Forecast Tables & Statistics

For the most up-to-date exchange rates offered by RBC Royal Bank, you’d have to contact your local branch, and then compare current rates to the mid-market rate (using an online currency converter) In fact, RBC openly notes that the exchange rate they offer customers includes a markup - .

RBC is a diversified financial services provider, with operations providing retail banking, commercial banking, investment banking, wealth management, insurance, credit card, global transaction processing, and foreign exchange services. You must look at the website above to see their rates. If you are interested in saving money, you can use a non-bank provider such as Knightsbridge Foreign Exchange to exchange currency.

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We consistently deliver client-focused foreign exchange solutions. An active market maker in spot, forward, swap and option products, we meet our clients’ needs in G10 and emerging market currencies. Our FX strategists deliver timely trade recommendations and forecasts that help clients mitigate FX risk and optimize investment opportunities.

All Canadian banks, including RBC Bank, include a markup, hidden within the exchange rate that you see. This markup can vary in percentage and helps to pay for the costs of providing the service including the customer service representatives, rent, marketing, transfer costs, and much more.

However, since most Canadians exchange currency with the bank that they have a bank account with, the banks use this as a profit centre and want to make profit on currency exchange.

As a result, foreign exchange companies, such as KnightsbridgeFX can offer better exchange rates than the bank by providing a better exchange rate and taking a lesser margin. Compare the exchange rates below to the RBC Bank exchange rates and other bank exchange rates and you will get an idea of the margin. If you are interested in saving money, you can use a non-bank provider such as Knightsbridge Foreign Exchange to exchange currency.

You can obtain live exchange rates from KnightsbridgeFX by calling or simply visit the home page for more details. Savings compared to bank exchange rates can be up to 2.

So call now and compare exchange rates. Privacy Policy Terms and Conditions. To find the better non-cash exchange rates , check here. There are several alternatives to RBC available to you when evaluating where you should conduct your foreign exchange transactions.

If you are looking to make a large transaction, give us a call at to get a comparison quote. The Royal Bank of Canada offers a full complement of financial services, including chequing accounts , savings accounts , student banking , mobile banking , credit cards , mortgages , personal loans , mutual funds , and other investments.

RBC is a diversified financial services provider, with operations providing retail banking, commercial banking, investment banking, wealth management, insurance, credit card, global transaction processing, and foreign exchange services. RBC has operations in Canada, as well as 40 other countries. RBC Exchange Rates Overview RBC offers foreign exchange services for a multitude of currencies, with over 30 currencies being available in their online foreign exchange calculator , and even more being available in cash.

Compare Other RBC Products The Royal Bank of Canada offers a full complement of financial services, including chequing accounts , savings accounts , student banking , mobile banking , credit cards , mortgages , personal loans , mutual funds , and other investments.

Privacy Policy Terms and Conditions. Scotiabank Exchange Rates Overview. TD Exchange Rates Overview. National Bank Exchange Rates Overview.