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Understanding the Table:
The comparison table above helps you see the total cost of your 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’.
Sending money to Egypt can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Egypt bank accounts or pay a Egyptian pound invoice.
Canadian dollar (CAD) to Egyptian pound (EGP) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/USD Outlook: The Canadian dollar is likely to increase, as it is trading significantly above its recent average and near recent highs, supported by rising oil prices.
USD/EGP Outlook: Bearish, consistent with being below its recent average and near recent lows due to weak USD fundamentals.
CAD/EUR Outlook: Slightly positive, but likely to move sideways as the rate hovers around its 90-day average and is impacted by mixed drivers.
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Egyptian pound across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
*Converted at the current CAD-EGP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best CAD to EGP exchange rate is 34.35 from Wise. This is -0.75% compared to the mid-market rate 34.61.
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 Egyptian pound (EGP) rates from different sources before making a conversion.
The above Loonie to Egyptian pound comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest CAD-EGP mid-rate and the possible savings of using various providers.
Looking at the full CAD to EGP - Send Money comparison table the provider with the best CAD to EGP exchange rate is Wise at 34.35, -0.75% from the latest mid-market rate 34.61.
The next best is Western Union at 34.06, -1.6% from the mid-rate.
Among the banks the TD Bank rate is 32.36 at -6.5% and the Royal Bank of Canada rate is 32.29 at -6.7% compared to the mid-rate 34.61.
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 or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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