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Understanding the Table:
The comparison table above helps you see the total cost of your Currencies Direct 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’.
Currencies Direct is one of Europe’s leading non-bank providers of international payment services.
Currencies Direct is one of Europe’s leading non-bank providers of currency exchange and international payment services.
Since its formation in 1996 Currencies Direct has maintained its focus on being an innovative service provider of foreign exchange and international transfers for consumers and high net worth individuals with an extensive client base of 200,000.
When you are making international payments you can benefit from Currencies Direct's experience in seeking the best possible rate, whether you are sending or receiving foreign currency.
They are specialists for international transfers for high net worth individuals.
The best CAD to USD exchange rate is our partner deal rate of 0.7161 from OFX . This is -0.5% compared to the mid-market rate 0.7197.
The standard OFX CAD-USD rate is 0.708, -1.6% 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 US dollar (USD) rates from different sources before making a conversion.
The above Currencies Direct - Loonie to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Currencies Direct 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 0.7161, -0.5% from the latest mid-market rate 0.7197.
The next best is Wise at 0.7155, -0.58% from the mid-rate.
Then XE at 0.7154, which is -0.6% from the mid-rate.
The Western Union rate is 0.7125 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 0.7264 at 0.93% the Scotiabank rate is 0.7018 at -2.5% and the Royal Bank of Canada rate is 0.7042 at -2.2% compared to the mid-rate 0.7197.
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 Currencies Direct 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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