What is the
PayPal Send Money conversion rate for CAD to NZD?
The PayPal CAD to NZD exchange rate is 1.1699. This is -3.9% compared to the latest CAD-NZD mid-market rate 1.2176.
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 New Zealand dollar (NZD) rates from different sources before making a conversion.
The above
PayPal - Loonie to Kiwi comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
PayPal and other foreign exchange providers against the latest CAD-NZD mid-rate and the possible savings of using various providers.
How do PayPal CAD-NZD rates compare between providers?
Looking at the full
CAD to NZD - Send Money comparison table the provider with the best CAD to NZD exchange rate is OFX at 1.2115, -0.5% from the latest mid-market rate 1.2176.
The next best is Wise at 1.2105, -0.58% from the mid-rate.
Then XE at 1.2103, which is -0.6% from the mid-rate.
The Western Union rate is 1.2055 which is -0.99% from the mid-rate.
Among the banks the TD Bank rate is 1.1068 at -9.1% the Scotiabank rate is 1.1837 at -2.8% and the Royal Bank of Canada rate is 1.1879 at -2.4% compared to the mid-rate 1.2176.
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
or platforms that offer rates closer to the mid-market rate.
Compare CAD to NZD Transfer Rates