Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 72.2% of Canada to Ethiopia searches, and was the top rated company out of 4 that support CAD to ETB.
So for a great mix of cost, speed & features, make your Canada to Ethiopia transfer using Wise.
How to get the best deal on your Canada to Ethiopia transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Ethiopia.
- Choose a provider
Select the provider that offers you the best value & service for your needs
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- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Canada to Ethiopia
Don't settle for the first option. Always compare ways to send money from Canada to Ethiopia to find out about fees, speed, and reliability.
Our analysis included 4 providers that operate between Canada and Ethiopia.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Ethiopia.
Cheapest way to send money to Ethiopia from Canada: Wise
Data collected over the past six months shows that Wise is 1.5% cheaper than the second-best option.
The $116.34 transfer cost represents the most common fee for CAD to ETB international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Ethiopia transfer, make sure you pick Wise to send your money online.
*The most common fee applied to CAD-ETB by Wise, based on data from the past six months.
Fastest way to send money from Canada to Ethiopia: WorldRemit
Our data shows that WorldRemit came up as the fastest way to send money from Canada to Ethiopia in 33.3% of searches. This makes them well suited to urgent CAD to ETB money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Ethiopia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, WorldRemit is your best choice at the moment. This service emerged as the quickest way to send money to Ethiopia from Canada in 33.3% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send CAD from Canada to Ethiopia, it’s the provider that will keep you safe and relaxed while your money moves into ETB.
Understanding the costs involved when moving money from Canada to Ethiopia
When calculating the costs of money transfers between Canada and Ethiopia, here's what really matters:
The Mid-Market Rate: Today, the CAD-ETB mid-market rate equals 42.149123 ETB per Canadian Dollar.
The CAD-ETB average exchange rate for the past three months has been 41.7028 ETB per Canadian Dollar, with a high of 42.4916 and a low of 40.4294.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CAD to ETB.
How to find the best exchange rate for Canada to Ethiopia
Timing is essential for sending money between CAD and ETB. The exchange rate you secure impacts how much ETB you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to ETB has seen some fluctuation. On average, it stood at 41.7028.
During this period, the highest value recorded was 42.4916, while the lowest was 40.4294.
Wise, which is our recommended service to send money online from Canada to Ethiopia offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CAD-Ethiopian Birr exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Ethiopia!
Payment methods available to fund your Canada to Ethiopia transfer
Bank transfers
Bank transfers are often the default option for sending money from Canada to Ethiopia.
By using a money transfer company such as Wise for transfers from Canada to Ethiopia, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 4 we tested when sending CAD to Ethiopia.
With an average fee of CAD116.38 to send money from Canada to Ethiopia, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Ethiopia with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Canada to Ethiopia, competing among a total of 4 active money transfer companies on this route.
When it comes to credit card transfers from Canada to Ethiopia, Wise emerges as our top choice of the 4 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Ethiopia and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Ethiopia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to ETB.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
