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 0.76%.
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.
Bias
Bearish-to-range-bound, CAD/THB sits below its 90-day average and in the lower half of the last three months’ range.
Key drivers
- Rate gap: The Bank of Canada’s policy rate remains higher than the Bank of Thailand’s, supporting CAD versus THB in a higher-rate environment for cross-border trades.
- Risk/commodities: Oil is at 90-day highs and above its 3-month average, with volatility; as a commodity-linked currency, CAD tends to strengthen when oil rises, especially for exporters.
- Macro: BOT easing and a healthy current-account surplus underpin THB, helping the Thai currency withstand external shocks and attract inflows.
Range
The pair is likely to drift within the recent three-month range, with a tendency to test the lower edge if CAD weakness persists, barring oil surprises.
What could change it
- Upside risk: oil staying firm or rallying could push CAD higher against THB, supporting cross-border payments and hedging needs.
- Downside risk: a pullback in oil or a stronger U.S. dollar would weigh on CAD and push the pair lower, complicating imports and remittances.
CAD/THB bearish-to-range-bound, below its 90-day avg as oil stays firm and BoC-BOT gaps support CAD. Oil strength could lift CAD, but a pullback in oil or a stronger USD would push the pair lower
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CAD to THB 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 Thai baht 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 THB?
The Wise CAD to THB exchange rate is 22.38. This is -1% compared to the latest CAD-THB mid-market rate 22.61.
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 Thai baht (THB) rates from different sources before making a conversion.
The above
Wise - Loonie to Baht 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-THB mid-rate and the possible savings of using various providers.
How do Wise CAD-THB rates compare between providers?
Looking at the full
CAD to THB - Send Money comparison table the provider with the best CAD to THB exchange rate is OFX at 22.5, -0.49% from the latest mid-market rate 22.61.
The next best is XE at 22.47, -0.62% 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.