Sending money to Uruguay is fairly easy. If sending from other countries, you have many options available to you, including some of the best.
The current exchange rate for the Uruguayan Peso (UYU) is 43.802354 UYU per American Dollar (USD) as of the time this was written. The UYU reached a high of 43.8183 UYU per USD and a low of 43.7595 URU per USD during the last 90 days. The average exchange rate for the last 90 days was 43.7944 UYU per USD.
The average volatility rate for the UYU was 0.34% against the USD for the last 90 days. This is a moderate volatility rate. You can reasonably expect only moderate fluctuations to continue going forward, barring any unforeseen circumstances.
The fastest way to send money to Uruguay is through Ria Money Transfer’s fast option. With Ria Money Transfer’s fast option, your money should reach its Uruguayan destination in a matter of minutes. The fast option is also very affordable and costs less than most of Ria Money Transfer’s slower competition.
The main drawback to Ria Money Transfer is that some users complain of hassles and a platform which isn’t the easiest to use. When it comes to their fast option, you can be sure you’re getting a good deal when it comes to both speed and cost.
The cheapest way to send money to Uruguay is through TransferWise. The young peer-to-peer money transfer company is one of the only options on the market that doesn’t mark up currency conversion fees at all. TransferWise does charge a simple, upfront fee, but this fee is quite low when you factor in the complete lack of hidden currency conversion costs. When both of these factors are taken into consideration, TransferWise is the cheapest option.
The easiest way to send money to Uruguay is through TransferWise. TransferWise makes sending money to Uruguay exceptionally easy. All you need to do is follow these simple steps:
1) Tap in the amount of money to be sent
2) Tap in the destination
3) Pay TransferWise for the transaction.
4) Wait one or two days for the funds to arrive at the destination
TransferWise is the overall best option available to you if you need to send money to Uruguay. The company simply offers the best-rounded deal. With TransferWise you can expect consistently low costs and more honesty regarding these costs. You can also expect to send money with ease and to have your money arrive at its Uruguayan destination within two business days.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com