Scotiabank AUD to CAD Exchange Rates & Currency Deals
AUD-CAD Rate Calculator
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’.
AUD to CAD Market Data
Australian dollar (AUD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
AUD/USD Outlook: The outlook for AUD/USD is slightly positive, but likely to move sideways as the rate remains above its recent average and near multi-year...
AUD/CAD Outlook: Slightly positive, likely moving sideways. Key drivers: • RBA's rate hike prospects vs. BoC's steady rates • Oil prices at 90-day highs impacting volatility. Range: Expected to hold steady. What could change it: • Upside: Surprise inflation in Aus • Downside: US trade relations affect CAD
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AUD to CAD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
What is the
Scotiabank Send Money conversion rate for AUD to CAD?
The Scotiabank AUD to CAD exchange rate is 0.8417. This is -11.4% compared to the latest AUD-CAD mid-market rate 0.9496.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above
Scotiabank - Aussie to Loonie 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 AUD-CAD mid-rate and the possible savings of using various providers.
How do Scotiabank AUD-CAD rates compare between providers?
Looking at the full
AUD to CAD - Send Money comparison table the provider with the best AUD to CAD exchange rate is Wise at 0.9451, -0.47% from the latest mid-market rate 0.9496.
The next best is OFX at 0.9448, -0.51% from the mid-rate.
Then XE at 0.9439, which is -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Scotiabank 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.