Understanding the Table:
The comparison table above helps you see the total cost of your Natwest Bank 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’.
Canadian dollar (CAD) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/USD Outlook: Slightly positive, but likely to move sideways as the rate is above its 90-day average and near the mid-range of the past three months.
CAD/EUR Outlook: The outlook for CAD/EUR is slightly positive but likely to move sideways, as it is just above its recent average and near the 3-month highs...
CAD/JPY Outlook: Slightly positive, but likely to move sideways, as the rate is just above its recent average and lacks a clear driver for significant movement.
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in US dollar 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-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best CAD to USD exchange rate is 0.7303 from OFX . This is -0.5% compared to the mid-market rate 0.7340.
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 US dollar (USD) rates from different sources before making a conversion.
The above Natwest Bank - Loonie to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Natwest Bank and other foreign exchange providers against the latest CAD-USD mid-rate and the possible savings of using various providers.
Looking at the full CAD to USD - Send Money comparison table the provider with the best CAD to USD exchange rate is OFX at 0.7303, -0.5% from the latest mid-market rate 0.7340.
The next best is XE at 0.7296, -0.6% from the mid-rate.
Then Wise at 0.729, which is -0.68% from the mid-rate.
The Western Union rate is 0.7266 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 0.6751 at -8% the Scotiabank rate is 0.7149 at -2.6% and the Royal Bank of Canada rate is 0.7181 at -2.2% compared to the mid-rate 0.7340.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Natwest Bank 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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