What is the
HSBC Send Money conversion rate for AED to CAD?
The HSBC AED to CAD exchange rate is 0.3553. This is -5.5% compared to the latest AED-CAD mid-market rate 0.3759.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
United Arab Emirates dirham (AED) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above
HSBC - United Arab Emirates dirham to Loonie comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
HSBC and other foreign exchange providers against the latest AED-CAD mid-rate and the possible savings of using various providers.
How do HSBC AED-CAD rates compare between providers?
Looking at the full
AED to CAD - Send Money comparison table the provider with the best AED to CAD exchange rate is XE at 0.3737, -0.59% from the latest mid-market rate 0.3759.
The next best is Wise at 0.3627, -3.5% from the mid-rate.
Among the banks the First Abu Dhabi Bank rate is 0.3511 at -6.6% the HSBC rate is 0.3553 at -5.5% and the Citibank rate is 0.3568 at -5.1% compared to the mid-rate 0.3759.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like HSBC 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 AED to CAD Transfer Rates