What is the
best Send Money conversion rate for CAD to SGD?
The best CAD to SGD exchange rate is our partner deal rate of 0.9356 from OFX . This is -0.5% compared to the mid-market rate 0.9403.
The standard OFX CAD-SGD rate is 0.9232, -1.8% from the mid-rate. Visit OFX here to secure the better rate.
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 Singapore dollar (SGD) rates from different sources before making a conversion.
The above
Travelex Online - Loonie to Singapore dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Travelex Online and other foreign exchange providers against the latest CAD-SGD mid-rate and the possible savings of using various providers.
How do Travelex Online CAD-SGD rates compare between providers?
Looking at the
full comparison table
the best CAD to SGD exchange rate is 0.9356 from OFX, -0.5% from the mid-market rate 0.9403. The next best rate is 0.9347 from Wise, -0.6% from the mid-rate. Then XE with 0.9346 is -0.61% from the mid-rate.
The Western Union rate is 0.9309 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 0.9532 at 1.4% the Scotiabank rate is 0.9101 at -3.2% and the Royal Bank of Canada rate is 0.9157 at -2.6% compared to the mid-rate 0.9403.
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 Travelex Online or platforms that offer rates closer to the mid-market rate.
Compare CAD to SGD Transfer Rates