CAD to NZD Exchange Rates & Currency Deals

   

CAD to NZD at 1.2152, stable but below the 3-month avg. Analysts note mixed signals for CAD tied to oil prices & rate cut expectations from the BoC. Meanwhile, NZD faces pressure from RBNZ easing & trade tensions. Caution advised for currency transactions

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What is the best Send Money conversion rate for CAD to NZD?

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 Loonie to Kiwi comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest CAD-NZD mid-rate and the possible savings of using various providers. 

How do CAD-NZD rates compare between providers?

The next best is Wise at 1.2098, -0.59% from the mid-rate.

Then XE at 1.2097, which is -0.6% from the mid-rate.

The Western Union rate is 1.2048 which is -1% from the mid-rate.

Among the banks the TD Bank rate is 1.1068 at -9.1% the Scotiabank rate is 1.1763 at -3.3% and the Royal Bank of Canada rate is 1.2000 at -1.4% compared to the mid-rate 1.2170.

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