What is the
Citibank Send Money conversion rate for EUR to CAD?
The Citibank EUR to CAD exchange rate is 1.5734. This is -3.4% compared to the latest EUR-CAD mid-market rate 1.6280.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above
Citibank - Euro to Loonie 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 EUR-CAD mid-rate and the possible savings of using various providers.
How do Citibank EUR-CAD rates compare between providers?
Looking at the full
EUR to CAD - Send Money comparison table the provider with the best EUR to CAD exchange rate is OFX at 1.6232, -0.29% from the latest mid-market rate 1.6280.
The next best is Wise at 1.6198, -0.5% from the mid-rate.
Then XE at 1.6183, which is -0.6% from the mid-rate.
The Western Union rate is 1.6118 which is -1% from the mid-rate.
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.
Compare EUR to CAD Transfer Rates