Frequently Asked Questions (FAQs) EUR-CAD

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

The functionning of the euro to Canadian Dollar currency exchange is easy to understand. Foreign currency banknotes are physical goods that circulate around the world. Some currencies, such as the dollar or the pound, are very well distributed, and other currencies not so much.

The more difficult it is to get a currency, the more expensive it will be to acquire it.

If you are willing to obtain Canadian Dollars, it is recommendable to observe prices at the airport, at your bank and at currency provider (some suppliers deliver the Canadian Dollars to your home).

Is it safe to buy online dollars CAD in Spain? Abrir Respuesta

In places like the the USA or the UK, it is customary to order foreign currency online. The user that needs to obtain dollars CAD will go to a travel money website like Cambiator or directly to a foreign currency supplier and order online dollars CAD or any other currency she/he wants to order. These will be secure websites (https), where you pay securely with your card and receive your purchase at home.

In addition, an alternative is to book online your dollars CAD and collect and pay for them at the till at the chosen supplier store.

Where can I purchase dollars CAD in Spain? Abrir Respuesta

If you believed that your bank or the airport were the sole places to buy dollars CAD on this day, please, in the first place compare prices in the different currency suppliers that we compared for you above.

You can see that for the same euros, you will acquire more dollars CAD depending on the provider you select and you can spend the savings on other leisure activities for your trip (coffees, souvenirs, transportation, etc.).

How can I get the best euro to Canadian Dollar exchange rate today? Abrir Respuesta

To find out the best euro to Canadian Dollar exchange rate, we advise you do a simulation on Cambiator.

You will find out that a column appears in the result page that claims EUR-CAD exchange today.

Then look at the amount below for each currency supplier. With reference to banks, we display an average rate, nevertheless bear in mind that virtually all of them in Spain apply, in addition to the price, a commission of 2.5 to 3per cent normally, with a minimum of between 6 to 10 €.

The exchange rate you see is known as direct exchange euro to Canadian Dollar and the higher that number is, the more dollars from Canada you will get for each Euro you change. Cambiator compares the exchange prices daily so that you get the best currency exchange every day when you order dollars from Canada.

Is it recommendable to make an online purchase or reservation of Canadian Dollars in Spain? Abrir Respuesta

No doubt. Cambiator has been analyzing the Spanish market for currency suppliers and banks for over 5 years and has come to the conclusion that, depending on the currency you need, some currencies are easy to find but other exotic ones are not.

Normally the euro to Canadian Dollar price is more interesting if you order them online home delivery or collect in store than if you go directly to the currency provider branch.

I have changed Euros to Canadian Dollars, what can I do if I have leftover Canadian Dollars on my way back from a holiday? Abrir Respuesta

qualifies fora buyback right. This means the right to give back a % of the Canadian Dollars of the primary purchase at no cost.

If you do not qualify for buyback, head to our Sell your currency tab, fill in the Canadian Dollar amount you did not spend (banknotes only, not loose coins) and select your city. Cambiator will display the total Euros the different travel money suppliers will offer on the day in your city for your remaining Canadian Dollars.

Where to obtain and where not to purchase dollars from Canada in Spain Abrir Respuesta

Cambiator does not recommend buying dollars from Canada at the Spanish airports. This should be your last alternative, as it is the least cheap.

We also do not recommend changing your dollars from Canada in a Spanish bank since practically all banks in Spain impose on you a 3% fee, with a minimum (whichever is higher) quantity of 6 to 10 euros. Unless you have the power to negotiate with them that they do not charge you the commission.

Is there a limit to the amount of dollars CAD that I can acquire from an online supplier in Spain? Abrir Respuesta

The median quantity of the average tourist who orders dollars CAD with Euros is around 700 euros, which is an amount that falls within the limits of the holiday money providers that operate with tourists in Spain.

The higher the amount of dollars CAD to order, the larger the possibility you will be required to prove your business activity data in addition to your passport or ID card.

When is the best time to order Canadian Dollars? Abrir Respuesta

As the rates of currencies vary continuously with respect to each other, there is no best time to buy foreign currency (in this case Canadian Dollars).

It is advisable to understand how the economy of the country whose currency you are interested in evolves. Generally, when the country´s economy is tough, its currency tends to depreciate with respect to the others. This means that for the same euros you will obtain more Canadian Dollars.

Cambiator displays the sell price of Canadian Dollars, sorted from cheapest to least, to help you choose where to buy Canadian Dollars.

Do I need to carry with me any type of document to acquire dollars CAD? Abrir Respuesta

Absolutely. According to the antimoney laundering norms, the Spanish currency providers will ask you when you exchange travel money a valid and current ID card. If you order dollars CAD at least they will ask you for your passport or resident´s identity card called DNI or NIE.