Send money from Canada to Tanzania (CAD to TZS)

Compare today's live CAD → TZS exchange rates and fees across every major provider. We show the hidden markup baked into each quote, so you can find the cheapest way to send money from Canada to Tanzania — to mobile money (M-Pesa, Tigo Pesa, Airtel) or a bank account.

Quick answer: the cheapest way to send CAD to TZS (Tanzania) right now is Sendwave, about 1833.91 TZS per C$1 with no transfer fee, ranked by how much actually arrives in TZS, not by the headline fee.

Mid-market rate: 1922.6731 TZS per 1 CAD· updated Jun 28, 2026, 1:30 PM UTC

New to this corridor? Read our guide: The fastest way to send money to Tanzania (2026)

CAD to TZS comparison — sending C$500

Ranked by how much actually arrives, grouped by how your recipient gets paid. Mobile money is how most people receive money in Tanzania.

Best rate right now

The best-value way to send money to Tanzania right now is Sendwave: send C$500 and your recipient gets 916,953.39 TZS — an effective 1833.91 TZS per C$1, with no transfer fee. Updated Jun 28, 2026, 1:30 PM UTC.

Mobile money payouts

Most used in Tanzania

Pay out to mobile wallets in Tanzania, usually within minutes.

4 providers

Provider

Rate

Fee

True cost

You receive

SendwaveBest value

Mobile money · In minutes

1833.91

Free

C$23.08 (4.62%)

916,953.39 TZS

SendwaveBest valueMobile money · In minutes

Recipient gets

916,953.39TZS

Rate1833.91

FeeFree

True costC$23.08 (4.62%)

WorldRemit

Mobile money · Within 5 minutes

1817.34

Free

C$27.39 (5.48%)

908,671.00 TZS

WorldRemitMobile money · Within 5 minutes

Recipient gets

908,671.00TZS

Rate1817.34

FeeFree

True costC$27.39 (5.48%)

Wise

Bank deposit · by Tuesday

1848.25

C$13.21

C$32.56 (6.51%)

899,709.62 TZS

WiseBank deposit · by Tuesday

Recipient gets

899,709.62TZS

Rate1848.25

FeeC$13.21

True costC$32.56 (6.51%)

Western Union

Mobile money · In minutes

1726.82

C$1.99

C$52.92 (10.58%)

859,975.44 TZS

Western UnionMobile money · In minutes

Recipient gets

859,975.44TZS

Rate1726.82

FeeC$1.99

True costC$52.92 (10.58%)

Bank payouts

Direct deposit to a bank account in Tanzania.

2 providers

Provider

Rate

Fee

True cost

You receive

XoomBest rate

Mobile money · Varies

1773.58

C$4.99

C$43.76 (8.75%)

877,941.72 TZS

XoomBest rateMobile money · Varies

Recipient gets

877,941.72TZS

Rate1773.58

FeeC$4.99

True costC$43.76 (8.75%)

OFX

Mobile money · Varies

1758.44

C$15.00

C$57.71 (11.54%)

852,843.79 TZS

OFXMobile money · Varies

Recipient gets

852,843.79TZS

Rate1758.44

FeeC$15.00

True costC$57.71 (11.54%)

Rates are indicative and last updated Jun 28, 2026, 1:30 PM UTC. Fees assume the cheapest standard bank funding; some providers add a small pay-in fee that varies by how you pay. First-transfer bonuses apply to new customers' first send only. Always verify the final exchange rate on the provider's payment page before making a transfer. See our methodology and advertiser disclosure.

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Sending money from Canada to Tanzania

In Tanzania, mobile-money wallets such as M-Pesa, Tigo Pesa and Airtel Money are the usual way to receive funds, alongside bank deposits in shillings (TZS).

When you send Canadian Dollar (CAD) to Tanzania, most of the cost is the exchange-rate markup baked into the rate, not the upfront fee. RemitBeat compares the live CAD → TZS rate across Wise, Remitly, Sendwave, WorldRemit, Western Union and more, benchmarks each against the mid-market rate, and ranks them by the amount that actually arrives in TZS — so you can see the genuinely cheapest option rather than the one with the flashiest headline fee.

Sending money CAD to TZS — your questions

What is the best rate to send money from Canada to Tanzania today?+

As of the latest update, the best value provider for CAD to TZS is Sendwave, with an effective rate of 1833.91 TZS per CAD and no transfer fee. Rates change throughout the day, so always check the live comparison before sending.

What is the mid-market CAD/TZS exchange rate right now?+

The current mid-market (interbank) rate is about 1922.6731 TZS per CAD. This is the "real" rate before any provider markup — RemitBeat shows how far each provider's quote sits from it.

What is a hidden markup, and how much does it cost me?+

Many transfer apps advertise "$0 fee" but bake their margin into a worse exchange rate. That gap between the provider's rate and the mid-market rate is the hidden markup. RemitBeat calculates it for every quote so you can compare the true, all-in cost rather than just the headline fee.

How can I receive CAD transfers in Tanzania?+

Most providers we track deliver to mobile money (M-Pesa, Tigo Pesa, Airtel) or a bank account in Tanzania. The comparison groups providers by payout method — mobile money and bank — so you only compare options that support the way your recipient wants to be paid.

How does RemitBeat make money if comparison is free?+

When you click through to a provider we may earn a small affiliate commission. You pay exactly the same as going to the provider directly — the rate you see is the rate you get. This keeps the comparison free and unbiased.

Compare more money-transfer corridors

Live exchange-rate and fee comparisons across Wise, Remitly, Sendwave, WorldRemit and more — pick your route below to find the cheapest way to send money home.