The CAD has hit a 90-day low against the AED at 2.6120, down 1.2% from its 3-month average, driven by falling oil prices and economic uncertainties. Analysts caution that unless oil stabilizes, CAD may face more downward pressure. Monitor these trends for potential savings in exchanges

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What is the First Abu Dhabi Bank Send Money conversion rate for AED to CAD?

The First Abu Dhabi Bank AED to CAD exchange rate is 0.3578. This is -6.6% compared to the latest AED-CAD mid-market rate 0.3830.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare United Arab Emirates dirham (AED) to Canadian dollar (CAD) rates from different sources before making a conversion.

The above First Abu Dhabi Bank - United Arab Emirates dirham to Loonie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by First Abu Dhabi Bank and other foreign exchange providers against the latest AED-CAD mid-rate and the possible savings of using various providers. 

How do First Abu Dhabi Bank AED-CAD rates compare between providers?

Looking at the full AED to CAD - Send Money comparison table the provider with the best AED to CAD exchange rate is XE at 0.3807, -0.6% from the latest mid-market rate 0.3830.

The next best is Wise at 0.3695, -3.5% from the mid-rate.

Among the banks the First Abu Dhabi Bank rate is 0.3578 at -6.6% the HSBC rate is 0.362 at -5.5% and the Citibank rate is 0.3635 at -5.1% compared to the mid-rate 0.3830.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like First Abu Dhabi Bank 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.