Currency exchange in Leaf Rapids 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 Leaf Rapids. 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.
Leaf Rapids is a town in north west Manitoba, Canada. The town was developed as an experimental model; a model that other northern communities could replicate as they strove for modern convenience and luxury in a northern environment. The community is located approximately 1,000 km north of Winnipeg along the Churchill River. The original (urban) community of Leaf Rapids is located at 56°27′52″N 100°00′13″W on Manitoba Provincial Road 391, although most of the large official Town created later lies east of this community. This town is as large as a typical Rural Municipality in the more southern parts of Manitoba.An all-weather road connects the community to Thompson, Lynn Lake, and South Indian Lake. Since the establishment of the community, Leaf Rapids has witnessed a number of significant changes directly related to mining operations. Population declines, service provision declines, and a changing employment have all occurred since the mine's closure in 2002. The community have invested considerable time and effort examining possible transitions.
In 1969, Sherritt Gordon Mines discovered a vast copper and zinc ore body at Ruttan Lake. As a result of this substantial discovery, there was an urgent demand for a community to provide support services for the mine and its workers. The first residents of Leaf Rapids arrived in 1971[2] and the community's infrastructure was completed in the fall of 1976. During this same year, the community's population exceeded 2,000 residents. Leaf Rapids is sometimes described as the "instant town" due to the fast construction time and the large population that gathered during the short time period. The Ruttan Mine was closed down in the summer of 2002.In March 2007 it became the first municipality in Canada to ban the use of plastic shopping bags.[3]