Thu 21 Nov 2024 06:23GMT
A money transfer through a foreign exchange broker is the smart move. With excellent exchange rates and fee-free transfers, you could save time and money.
To send international money transfers to Canada, you will need a foreign exchange broker for canadian dollars transfer. Please see following live interbank exchange rates for Canada money transfers:
UK to Canada | 1 GBP = 1.767 CAD | Money transfer to Canada from UK | |
USA to Canada | 1 USD = 1.396 CAD | Money transfer to Canada from USA | |
Australia to Canada | 1 AUD = 0.91 CAD | Money transfer to Canada from Australia | |
France to Canada | 1 EUR = 1.474 CAD | Money transfer to Canada from France | |
Italy to Canada | 1 EUR = 1.474 CAD | Money transfer to Canada from Italy | |
New Zealand to Canada | 1 NZD = 0.821 CAD | Money transfer to Canada from New Zealand | |
South Africa to Canada | 1 ZAR = 0.077 CAD | Money transfer to Canada from South Africa | |
Spain to Canada | 1 EUR = 1.474 CAD | Money transfer to Canada from Spain | |
Thailand to Canada | 1 THB = 0.04 CAD | Money transfer to Canada from Thailand | |
Turkey to Canada | 1 TRY = 0.04 CAD | Money transfer to Canada from Turkey | |
UAE to Canada | 1 AED = 0.38 CAD | Money transfer to Canada from UAE | |
Germany to Canada | 1 EUR = 1.474 CAD | Money transfer to Canada from Germany | |
India to Canada | 1 INR = 0.017 CAD | Money transfer to Canada from India |
Please note: exchange rates above are those used between banks and not available for the average consumer! You have two options when looking to source the best way to transfer money into Canada's currency of CAD. You can use a high street bank or a foreign exchange broker. When comparing services you'll need to check if there are any transaction fees, in addition to the CAD exchange rate being offered. By using a specialist currency broker, you'll often find the money transfer service is fee-free, and can have better than bank exchange rates. Forex brokers also offer benefits over the banks such as dedicated FX managers, the ability to lock in an exchange rate for your canadian dollars and low margins.
Despite Canadian Dollar weakness earlier in the week, the currency experienced a fresh surge in demand after yesterday’s Bank of Canada (BoC) policy decision and the British Pound to Canadian Dollar (GBP/CAD) exchange rate plummeted again. Since opening this week at the level of 1.7305, GBP/CAD has been trending with an upside bias as the Canadian Dollar continued to sold back from recent highs. GBP/CAD surged earlier in the week, and on Tuesday night touched on a high of 1.7584. This...
The Pound New Zealand Dollar (GBP/NZD) exchange rate eased today, leaving the pairing fluctuating around NZ$1.850. Sterling fell against the New Zealand Dollar following the announcement of the Bank of England’s interest rate decision today, which held at 0.75%. However, Mark Carney, the Governor of the BoE, was downbeat in his forecast, saying that the UK could face a likely recession on a no-deal Brexit – a prospect that now looks highly likely. Mr Carney said: ‘After a...
The Pound Canadian Dollar (GBP/CAD) exchange rate dropped by -0.9%, leaving the pairing fluctuating around CA$1.618. Sterling plummeted against many of its competitors today as no-deal Brexit fears soared following Tory leadership hopefuls Boris Johnson and Foreign Secretary Jeremy Hunt have hardened in their position on the Northern Irish backstop. Both potential prime ministers commented that the backstop idea was effectively ‘dead’, and would not be included in negotiations with the...