Course Canadian Dollar
Current average rate CAD
Current rate CAD/PLN:
4,2520
Range:
24 hours
Chart type:
Line chart
Set up a rate notification CAD/PLN
How is the average Canadian dollar exchange rate calculated at the National Bank of Poland?
The National Bank of Poland publishes the average CAD exchange rate as a reference value calculated on the basis of data from the wholesale market. This is useful for billing and analysis purposes, but does not show retail replacement costs. In CAD, transaction offers may differ in the width of the ranges, because the currency is less popular in retail than EUR or USD.
What is the current CAD to PLN exchange rate?
CAD/PLN changes with market conditions and may be presented differently depending on the source. If you are thinking about exchanging, pay attention to the difference between the information rate and the sales rate for a specific offer. In CAD, the spread is more noticeable, so comparing several currency exchange offices or banks gives real savings.
What is the difference between the Canadian dollar exchange rate from the National Bank of Poland and the exchange rate at currency exchange offices?
The exchange rate of the National Bank of Poland is published periodically and constitutes a reference point, and currency exchange offices set purchase and sale rates taking into account the spread. In CAD, retail differences are more likely to result from the availability of the currency and the cost of obtaining it by the institution. In practice, the reference rate does not correspond to the price at which you will buy or sell CAD at any given time.
How to check the current CAD rate online?
To get a full picture, combine the reference rate from the NBP tables with market quotations. If you are planning an exchange, only the comparison of buying and selling rates shows the real cost of the transaction. In CAD, it is worth checking the selling rate directly, because it determines the purchase price of the currency.
What does the Canadian dollar buy and sell rate mean?
The buy rate is for the customer's sale of CAD and the sell rate is for the customer's purchase of CAD. The difference between them is the spread, which can vary between institutions. In the case of CAD, this cost may be felt more for smaller amounts or when the institution updates prices less frequently for less popular currencies.
What does the CAD exchange rate against the Polish zloty depend on?
The quotations are influenced by macroeconomic factors, expectations regarding interest rates and general market sentiment. When it comes to the relationship with PLN, the situation in Poland and the risk assessment in the region are also important. CAD may also respond to changes in the global attitude to risk, which indirectly translates into valuations against PLN.
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