The comparison table above helps you see the total cost of your Wise 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’.
Wise - CAD Rate Margin Analysis
The average CAD rate margin offered by Wise is 0.80%.
This average is based on individual CAD 10K transfer rates in the currency pairs from Wise that we monitor.
Wise - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Wise for Canadian dollar (CAD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
CAD/USD Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and lacks a clear driver for a substantial increase.
CAD/DKK update: Outlook is sideways as rate nears average without strong catalysts. Key drivers: 🏦 BoC cuts rates 📉 vs. ECB's stable stance, and rising oil prices may support CAD. Range likely to hold; risks include U.S. trade tensions & oil shifts. #FX #CADDKK
@bestfxrates
CAD to DKK 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 Canadian dollar are worth in Danish krone across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
What is the
Wise Send Money conversion rate for CAD to DKK?
The Wise CAD to DKK exchange rate is 4.5853. This is -0.69% compared to the latest CAD-DKK mid-market rate 4.6171.
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 Danish krone (DKK) rates from different sources before making a conversion.
The above
Wise - Loonie to Krone comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Wise and other foreign exchange providers against the latest CAD-DKK mid-rate and the possible savings of using various providers.
How do Wise CAD-DKK rates compare between providers?
Looking at the full
CAD to DKK - Send Money comparison table the provider with the best CAD to DKK exchange rate is OFX at 4.594, -0.5% from the latest mid-market rate 4.6171.
The next best is XE at 4.5894, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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
like Wise or platforms that offer rates closer to the mid-market rate.