CAD has faced pressure due to falling oil prices and possible GDP contraction, weakening its position against NZD. Current CADNZD exchange rate sits at 1.2458, up 1.1% from the 3-month avg. Experts warn that ongoing oil volatility will impact future trends. Stay alert!

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

The best CAD to NZD exchange rate is 1.2448 from OFX . This is -0.3% compared to the mid-market rate 1.2486.

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 1.2448, -0.3% from the latest mid-market rate 1.2486.

The next best is Wise at 1.2438, -0.38% from the mid-rate.

Then XE at 1.2411, which is -0.6% from the mid-rate.

The Western Union rate is 1.2361 which is -1% from the mid-rate.

Among the banks the TD Bank rate is 1.1745 at -5.9% the Scotiabank rate is 1.2136 at -2.8% and the Royal Bank of Canada rate is 1.218 at -2.5% compared to the mid-rate 1.2486.

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.

 

Compare CAD to NZD Transfer Rates