Understanding the Table:
The comparison table above helps you see the total cost of your Coast Capital Savings 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’.
US dollar (USD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
USD/CAD Outlook: The USD/CAD rate is currently below its recent average and near recent lows, suggesting a slightly weaker but likely sideways movement.
USD/EUR Outlook: The USD/EUR exchange rate is currently below its 90-day average and near recent lows, which indicates a bearish outlook.
USD/JPY Outlook: The USD/JPY is slightly weaker but likely to move sideways, as it is presently below its recent average and near recent lows.
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
*Converted at the current USD-CAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best USD to CAD exchange rate is 1.3574 from OFX . This is -0.51% compared to the mid-market rate 1.3643.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above Coast Capital Savings - Dollar to Loonie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Coast Capital Savings and other foreign exchange providers against the latest USD-CAD mid-rate and the possible savings of using various providers.
Looking at the full USD to CAD - Send Money comparison table the provider with the best USD to CAD exchange rate is OFX at 1.3574, -0.51% from the latest mid-market rate 1.3643.
The next best is XE at 1.3561, -0.6% from the mid-rate.
Then Wise at 1.3502, which is -1% from the mid-rate.
The Western Union rate is 1.3438 which is -1.5% from the mid-rate.
Among the banks the Chase Bank rate is 1.2688 at -7% the Wells Fargo Bank rate is 1.2647 at -7.3% and the Citibank rate is 1.3275 at -2.7% compared to the mid-rate 1.3643.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Coast Capital Savings 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.
View a full list of exchange rates by selecting your Base (from) currency:
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