Citibank CAD to AUD Exchange Rates & Currency Deals

   

What is the Citibank Send Money conversion rate for CAD to AUD?

The Citibank CAD to AUD exchange rate is 1.0869. This is -3.1% compared to the latest CAD-AUD mid-market rate 1.1212.

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 Australian dollar (AUD) rates from different sources before making a conversion.

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

How do Citibank CAD-AUD rates compare between providers?

Looking at the full CAD to AUD - Send Money comparison table the provider with the best CAD to AUD exchange rate is OFX at 1.1156, -0.5% from the latest mid-market rate 1.1212.

The next best is Wise at 1.1146, -0.59% from the mid-rate.

Then XE at 1.1145, which is -0.6% from the mid-rate.

The Western Union rate is 1.11 which is -1% from the mid-rate.

Among the banks the TD Bank rate is 1.0179 at -9.2% the Scotiabank rate is 1.0933 at -2.5% and the Royal Bank of Canada rate is 1.0978 at -2.1% compared to the mid-rate 1.1212.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Citibank 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 AUD Transfer Rates