Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 44.7% of Canada to Peru searches, and was the top rated company out of 6 that support CAD to PEN.
So for a great mix of cost, speed & features, make your Canada to Peru transfer using Wise.
How to get the best deal on your Canada to Peru transfer
Important things to consider before sending money from Canada to Peru
Don't settle for the first option. Always compare ways to send money from Canada to Peru to find out about fees, speed, and reliability.
Our analysis included 6 providers that operate between Canada and Peru.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Peru.
Cheapest way to send money to Peru from Canada: XE
Data collected over the past six months shows that XE is 1.5% cheaper than the second-best option.
The $0.73 transfer cost represents the most common fee for CAD to PEN international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Peru transfer, make sure you pick XE to send your money online.
*The most common fee applied to CAD-PEN by XE, based on data from the past six months.
Fastest way to send money from Canada to Peru: PayPal
Our data shows that PayPal came up as the fastest way to send money from Canada to Peru in 31.6% of searches. This makes them well suited to urgent CAD to PEN money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Peru - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, PayPal is your best choice at the moment. This service emerged as the quickest way to send money to Peru from Canada in 31.6% 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 Peru, it’s the provider that will keep you safe and relaxed while your money moves into PEN.
Understanding the costs involved when moving money from Canada to Peru
When calculating the costs of money transfers between Canada and Peru, here's what really matters:
The Mid-Market Rate: Today, the CAD-PEN mid-market rate equals 2.730567 PEN per Canadian Dollar.
The CAD-PEN average exchange rate for the past three months has been 2.7564 PEN per Canadian Dollar, with a high of 2.8733 and a low of 2.6907.
When looking to send money, we'd recommend XE. On average XE 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 PEN.
How to find the best exchange rate for Canada to Peru
Timing is essential for sending money between CAD and PEN. The exchange rate you secure impacts how much PEN you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to PEN has seen some fluctuation. On average, it stood at 2.7564.
During this period, the highest value recorded was 2.8733, while the lowest was 2.6907.
Wise, which is our recommended service to send money online from Canada to Peru offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CAD-Nuevo Sol 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 Peru!
Payment methods available to fund your Canada to Peru transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Peru 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 Peru.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to PEN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.