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Understanding the Table:
The comparison table above helps you see the total cost of your 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’.
Sending money to China 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 to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to China bank accounts or pay a Chinese yuan invoice.
Canadian dollar (CAD) to Chinese yuan (CNY) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/CNY Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks strong momentum.
CAD/USD Outlook: Bullish, supported by CAD's strength from rising oil prices.
USD/CNY Outlook: Likely to decrease, given it is below the recent average and near recent lows.
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Chinese yuan across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
*Converted at the current CAD-CNY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best CAD to CNY exchange rate is 5.0218 from Wise. This is -1.5% compared to the mid-market rate 5.0996.
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 Chinese yuan (CNY) rates from different sources before making a conversion.
The above Loonie to Yuan comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest CAD-CNY mid-rate and the possible savings of using various providers.
Looking at the full CAD to CNY - Send Money comparison table the provider with the best CAD to CNY exchange rate is Wise at 5.0218, -1.5% from the latest mid-market rate 5.0996.
The next best is Western Union at 5.018, -1.6% from the mid-rate.
Then OFX at 4.9542, which is -2.9% from the mid-rate.
Among the banks the TD Bank rate is 4.7531 at -6.8% and the Royal Bank of Canada rate is 4.7429 at -7% compared to the mid-rate 5.0996.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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