Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Canada to Hungary searches, and was the top rated company out of 17 that support CAD to HUF.
So for a great mix of cost, speed & features, make your Canada to Hungary transfer using Wise.
How to get the best deal on sending money from Canada to Hungary
- 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 Hungary.
- Choose a provider
Select the provider that offers you the best value on buying HUF & 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 Hungary
Don't settle for the first option. Always compare ways to send money from Canada to Hungary to find out about fees, speed, and reliability.
Our analysis included 17 providers that operate between Canada and Hungary.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Hungary.
Cheapest way to send money from Canada to Hungary: Dahabshiil
On average, Dahabshiil fees were 0* CAD per transfer and customers would expect an exchange rate between CAD-HUF that is 0.25% different to the mid-market rate
Against the others tested, Dahabshiil is 0% cheaper than the second-best option.
To secure a cheap way to transfer CAD to Hungary, Dahabshiil is our recommendation.
*The most common fee applied to CAD-HUF by Dahabshiil, based on data from the past six months.
Fastest way to send money from Canada to Hungary: Paysend
Our data shows that Paysend came up as the fastest way to send money from Canada to Hungary in 70% of searches. This makes them well suited to urgent CAD to HUF money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Hungary - 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 Hungary from Canada in 70% of the searches on MoneyTransfers.com over the past six months.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 17 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Forint to Forint.
As such, opt for Wise for sending large sums of money to Hungary from Canada.
Understanding the cost of money transfers from Canada to Hungary
The total cost of sending money to Hungary from Canada is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for CAD-HUF is 274.1747 HUF per Canadian Dollar.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Forint for your Canadian Dollars.
Over the last three months, the average CAD-HUF mid-market rate has seen each Canadian Dollar worth 262.5272 HUF. Within this we see a high of 269.4088, and a low of 259.845.
Of the 17 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting CAD to HUF.
Fees: When sending money you may have to pay fees. Dahabshiil has had an average fee of 0 CAD per transfer over the last 6 months, the lowest of the 17 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of Forint eventually received in Hungary.
This number should be a guide for your decision if cost is important. A higher amount of money received in Hungary means a better overall cost of sending money from Canada.
How to find the best exchange rate for Canada to Hungary
Timing is essential for sending money between CAD and HUF. The exchange rate you secure impacts how much HUF you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to HUF has seen some fluctuation. On average, it stood at 262.5272.
During this period, the highest value recorded was 269.4088, while the lowest was 259.845.
Wise, which is our recommended service to send money online from Canada to Hungary offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best CAD-Forint 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 Hungary!
Payment methods available to fund your Canada to Hungary transfer
Bank transfers
Bank transfers are often the default option for sending money from Canada to Hungary.
By using a money transfer company such as Dahabshiil for transfers from Canada to Hungary, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Dahabshiil is the cheapest provider for bank transfers from the 17 we tested when sending CAD to Hungary.
With an average fee of CAD0 to send money from Canada to Hungary, Dahabshiil offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Hungary 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 Hungary, competing among a total of 17 active money transfer companies on this route.
Credit card
When it comes to credit card transfers from Canada to Hungary, Xe emerges as our top choice of the 17 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 Hungary 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 Hungary.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to HUF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
