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Summary

7 Countries Around The World Where The Canadian Dollar Goes A Long Way

If you're thinking of taking a trip abroad soon! 💵✈️

Pool at a resort in Aruba. Right: Colourful homes in Denmark.

Pool at a resort in Aruba. Right: Colourful homes in Denmark.

Senior Writer

When travelling, you can get a lot of bang for your buck when you exchange the Canadian dollar for money from the country you're travelling to and there are places where our currency goes a long way.

You might be thinking about planning a trip abroad now that the federal government is easing travel rules including testing requirements.

Canada is ending the global travel advisory against non-essential international trips, which has been in place since December 2021.

That means as of February 28, Canadians won't be told to avoid all non-essential travel out of the country, but instead are advised to "exercise a high degree of caution" while overseas.

Another change that's in effect as of February 28 is that rapid antigen tests can also be used to meet the pre-entry testing requirement that the federal government has in place for arriving travellers.

If you use a rapid antigen test instead of a PCR test, it must be authorized by the country where it was purchased and be administered by a laboratory, health care entity or telehealth service.

It has to be taken no more than 24 hours before your scheduled flight or arrival at the border.

Also, the federal government won't be testing every incoming traveller anymore. Instead, fully vaccinated travellers will be randomly selected for testing.

Before you take a trip, you should check travel rules and requirements like testing or vaccination for the country you're heading to along with what you need to come back into Canada.

If you're looking for travel inspiration right now, here are seven countries where the Canadian dollar currently goes a long way!

Aruba

If you want to go to Aruba, a single Canadian dollar gets you 1.41 Aruban florin.

When travelling, you can spend your exchanged money wisely and enjoy Aruba's warm weather, seemingly endless stretches of beaches, a sea that's full of aquatic life and shipwrecks, pastel streets and vibrant nightlife.

Denmark

Over in Denmark, you'll get 5.18 Danish krone for every CA$1 that you convert.

You can visit this European country on a budget by sightseeing unique Danish buildings, taking a stroll through the colourful streets of Copenhagen and exploring the country's natural landscape.

Thailand

For Canadians travelling to Thailand, CA$1 gets you 25.42 Thai baht right now.

You can explore the country's pristine beaches, see the history and culture of Thailand by visiting ancient sites and take in the country by travelling around on bicycles.

Egypt

If you're travelling to Egypt, exchanging CA$1 gets 12.32 Egyptian pounds.

In Egypt, you can sightsee modern marvels, travel back in time with ancient architecture and go on adventures (surfing sand dunes is a thing!). Or you can just lounge on the beach for your whole trip if you want to make the most of your converted dollars by not spending too much.

Costa Rica

If you covert CA$1 when travelling to Costa Rica, you'll get 500.50 Costa Rican colones.

You can visit this country and spend your money wisely because there are so many things to do in the great outdoors including exploring rainforests, discovering massive waterfalls, watching beautiful birds and, of course, lounging on beaches.

Mexico

Over in Mexico, a single Canadian dollar will get you 16.04 Mexican pesos.

While travelling there, you can visit stellar beaches, the country's natural landscapes and even Pueblos Mágicos (Magical Towns) for some relaxation or exploration!

Iceland

For Canadians who are thinking of a trip to Iceland, CA$1 gets 98.12 Icelandic króna.

You can visit this country on a budget by exploring all of Iceland's natural landscapes including mountains, volcanoes, glaciers, lakes and caves. It's also a great place to see the northern lights!

Before you get going, check out our Responsible Travel Guide so you can be informed, be safe, be smart, and most of all, be respectful on your adventure.


  • Senior Writer

    Lisa Belmonte (she/her) is a Senior Writer with Narcity Media. After graduating with a Bachelor of Journalism from Toronto Metropolitan University (formerly Ryerson University), she joined the Narcity team. Lisa covers news and notices from across the country from a Canada-wide perspective. Her early coverage of the COVID-19 pandemic earned Narcity its first-ever national journalism award nomination.

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