Conversion Savings Calculator
See in seconds how much you could save on your next currency exchange compared to a typical Canadian bank. Free, instant, no obligation.
- Illustrative estimate, not a guaranteed saving
- Personalized quote from a dedicated FX dealer
- Registered with FINTRAC, Toronto-based
Get a live FX quote
No obligation. A dealer will confirm your rate.
FINTRAC regulated infrastructure · No obligation
See in seconds how much you could save on your next currency exchange compared to a typical Canadian bank. Free, instant, and no obligation.
How the FX Savings Calculator Works
- Pick your currencies — Choose the currency you're selling and the one you're buying.
- Enter your amount — Input the amount you plan to convert. We instantly estimate your potential savings.
- Get a live quote — Leave your email and a dedicated CurrencyMate dealer follows up with a real rate.
Why bank FX is more expensive than you think
Canadian banks rarely charge a visible fee on currency exchange. Instead, they widen the exchange rate itself, embedding a margin. On a $100,000 conversion, a 2% margin quietly costs about $2,000. Our calculator uses a conservative 2.5% benchmark to illustrate potential savings. Your actual rate is confirmed by a dealer before any trade is booked.
FAQ
How accurate is the savings estimate?
The estimate uses a 2.5% benchmark, which reflects typical Canadian bank FX margins. Actual savings depend on the currency pair, transaction size, and bank compared against.
Is the calculator free to use?
Yes. Both the calculator and the follow-up rate comparison are completely free with no obligation to trade.
Do you work with both businesses and individuals?
Yes. CurrencyMate serves Canadian businesses for corporate FX and risk management and individuals for personal transfers and property purchases.