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Compare today's DOP to CAD (Dominican Peso to Canadian Dollar) exchange rates

Dominican Republic
Canada
DOP
Interbank Exchange Rate: 1 DOP = 0.0216 CAD
Updated about an hour ago

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All you need to know about Dominican Peso to Canadian Dollar money transfers

Easily compare money transfer providers in one place to send money from Dominican Republic to Canada. Send money overseas to your loved ones by comparing Dominican Peso (DOP) to Canadian Dollar (CAD) 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.

Were you looking to send money from Canada to Dominican Republic instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest DOP to CAD Conversion Rates

Here are some latest DOP to CAD (Dominican Peso to Canadian Dollar) exchange rates for popular conversion amounts*.

1 DOP0.02 CAD
5 DOP0.11 CAD
10 DOP0.22 CAD
25 DOP0.54 CAD
50 DOP1.08 CAD
100 DOP2.16 CAD
150 DOP3.24 CAD
200 DOP4.32 CAD
250 DOP5.40 CAD
300 DOP6.48 CAD
400 DOP8.64 CAD
500 DOP10.80 CAD
600 DOP12.96 CAD
700 DOP15.12 CAD
800 DOP17.28 CAD
1,000 DOP21.60 CAD
1,500 DOP32.40 CAD
2,000 DOP43.20 CAD
2,500 DOP54.00 CAD
3,000 DOP64.80 CAD
4,000 DOP86.40 CAD
5,000 DOP108.00 CAD
10,000 DOP216.00 CAD
15,000 DOP324.00 CAD
20,000 DOP432.00 CAD
30,000 DOP648.00 CAD
40,000 DOP864.00 CAD
50,000 DOP1,080.00 CAD
100,000 DOP2,160.00 CAD

*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 to Canada from Dominican Republic?

With the global remittance market booming, there are so many choices for Dominican Peso to CAD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Canada from Dominican Republic. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final CAD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Dominican Republic to Canada?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your DOP to Canadian Dollar money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Dominican Republic to Canada. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for DOP to CAD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money from Dominican Republic to Canada?

The final amount your recipient gets when you send DOP to CAD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Dominican Republic to Canada used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Canadian Dollar is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Dominican Peso to Canada exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to send money from Dominican Republic to Canada?

Bank transfers have been a traditionally popular way to send money overseas from Dominican Republic to Canada. 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 DOP to CAD 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 Dominican Republic bank for your Canada 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 transfer money from Dominican Republic to Canada?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Dominican Republic to Canada. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert DOP to CAD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Dominican Peso amount reaching Canada. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Canadian Dollar quickly to Canada, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money from Dominican Republic to Canada?

Dominican Republic to Canada money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Canada as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Dominican Peso to Canadian Dollar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to do a money transfer from Dominican Republic to Canada

With so many possible ways to transfer Dominican Peso to Canadian Dollar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Dominican Republic to Canada remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Dominican Republic and the receiver in Canada. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your DOP to Canadian Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.