"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 82.4% of Canada to Ukraine searches, and was the top rated company out of 9 that support CAD to UAH.
So for a great mix of cost, speed & features, make your Canada to Ukraine transfer using Wise.
How to get the best deal on your Canada to Ukraine transfer
Transfer consider from Canada to Ukraine
A comparison of providers offering services between Canada and Ukraine is paramount. Based on your specific transfer amount, the best way to send money to Ukraine could change. Comparing ensures the best price for your needs.
For services allowing you to send Canadian Dollar to Ukraine we've compared 9 providers.
This coverage of the market ensure you will get the best options for your transfer to Ukraine 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 Ukraine.
Cheapest way to send money from Canada to Ukraine: Remitbee
Data collected for transfers between Canada and Ukraine over the past six months shows that Remitbee is 0.4% cheaper than the second-best option.
This cost combines an average exchange rate between the Canadian Dollar and Hryvnia that is 0.7% different to the mid-market rate and an average fee of 0* CAD.
*The most common fee applied to CAD-UAH by Remitbee, based on data from the past six months.
Fastest way to send money from Canada to Ukraine: Wise
Our data shows that Wise came up as the fastest way to send money from Canada to Ukraine in 38.2% of searches. This makes them well suited to urgent CAD to UAH money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Ukraine - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Ukraine from Canada in 38.2% 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 Ukraine, it’s the provider that will keep you safe and relaxed while your money moves into UAH.
Understanding the cost of transferring money to Ukraine from {countryFromName}}
Fees and exchange rates make up the total cost of sending money from Ukraine to Ukraine. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current CAD-UAH mid-market rate is 29.6081 UAH per Canadian Dollar. You will get more Hryvnia for your Canadian Dollars if you find a provider close to this number.
For context, over the last three months the CAD-UAH mid-market rate has had a high of 30.3446, a low of 29.3744 and averaged 29.7958 UAH per Canadian Dollar.
Across the 9 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting CAD to UAH will be the biggest determining factor when working out the cost of transferring Canadian Dollars to Ukraine.
Fees: Transfer fees are charged as part of the transfer. Remitbee at an average of 0 CAD per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Hryvnia eventually received in Ukraine. You can assume that a lower cost of sending from Canada will result in more money received in Ukraine.
How to find the best exchange rate for Canada to Ukraine
Timing is essential for sending money between CAD and UAH. The exchange rate you secure impacts how much UAH you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to UAH has seen some fluctuation. On average, it stood at 29.7958.
During this period, the highest value recorded was 30.3446, while the lowest was 29.3744.
Wise, which is our recommended service to send money online from Canada to Ukraine offers an exchange rate that is only 0.42% above the mid-market rate.
Want to secure the best CAD-Hryvnia 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 Ukraine!
Paying for your Canada to Ukraine money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Ukraine 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 Ukraine.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to UAH.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.