ASB Bank NZD to CAD Transfers Compared

   

CAD to NZD crosses at 1.2237, stable despite volatility in oil prices. Analysts highlight a bearish sentiment on CAD due to weak job data and potential BoC rate cuts, while NZD feels pressure from lower interest rates and global tariffs. Watch for oil and policy shifts ahead

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What is the ASB Bank Send Money conversion rate for NZD to CAD?

The ASB Bank NZD to CAD exchange rate is 0.7841. This is -3.6% compared to the latest NZD-CAD mid-market rate 0.8134.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare New Zealand dollar (NZD) to Canadian dollar (CAD) rates from different sources before making a conversion.

The above ASB Bank - Kiwi to Loonie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by ASB Bank and other foreign exchange providers against the latest NZD-CAD mid-rate and the possible savings of using various providers. 

How do ASB Bank NZD-CAD rates compare between providers?

The next best is XE at 0.8086, -0.59% from the mid-rate.

Then Wise at 0.8078, which is -0.69% from the mid-rate.

Among the banks the ANZ Bank rate is 0.8255 at 1.5% the BNZ Bank rate is 0.7744 at -4.8% and the TSB Bank rate is 0.7695 at -5.4% compared to the mid-rate 0.8134.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like ASB Bank 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.