CAD to NZD Transfers Compared

   

CAD/NZD update: Currently at 1.2463, the CAD faces pressure from a BoC rate cut to 3%, amid low oil prices & trade deficits. Analysts warn that despite a 1.4% rise over the 3-month avg, ongoing volatility and external pressures on both currencies should be closely monitored

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What is the best Send Money conversion rate for CAD to NZD?

The best CAD to NZD exchange rate is 1.24 from OFX . This is -0.51% compared to the mid-market rate 1.2463.

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 New Zealand dollar (NZD) rates from different sources before making a conversion.

The above Loonie to Kiwi 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-NZD mid-rate and the possible savings of using various providers. 

How do CAD-NZD rates compare between providers?

Looking at the full CAD to NZD - Send Money comparison table the provider with the best CAD to NZD exchange rate is OFX at 1.24, -0.51% from the latest mid-market rate 1.2463.

The next best is Wise at 1.2397, -0.53% from the mid-rate.

Then XE at 1.2388, which is -0.6% from the mid-rate.

The Western Union rate is 1.2338 which is -1% from the mid-rate.

Among the banks the TD Bank rate is 1.1719 at -6% the Scotiabank rate is 1.2114 at -2.8% and the Royal Bank of Canada rate is 1.2157 at -2.5% compared to the mid-rate 1.2463.

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.