How to Avoid Ridiculous Currency Exchange Fees in Canada
Foreign-currency charges in Canada: the exchange rate plus the conversion charge, how to compare an offered rate, and the checks to run before you pay.
Free tool · Canada · Bank of Canada daily rates
Today's Canadian dollar exchange rates
The Bank of Canada's daily average rate for six currencies in Canadian dollars, the latest column dated November 13, 2026, beside the average of the daily rates published in the 30 calendar days ending that date, with a converter that turns a foreign amount into Canadian dollars at the latest rate, plus a per-bank section quoting what four major banks charge, captured in a live browser on November 4–5, 2026. Every rate below is a dated snapshot, not a live feed.
Bank of Canada rates last checked: November 13, 2026. Bank rates captured November 4–5, 2026 — rechecked each business day.
How to read this table
Each rate is Canadian dollars per one unit of the foreign currency, except the yen, which is shown per one yen with a per-100-yen figure beside it. The 30-day average is the mean of the daily rates the Bank of Canada published in the 30 calendar days ending November 13, 2026, which covers 21 business days. The difference column is arithmetic only: the latest rate minus the average, with the percentage change beside it. It says nothing about where a rate goes next, and it is not a reason to convert or to wait. Every rate cell links to the Bank of Canada daily exchange rates page, so you can check the current table yourself.
| Currency | Latest rate, November 13, 2026 | 30-day average | Difference (latest minus average) |
|---|---|---|---|
| US dollar (USD) | C$1.4257 | C$1.4070 | +C$0.0187 (+1.33%) |
| Euro (EUR) | C$1.5734 | C$1.5731 | +C$0.0003 (+0.02%) |
| UK pound sterling (GBP) | C$1.8848 | C$1.8795 | +C$0.0053 (+0.28%) |
| Australian dollar (AUD) | C$0.9668 | C$0.9799 | −C$0.0131 (−1.34%) |
| Swiss franc (CHF) | C$1.7000 | C$1.7058 | −C$0.0058 (−0.34%) |
| Japanese yen (JPY) | C$0.008920 per yen (C$0.8920 per 100 yen) | C$0.008899 per yen | +C$0.000021 (+0.24%) |
The Bank of Canada table is a reference, not a buy or sell quote. The rate your bank or card charges will differ from the rate above by its own spread and any conversion fee, so the converter result below is not the amount that will leave your account. For how those charges stack on a card, a bank account, or a cash exchange, see the related guides below.
Convert a foreign amount at the latest rate
What each major bank charges — quoted rates, captured November 4–5, 2026
Each bank below quotes its own buy and sell rates for six currencies, read from the bank's own page in a live browser on November 4–5, 2026. Every figure carries the date and time the bank's page itself stated, or "time not stated" where the page states none. The rates change through the day, and the only figure that binds you is the one quoted at transaction time. Banks are listed alphabetically. Nothing here ranks them, and no gap to the Bank of Canada reference is shown: the reference is not a buy or sell quote, so a comparison would mislead.
Buy and sell, in plain words. When a bank says "we will sell to you," that is the Canadian-dollar price you pay the bank to receive foreign currency. When it says "we will buy from you," that is the Canadian dollars the bank pays you for your foreign currency. The two are never the same figure: the gap between them is part of what the exchange costs you. Do not compare one bank's sell figure with another bank's buy figure.
Cash is not non-cash. Cash means banknotes, handled over the counter. Non-cash means electronic funds, such as wires, drafts, and account-to-account transfers. Cash rates are worse than non-cash rates at the banks that distinguish them, because banknotes cost more to acquire, store, and move. A cash figure and a non-cash figure for the same currency are different products — never compare them as if they were one rate.
BMO — cash only
Cash rates against Canadian dollars, for over-the-counter cash exchanges only, for information purposes only, subject to change at any time, guaranteed only at the time a purchase or sale is conducted. Captured November 5, 2026 — time not stated. Rates are updated once daily. No non-cash table is published on this page, so no BMO figure here is ever comparable with a non-cash rate. Source: BMO, "Foreign Exchange Rates".
| Currency | We will buy from you | We will sell to you |
|---|---|---|
| US dollar (USD) | C$1.3588 | C$1.4204 |
| Euro (EUR) | C$1.5292 | C$1.6131 |
| UK pound sterling (GBP) | C$1.8224 | C$1.9350 |
| Australian dollar (AUD) | C$0.9479 | C$1.0044 |
| Swiss franc (CHF) | C$1.6635 | C$1.7550 |
| Japanese yen (JPY) | C$0.008566 per yen | C$0.009158 per yen |
CIBC — no public rate page
No public rate page was found. CIBC's own pages direct you to sign in to Online or Mobile Banking to order foreign cash and confirm the rate, or to call 1-800-465-2422 for current rates. No CIBC figure is quoted here, from any source.
RBC — non-cash
Non-cash rates from RBC's foreign-exchange calculator, covering over 30 currencies. Rates are current as of November 4, 2026 — time not stated. RBC's own wording: rates are for information purposes only, may not reflect market rates at the time of inquiry, are subject to change at a moment's notice, and can only be guaranteed at the time the purchase or sale is conducted. Cash transactions are available to RBC clients only, and cash rates are less favourable than non-cash rates because they include shipping and handling charges. The calculator was run with 1,000-unit entries in each direction: 1,000 Canadian dollars into foreign currency gives the sell rate, and 1,000 units of foreign currency into Canadian dollars gives the buy rate. Source: RBC, "Foreign Exchange Currency Converter".
| Currency | Bank buys from you | Bank sells to you |
|---|---|---|
| US dollar (USD) | C$1.35230 | C$1.42620 |
| Euro (EUR) | C$1.52320 | C$1.61970 |
| UK pound sterling (GBP) | C$1.84280 | C$1.94050 |
| Australian dollar (AUD) | C$0.95000 | C$1.05263 |
| Swiss franc (CHF) | C$1.66600 | C$1.75860 |
| Japanese yen (JPY) | C$0.008566 per yen | C$0.009078 per yen |
Scotiabank — non-cash
Non-cash rates from Scotiabank's public rate page, applying to non-cash transactions up to $9,999, for information purposes only and subject to change at any time, guaranteed only at the time the purchase or sale is conducted. Effective November 4, 2026 — no time shown. Scotiabank's own page warns that rates change through the day and the change may not be represented on the site in real time. Read the labels carefully: the page names its columns for the person exchanging, so "Client Buys" is the bank selling and "Client Sells" is the bank buying. The figures below are already converted to the bank's buy and sell, so they line up with the other banks. Source: Scotiabank, "Foreign Currency Exchange Rates".
| Currency | Bank buys from you | Bank sells to you |
|---|---|---|
| US dollar (USD) | C$1.353000 | C$1.430000 |
| Euro (EUR) | C$1.512800 | C$1.623500 |
| UK pound sterling (GBP) | C$1.812600 | C$1.944800 |
| Australian dollar (AUD) | C$0.943000 | C$1.009400 |
| Swiss franc (CHF) | C$1.651700 | C$1.762900 |
| Japanese yen (JPY) | C$0.008465 per yen | C$0.009126 per yen |
TD — non-cash
Non-cash rates from TD's currency converter, Non-Cash tab, covering over 50 currencies. Every conversion below is stamped Thu Nov 5 2026 1:15 AM Eastern Standard Time, as shown on the converter. The converter was run with 1,000-unit entries in each direction. Cash ordering is available through the TD app, EasyWeb, branches, Foreign Exchange Centres, or by phone at 1-866-222-3456. Source: TD, "Currency Converter".
| Currency | Bank buys from you | Bank sells to you |
|---|---|---|
| US dollar (USD) | C$1.3545 | C$1.4336 |
| Euro (EUR) | C$1.5207 | C$1.6183 |
| UK pound sterling (GBP) | C$1.8339 | C$1.9361 |
| Australian dollar (AUD) | C$0.9480 | C$1.0086 |
| Swiss franc (CHF) | C$1.6739 | C$1.7520 |
| Japanese yen (JPY) | C$0.0085 per yen | C$0.0092 per yen |
TD shows yen to four decimals: buy C$0.0085 and sell C$0.0092 as displayed. The converter's own 1,000-Canadian-dollar conversion implies about C$0.009165 per yen, which rounds to the displayed C$0.0092.
Two rules apply to every figure above. First, the rate that binds you is the one quoted at transaction time, not any figure on this page or on a bank's page from an earlier day. Second, bank rates are retail rates: the bank's markup is embedded in the rate itself, on top of any separately stated fee, and it differs by channel — cash, non-cash, and card rates for the same currency are three different prices.
What this page does not do
This page states no view on whether a rate will rise or fall, no best day to convert, and no recommendation of any bank, card, or exchange service. A rate below its 30-day average is not a bargain, and a rate above it is not a warning: the average is a backward-looking arithmetic figure, and the rate your provider charges is set separately from the Bank of Canada table. If a currency you need is not in the table, check it on the Bank of Canada daily exchange rates page linked above rather than estimating it from another currency here. Bank rates are retail rates with the markup embedded, and they differ by channel, so a bank's rate is never directly comparable with the Bank of Canada reference above. Bank rates are quoted at transaction time: they move intraday at TD and through the day at RBC and Scotiabank, and BMO updates once daily, so a bank figure here is a dated snapshot, never the rate you will be charged.
Sources and how each rate was checked
Sources: Bank of Canada, "Daily exchange rates" — the daily average rates and the November 12, 2026 column; Bank of Canada Valet series FXUSDCAD, FXEURCAD, FXGBPCAD, FXAUDCAD, FXCHFCAD, and FXJPYCAD — the daily observations behind the table and the 30-day averages, each series described by the Bank of Canada as the daily average rate in Canadian dollars per unit of the currency, business daily. The yen series is per one yen, not per 100 yen, so the per-100-yen figure above is the per-yen rate times 100. The 30-day average covers the 30 calendar days ending November 12, 2026, which holds 21 business-day observations (the Bank publishes no rate on November 11, a federal holiday). Every figure above was read from the Bank of Canada on November 12, 2026, never copied from a comparison site. This page is rechecked each business day, and any rate change ships as a dated correction, never a silent edit.
Bank rates, captured November 4–5, 2026 (live browser): BMO, "Foreign Exchange Rates" — cash-only table, buy and sell columns, over-the-counter cash only, captured November 5, 2026, time not stated; RBC, "Foreign Exchange Currency Converter" — non-cash calculator run with 1,000-unit entries in each direction, rates current as of November 4, 2026, time not stated; Scotiabank, "Foreign Currency Exchange Rates" — non-cash table up to $9,999, effective November 4, 2026, no time shown, client-side labels converted to the bank's buy and sell; TD, "Currency Converter" — non-cash converter run with 1,000-unit entries in each direction, every conversion stamped Thu Nov 5 2026 1:15 AM Eastern Standard Time. Each bank's own page was operated in a live browser so its JavaScript calculator or table could render; no figure was taken from a comparison site. The RBC rate-list page was not used: it loaded with headings but zero currency rows. CIBC publishes no public rate page: its own pages direct readers to sign in or call. The daily recheck re-reads each bank page as well as the Bank of Canada series; a bank row whose page stops resolving drops to a note, never to a guessed figure.
Next step: read the full step-by-step guide: How to Avoid Ridiculous Currency Exchange Fees in Canada