Compare Saudi Arabia Riyal to Canada Dollar For Sending Money to Canada from USA

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
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More Available Options

You can check rates of some more providers that may support your country
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

About USD and CAD

The good business relationship between US and Canada has significantly contributed to the establishment of various US to Canada cash transfer services. Whether you are an immigrant or you need to purchase property in Canada from the US, the transaction can take as short as a couple of seconds. With over 80% of Canadians receiving money from US annually, it is safe to say that it is easy to send money from US to Canada.

Best way to send money from US to Canada

There are so many options to go with if you want to transfer money from US to Canada. Some of the best options you may want to consider include;

  1. Online Money transfer

    Technology has become an important player in the cash transfer industry and today, online money transfer from US to Canada is widely preferred. Some online money transfer companies that we have tested and proved to be worth your time and money include Transfer Wise, World Remit, OFX and XE Money Transfers.

  2. Direct bank transfer

    There are several Canadian banks in the US like CIBC US and this is good news more if you plan to remit lots of money regularly. If you are sending money to Canada from US via the same bank it takes a shorter time and the rates are also fair.

  3. Post office services

    There are some post offices that have a special agreement with money transfer companies that allow you to send or pick your money from the post office. Other similar services include Western Union.

What to consider when you want to send money from US to Canada

There are several factors that come into play if you want to send money from US to Canada and they include;

  • USD to CAD exchange rate
  • How long until the transfer in complete
  • How much money you want to send
  • If the receiver is comfortable with the channel you select

Fastest way to send money from US to Canada

Sending money to Canada from US can take a few seconds if you choose any of the online or bank transfer services that can offer fast transfers. You don’t need to worry about how much work you need to do before you can identify a prompt service because at Exchange Rate IQ, we get everything done for you as far as converting USD to CAD is concerned.

It is however important to point out that prompt cash transfer services to Canada from US fast usually come at an extra cost. You will get to pay less for the service if you are comfortable with the payment taking on or more days to be delivered.

FAQ's

What is the shortest time for sending money to Canada from US?

It can take upto a few minutes to transfer money from US to Canada but it all depends on the transfer option that you opt for. Some come at a high cost while others will favor you depending on how much you want to transfer.

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What is the cost for sending money from US to Canada?

There is no fixed rate for sending money to Canada from US since different transfer companies charge different rates. It is also good to know that the USD and CAD exchange rates are always fluctuating and this also can affect the cost of transfer.

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When is the best time to send money to Canada from US?

The best time to convert USD to CAD is when the USD is doing better in the market than the CAD. that way, your USD will be worth more in Canada hence things will be cheap.

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Historical Mid Market Exchange Rate From Saudi Arabia Riyal (SAR) to Canada Dollar (CAD) (Weekly)

Current Exchange Rate(Mid Market) :- 0.36 CAD/SAR

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion SAR To CAD

Send Saudi Arabia Riyal To CANADA Receive Canada Dollar
1 SAR TO CAD 0.36
50 SAR TO CAD 18
100 SAR TO CAD 36
250 SAR TO CAD 90
500 SAR TO CAD 180
1000 SAR TO CAD 360
5000 SAR TO CAD 1800
10000 SAR TO CAD 3600
Send Canada Dollar Receive Saudi Arabia Riyal From CANADA
1 CAD FROM SAR 2.78
50 CAD FROM SAR 138.89
100 CAD FROM SAR 277.78
250 CAD FROM SAR 694.44
500 CAD FROM SAR 1388.89
1000 CAD FROM SAR 2777.78
5000 CAD FROM SAR 13888.89
10000 CAD FROM SAR 27777.78

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