Example: Using Xoom to send $500 from Canada around the globe
As of March 25, 2022, here are the exchange rates and transfer fees for sending $500 from Canada to bank accounts in various destination countries using Xoom.
These were Xoom’s exchange rates for sending $500 to various countries when we check on March 26, 2022. Bear in mind that exchange rates change all the time, so the rate you will get could be different.
Destination country | Currency | Midmarket rate | Xoom exchange rate | Margin | Fees (CAD) |
---|---|---|---|---|---|
India | INR | 61.1190 | 60.4550 | 1.09% | $0-$10.99 |
Philippines | PHP | 41.7742 | 40.7015 | 2.57% | $0-$10.99 |
China | CNY | 5.1015 | 4.9354 | 3.26% | $4.99-$10.99 |
United Kingdom | GBP | 0.6075 | 0.5945 | 2.14% | $2.99-$10.99 |
Mexico | MXN | 16.0551 | 15.7130 | 2.13% | $0-$10.99 |
European Union | EUR | 0.7307 | 0.7152 | 2.12% | $2.99-$10.99 |