What is the
WorldRemit Send Money conversion rate for CAD to ISK?
The WorldRemit CAD to ISK exchange rate is 88.94. This is -1.5% compared to the latest CAD-ISK mid-market rate 90.30.
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 Icelandic krona (ISK) rates from different sources before making a conversion.
The above
WorldRemit - Loonie to Krona comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest CAD-ISK mid-rate and the possible savings of using various providers.
How do WorldRemit CAD-ISK rates compare between providers?
Looking at the full
CAD to ISK - Send Money comparison table the provider with the best CAD to ISK exchange rate is Wise at 89.76, -0.6% from the latest mid-market rate 90.30.
The next best is WorldRemit at 88.94, -1.5% from the mid-rate.
Then Western Union at 88.85, which is -1.6% from the mid-rate.
Among the banks the TD Bank rate is 84.43 at -6.5% compared to the mid-rate 90.30.
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 WorldRemit or platforms that offer rates closer to the mid-market rate.