Best companies for QAR/CAD transfers
4 of 4 providers Last updated on 28 October 2026
Based on 50,000 QAR transfer Best companies for QAR/CAD transfers Sort Cheapest
Promoted Xe Pay via Bank transfer	Fee QAR 0.00 1 QAR = 0.3809 CAD +1.05% vs mid-market	Recipient gets $19,045.00 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Canada with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 QAR = 0.3809 CAD $19,045.00You payQAR 50,000.00
Promoted Key Currency Pay via Bank transfer	Fee QAR 0.00 1 QAR = 0.3840 CAD +0.25% vs mid-market	Recipient gets $19,198.33 Minutes - 3 days
4 reviews Personal account managerReceive to bank account
Ways to receive money in Canada with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 QAR = 0.3840 CAD $19,198.33You payQAR 50,000.00
Run a live search Showing top Qatar to Canada deals for 50,000 QAR. Do a live search with your exact amount for today's best rates.
Run a live search Showing companies that send from a business account. Run a business search to get live QAR to CAD rates.
Run a live search These companies offer multi-currency accounts for spending CAD. We suggest doing a live search based on how much QAR you're planning to spend in Canada.
Run a live search These are managed services with real human support for large QAR transfers. Click the link and update the transfer amount to get the best deal.
Exclusive: Special Rate for 1st Transfer Key Currency Pay via Bank transfer	Fee QAR 0.00 1 QAR = 0.3840 CAD +0.25% vs mid-market	Recipient gets $19,198.33 Minutes - 3 days
4 reviews CheapestRecommended Personal account managerReceive to bank account
Ways to receive money in Canada with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 QAR = 0.3840 CAD $19,198.33You payQAR 50,000.00
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee QAR 0.00 1 QAR = 0.3839 CAD +0.27% vs mid-market	Recipient gets $19,194.48 Minutes - 24 hours
9 reviews Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Canada with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 QAR = 0.3839 CAD $19,194.48You payQAR 50,000.00
Xe Pay via Bank transfer	Fee QAR 0.00 1 QAR = 0.3809 CAD +1.05% vs mid-market	Recipient gets $19,045.00 Minutes - 24 hours
4 reviews Fastest Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Canada with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 QAR = 0.3809 CAD $19,045.00You payQAR 50,000.00
Moneycorp Pay via Bank transfer	Fee QAR 0.00 1 QAR = 0.3799 CAD +1.30% vs mid-market	Recipient gets $18,996.25 Minutes - 2 days
0 reviews
Ways to receive money in Canada with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 QAR = 0.3799 CAD $18,996.25You payQAR 50,000.00
How Our Results Work Mid-market rate: 1 QAR = 0.3849 CAD Updates every 60 minutes.

Why compare

QAR/CAD exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Qatar to Canada

Pick a company

I suggest starting with Key Currency which is the cheapest option for sending QAR50,000.

Key Currency was the cheapest on 30 of the 30 days it quoted QAR50,000 transfers to Canada.

Fund your transfer

You have 1 options to pay: bank transfer.

In most cases Himyan will work for deposits, but it's worth double checking with the transfer company.

Verify and send

You'll need your QID to register and to send.

Once you're set up, sending again to the same person takes under a minute, which is the point of registering properly the first time.

QAR/CAD Exchange Rate History

Is today a good time to send money from Qatar to Canada?

The cheapest way to send QAR to CAD can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Key Currency), across 30 days of comparisons for 50,000 QAR transfers to Canada.

Each line shows what the recipient gets when you send QAR 50,000, after fees, as quoted by each company. The mid-market line shows what QAR 50,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more CAD per QAR than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of CAD on every transfer from Qatar.

Right now, Key Currency pays 19,198.33 CAD on 50,000 QAR, which is 48.12 CAD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 19,541.12 CAD.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Canada.

We've tracked 30 comparisons to check how often today's top companies were the cheapest across 1 amounts over the past month.

Key CurrencyAppeared in 30 comparisons
Cheapest every time
Regency FXAppeared in 30 comparisons
Never the cheapest
XeAppeared in 30 comparisons
Never the cheapest

Based on 30 comparisons across 1 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Key Currency is the cheapest and gets you the most CAD, and it was also the cheapest in 100% of the 30 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Canada.

Regency FX (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to Canada.

Ways to send money from Qatar to Canada

There are 4 ways to send money from Qatar to Canada across 4 companies, mostly through broker, online, app, and global account.

Simplest way to send QAR

Digital wallets & apps

Money transfer apps and wallets are best for small and frequent transfers from Qatar to Canada.

It's good for things like monthly payments home, family support, bill payments from abroad, etc.

Xe is the cheapest money transfer app for QAR/CAD transfers.

Sending QAR 50,000 will get you 19,045 CAD in minutes - 24 hours.

That’s including 0 QAR fee and 1.05% markup.

Over the past month, Xe was the cheapest app on 100% of the days it appeared for QAR50,000 transfers.

Wallets like Ooredoo Money aggregate rates from several exchange houses, but it’s not always the cheapest.

For one-off transfers from Qatar

Online transfers

Sending online from Qatar is different from most countries, because many of the big global services simply don't work here.

From the available options, Xe is the cheapest one.

For example, sending QAR 50,000 will get you 19,045 CAD with a QAR 0 fee and 1.05% markup.

In our comparisons over the past month, it was the cheapest online service on 16 of the 30 days it quoted.

However, it’s worth comparing rates to Ooredoo Money to see who offers more CAD.

Holding, spending, and travelling

US Dollar accounts

Alternatively to other options, you can open a US Dollar account.

Since QAR is pegged to USD, it costs almost nothing to convert, and it’s easier to send USD to Canada.

This is especially useful if you're from another country staying in Qatar (as residency plays a big role when signing up to money transfer companies and apps).

For large QAR transfers abroad

Currency brokers

Currency brokers have dedicated account managers to handle your transfer end to end.

This makes it the best option for large QAR transfers. For example, investing abroad, buying property, paying education fees, etc.

For example, Key Currency adds 0.25% markup with no fees.

Our analysis shows Key Currency was the cheapest broker in 100% of all the transfers it quoted.

Ways to fund QAR and receive CAD in Canada

With Key Currency, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending QAR 50,000 gives your recipient 19,198.33 CAD.

You can pay in QAR using bank transfer.

In Canada, the recipient can receive CAD through bank deposit.

1

Bank transfer Bank deposit

You pay QAR50,000.00

CA$19,198

Cheapest

Things to consider when sending money from Qatar to Canada

Qatar's exchange houses handle most personal transfers, while your QID and the provider's own salary-based limits can decide how much you can send online.

Compare QAR/CAD transfer options

For a QAR 50,000 transfer to Canada, I would suggest starting with these:

Cheapest way to send money to Canada

Key Currency is the cheapest when funded by bank transfer with bank deposit for the payout. Your recipient gets 19,198.33 CAD, which is 0.02% more than the next best option.

Fastest way to send money to Canada

Regency FX delivers 19,194.48 CAD in minutes - 24 hours when you pay by bank transfer and withdraw with bank deposit.

Keep your QID current

Your QID is used to open and verify bank, money transfer apps, wallets, and exchange-house accounts.

A company can pause a transfer or restrict the account when the identity record is expired or does not match.

If you are leaving Qatar, arrange the transfer of savings and end-of-service pay while your QID and bank access are still active.

Large or unusual payments may need a salary certificate, bank statement or end-of-service document.

Online and wallet limits often follow the provider's risk checks and the income recorded on your account.

Keep the receipt until the money arrives

Check the recipient's account name and bank details in Canada before paying.

If the transfer is held, contact the company first and ask for a trace rather than sending it again.

Unresolved complaints about a QCB-regulated financial institution can be taken to the QCB Customer Protection Department.

How we analyse the market

Every exchange house and company here is licensed by the Qatar Central Bank.

We track 4 of them on QAR to Canada in real time on live comparisons. Since the riyal is fixed to the dollar, we compare on what arrives in CAD rather than on the fee.

In the past 30 days alone, we analysed 30 comparisons across 1 amounts.

This page covers the cheapest and fastest options for QAR/CAD transfers. This is how we pick them:

Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each goes through our review first.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.

Send money from Qatar

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Send money to Canada

Send money from United States to Canada Send money from Philippines to Canada Send money from Nigeria to Canada Send money from India to Canada Send money from Mexico to Canada Send money from Colombia to Canada Send money from France to Canada Send money from United Kingdom to Canada Send money from Germany to Canada Send money from Australia to Canada Send money from Poland to Canada

Tue, Sep 29, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3892	–	$19,462.50
Key Currency Cheapest	0.3883	QAR 0.00	$19,413.84	−$48.66
Regency FX	0.3882	QAR 0.00	$19,409.95	−$52.55
Xe	0.3845	QAR 0.00	$19,225.00	−$237.50

Wed, Sep 30, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3895	–	$19,472.90
Key Currency Cheapest	0.3885	QAR 0.00	$19,424.22	−$48.68
Regency FX	0.3884	QAR 0.00	$19,420.32	−$52.58
Xe	0.3844	QAR 0.00	$19,220.00	−$252.90

Thu, Oct 1, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3907	–	$19,532.80
Key Currency Cheapest	0.3897	QAR 0.00	$19,483.97	−$48.83
Regency FX	0.3896	QAR 0.00	$19,480.06	−$52.74
Xe	0.3858	QAR 0.00	$19,290.00	−$242.80

Fri, Oct 2, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3903	–	$19,512.55
Key Currency Cheapest	0.3893	QAR 0.00	$19,463.77	−$48.78
Regency FX	0.3892	QAR 0.00	$19,459.87	−$52.68
Xe	0.3855	QAR 0.00	$19,275.00	−$237.55

Sat, Oct 3, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3911	–	$19,553.30
Key Currency Cheapest	0.3901	QAR 0.00	$19,504.42	−$48.88
Regency FX	0.3900	QAR 0.00	$19,500.51	−$52.79
Xe	0.3830	QAR 0.00	$19,150.00	−$403.30

Sun, Oct 4, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3918	–	$19,589.05
Key Currency Cheapest	0.3908	QAR 0.00	$19,540.08	−$48.97
Regency FX	0.3907	QAR 0.00	$19,536.16	−$52.89
Xe	0.3833	QAR 0.00	$19,165.00	−$424.05

Mon, Oct 5, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3915	–	$19,573.85
Key Currency Cheapest	0.3905	QAR 0.00	$19,524.92	−$48.93
Regency FX	0.3904	QAR 0.00	$19,521.00	−$52.85
Xe	0.3864	QAR 0.00	$19,320.00	−$253.85

Tue, Oct 6, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3913	–	$19,563.85
Key Currency Cheapest	0.3903	QAR 0.00	$19,514.94	−$48.91
Regency FX	0.3902	QAR 0.00	$19,511.03	−$52.82
Xe	0.3867	QAR 0.00	$19,335.00	−$228.85

Wed, Oct 7, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3904	–	$19,520.00
Key Currency Cheapest	0.3894	QAR 0.00	$19,471.20	−$48.80
Regency FX	0.3893	QAR 0.00	$19,467.30	−$52.70
Xe	0.3857	QAR 0.00	$19,285.00	−$235.00

Thu, Oct 8, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3911	–	$19,556.00
Key Currency Cheapest	0.3901	QAR 0.00	$19,507.11	−$48.89
Regency FX	0.3901	QAR 0.00	$19,503.20	−$52.80
Xe	0.3859	QAR 0.00	$19,295.00	−$261.00

Fri, Oct 9, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3913	–	$19,563.75
Key Currency Cheapest	0.3903	QAR 0.00	$19,514.84	−$48.91
Regency FX	0.3902	QAR 0.00	$19,510.93	−$52.82
Xe	0.3853	QAR 0.00	$19,265.00	−$298.75

Sat, Oct 10, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3918	–	$19,588.70
Key Currency Cheapest	0.3908	QAR 0.00	$19,539.73	−$48.97
Regency FX	0.3907	QAR 0.00	$19,535.81	−$52.89
Xe	0.3817	QAR 0.00	$19,085.00	−$503.70

Mon, Oct 12, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3903	–	$19,513.45
Key Currency Cheapest	0.3893	QAR 0.00	$19,464.67	−$48.78
Regency FX	0.3892	QAR 0.00	$19,460.76	−$52.69
Xe	0.3864	QAR 0.00	$19,320.00	−$193.45

Tue, Oct 13, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3894	–	$19,468.05
Key Currency Cheapest	0.3884	QAR 0.00	$19,419.38	−$48.67
Regency FX	0.3883	QAR 0.00	$19,415.49	−$52.56
Xe	0.3864	QAR 0.00	$19,320.00	−$148.05

Wed, Oct 14, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3918	–	$19,590.10
Key Currency Cheapest	0.3908	QAR 0.00	$19,541.12	−$48.98
Regency FX	0.3907	QAR 0.00	$19,537.21	−$52.89
Xe	0.3864	QAR 0.00	$19,320.00	−$270.10

Thu, Oct 15, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3897	–	$19,483.90
Key Currency Cheapest	0.3887	QAR 0.00	$19,435.19	−$48.71
Regency FX	0.3886	QAR 0.00	$19,431.29	−$52.61
Xe	0.3847	QAR 0.00	$19,235.00	−$248.90

Fri, Oct 16, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3885	–	$19,425.05
Key Currency Cheapest	0.3875	QAR 0.00	$19,376.49	−$48.56
Regency FX	0.3875	QAR 0.00	$19,372.60	−$52.45
Xe	0.3836	QAR 0.00	$19,180.00	−$245.05

Sat, Oct 17, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3867	–	$19,337.05
Key Currency Cheapest	0.3858	QAR 0.00	$19,288.71	−$48.34
Regency FX	0.3857	QAR 0.00	$19,284.84	−$52.21
Xe	0.3780	QAR 0.00	$18,900.00	−$437.05

Mon, Oct 19, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3843	–	$19,214.70
Key Currency Cheapest	0.3833	QAR 0.00	$19,166.66	−$48.04
Regency FX	0.3833	QAR 0.00	$19,162.82	−$51.88
Xe	0.3820	QAR 0.00	$19,100.00	−$114.70

Tue, Oct 20, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3861	–	$19,305.60
Key Currency Cheapest	0.3851	QAR 0.00	$19,257.34	−$48.26
Regency FX	0.3851	QAR 0.00	$19,253.47	−$52.13
Xe	0.3810	QAR 0.00	$19,050.00	−$255.60

Wed, Oct 21, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3873	–	$19,365.80
Key Currency Cheapest	0.3863	QAR 0.00	$19,317.39	−$48.41
Regency FX	0.3863	QAR 0.00	$19,313.51	−$52.29
Xe	0.3808	QAR 0.00	$19,040.00	−$325.80

Thu, Oct 22, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3845	–	$19,223.15
Key Currency Cheapest	0.3835	QAR 0.00	$19,175.09	−$48.06
Regency FX	0.3834	QAR 0.00	$19,171.25	−$51.90
Xe	0.3799	QAR 0.00	$18,995.00	−$228.15

Fri, Oct 23, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3835	–	$19,175.25
Key Currency Cheapest	0.3825	QAR 0.00	$19,127.31	−$47.94
Regency FX	0.3825	QAR 0.00	$19,123.48	−$51.77
Xe	0.3797	QAR 0.00	$18,985.00	−$190.25

Sat, Oct 24, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3844	–	$19,220.40
Key Currency Cheapest	0.3834	QAR 0.00	$19,172.35	−$48.05
Regency FX	0.3834	QAR 0.00	$19,168.50	−$51.90
Xe	0.3744	QAR 0.00	$18,720.00	−$500.40

Mon, Oct 26, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.3852	–	$19,261.35
Key Currency Cheapest	0.3843	QAR 0.00	$19,213.20	−$48.15
Regency FX	0.3842	QAR 0.00	$19,209.34	−$52.01
Xe	0.3798	QAR 0.00	$18,990.00	−$271.35

How to send money to Canada from Qatar with the best QAR-CAD rate

Best companies for QAR/CAD transfers