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Understanding the Table:
The comparison table above helps you see the total cost of your Scotiabank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
The average CAD rate margin offered by Scotiabank is 3.7%.
This average is based on individual CAD 10K transfer rates in the currency pairs from Scotiabank that we monitor.
The tables below show the best and worst exchange rate margins offered by Scotiabank for Canadian dollar (CAD 10K) transactions. Margins show the percentage difference from the mid-market rate.
Canadian dollar (CAD) to Bermudan dollar (BMD) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/USD Outlook: Slightly positive, but likely to move sideways as the rate trades just above its average and lacks a clear driver.
CAD/EUR Outlook: Slightly weaker, but likely to move sideways, as the rate is near recent lows and below its recent average without a clear driver influencing movement.
CAD/JPY Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and lacks a clear driver.
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Bermudan dollar across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
| CAD | BMD |
|---|---|
| C$ 1,000 | B$ 723.00 |
| C$ 5,000 | B$ 3,615 |
| C$ 20,000 | B$ 14,460 |
| C$ 100,000 | B$ 72,300 |
| CAD | BMD |
|---|---|
| C$ 1,383 | B$ 1,000 |
| C$ 6,915 | B$ 5,000 |
| C$ 27,660 | B$ 20,000 |
| C$ 138,300 | B$ 100,000 |
More amounts
*Converted at the current CAD-BMD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best CAD to BMD exchange rate is 0.7187 from Wise. This is -0.59% compared to the mid-market rate 0.7230.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Bermudan dollar (BMD) rates from different sources before making a conversion.
The above Scotiabank - Loonie to Bermudan dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Scotiabank and other foreign exchange providers against the latest CAD-BMD mid-rate and the possible savings of using various providers.
View a full list of exchange rates by selecting your Base (from) currency:
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