AUD/CAD update: As of Nov 3, the exchange rate is stable at 0.9175, slightly above the 3-month avg of 0.9087. Analysts note AUD faces pressure from mixed Chinese manufacturing data, while CAD volatility stems from fluctuating oil prices post BoC rate cut. Stay alert!

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What is the ING Bank Send Money conversion rate for AUD to CAD?

The ING Bank AUD to CAD exchange rate is 0.8727. This is -5% compared to the latest AUD-CAD mid-market rate 0.9182.

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

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

How do ING Bank AUD-CAD rates compare between providers?

Looking at the full AUD to CAD - Send Money comparison table the provider with the best AUD to CAD exchange rate is Wise at 0.9139, -0.47% from the latest mid-market rate 0.9182.

The next best is OFX at 0.9136, -0.5% from the mid-rate.

Then XE at 0.9127, which is -0.6% from the mid-rate.

The Western Union rate is 0.909 which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 0.8793 at -4.2% the ANZ Bank rate is 0.8915 at -2.9% and the ING Bank rate is 0.8727 at -5% compared to the mid-rate 0.9182.

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