What is the
Canada Post Send Money conversion rate for CAD to AED?
The Canada Post CAD to AED exchange rate is 2.4433. This is -8.8% compared to the latest CAD-AED mid-market rate 2.6790.
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 United Arab Emirates dirham (AED) rates from different sources before making a conversion.
The above
Canada Post - Loonie to United Arab Emirates dirham comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Canada Post and other foreign exchange providers against the latest CAD-AED mid-rate and the possible savings of using various providers.
How do Canada Post CAD-AED rates compare between providers?
Looking at the
full comparison table
the best CAD to AED exchange rate is 2.6656 from OFX, -0.5% from the mid-market rate 2.6790. The next best rate is 2.6633 from Wise, -0.59% from the mid-rate. Then XE with 2.663 is -0.6% from the mid-rate.
The Western Union rate is 2.6522 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 2.6448 at -1.3% and the Royal Bank of Canada rate is 2.6069 at -2.7% compared to the mid-rate 2.6790.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Canada Post 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.
Compare CAD to AED Transfer Rates