Send money overseas with WorldRemit to take advantage of bank-beating exchange rates

Compare today's CAD to YER (Canadian Dollar to Yemeni Rial) exchange rates

Canada
Yemen
CAD
Interbank Exchange Rate: 1 CAD = 170.4762 YER
Updated about an hour ago

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All you need to know about Canadian Dollar to Yemeni Rial money transfers

Easily compare money transfer providers in one place to send money from Canada to Yemen. Send money overseas to your loved ones by comparing Canadian Dollar (CAD) to Yemeni Rial (YER) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

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Latest CAD to YER Conversion Rates

Here are some latest CAD to YER (Canadian Dollar to Yemeni Rial) exchange rates for popular conversion amounts*.

1 CAD170.48 YER
5 CAD852.38 YER
10 CAD1,704.76 YER
25 CAD4,261.91 YER
50 CAD8,523.81 YER
100 CAD17,047.62 YER
150 CAD25,571.43 YER
200 CAD34,095.24 YER
250 CAD42,619.05 YER
300 CAD51,142.86 YER
400 CAD68,190.48 YER
500 CAD85,238.10 YER
600 CAD102,285.72 YER
700 CAD119,333.34 YER
800 CAD136,380.96 YER
1,000 CAD170,476.20 YER
1,500 CAD255,714.30 YER
2,000 CAD340,952.40 YER
2,500 CAD426,190.50 YER
3,000 CAD511,428.60 YER
4,000 CAD681,904.80 YER
5,000 CAD852,381.00 YER
10,000 CAD1,704,762.00 YER
15,000 CAD2,557,143.00 YER
20,000 CAD3,409,524.00 YER
30,000 CAD5,114,286.00 YER
40,000 CAD6,819,048.00 YER
50,000 CAD8,523,810.00 YER
100,000 CAD17,047,620.00 YER

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Canada to Yemen?

It can be very confusing when sending money from Canada to Yemen given so many choices. Additionally, Canadian Dollar to YER exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Canada to Yemen as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Yemen from Canada. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Canadian Dollar to Yemeni Rial remittances.


How to get the best exchange rate for sending money from Canada to Yemen?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Yemen from Canada.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your CAD to Yemeni Rial remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for CAD to YER remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way for transferring money to Yemen from Canada?

Finding the cheapest way to send money from Canada to Yemen might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer CAD to YER via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Canada to Yemen exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money from Canada to Yemen through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Canada to Yemen. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the CAD to YER exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Canada bank for your Yemen money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Yemen from Canada?

It could be a stressful experience if you need to rush money quickly from Canada to Yemen. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert CAD to YER. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Yemeni Rial. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Canada to Yemen money transfers.


Which are the best money transfer companies to send money from Canada to Yemen?

Since the Canadian Dollar to Yemeni Rial money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Canada that may also be able to send money to Yemen. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your CAD to YER money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Yemen gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Canada to Yemen transaction.


Step by step guide to send money from Canada to Yemen

Follow the below easy steps to send money to Yemen from Canada.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Canada bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Yemen).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your CAD to YER remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.