Overall best option: Wise
We tested & reviewed 16 money transfer companies, and Wise came out as one of the easiest options.
Wise appeared in 100% of searches for sending money from Canada to Denmark, and was the top rated company for CAD to DKK transfers.
So for a great mix of cost, speed & features, make your Canada to Denmark transfer using Wise.
How to get the best deal on your Canada to Denmark money transfer
Transfer consider from Canada to Denmark
A comparison of providers offering services between Canada and Denmark is paramount. Based on your specific transfer amount, the best way to send money to Denmark could change. Comparing ensures the best price for your needs.
For services allowing you to send Canadian Dollar to Denmark we've compared 16 providers.
This coverage of the market ensure you will get the best options for your transfer to Denmark from Canada.
Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Canada to Denmark.
Cheapest way to send money from Canada to Denmark: TalkRemit
Our data shows, over the past six months, that TalkRemit is 0.2% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* CAD and a CAD-DKK exchange rate for international transfers that is 0.02% different to the mid-market rate.
Securing the best rates on a CAD to Denmark transfer can be done with TalkRemit but you can always search for your specific amount.
*The most common fee applied by TalkRemit when sending CAD-DKK, based on data from the past six months.
Fastest way to send money from Canada to Denmark: Paysend
Our data shows that Paysend came up as the fastest way to send money from Canada to Denmark in 66.7% of searches. This makes them well suited to urgent CAD to DKK money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Denmark - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Paysend is your best choice at the moment. This service emerged as the quickest way to send money to Denmark from Canada in 66.7% 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 Denmark, it’s the provider that will keep you safe and relaxed while your money moves into DKK.
Understanding the costs involved when moving money from Canada to Denmark
When calculating the costs of money transfers between Canada and Denmark, here's what really matters:
The Mid-Market Rate: Today, the CAD-DKK mid-market rate equals 5.0216 DKK per Canadian Dollar.
The CAD-DKK average exchange rate for the past three months has been 5.0589 DKK per Canadian Dollar, with a high of 5.0919 and a low of 4.9598.
When looking to send money, we'd recommend Wise. On average Wise is -0.01% 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 DKK.
How to find the best exchange rate for Canada to Denmark
Timing is essential for sending money between CAD and DKK. The exchange rate you secure impacts how much DKK you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to DKK has seen some fluctuation. On average, it stood at 5.0589.
During this period, the highest value recorded was 5.0919, while the lowest was 4.9598.
Wise, which is our recommended service to send money online from Canada to Denmark offers an exchange rate that is only -0.01% above the mid-market rate.
Want to secure the best CAD-Danish Krone 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 Denmark!
Payment methods available to fund your Canada to Denmark transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Denmark 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 Denmark.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to DKK.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.