Bank of Montreal EUR to USD Transfers Compared

No margin analysis data available for Bank of Montreal at this time.

   

EUR/USD is navigating fluctuations amid geopolitical tensions with Russia and mixed USD performance. Analysts note recent highs near 1.1659, yet uncertainty prevails due to potential ECB policy shifts and economic slowdown signs. Key central bank decisions ahead will be critical for market direction

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What is the best Send Money conversion rate for EUR to USD?

The best EUR to USD exchange rate is 1.1556 from OFX . This is -0.3% compared to the mid-market rate 1.1591.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Euro (EUR) to US dollar (USD) rates from different sources before making a conversion.

The above Bank of Montreal - Euro to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bank of Montreal and other foreign exchange providers against the latest EUR-USD mid-rate and the possible savings of using various providers. 

How do Bank of Montreal EUR-USD rates compare between providers?

Looking at the full EUR to USD - Send Money comparison table the provider with the best EUR to USD exchange rate is OFX at 1.1556, -0.3% from the latest mid-market rate 1.1591.

The next best is XE at 1.1521, -0.6% from the mid-rate.

Then Wise at 1.1518, which is -0.63% from the mid-rate.

The Western Union rate is 1.1475 which is -1% from the mid-rate.

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