Currency Converter: Live Currency Exchange Rates Calculator

Editor

Published: Mar 31, 2023, 4:46pm

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations.

Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently. This is very much needed given the extreme volatility in global currencies lately.

Currency Calculator

Our currency conversion calculator converts more than 200 currencies, and the rates are updated every five minutes. Among the currencies available, our calculator converts Mexican pesos, Indian rupees, Russian rubles, Jamaican dollars, and Ghanaian cedi. It also calculates the conversion value of various cryptocurrencies, such as Bitcoin (CAD to BTC) and Dogecoin (CAD to DOGE).

All you have to do is input the amount, your starting currency and your ending currency to get an estimate based on current rates.

Disclaimer: Our currency calculator uses Open Exchange API to gather current exchange rates. We pull new rates every five minutes to ensure that the conversion you see is accurate and up to date. However, the rate you see here may not be the same rate that a bank or other financial institution offers you.

How Does a Currency Conversion Calculator Work?

Our currency conversion calculator uses the current exchange rate to determine how much your money is worth in a different currency. Since this value can fluctuate due to various economic conditions, it’s important to know the current exchange rate before converting your money.

Keep in mind that the conversion provided here doesn’t consider any fees charged by the institution completing the exchange, whether it’s a bank, digital app or travel kiosk.

Live Exchange Rates

How Does Currency Exchange Work?

At a currency exchange, you can convert your cash into money you can use in a different country or region.

Currency exchanges are businesses that trade various currencies. But this service is rarely free. Currency exchange companies make money by charging fees for the convenience of converting your cash. In addition, the value of your currency on the foreign exchange market can influence the value of your money once it’s converted to a new currency.

It’s not as simple as trading one Canadian dollar for its equivalent in Mexican pesos—the current value of each form of currency on the fluctuating foreign exchange market must also be considered.

How to Convert Currency

If you plan to exchange money for personal use, expert travelers will tell you to skip the currency exchange kiosk at the airport—they charge some of the highest fees and often have the worst exchange rates.

Instead, use a debit or credit card with zero foreign transaction fees and select local currency at the register (if you’re given the option).

If you must use cash, make an international withdrawal from an ATM.

If you have a bank account in another country, you can also use an app like Wise to transfer money to yourself for a fee of a few dollars per transaction. Once your transfer is complete, you can withdraw local currency at an ATM.

When Is the Best Time to Exchange Money?

Many factors can impact the value of the currency you’re planning to send or exchange, from economic events to the time of day.

If you’re not in a rush to exchange your currency, check the conversion value on a few different occasions before completing the transaction—you may be able to make your dollar (in whichever currency) go further.

It may also be worth checking currency values during popular currency trading periods. Currency trading overlaps in London and Canada between 8 a.m. and 12 p.m. EST, for example, and currency values can fluctuate a lot during that window. If you’re planning to convert CAD dollars to Euros, you may want to check values during that overlap period.

How to Send Money Online

It’s easier than ever to send money to friends and family internationally, thanks to online tools.

Apps like WorldRemit, Wise and Ria allow you to send money to people internationally, as does PayPal. But keep in mind that this ease can come at a premium. PayPal charges 4% to convert payments on top of the exchange rate. For example, transactions via WorldRemit start at $2.99.

Since the average transaction cost for international transfers is around 7%, these options may be cheaper. Just make sure you fully understand conversion rates and fees before finalizing the transaction.

Read more: Foreign Transaction Fees Vs. Currency Conversion Fees: What’s the Difference?

Next Up: 

CAD (Canadian Dollar) -> EUR (Euro)

If you’re planning on traveling to Europe in the near future, you may want to convert some of your money into euros. This post outlines everything you need to know about converting CAD to EUR, including how to get the best bang for your buck and where you’ll pay the highest fees.

How to Convert Canadian Dollars to Euros

Converting Canadian dollars to euros is a fairly simple process. Typically, there are two ways you can make the conversion.

Use a Currency Calculator

When you’re trying to convert currency, using a currency conversion calculator is a great way to get an estimate. Since exchange rates fluctuate often, using a calculator is a smart way to ensure your math is correct.

Keep in mind that when you actually convert your money, you may be charged fees that a currency calculator doesn’t factor in. For example, credit card processors and ATM networks typically levy a conversion fee equal to 1% of the purchase price. Merchants, such as a currency exchange, typically charge their own fees as well.

How to Buy Euros

When you’re ready to buy Euros, it’s good to plan ahead. Doing so can help you pay the fewest fees. Here are three methods that you can use to cut down on exchange fees:

  • Exchange at your bank before your trip: Exchanging currency at your local bank is likely the most cost-effective way to convert currency. Since you have a relationship with the bank already, it’s more likely to offer you the best rates. The fees you’ll pay will vary depending on the institution and the type of account you have.
  • Use your bank’s ATM while abroad: If you need to make additional withdrawals while you’re overseas, do your best to use your banking institution’s ATM, which may help you avoid added service fees. Most banking apps have an ATM locator feature that will help you find the closest option.
  • Order currency online: If you’d like currency shipped directly to your door, you can use websites like Knightsbridge FX. Make sure you research any online currency ordering service you consider by reading online reviews and checking for fees.

What to Avoid

  • Exchanging currency at the airport:  While exchanging currency at the airport may seem like the most convenient option, it’s often the most expensive. Airport kiosks often have some of the worst exchange rates and charge some of the highest fees.

Next Up: 

CAD (Canadian Dollar) -> CNY (Chinese Yuan)

If you’re planning a trip to China in the near future, you may want to exchange some of your money into renminbi, the country’s official currency.

“Renminbi” and “Yuan,” which is the primary unit of Renminbi, are often used interchangeably. The international symbol for the currency is CNY.

This post has everything you need to know about converting CAD to CNY, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert Canadian Dollars to Renminbi (Yuan)

Fortunately, converting Canadian dollars to renminbi is fairly simple.

Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

How to Buy Renminbi

When you’re ready to buy renminbi, it’s a good idea to plan ahead to ensure that you pay the fewest fees. Here are three ways to get the currency you need while minimizing the fees you’ll be charged:

  • Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank is likely to give you the best exchange rates and charge the lowest fees.
  • Use your bank’s ATM abroad for withdrawals where possible: Similarly, if you need to exchange more money while you’re on your trip, try to find an in-network ATM. For example, HSBC has ATMs in China. Most banking apps have an “ATM locator” feature to help you find the closest option, and using an ATM affiliated with your bank can help you avoid excess fees.
  • Order currency online: If your bank doesn’t offer online shipping, you can also use a third party to get currency delivered to your door. However, be aware of inflated costs with some of these vendors. Knightsbridge FX doesn’t charge for shipping and neither does Canada Post when you order from Canadapost.ca.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport is unquestionably convenient, these kiosks often offer some of the worst exchange rates while charging some of the highest fees.
  • Exchanging currency in a street kiosk: Many Chinese cities offer exchange kiosks that look like ATMs that allow you to exchange currency while on the go. Still, you’ll likely pay a premium to use one of these convenient locations.

Next Up: 

CAD (Canadian Dollars) -> GBP (British Pound Sterling)

If you have a trip to the United Kingdom (England, Northern Ireland, Scotland and Wales) on the books, you may want to convert some of your money into pounds. Here’s what you need to know about converting CAD to GBP, including how to find the best exchange rates and where you’ll be charged the highest fees.

How to Convert Canadian Dollars to Pounds

Luckily, converting Canadian dollars to pounds is fairly straightforward.

Use a Currency Calculator

Since exchange rates change often, using a currency conversion calculator is a great way to ensure you’re getting an accurate estimate. Keep in mind that these calculators don’t account for some of the fees that come along with exchanging funds.

For example, most credit card processing companies and ATM networks will charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge additional fees if you ask them to convert a price into your home currency at checkout.

How to Buy Pounds (GBP)

  • Exchange at a bank or credit union before your trip: Exchanging currency at your local bank or credit union before your trip is likely the most affordable way to get the money you need. Since you have an existing relationship, it’ll offer a competitive exchange rate with the fewest fees.
  • Order currency online: If your home bank doesn’t allow for online orders, you can use a third-party like Knightsbridge FX or Canada Post to have currency shipped to your door. Neither of them charge shipping fees and and you can pick up your currency in-person at any Canada Post location across the country.
  • Use your bank’s ATM abroad for withdrawals where possible: If you need more money while you’re away, try to use an in-network ATM to reduce fees. Most banking apps have a locator you can use to find your nearest option.
  • Visit the post office: In the U.K., most post office branches also have a counter where you can exchange funds. You’ll need to bring a form of identification, such as a passport.

What to Avoid

  • Using the bureau de change at the airport: While it may seem convenient to exchange currency at the airport, this move will cost you. These kiosks often offer the worst exchange rates and charge the highest fees.

Next Up: 

CAD (Canadian Dollars) -> INR (Indian Rupee)

If you’ve got a trip to India coming up, you may want to convert some of your money into rupees before you go. Here’s everything you need to know about how to convert CAD to INR, how to get the best conversion rates and where you’ll pay the highest transaction fees.

How to convert Canadian Dollars to Rupees

Converting Canadian dollars to rupees is a fairly easy process.

Using a currency conversion calculator is the easiest way to get an estimate when you’re ready to exchange your funds. Since currency conversion rates change on a daily basis, a calculator is a great way to ensure that your math is correct.

Keep in mind that converting currency usually comes with fees that a calculator probably won’t account for in its equation. For example, credit card processors and ATM networks typically charge a conversion fee that amounts to 1% of the purchase price. Individual merchants may also charge additional fees if you ask them to convert the price of an item into your home currency.

How to Buy Rupees

If you’re ready to exchange Canadian dollars for rupees, it’s a good idea to plan ahead. Often, exchanging currency before you leave for your trip can help you avoid high fees. Here are three ways to get the job done:

  • Exchange at a bank or credit union before your trip: Exchanging currency at your local bank or credit union is often the most cost-effective method. Since you have an existing relationship, they are likely to offer you the best rates. Plus, you may qualify for certain perks or reviews on your exchange.
  • Use your bank’s ATM abroad for withdrawals where possible: If you need to exchange additional funds while you’re away, try to use an in-network ATM whenever possible. Doing so can help you avoid paying additional fees. Most banking apps come with an “ATM locator” feature to help you find the closest option.
  • Order currency online: If your home bank doesn’t allow for online orders, you can use a third-party like Knightsbridge FX or Canada Post to have currency shipped to your door. Neither of them charge shipping fees and and you can pick up your currency in-person at any Canada Post location across the country.

What to Avoid When Exchanging Currency

Exchanging currency at the airport: While using an airport kiosk to exchange currency may sound convenient, it will cost you. Those kiosks often have some of the worst exchange rates and they charge some of the highest fees.

Next Up: 

CAD (Canadian Dollars) -> USD (U.S. Dollars)

If you’re planning a trip to the United States in the near future, you may want to convert some Canadian dollars to U.S. dollars. Keep reading to learn everything you need to know about converting CAD to USD, including where to get the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert Canadian Dollars to U.S. Dollars

Luckily, converting CAD to USD is pretty simple.

Use a Currency Calculator

When you’re ready to convert currency, using a currency conversion calculator is a smart way to estimate how much you’ll spend. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is accurate.

Keep in mind that exchanging currency often comes with fees attached, which calculators typically don’t include. For instance, most credit card processors and ATM networks typically charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge additional fees if you ask them to convert a purchase price to your home currency at the cash register.

How to Buy U.S. Dollars

Once you’ve done your conversion, the next step is figuring out where to make the exchange. Typically, you can save on fees if you plan ahead and exchange your currency before you get to the United States. Here are three of the most affordable options:

  • Exchange at a bank or credit union before your trip: Visiting your local bank is likely the most cost-effective way to convert currency. Since you already have an existing relationship with them, they’ll give you the best exchange rates and charge you the fewest fees. However, the fees often depend on where you bank and the type of account you have.
  • Use your bank’s ATM abroad for withdrawals where possible: If you need to exchange more currency while out of the country, do your best to find an in-network ATM. Often, you’ll be charged fewer fees for the transaction. For example, Scotiabank, one of Canada’s biggest banks, is a member of the Global ATM Alliance. If your bank is also a member of the alliance (Bank of America is, for example), you can withdraw cash fee-free at a Scotiabank ATM. Most banking apps also have a “ATM locator” feature to help you find your closest option. Some Canadian banks, like TD, also have branches in the U.S., so if you withdraw money from a TD ATM in America and you have a TD account in Canada, you won’t pay ATM fees for withdrawing American dollars.
  • Order currency online: You can also get currency shipped to your door through third-party websites like Knightsbridge FX. Knightsbridge doesn’t charge for delivering U.S. dollars to your door. You can also buy U.S. dollars from Canada Post online and pick up your currency from any Canada Post branch across the country, as well as have the money shipped to your door for free.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport may seem convenient, you’ll pay handsomely for the privilege. Those airport kiosks tend to offer some of the worst exchange rates and charge some of the highest fees.

Next Up: 

CAD (Canadian Dollars) -> PHP (Philippine Peso)

If you plan to visit the Philippines in the near future, you may want to convert CAD to PHP. While most big Philippine cities have a high level of credit card acceptance, experts recommend that you have some emergency cash on hand—especially if you’re traveling to areas outside major towns and cities.

Here’s what you need to know before converting Canadian dollars into Philippine pesos, including how to make the conversion and where you’ll find the best exchange rates.

How to convert Canadian Dollars to Philippine Pesos

There are two ways to calculate approximately how many Philippine pesos you can get for your dollar: You can either use a conversion calculator or convert it by hand. Here’s a closer look at each method.

1. Use a Currency Calculator

Using a currency conversion calculator is a great way to estimate how much money you’ll have to spend on your trip. Since exchange rates change often, using a calculator will help ensure that your conversion is correct.

Keep in mind that exchanging currency typically comes with fees that won’t be factored in by a calculator. For example, most credit card processors and ATM networks charge a 1% conversion fee on all foreign transactions. Individual merchants may also pass along their own fees if you ask them to convert a price into your home currency at the cash register.

2. Calculate It Manually

The other option is to calculate the conversion manually. However, before you can get started, you need to know the current exchange rate. At the time of writing, $1 CAD is equivalent to ₱ 40.12 PHP.

Manual Currency Conversion Example

Say that you have $500 CAD and you want to know how much money you would have for a trip to the Philippines. In that case, your conversion equation would look something like this:

$500 CAD x 40.12 = ₱ 20,060 PHP

How to Buy Philippine Pesos

Exchange at a bank or credit union before your trip: Exchanging money at your local banking center before your trip is likely the most cost-effective way to get the money you need. Since you have an existing relationship with the bank, it’s more likely to give you the best exchange rates. Still, some fees may apply.

Order currency online: If you can’t order online through your bank, you can also have currency delivered to your door by third-party providers like Knightsbridge FX. Just be sure to do your research and to keep an eye out for high fees. Luckily, Knightsbridge FX doesn’t charge for shipping and rolls all fees into their exchange rate.

Use your bank’s ATM abroad for withdrawals where possible: If you have to exchange more money while abroad, your best bet is to find an ATM in your home bank’s network, as that can help you save on fees. For example, HSBC has ATMs in the Philippines. Most banking apps have an “ATM locator” feature that can help you find the closest option.

Look for SM Mall department stores: This popular department store chain in the Philippines has a currency exchange counter inside. However, exchange rates may vary by store. SM Mall suggests calling customer service at (02)8811-0000 beforehand to confirm rates at nearby locations.

What to Avoid

  • Currency exchange at the airport: While waiting to exchange currency at the airport may be convenient, it’s often a costly decision. Currency exchange kiosks often offer some of the worst exchange rates while charging the highest fees.

Next Up: 

CAD (Canadian Dollars) -> RUB (Russian Ruble)

The Canadian government is recommending against traveling to Russia due to its invasion of Ukraine. But if you must go, you may want to learn to convert Canadian dollars to Rubles. This post has all that you need to know about converting CAD to RUB, including where to find the best exchange rates and where you’ll pay the highest fees.

How to convert Canadian Dollars to Rubles

It’s fairly easy to calculate a conversion of Canadian dollars to rubles. You can either use a currency calculator for the equation or do it by hand. Here’s a closer look at each method:

1. Use a Currency Calculator

Using a currency conversion calculator is a smart way to estimate what you’ll get once you’re ready to exchange funds. Since exchange rates change quickly, using a calculator can ensure the information you’re getting is accurate and up-to-date.

Bear in mind that exchanging currency usually comes with fees attached, which will likely not be taken into account by your calculator. For instance, most credit card processors and ATM networks charge a 1% conversion fee on all foreign transactions. Foreign merchants may also impose additional fees if you ask them to convert a price into CAD at checkout.

2. Calculate It Manually

The other option is to do the conversion manually. However, if you’re going to go this route, you’ll need to look up the current exchange rate. At the time of writing, $1 CAD is equivalent to 57.34 RUB.

Manual Currency Conversion Example

Let’s say that you have $500 CAD and you’d like to know how much you’d have to spend if you took a trip to Russia. At the current exchange rate, your conversion equation would look like this:

$500 CAD x 57.34 = 28,670 RUB

How To Buy Rubles

Exchange at a bank or credit union before your trip: Ordering currency from your local banking institution is usually the most cost-effective way to make an exchange. Since you already have a relationship with your bank, they’re likely to give you the best exchange rate and charge you the fewest fees.

Order currency online: If your bank doesn’t allow online orders, you can also exchange currency through third-party providers like Xe. It’s important to make sure that you understand the fees before using these services. For example, Xe charges a 2.99% fee on transfers made from CAD.

Use your bank’s ATM abroad for withdrawals where possible: If you need more money while you’re away, try to use your bank or an in-network ATM to exchange funds. You’ll be charged the fewest fees this way. Plus, most banking apps have an ATM locator feature to help you find your closest option.

What to avoid:

  • Don’t use the exchange kiosk at the airport: While these airport kiosks may sound like an easy option to exchange currency, you’ll often find a better deal elsewhere. They offer some of the worst exchange rates and charge some of the highest fees.
  • Avoid currency exchange offices: In Russia, you’ll often find currency exchange offices located near big attractions and key transit stations. Watch out for high exchange fees at these offices.

Next Up: 

CAD (Canadian Dollar) -> AUD (Australian Dollar)

If you’re planning a trip to Australia in the near future, you may want to exchange some of your money into Australian dollars, the country’s official currency. The international symbol for the currency is AUD.

Australian dollars are unique when compared to other currencies in that the notes are made of polymer and are fully waterproof. Outside of Australia, AUD can be used in the island states of Kiribati, Nauru and Tuvalu.

This post has everything you need to know about converting Canadian dollars to Australian dollars, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert CAD to AUD

Fortunately, converting CAD to AUD is fairly simple. You can either make the conversion using a calculator or you can do it by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a conversion fee of 1% or more on foreign currency transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate it Manually

The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate. At the time of writing, $1 CAD is worth $1.11 AUD.

Once you know that information, multiply the amount you have in CAD by the current exchange rate. The resulting number will show you the amount of Canadian dollars that you have to spend on your trip.

Manual Currency Conversion Example

Let’s say you have $500 Canadian dollars and would like to figure out how much AUD you have for a trip to Australia (before any fees are deducted). Using the current exchange rate, the formula for your conversion would look like this:

$500 CAD x 1.11 = $555 AUD

How to Buy AUD

When you’re ready to buy Australian dollars, it’s a good idea to plan ahead to ensure that you pay the fewest fees. Here are three ways to get the currency you need while minimizing the fees you’ll be charged:

  • Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank is likely to give you the best exchange rates and charge the lowest fees.
  • Use your bank’s ATM abroad for withdrawals where possible: Similarly, if you need to exchange more money while you’re on your trip, try to find an in-network ATM. For example, HSBC has ATMs in Australia with no withdrawal fee. Most banking apps have an “ATM locator” feature to help you find the closest option, and using an ATM affiliated with your bank can help you avoid excess fees.
  • Order currency online: If your bank doesn’t offer online shipping, you can also use a third party to get currency delivered to your door. However, be aware of inflated costs with some of these vendors. You may have to pay an exchange fee, shipping fee, and/or be required to make a significant minimum purchase. Canada Post and Knightsbridge FX don’t charge delivery fees when you order from them online. You can also pick up your currency at any Canada Post branch across the country in-person.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport is unquestionably convenient, these kiosks often offer some of the worst exchange rates while charging some of the highest fees.
  • Currency exchange stores and kiosks: You can find Travelex and other exchange stores throughout Australia, along with currency exchange kiosks that look like ATMs. Still, you’ll likely pay a premium to use one of these convenient locations.

Next Up: 

ZAR (South African Rand) -> CAD (Canadian Dollar)

If you’re planning a trip to the United States in the near future, you may want to exchange some of your money into the United States dollar, the country’s official currency. The international symbol for the currency is USD.

The U.S. dollar is a global reserve currency, which means foreign central banks hold it in their reserves in addition to their own currency. USD is used in about 40% of global trade and nearly 80% of all global cross-border transactions, according to financial services firmSchwab.

This post has everything you need to know about converting South African Rand (ZAR) to USD, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert ZAR to CAD

Calculating a conversion of ZAR to CAD is fairly simple. You can either make the conversion using a currency calculator or by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate it Manually

The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate. At the time of writing, R 1 is worth $0.076 CAD.

Once you know that information, multiply the amount you have in ZAR by the current exchange rate. The resulting number will show you the amount of USD that you have to spend on your trip.

Manual Currency Conversion Example

Let’s say you have R 1,000 and would like to figure out how much dollars you have for a trip to Canada Using the current exchange rate, the formula for your conversion would look like this:

R 1,000 x 0.076 = $76 CAD

How to Buy CAD

When you’re ready to buy CAD, it’s a good idea to plan ahead to ensure that you pay the fewest fees. Here are three ways to get the currency you need while minimizing the fees you’ll be charged:

  • Exchange at Inter Africa Bureau de Change: You can purchase CAD at the Inter Africa Bureau de Change (authorized by the South African Reserve Bank), but you must bring specific documentation to prove the details of your trip. Required documents include a valid passport or South African I.D., proof of address no more than three months old and a copy of your flight ticket to CAD. You can only purchase foreign currency up to 60 days before your departure.
  • Order currency online: You can request CAD online and have it delivered to you or pick up at a local branch. However, be aware of inflated costs with these services. Standard Bank, for instance, advertises that it allows anyone, not just its customers, to order foreign currencies from it. Keep in mind that there are fees, including a 2.3% fee and a R 74.55 administrative fee.
  • Use an ATM abroad for withdrawals: If you need to exchange more money while you’re on your trip, you can do so at an ATM. Be sure to check the fine print with your banking agreement to understand any exchange rate charges and out-of-network charges you may incur during a foreign ATM withdrawal.

If you don’t spend all of your CAD on your trip, you have 30 days upon your re-entry to South Africa to sell it back to an authorized dealer.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport is unquestionably convenient, these kiosks often offer some of the worst exchange rates while charging some of the highest fees.
  • Exchanging currency in a street kiosk: Some major American cities offer exchange kiosks that look like ATMs that allow you to exchange currency while on the go. Still, you’ll likely pay a premium to use one of these convenient locations.

Next Up: 

CNY (Chinese Yuan) -> CAD (Canadian Dollar)

If you’re planning a trip back to Canada, you may want to exchange some of your money into Canadian dollars, the country’s official currency. The international symbol for the currency is CAD.

Wherever you’re headed, travelers should note you’ll have to complete a customs declaration form if you leave China with more than $5,000 in CAD.

This post has everything you need to know about converting CNY or RMB to CAD, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert Yuan to Canadian Dollars

Calculating the conversion of yuan to dollars is fairly simple. You can either make the conversion using a calculator or by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, banks and ATM networks may charge a conversion fee of 1% or more on all foreign transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate it Manually

The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate. At the time of writing, ¥1 CNY is worth $0.20 CAD.

Once you know that information, multiply the amount you have in yuan by the current exchange rate. The resulting number will show you the amount of CAD that you have to spend on your trip.

Manual Currency Conversion Example

Let’s say you have $1,500 CNY and would like to figure out how much CAD you have for a trip to China. Using the current exchange rate, the formula for your conversion would look like this:

¥1,500 CNY x 0.20 = $300 CAD

How to Buy CAD

When you’re ready to buy CAD, it’s a good idea to plan ahead to ensure that you pay the fewest fees. Here are three ways to get the currency you need while minimizing the fees you’ll be charged:

  • Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank is likely to give you the best exchange rates and charge the lowest fees. Just be prepared for long wait times or other delays receiving service, as well as additional costs like fees for shipping or a minimum exchange amount. run
  • Use your bank’s ATM abroad: Similarly, if you need to exchange more money while you’re on your trip, try to find an in-network ATM. For example, some Chinese banks have branches in Toronto and Vancouver. Some banking apps have an “ATM locator” feature to help you find the closest option, and using an ATM affiliated with your bank can help you avoid excess fees.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport is unquestionably convenient, these kiosks often offer some of the worst exchange rates while charging some of the highest fees.
  • Exchanging currency in a street kiosk: Many Canadian cities offer exchange kiosks that look like ATMs. These locations are convenient, often located near hotels or in tourist areas, but you’ll likely pay a premium to use a street kiosk.
  • Black market money exchangers. Before leaving China you may be tempted to buy CAD from someone who sells currency on the streets. Even if the seller offers a good exchange rate, it’s not worth the risk since there’s a high likelihood that the currency is counterfeit.

Next Up: 

CAD (Canadian Dollars) -> THB (Thai Baht)

If you’re planning a trip to Thailand in the near future, you may want to exchange some of your money for baht, the country’s official currency. The international symbol for the currency is THB.

Thailand’s coins and notes usually feature the nation’s current or past king. It’s considered offensive to carry baht in your back pocket or to step on any Thai money, as offending the country’s monarchy is illegal.

Here’s everything you need to know about converting Canadian dollars to baht, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert CAD to THB

Calculating the conversion of Canadian dollars to Thai baht is fairly simple. You can either use a calculator or do it by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate it Manually

The other option is to do the calculation manually using a simple mathematical formula. To do this, you’ll need to know the current exchange rate. At the time of writing, $1 CAD is worth ฿25.25 THB.

Once you know that information, multiply the amount you have in CAD by the current exchange rate. The resulting number will show you the amount of baht that you have to spend on your trip.

Manual Currency Conversion Example

Let’s say you have $800 CAD and would like to figure out how much baht you have for a trip to Thailand. Using the current exchange rate, the formula for your conversion would look like this:

$800 CAD x 25.25 = ฿ 20,200 THB

How to Buy Baht

When you’re ready to buy THB, it’s a good idea to plan ahead to ensure that you pay the fewest fees. Here are three ways to get the currency you need while minimizing the fees you’ll be charged:

  • Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank is likely to give you the best exchange rates and charge the lowest fees.
  • Use your bank’s ATM abroad for withdrawals where possible: If you need to exchange more money while you’re on your trip, try to find an in-network ATM. You’re unlikely to find one of these ATMs outside of main cities. Most banking apps have an “ATM locator” feature to help you find the closest option, and using an ATM affiliated with your bank can help you avoid excess fees. Other ATMs in Thailand can charge up to about $6 for the convenience of withdrawing cash.
  • Order currency online: If your bank doesn’t offer online shipping, you can also use a third party to get currency delivered to your door. However, be aware of inflated costs with some of these vendors. If you’re looking for free delivery, you can order online from Knightsbridge FX or Canada Post. Neither of these outlets charge to bring currency to your door and you can pick-up your order from any Canada Post branch yourself.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport is unquestionably convenient, these kiosks often offer some of the worst exchange rates while charging some of the highest fees. At Bangkok’s international airport, you can compare rates at several currency exchange counters on the basement level.
  • Exchanging currency in a street kiosk: Many cities in Thailand offer exchange kiosks that look like ATMs that allow you to exchange currency while on the go. Still, you’ll likely pay a premium to use one of these convenient locations.

Next Up: 

CAD (Canadian Dollar) -> PKR (Pakistani Rupee)

If you’re planning a trip to Pakistan in the near future, you may want to exchange some of your Canadian dollars into rupee, the country’s official currency. The international symbol for the currency is PKR.

The rupee, issued by the State Bank of Pakistan, is available in denominations of 10, 20, 50, 100, 500, 1,000 and 5,000.

This post has everything you need to know about converting CAD to PKR, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert CAD to PKR

Calculating a conversion of CAD to PKR is fairly simple. You can make the conversion using a calculator or do it by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate it Manually

The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate. At the time of writing, 1 CAD is worth $209.76 PKR.

Once you know that information, multiply the amount you have in CAD by the current exchange rate. The resulting number will show you the amount of rupee that you have to spend on your trip.

Manual Currency Conversion Example

Let’s say you have 600 CAD and would like to figure out how much rupee you have for a trip to Pakistan. Using the current exchange rate, the formula for your conversion would look like this:

600 CAD x 209.76 = 125,856 PKR

How to Buy Pakistani Rupee

When you’re ready to buy rupee, it’s a good idea to plan ahead to ensure that you pay the fewest fees. Here are three ways to get the currency you need while minimizing the fees:

  • Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank is likely to give you the best exchange rates and charge the lowest fees.
  • Use your bank’s ATM abroad for withdrawals where possible: Similarly, if you need to exchange more money while you’re on your trip, try to find an in-network ATM. Most banking apps have an “ATM locator” feature to help you find the closest option, and using an ATM affiliated with your bank can help you avoid excess fees. Keep in mind that it may be tough to find an ATM in Pakistan, as there are fewer than 16,000 active ATMs in a country with nearly 230 million residents.
  • Order currency online: If your bank doesn’t offer online shipping, you can also use a third party to get currency delivered to your door. However, be aware of the costs with some of these vendors. Knightsbridge FX, and Canada Post do order free delivery when you order currency online.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport is convenient, these kiosks often offer some of the worst exchange rates while charging some of the highest fees.
  • Paying with a credit card: Try to pay in cash while you’re in Pakistan rather than with a credit card. Why? Because a credit card issuer might give you a worse foreign exchange rate than a bank.

Next Up: 

CAD (Canadian Dollars) -> JPY (Japanese Yen)

If you’re planning a trip to Japan in the near future, you may want to exchange some of your money for Japanese yen, the country’s official currency. The international symbol for the currency is JPY.

In Japanese culture, five-yen coins are considered lucky. When pronounced aloud, the word for the five-yen coin sounds the same as the word for “destiny” and “opportunity.”

This post has everything you need to know about converting USD to JPY, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert CAD to JPY

Calculating a conversion of Canadian dollars to Japanese yen is fairly simple. You can either make the conversion using a calculator or do it by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate it Manually

The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate. At the time of writing, $1 CAD is worth ¥98.14 JPY.

Once you know that information, multiply the amount you have in CAD by the current exchange rate. The resulting number will show you the amount of yen that you have to spend on your trip.

Manual Currency Conversion Example

Let’s say you have $2,000 CAD and would like to figure out how much yen you have for a trip to Japan. Using the current exchange rate, the formula for your conversion would look like this:

2,000 CAD x 98.14 = ¥196,280 JPY

How to Buy Japanese Yen

When you’re ready to buy Japanese yen, plan ahead to ensure that you pay the fewest fees. Here are three ways to get the currency you need while minimizing the fees you’ll be charged:

  • Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank is likely to give you the best exchange rates and charge the lowest fees.
  • Use a postal service or 7-Eleven ATM: While many American banks do exist in Japan, they mainly service corporate clients. For personal use, you’ll need to go to an ATM at a post office or 7-Eleven convenience store. Just be aware that this option will come with fees—you can expect to pay up to ¥220 on top of any fees your bank charges for using an out-of-network ATM.
  • Order currency online: If your bank doesn’t offer online shipping, you can also use a third party to get currency delivered to your door. However, be aware of inflated costs with some of these vendors. Knightsbridge FX and Canada Post though, don’t charge shipping fees.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport is unquestionably convenient, these kiosks often offer some of the worst exchange rates while charging some of the highest fees.
  • Using traveler’s checks: Traveler’s checks used to be common. However, now that credit cards are widely accepted in Japan, they have fallen out of favor. Not many merchants accept them anymore and they can be hard to exchange.

Next Up: 

ZWL (Zimbabwean Dollar) -> CAD (Canadian Dollar)

If you’re planning a trip to Canada, you may want to exchange some of your Zimbabwean dollars for Canadian dollars, the country’s official currency. The international symbol for the currency is CAD.

The primary currency in Zimbabwe is the Zimbabwean dollar (ZWL), but tourists can transact business using the U.S. dollar at the official exchange rate. However, the exchange rate in Zimbabwe can be unpredictable. In 2022, officials in Zimbabwe made moves to curb depreciation of the Zimbabwean dollar.

This post has everything you need to know about converting ZWL to CAD.

How to Convert ZWL To CAD

Calculating a conversion of ZWL to CAD is fairly simple. You can make the conversion using a calculator or do it by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate It Manually

The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate. At the time of writing, 1 ZWL is worth 0.004.

Once you know that information, multiply the amount you have in USD by the current exchange rate. The resulting number will show you the amount of CAD you have to spend on your trip.

Manual Currency Conversion Example

Let’s say you have 20,000 ZWL and would like to figure out how many Zimbabwean dollars you have for a trip to Canada. Using the current exchange rate, the formula for your conversion would look like this:

20,000 ZWL x $0.004 = $80 CAD.

How To Buy CAD

When you’re ready to buy Canadian dollars, it’s a good idea to familiarize yourself with the rules and limitations:

  • Foreign currency exchanges in Zimbabwe must be done at officially licensed locations, such as banks and exchange bureaus.
  • Zimbabwe is coping with a shortage of cash. Cash withdrawals can be made at some ATMs and bank branches, although there’s no guarantee that cash will be available.

What to Avoid When Exchanging Currency

  • While exchanging currency at an airport is convenient, these kiosks often offer some of the worst exchange rates while charging some of the highest fees.

Next Up: 

MXN (Mexican Peso) -> CAD (Canadian Dollar)

If you’re planning a trip from Mexico back to Canada soon, you may want to exchange some of your money into Canadian dollars, the country’s official currency. The international symbol for the currency is CAD.

This post has everything you need to know about converting MXN to CAD, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert MXN to CAD

Calculating a conversion of pesos to dollars is fairly simple. You can either make the conversion using a calculator or do it by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate it Manually

The other option is to do the calculation manually using a simple mathematical formula. In order to do this, you need to know the current exchange rate. At the time of writing, 1 MXN is worth 0.08 CAD.

Once you know that information, multiply the amount you have in pesos by the current exchange rate. The resulting number will show you the amount of Canadian dollars that you have to spend on your trip.

Manual Currency Conversion Example

Let’s say you have $5,000 MXN and would like to figure out how much in Canadian dollars you have for a trip to the United States. Using the current exchange rate, the formula for your conversion would look like this:

$5,000 MXN x 0.05 = $375 CAD

How to Buy Canadian Dollars

When you’re ready to buy Canadian dollars, it’s a good idea to plan ahead to ensure that you pay the fewest fees. Here are three ways to get the currency you need while minimizing the fees you’ll be charged:

  • Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank is likely to give you the best exchange rates and charge the lowest fees. For example, Santander Bank charges a $10 flat fee if you order less than $150 CAD equivalent. There is no additional fee after the $150.00 is met. Santander does not charge shipping fees.
  • Use your bank’s ATM abroad for withdrawals where possible: Similarly, if you need to exchange more money while you’re on your trip, try to find an in-network ATM. Most banking apps have an “ATM locator” feature to help you find the closest option, and using an ATM affiliated with your bank can help you avoid excess fees.
  • Order currency online: If your bank doesn’t offer online shipping, you can also use a third party to get currency delivered to your door. However, be aware of inflated costs with some of these vendors. Knightsbridge FX is a good alternative because it and Canada Post don’t charge delivery fees at all when you order currency online.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport is unquestionably convenient, these kiosks often offer some of the worst exchange rates while charging some of the highest fees.

Next Up: 

CAD (Canadian Dollar) -> AED (UAE Dirham)

If you’re planning a trip to the United Arab Emirates in the near future, you may want to exchange some of your money into dirham, the country’s official currency. The international symbol for the currency is AED.

Since 1997, the dirham has been pegged to the U.S. dollar. Instead of fluctuating, the conversion is always the same: 1 USD is worth 3.6725 AED.

This post has everything you need to know about converting CAD to AED, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert CAD to AED

Calculating a conversion of Canadian dollars to AED is relatively simple. You can make the conversion using a calculator, or you can do it by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is typically the easiest way to get an estimate when converting currency.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate it Manually

Another option is to do the calculation manually using a simple mathematical formula. You need to know the current exchange rate—in this case, 1 CAD is worth 2.71  AED.

Multiply the amount you have in CAD by the exchange rate. The resulting number will show you the amount of AED you have available to spend on your trip.

Manual Currency Conversion Example

Let’s say you have 1,000 CAD and would like to figure out how many dirhams you have for a trip to the U.A.E. Using the current exchange rate, the formula for your conversion would look like this:

1,000 USD x 2.71 = 2,710 AED

How to Buy AED

When you’re ready to buy dirhams, it’s a good idea to plan to ensure that you pay the fewest and lowest fees. Here are three ways to get the currency you need while minimizing the fees you’ll be charged:

  • Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank will likely give you the best exchange rates and charge the lowest fees.
  • Use your bank’s ATM abroad for withdrawals where possible: If you need to exchange more money while on your trip, try to find an in-network ATM. For example, HSBC has ATMs in the U.A.E. Most banking apps have an “ATM locator” feature to help you find the closest option, and using an ATM affiliated with your bank can help you avoid excess fees.
  • Order currency online: If your bank doesn’t offer online shipping, you can also use a third party to get currency delivered to your door. However, be aware of inflated costs with some of these vendors. However, Knightsbridge FX and Canada Post don’t charge for delivery. You also can pick up your currency order and any Canada Post branch location.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport is unquestionably convenient, these kiosks often offer some of the worst exchange rates while charging some of the highest fees.
  • Exchanging currency in a street kiosk: Most shopping malls, especially those in large cities like Dubai, have at least one currency exchange kiosk usually available during extended mall hours. Still, you’ll likely pay a premium to use one of these convenient locations.

Next Up: 

EUR (Euro) -> CAD (Canadian Dollars)

If you’re planning a trip from Europe to Canada in the near future, you may want to exchange some of your money for Canadian dollars, the country’s official currency. The international symbol for the currency is CAD.

The Canadian dollar is also known colloquially as a “loonie.”

This post has everything you need to know about converting euros to Canadian dollars, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert Euros to Canadian Dollars

Calculating the conversion of euros to Canadian dollars is fairly simple. You can either use a calculator or do it by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate it Manually

The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate. At the time of writing, €1 EUR is worth $1.46 CAD.

Once you know that information, multiply the amount you have in CAD by the current exchange rate. The resulting number will show you the amount in dollars you have to spend on your trip.

Manual Currency Conversion Example

Let’s say you have €1,000 EUR and would like to figure out how many Canadian dollars you have for a trip to the United States. Using the current exchange rate, the formula for your conversion would look like this:

€1,000 EUR x $1.46 = $1,460 CAD

How to Buy Canadian Dollars

When you’re ready to buy Canadian, it’s a good idea to plan ahead to ensure that you pay the fewest fees. Here are three ways to get the currency you need while minimizing the fees you’ll be charged:

  • Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank is likely to give you the best exchange rates and charge the lowest fees. For example, Germany’s Norddeutsche Landesbank charges a fee worth 2% of the payment amount.
  • Use your bank’s ATM abroad for withdrawals where possible: Similarly, if you need to exchange more money while you’re on your trip, try to find an in-network ATM. Most banking apps have an “ATM locator” feature to help you find the closest option, and using an ATM affiliated with your bank can help you avoid excess fees.
  • Order currency online: If your bank doesn’t offer online shipping, you can also use a third party to get currency delivered to your door. However, be aware of added costs with some of these vendors. For instance, Ireland’s No. 1 Currency Exchange advertises that it doesn’t charge an exchange fee. However, you’ll pay €9.95 for shipping on orders worth less than €750.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport is unquestionably convenient, these kiosks often offer some of the worst exchange rates while charging some of the highest fees.

Next Up: 

CAD (Canadian dollars) -> BRL (Brazilian Real)

If you’re planning a trip to Brazil in the near future, you may want to exchange some of your money into Brazilian reais, the country’s official currency. The international symbol for the currency is BRL.

When it comes to terminology, one unit of BRL is called a real (written out as R$1) and the plural is reais. In both cases, the “r” is pronounced like the English letter “h,” so these words may sound like “hey-all” and “hey-eyes” to a non-Portuguese speaker.

This post has everything you need to know about converting CAD to BRL, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert CAD to BRL

Calculating a conversion of dollars to reais is fairly simple. You can either make the conversion using a currency calculator or do it by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate it Manually

The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate. At the time of writing, $1 CAD is worth R$3.75 BRL.

Once you know that information, multiply the amount you have in CAD by the current exchange rate. The resulting number will show you the amount of reais that you have to spend on your trip.

Manual Currency Conversion Example

Let’s say you have $500 CAD and would like to figure out how many reais you have for a trip to Brazil. Using the current exchange rate, the formula for your conversion would look like this:

$500 CAD x $3.75 = R$1,875 BRL

How to Buy BRL

When you’re ready to buy BRL, it’s a good idea to plan ahead to ensure that you pay the fewest fees. Here are three ways to get the currency you need while minimizing the fees you’ll be charged:

  • Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank is likely to give you the best exchange rates and charge the lowest fees.
  • Visit your bank or an in-network ATM for withdrawals where possible: Similarly, if you need to exchange more money while you’re on your trip, try to visit a branch of your bank or find an in-network ATM.  Most banking apps have an “ATM locator” feature to help you find the closest option, and using an ATM affiliated with your bank can help you avoid excess fees.
  • Order currency online: If your bank doesn’t offer online shipping, you can also use a third party to get currency delivered to your door. However, be aware of inflated costs with some of these vendors. Knightsbridge FX is a good alternative however, it doesn’t charge for currency deliveries to your home or office.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: Exchanging currency at the airport is unquestionably convenient. Airports are among the most secure places to exchange money in Brazil and may be one of the few places you can buy reais after hours, but in-airport exchanges often offer some of the worst rates while charging some of the highest fees.
  • Currency exchange kiosks: You may find kiosks that look like ATMs and allow you to exchange money while on the go. These kiosks are often located in tourist areas or shopping centers, but you’ll likely pay a premium to use one of these convenient locations.

Next Up: 

CAD (Canadian Dollar) -> COP (Colombian Peso)

If you’re planning a trip to Colombia in the near future, you may want to exchange some of your money into pesos, the country’s official currency. The international symbol for the currency is COP.

This post has everything you need to know about converting CAD to COP, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert CAD to COP

Calculating a conversion of dollars to pesos is fairly simple. You can either make the conversion using a currency calculator or do it by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate it Manually

The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate.

The value of Colombian pesos can change rapidly, but at the time of writing, $1 CAD is worth $3,444.54 COP.

Once you know that information, multiply the amount you have in USD by the current exchange rate. The resulting number will show you the amount of pesos that you have to spend on your trip.

Manual Currency Conversion Example

Let’s say you have $500 CAD and would like to figure out how many pesos you have for a trip to Colombia. Using the current exchange rate, the formula for your conversion would look like this:

$500 USD x 3,444.54 = $1,722,270 COP

How to Buy COP

When you’re ready to buy Colombian pesos, it’s a good idea to plan ahead to ensure that you pay the fewest fees. Here are three ways to get the currency you need while minimizing the fees you’ll be charged:

  • Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank is likely to give you the best exchange rates and charge the lowest fees.
  • Locate a branch of your bank or a partner bank: Debit and credit cards are widely accepted in Colombia, but if you need cash, you may be able to locate a branch of your bank, or a partner bank. Most banking apps have a “bank locator” feature to help you find the closest option, and going to a branch affiliated with your bank can help you avoid excess fees.
  • Order currency online: If your bank doesn’t offer online shipping, you can also use a third party to get currency delivered to your door. However, be aware of inflated costs with some of these vendors. Knightsbridge FX though, provides a nice alternative, as shipping is free.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport is unquestionably convenient and safe in comparison to street exchanges, these kiosks often offer some of the worst exchange rates while charging some of the highest fees.
  • Transferring money: Money transfers can be an option for getting quick cash in Colombia. Western Union and MoneyGram both offer money transfers and funds can be accessed within a few minutes of the transaction. However, you may have to pay a variety of fees. MoneyGram, for example, charges a $22.49 transfer fee for credit cards, and $9.99 for debit cards when you order $500 CAD worth of pesos for pick-up in Colombia.
  • Withdrawing money at an ATM or kiosk: Some Colombian cities have standalone currency exchange kiosks, and you can also find ATMs that give you access to cash while on the go. For security purposes, it is strongly advised to stick to ATMs located in banks or well-trafficked buildings like shopping centers, rather than on the street. Even then, you may pay a premium to use one of these locations.

Next Up: 

CAD (Canadian Dollar) -> PLN (Polish Zloty)

If you’re planning a trip to Poland in the near future, you may want to exchange some of your money into zloty, the country’s official currency. The international symbol for the currency is PLN.

While Poland is a member of the European Union, the euro is not currently accepted as payment.

This post has everything you need to know about converting CAD to PLN, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert CAD to PLN

Calculating a conversion of dollars to zloty is fairly simple. You can make the conversion using a conversion calculator or do it by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate it Manually

The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate. At the time of writing, $1 CAD is worth zl $3.19 PLN.

Once you know that information, multiply the amount you have in CAD by the current exchange rate. The resulting number will show you the amount of PLN that you have to spend on your trip.

Manual Currency Conversion Example

Let’s say you have $500 CAD and would like to figure out how much zloty you have for a trip to Poland. Using the current exchange rate, the formula for your conversion would look like this:

$500 CAD x 3.19 = zł 1,595 PLN

How to Buy PLN

When you’re ready to buy zloty, it’s a good idea to plan ahead to ensure that you pay the fewest fees. Here are three ways to get the currency you need while minimizing the fees you’ll be charged:

  • Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank is likely to give you the best exchange rates and charge the lowest fees.
  • Use your bank abroad where possible: Debit and credit cards are widely accepted in Poland, but if you need to exchange more money, try to find a branch of your bank or an in-network ATM. Most banking apps have an “locator” feature to help you find the closest option, and visiting a branch or ATM affiliated with your bank can help you avoid excess fees.
  • Order currency online: If your bank doesn’t offer online shipping, you can also use a third party to get currency delivered to your door. However, be aware of inflated costs with some of these vendors. Knightsbridge FX and Canada Post provide relief though, as neither charges delivery on currency ordered online.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport is unquestionably convenient, these kiosks often offer some of the worst exchange rates while charging some of the highest fees.
  • Currency exchange offices: You can find currency exchange offices (or kantors) around Poland that allow you to exchange currency while on the go. Still, you’ll likely pay a premium to use one of these convenient locations.

Next Up: 

If you’re planning a trip to Indonesia in the near future, you may want to exchange some of your money into rupiah, the country’s official currency. The international symbol for the currency is IDR.

If you’re entering Indonesia with more than 100 million IDR (roughly $9,000), you’ll have to declare the currency.

This post has everything you need to know about converting CAD to IDR, including where to secure the best exchange rates and how to avoid paying high fees on your conversion.

How to Convert CAD to IDR

Calculating a conversion from dollars to rupiah is fairly simple. You can either use a currency calculator or do it by hand.

1. Use a Currency Calculator

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.

Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks usually charge a 1% conversion fee on all foreign transactions. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout.

2. Calculate it Manually

The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate. At the time of writing, $1 CAD is worth Rp 11,074.019  IDR.

Once you know that information, multiply the amount you have in USD by the current exchange rate. The resulting number will show you the amount of rupiah that you have to spend on your trip.

Manual Currency Conversion Example

Let’s say you have $1,200 CAD and would like to figure out how much rupiah you have for a trip to Indonesia. Using the current exchange rate, the formula for your conversion would look like this:

$1,200 CAD x 11,074.019  = Rp 13,288,822.80 IDR

How to Buy IDR

When you’re ready to buy IDR, it’s a good idea to plan ahead to ensure that you pay the fewest fees. Here are three ways to get the currency you need while minimizing the fees you’ll be charged:

  • Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank is likely to give you the best exchange rates and charge the lowest fees.
  • Use your bank abroad where possible: If you need to exchange more money while you’re on your trip, try to find a branch of your bank, or a secure, in-network ATM. For example, HSBC both has branches and ATMs located throughout Indonesia. Most banking apps have a “locator” feature to help you find the closest option, and visiting a branch affiliated with your bank can help you avoid excess fees. Bear in mind that remote parts of Indonesia may not have ATMs at all and you should carry cash.
  • Order currency online: If your bank doesn’t offer online shipping, you can also use a third party to get currency delivered to your door. However, be aware of inflated costs with some of these vendors. Luckily, Canada Post and Knightsbridge FX doesn’t charge for delivery.

What to Avoid When Exchanging Currency

  • Exchanging currency at the airport: While exchanging currency at the airport is unquestionably convenient, airport exchanges often offer some of the worst rates while charging some of the highest fees.
  • Withdrawing money at an ATM or kiosk: Stand-alone currency exchange kiosks can give you access to cash while on the go, but it’s best to avoid them in Indonesia. If you do need quick cash, stick to secure ATMs in well-trafficked areas. You may also pay a premium to use one of these convenient locations.

Next Up: 

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