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Understanding the Table:
The comparison table above helps you see the total cost of your Wise 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 average CAD rate margin offered by Wise is 0.77%.
This average is based on individual CAD 10K transfer rates in the currency pairs from Wise that we monitor.
The tables below show the best and worst exchange rate margins offered by Wise for Canadian dollar (CAD 10K) transactions. Margins show the percentage difference from the mid-market rate.
Canadian dollar (CAD) to South Korean won (KRW) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/USD Outlook: The CAD is slightly positive, but likely to move sideways as it remains above its recent average and near the high end of its 3-month range.
USD/KRW Outlook: Slightly positive, but likely to move sideways, as the rate is above the 90-day average but lacks a clear driver for significant movement.
CAD/EUR Outlook: Slightly positive, but likely to move sideways, as the rate is near its 90-day average and lacks a strong direction.
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in South Korean won across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
*Converted at the current CAD-KRW interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Wise CAD to KRW exchange rate is 1047.63. This is -1% compared to the latest CAD-KRW mid-market rate 1,058.7.
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 South Korean won (KRW) rates from different sources before making a conversion.
The above Wise - Loonie to South Korean won comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Wise and other foreign exchange providers against the latest CAD-KRW mid-rate and the possible savings of using various providers.
Looking at the full CAD to KRW - Send Money comparison table the provider with the best CAD to KRW exchange rate is XE at 1052.3, -0.6% from the latest mid-market rate 1,058.7.
The next best is Wise at 1047.63, -1% from the mid-rate.
Then Western Union at 1041.71, which is -1.6% from the mid-rate.
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 Wise 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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