Currency exchange in Altona is limit to banks or credit unions, kiosks and dealers. Shopping around for currency exchange service if the exchange amount is over $500 Canadain for most customers. Make sure to compare rate at the same time, ask fee structure beside exchange and inquire about time frame to settle the fund.
Usually banks do not keep foreign currency banknotes in stock, customers have to order with banks and wait for 3 - 5 business days to pick up. In addition, when you sell your foreign banknotes to local banks, banks may not pay you immediately, banks need to send your banknotes to their back office to vertify.
Currency exchange kiosk in airport target customers who are looking for convenient service, small amount exchange. Usually the fee or the rate are not favourable for customers.
The general rule is the more convenient location, the less favourable rate and higer fees.
There are a few currency exchange dealers in Altona. Different companies have different specilities, some focus on cash exchagne, some others conduct currency exchange by wire transfer. When you comapre the rates, please try to get quote witnin 30 minutes, becasue currency exchange rates are constantly changeing, also ask the fees they charge beside exchange.
Each currency exchange dealers, which include banks, credit unions and other dealers, offer similar but different rate. The difference is getting more significantly, when the exchange amount is getter larger, such as over $10,000 Canadian dollar. Shop around is still the best way to get the best currency exchange rate. Please make sure when you compare the rate, ask when the money will be available, what is other fees. The general idea is the more convenient locaiton, the worse rate applied.
Altona is a town in southern Manitoba about 100 km south-west of Winnipeg and 133 km north of Grand Forks, North Dakota. The population at the 2011 Census was 4,123 residents. Old Altona was founded in 1880 by Plautdietsch-speaking Mennonites from the Russian Empire. It is surrounded by the Rural Municipality of Rhineland. Much of the surrounding area is devoted to farming and agriculture-based business.
Plautdietsch-speaking Mennonites from Russia began settling in Manitoba from 1874 through 1880 after signing a Privilegium with the Canadian government. The settlers initially were located in the Mennonite Reserve (largely now the Rural Municipality of Hanover). This area, east of the Red River and south of the Seine River, became known as the East Reserve when another block of land west of the Red River, known as the West Reserve was granted for Mennonite settlement in 1876, which included the land to become Altona. The first settlement at Altona was made in 1880, by Bergthal Mennonites from the East Reserve nearby. A southern spur of the Canadian Pacific Railway went through the Altona village area in 1882. A separate town-site, also named Altona, had its start in the 1895 when the Canadian Pacific Railroad was extended to that point, with the village area later known as Old Altona.:53 While Altona had a population large enough to support incorporation by the late 1920s, it took until 1946 for the community to be incorporated as a village.:253  Its population at that time was 1065 residents. In 1956, population growth to 1698 residents prompted the village council to apply to the provincial government to change the status to town. This change became official on 24 October 1956.
The 2011 Canadian Census reported that Altona had a population of 4,088, a 10.2 per cent increase since 2006. Not surprisingly given the town's Mennonite founders, of 3,990 respondents, 1,415 listed their mother tongue as German, though this may also include Plautdietsch. The median age of the population reported was 39.2 years.