What is the
TD Bank Send Money conversion rate for CAD to GBP?
The TD Bank CAD to GBP exchange rate is 0.5840. This is 7.7% compared to the latest CAD-GBP mid-market rate 0.5424.
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 British pound (GBP) rates from different sources before making a conversion.
The above
TD Bank - Loonie to Sterling comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
TD Bank and other foreign exchange providers against the latest CAD-GBP mid-rate and the possible savings of using various providers.
How do TD Bank CAD-GBP rates compare between providers?
Looking at the full
CAD to GBP - Send Money comparison table the provider with the best CAD to GBP exchange rate is OFX at 0.5397, -0.5% from the latest mid-market rate 0.5424.
The next best is XE at 0.5392, -0.59% from the mid-rate.
Then Wise at 0.5392, which is -0.59% from the mid-rate.
The Western Union rate is 0.537 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 0.5840 at 7.7% the Scotiabank rate is 0.5202 at -4.1% and the Royal Bank of Canada rate is 0.5257 at -3.1% compared to the mid-rate 0.5424.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like TD 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.