Understanding the Table:
The comparison table above helps you see the total cost of your Citibank 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’.
The Citibank CAD to HKD exchange rate is 5.5567. This is -3.8% compared to the latest CAD-HKD mid-market rate 5.7760.
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 Hong Kong dollar (HKD) rates from different sources before making a conversion.
The above Citibank - Loonie to Hong Kong dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Citibank and other foreign exchange providers against the latest CAD-HKD mid-rate and the possible savings of using various providers.
Looking at the full comparison table the best CAD to HKD exchange rate is 5.7471 from OFX, -0.5% from the mid-market rate 5.7760. The next best rate is 5.742 from Wise, -0.59% from the mid-rate. Then XE with 5.7413 is -0.6% from the mid-rate.
The Western Union rate is 5.7182 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 5.6721 at -1.8% the Scotiabank rate is 5.5402 at -4.1% and the Royal Bank of Canada rate is 5.6211 at -2.7% compared to the mid-rate 5.7760.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Citibank 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.
The CAD to HKD exchange rate has recently seen upward momentum, currently trading at 90-day highs near 5.7431, which is approximately 3.0% above its three-month average of 5.5782.
The Canadian dollar (CAD) has shown resilience recently, bolstered by climbing oil prices, which are crucial for Canada’s economy.
Recent forecasts for the USD to HKD exchange rate reflect a challenging environment for the US dollar, influenced by disappointing inflation data and speculation...
View a full list of exchange rates by selecting your Base (from) currency: