You Can Save Money when you Compare Exchange Rate Margins & Fees
The above comparison table makes it easy to calculate the Total Cost you are being charged on your currency transaction by banks and providers versus the market mid-rate. It is easy to calculate any savings available from popular market-leading FX providers.
Is Canadian dollar (CAD) expected to go up or down?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar current value is to look the CAD performance against a range of other currencies over various time periods.
The following table looks at the performance of the CAD exchange rate against selections of other currencies over time periods from the previous 2 days back to the last 5 years.
CAD Currency Country Guides
Canada (CAD) |
Here are a few things to consider when sending money to Canada:
Fees: Different banks and money transfer services charge different fees for international money transfers. Shop around to find the best deal and compare the fees charged by different providers.
Exchange rate: The exchange rate is the rate at which one currency is converted into another. Keep an eye on the exchange rate when sending money to Canada, as it can fluctuate and impact the amount of money you receive.
Transfer speed: Some money transfer providers offer faster transfer speeds than others. If you need the money to arrive in Canada quickly, consider a provider that offers expedited transfer speeds for an additional fee.
Read more at our Canada (CAD) country guide
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