Best Canadian Dollar exchange rate

Compare the best Canadian Dollar exchange rate today. Compare providers and get the most value when sending money to Canada.

1000$

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Xe
Exchange Rate
1.347300
Transfer Fee$0
Recipient Gets$1,347.30
HSBC
Exchange Rate1.335785
Transfer Fee$0
Recipient Gets$1,335.78
-11.51 CAD
Bank of America
Exchange Rate1.333588
Transfer Fee$0
Recipient Gets$1,333.58
-13.71 CAD
Wells Fargo
Exchange Rate1.329880
Transfer Fee$0
Recipient Gets$1,329.88
-17.41 CAD
Chase
Exchange Rate1.331940
Transfer Fee$5.00
Recipient Gets$1,325.28
-22.01 CAD
PNC Bank
Exchange Rate1.324113
Transfer Fee$5.00
Recipient Gets$1,317.49
-29.80 CAD
cad

About the Canadian Dollar

The Canadian Dollar (CAD) is widely used in Canada, serving as its official currency and playing a role in global trade and finance. Represented by the currency symbol '$', its exchange rate fluctuates due to factors such as economic conditions, market demand, and interest rates. If you're sending money to Canada, comparing exchange rates across providers can help ensure your recipient gets the most value.

How to get the best currency exchange rate

How to get the best CAD exchange rate

Getting the best CAD exchange rate means staying informed on market trends, comparing providers, and understanding their costs. While exchange rates fluctuate constantly, you can control which provider you choose. Compare various providers to get the best CAD deal today and save more when you transfer to Canada.

Best ways to send money

Best ways to send money to Canada

There are several ways to send money to Canada from abroad, and the best option depends on your priorities—whether it's speed, cost, or convenience. Traditional banks typically offer only wire transfers, which can be slow. Xe provides more flexibility, allowing you to transfer funds via wire transfer, debit/credit card, or bank transfer, depending on your location, the destination, and the transfer amount.

Why transfer with Xe instead of traditional banks?

Better rates

Better rates

We consistently offer bank-beating rates, getting you the most value for your money. Compare us to your bank to see the difference.

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Lower fees

Lower fees

We charge less, so you save more. Plus, we always display all fees before you confirm your transfer, so you know exactly what you're paying for.

Spend less
Faster transfers

Faster transfers

The majority of transfers are completed the same day. We know how important it is that your money gets delivered quickly and reliably.

Send faster
How long does it take to send money to currency

How long does it take to send money to CAD?

Transfer times to Canada vary depending on the provider, payment method, and receiving bank. While traditional bank transfers can take anywhere from 1 to 5 business days, Xe often completes transactions much faster, sometimes within minutes.

How much does it cost to send money to currency

How much does it cost to send money to CAD?

The cost of sending money to Canada depends on factors such as exchange rate margins, transfer fees, and payment methods. Some providers advertise zero transfer fees but compensate by offering weaker exchange rates, while others charge flat fees that can vary depending on the amount sent. We provide conversion values for each provider so that you know you're getting the best deal sending to CAD.

Xe is trusted by millions around the globe

Ready to get started?

You've compared various bank's exchange rates with Xe and it's time to unlock the best value for your international transfers. Your first transfer is just a few clicks away—start now and take your money further!

Frequently asked questions

The best exchange rate for Canadian Dollar is the one that gets your recipient the highest amount after fees. Our comparison tool shows real-time rates and fees across top providers, helping you find the best-value option for your transfer.