Royal Bank of Canada CAD to SEK Exchange Rates & Currency Deals
CAD-SEK Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Royal Bank of Canada 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’.
Royal Bank of Canada - CAD Rate Margin Analysis
The average CAD rate margin offered by Royal Bank of Canada is 3.0%.
This average is based on individual CAD 10K transfer rates in the currency pairs from Royal Bank of Canada that we monitor.
Royal Bank of Canada - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Royal Bank of Canada for Canadian dollar (CAD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Royal Bank of Canada Best Value Rates (Lowest Margins)
CAD/USD Outlook: The outlook for CAD/USD is bullish as the rate is currently above its recent average and near recent highs, supported by rising oil prices.
CAD/EUR Outlook: Slightly positive, but likely to move sideways as the rate is just above the recent average and near recent highs, with mixed signals in the market.
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Swedish krona across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
What is the
Royal Bank of Canada Send Money conversion rate for CAD to SEK?
The Royal Bank of Canada CAD to SEK exchange rate is 6.3727. This is -2.7% compared to the latest CAD-SEK mid-market rate 6.5485.
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 Swedish krona (SEK) rates from different sources before making a conversion.
The above
Royal Bank of Canada - Loonie to Krona comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Royal Bank of Canada and other foreign exchange providers against the latest CAD-SEK mid-rate and the possible savings of using various providers.
How do Royal Bank of Canada CAD-SEK rates compare between providers?
Looking at the full
CAD to SEK - Send Money comparison table the provider with the best CAD to SEK exchange rate is OFX at 6.5158, -0.5% from the latest mid-market rate 6.5485.
The next best is XE at 6.5092, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Royal Bank of Canada 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.