Convert USD to CAD at the real exchange rate
100
usd
133.89
cad
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Leading competitors have a dirty little secret. They add hidden markups to their exchange rates - charging you more without your knowledge. And if they have a fee, they charge you twice.
Wise never hides fees in the exchange rate. We give you the real rate. Compare our rate and fee with our competitors and see the difference for yourself.
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Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Our smart tech means we’re more efficient – which means you get a great rate. Every time.
How to convert US dollars to Canadian dollars
- 1
Input your amount
Simply type in the box how much you want to convert.
- 2
Choose your currencies
Click on the dropdown to select USD in the first dropdown as the currency that you want to convert and CAD in the second drop down as the currency you want to convert to.
- 3
That’s it
Our currency converter will show you the current USD to CAD rate and how it’s changed over the past day, week or month.
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Are you overpaying your bank?
Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers.
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See how rates have changed over the last day or the last 500. Add currencies you use often — or just want to keep an eye on — to your favourites for easy access. Pounds, dollars, pesos galore.
Currency Converter is an exchange rate information and news app only and not a currency trading platform. The information shown there does not constitute financial advice.
As a seasoned financial expert with a deep understanding of currency exchange and international money transfers, I'm well-equipped to dissect the information provided in the article and shed light on the concepts involved.
Real Exchange Rate and Hidden Markups: The article emphasizes the importance of obtaining the real exchange rate when converting USD to CAD. The real exchange rate, also known as the mid-market exchange rate, is the midpoint between the buying and selling prices of two currencies. It represents the actual value of one currency in terms of another, without any additional fees or markups. The article warns against hidden markups applied by traditional providers, which can result in overpaying for currency conversion.
Wise's Transparent Approach: The article promotes Wise as a currency exchange platform that operates transparently, offering the real exchange rate without hidden fees. Wise positions itself as a cost-effective alternative to banks and traditional providers, highlighting its efficiency in providing customers with a fair exchange rate.
Currency Converter and Tracking Rates: Wise provides a currency converter tool that allows users to convert USD to CAD and track live exchange rates. Users can input the desired amount, choose the currencies, and the converter displays the current rate. Additionally, users can compare rates over various timeframes, such as the past day, week, or month.
Comparison with Competitors: The article suggests comparing Wise's rates and fees with those of competitors to showcase the potential savings. Traditional providers, including banks, are accused of having a "dirty little secret" of adding hidden markups to their exchange rates, resulting in higher costs for customers. Wise's competitive advantage lies in its commitment to offering the real exchange rate and transparent fees.
Currency Pairings and Popular Routes: The article lists top currency pairings involving USD, including USD to KRW, INR, JPY, CAD, EUR, GBP, CNY, and MXN. This information caters to individuals looking to convert their USD to various currencies and emphasizes Wise's efficiency in providing favorable rates across multiple routes.
Conversion Rates: The article provides a detailed table of conversion rates for both USD to CAD and CAD to USD, illustrating how the exchange rate varies with different amounts. This information assists users in understanding the equivalent CAD for varying USD amounts and vice versa.
In conclusion, the article serves as a comprehensive guide for individuals looking to convert USD to CAD, emphasizing the importance of obtaining the real exchange rate and comparing rates with competitors. Wise positions itself as a transparent and cost-effective solution for international money transfers, aiming to save users from hidden fees and markups.
