For over a decade, BestExchangeRates.com has been a trusted resource for comparing foreign exchange rates in Canada and worldwide.
We make it easy to avoid hidden fees and inflated margins by comparing live rates from major banks and trusted money transfer specialists. Whether you’re sending money abroad or exchanging cash for travel, our tools highlight the cheapest and most convenient options in real time.
Our mission is simple: transparency. We break down complex FX fees so you can make informed decisions and keep more of your money where it belongs—in your pocket.
More than 3 million satisfied visitors have saved over $200M on foreign exchange.
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Sending money abroad can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.
Follow exchange rates via your personal BER Tracker to keep track of trending currency pairs so that you can take advantage of opportunities and trends in the market.
The Canadian dollar (CAD) has recently shown resilience, buoyed by rising oil prices, which are critical for Canada's economy given its status as a major oil exporter. On Thursday, the CAD edged higher, tracking the upward momentum in oil prices. Analysts note that the loonie is likely to continue responding closely to fluctuations in the energy sector, particularly if oil prices maintain their upward trajectory.
Current trends indicate that the CAD to USD exchange rate is positioned at 0.7280, aligning with its 3-month average and demonstrating stability overall, having traded within a narrow range of 0.7152 to 0.7369. In contrast, the CAD to EUR stands at 0.6267, approximately 1.2% below its 3-month average, while CAD to GBP at 0.5420 is slightly above its average. Notably, the CAD to JPY has seen a significant increase, trading at 108.0, which is 2.7% above its 3-month average, indicating stronger market sentiment.
BestExchangeRates.com keeps you up-to-date on Canadian dollar forecasts by collating the views of reliable FX forecasters and economists together with recent CAD price trends. This analysis covers a wide range of factors including economic indicators, geopolitical events, central bank policies, and technical analysis to provide a thorough and current outlook on currency trends.
June 2025 has seen big FX shifts: the British pound and Mexican peso surged, while the U.S. dollar and Swiss franc declined. See which currencies led the market—and why.
The Swedish Krona's recent appreciation has led to a decline in public support for adopting the Euro, with only 32% favoring the change in 2025.
A comprehensive guide to choosing the best money transfer provider, covering key factors like fees, speed, exchange rates, and customer support, with comparisons of top providers.
We compare the features, exchange rates and security of the three best multi-currency accounts available today — the Wise Account, the WorldFirst World Account, and the OFX Global Currency Account.
The euro's unexpected rise against the U.S. dollar presents the European Central Bank with a complex dilemma, as global trade tensions and policy shifts influence currency dynamics.
Currency shifts can quietly shrink your margins if you’re doing business internationally. Learn how to manage FX exposure, protect your profits, and use smart tools to stay ahead.
Looking to transfer money internationally? We compare OFX and Wise side by side, covering costs, exchange rates, speed, and features to help you choose the best service for your needs in 2025. Which one is right for you depends largely on how much you’re sending, how often you transfer, and whether you value real-time convenience or personal account management.
The Wise Account allows users to hold and convert funds in 40 different currencies and send and spend internationally, all at the “real” exchange rate and with exceptionally low service fees. Users can also receive major-currency payments free of charge.
OFX is a reputable international money transfer service that caters to both individuals and businesses, offering a range of features designed to facilitate global transactions.
The United States dollar is the official currency of the United States of America but also is the world’s dominant reserve currency, and it accounts for roughly 62% of global foreign exchange reserves, double that of the Euro and Yen. In fact, the US Dollar has been the world’s reserve currency for over 100 years.
Track your preferred exchange rates and receive free daily alerts when the market moves. The BER Rate Tracker helps you time your international transfers for the best value. Get daily exchange rate alerts with the BER Rate Tracker. Monitor FX trends, set personalized currency pairs, and decide the best time to send money abroad—all for free.
Compare global currency exchange rates for travel money & online purchases. Get the best rates, low fees & top multi-currency cards. Save money worldwide.
Compare international's money transfers to find the best rates, lowest fees & fastest options. Save money with trusted providers worldwide.
Need to send money to Europe? Learn how to use IBANs, BICs, and the SEPA network to transfer euros quickly and cost-effectively with providers like Wise and OFX.
Travel cards are a smart and secure way to manage your money overseas. This guide explains how they work, compares the top options, and helps you avoid costly exchange rate and ATM fees while travelling.