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Frequently Asked Questions (FAQs) CAD-EUR

Do I have to show any type of document to sell my dollars CAD in exchange for euros? Abrir Respuesta

Usually, if you change dollars CAD to euros at your bank office, they will already know their customers and you will only need to identify yourself as a client of that bank.

When you change dollars CAD to euros at a holiday money supplier´s outlet, at the airport or on the street, you will need to show a valid and current identity card (resident´s ID card (DNI or NIE) or passport in Spain). Have in mind that the driver's license will not be accepted as a valid document when changing dollars CAD to Euros.

Where to change and where not to sell dollars from Canada to euros in Spain Abrir Respuesta

additionally toa foreign exchange margin, and compare on our website the Canadian Dollar to euro exchange rate of the day.

Literally all Spanish banks apply to you a 3% commission, with a minimum (whichever is higher) amount between 6 and 10 euros.

Keep in mind that the lower the amount of dollars from Canada to sell to euros, the higher the impact of this fixed fee on your personal finances.

When is the best time to change Canadian Dollars to euros in Spain? Abrir Respuesta

.Every day of the year the CAD-EUR rates see changes in foerign markets, depending on the vigour of the Canadian Dollar currency against the Euro.

This is why, there is no exclusive moment to change Canadian Dollars with euros. But you have at hand free websites like Cambiator that assist you in comparing all the Canadian Dollars being bought by currency suppliers, the airport and the banks. With these rates you will succeed in selling your Canadian Dollars to euro at the best price of the day.

Is it advisable to make an online reservation of dollars for euros in Spain? Abrir Respuesta

If you want to fix the dollars to euro rate for your trip to Spain, the best thing you can do is make an online reservation on the online store of your preferred travel money provider.

In addition, in this way you avoid the possible fees that some holiday money suppliers in Spain charge you when you change dollars for euros directly in one of their branches.

In Spain if you reserve online on your bank's website or App, you will still be charged their travel money fee of around 2 to 3%, and you will pay at the exchange rates of the day of collection, not those of the day of the online booking.

Is there a maximum quantity of Canadian Dollars that I can sell from an online supplier in Spain when I change Canadian Dollars to euros? Abrir Respuesta

Currency providers in Spain usually limit the maximum amount of foreign currency to be bought from Canadian Dollar to euro to the equivalent in euros to 3,000 to 6,000 euros per calendar quarter.

This is a requirement the antimoney laundering norms. If you want to change a higher amount of Canadian Dollars to Euros, Cambiator recommends to speak directly with the travel money provider.

They might ask from you additional documentation and proof of the source of your Canadian Dollars (identity card, passport, certificate of professional activity, income statements, etc.).

Where can I change Canadian Dollars for euros in Spain today? Abrir Respuesta

In our country you can sell Canadian Dollars for euros fundamentally at currency suppliers or at your bank. As a rule banks apply a fixed commission ranging between 2.5% and 3% with a minimum of 6 to 10 euros for each currency exchange you do with them.

This applies when you obtain travel money or when you change back your surplus to euros. This means that if you convert the equivalent of 100 euros from Canadian Dollars to euros, in addition to the Canadian Dollar to euro exchange rate of the day, you will be charged between 6 and 10 extra euros as commission. Currency suppliers that advertise no commission are more interesting since they do not charge you this fee.

Cambiator ranges the Canadian Dollar to euro exchange prices of the day and sorts them from most to least interesting so that you can choose well where to sell your Canadian Dollars to euros.

How does the Canadian Dollar to euro currency exchange work? Abrir Respuesta

Banks and currency suppliers are retailers that buy from travellers or wholesalers the banknotes they think they will be able to to sell to travellers seekinging to buy dollars at the wholesale exchange rate or the retail rate (interbank exchange rate) and add their profit margin.

They profit from the dollars you sell to them and offer those banknotes to other individuals at their selling price of the day, earning that differene.

E.g, if you want to sell dollars in exchange for euros, you contact your bank or currency supplier and pay the Buy rate of the day they display. That rate already contains a profit for the currency provider.

I have previously exchanged Euros to dollars from Canada, what do I do if I have remaining dollars from Canada when I return to Spain? Abrir Respuesta

All currency providers in Spain dedicate to the purchase and sale of currency. If you get back with dollars from Canada left over upon return to Spain, you only have to enter Cambiator.es and select our Sell your currency tab in the top menu.

After find your town of residence and we will tell you the amount of Euros the different foreign currency suppliers will offer on the day in your city for your leftover dollars from Canada.

Bear in mind that they will just buy you dollars from Canada notes but not loose coins.

Is it safe to sell Canadian Dollars to euros online in Spain? Abrir Respuesta

Selling online Canadian Dollars to euros in Spain is highly secure. Bear in mind that it is done with travel money providers that need to have an authorization from the Spanish Central Bank.

Additionally, these currency suppliers are corporations subject to inspection and can be sanctioned if they fail to comply with the strict legal measures in Spain to indicate with whom they exchange Canadian Dollars to euros.

How can I find the best Canadian Dollar to euro exchange rate today in Spain? Abrir Respuesta

If you wish to change dollars CAD to euros you only have to choose dollars CAD in our currency purchase widget, tab Sell Currency. Next type in the amount you want to sell and select your location so that we can show you the nearest currency exchange store.

Cambiator will sort the results of the different currency providers, ordered from cheaper to more expensive. We will also display the median rate at Spanish high street banks and at the airports (if they offer that currency).

Other popular currencies

Best rate of the day (change currency to euros)

Dollar
1 USD = 0.912 EUR
Pound
1 GBP = 1.14 EUR
Czech Koruna
1 CZK = 0.038 EUR
Turkish Lira
1 TRY = 0.027 EUR
Swedish Krona
1 SEK = 0.073 EUR
Norwegian Krone
1 NOK = 0.07 EUR
Australian Dollar
1 AUD = 0.581 EUR
Canadian Dollar
1 CAD = 0.651 EUR
Brazilian Reals
1 BRL = 0.168 EUR
Colombian Pesos
1 COP = 0 EUR
See all