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Currency Exchange Portage-la-Prairie - FAQ

Currency exchange in Portage-la-Prairie 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.

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.

Portage la Prairie (/ˈpɔːrtɪdʒ lə ˈpreɪri/) is a small city in the Central Plains Region of Manitoba, Canada. As of 2016, the population was 13,304 and the land area of the city was 24.68 square kilometres (9.53 sq mi).[2] Portage la Prairie is approximately 75 kilometres (47 mi) west of Winnipeg, along the Trans-Canada Highway (exactly between the provincial boundaries of Saskatchewan and Ontario), and sits on the Assiniboine River, which flooded the town persistently until a diversion channel north to Lake Manitoba (the Portage Diversion) was built to divert the flood waters. The city is surrounded by the Rural Municipality of Portage la Prairie. According to Environment Canada, Portage la Prairie has the most sunny days during the warm months in Canada.It is the administrative headquarters of the Dakota Tipi First Nations reserve.

The area was first inhabited by Indigenous people, long before European settlers began to arrive prior to 1850. In September 1738, after the fur trade had extended into Western Canada. Pierre Gaultier de Varennes, sieur de La Vérendrye (a French-Canadian explorer and fur trader) built Fort La Reine north of the Assiniboine River to serve as a fur trading post, and provide the explorers with a "home" operating base, from which they would explore other parts of central Manitoba and western North America. In 1851, Archdeacon William Cochrane (Cockran)[5] of the Anglican Church, John McLean,[6] as well as other ambitious settlers, were among the first to purchase the first land in the area from the local Indigenous people, around what is now Crescent Lake (formerly known as "The Slough"). A school was soon built as settlers poured in from the east, followed by a church (St. Mary's La Prairie, 1854), and numerous local businesses as the community began to form. The fertile soils of the Portage la Prairie area were discovered in the 1850s, giving birth to the future agriculturally based economy of the village; Cochrane encouraged people to start growing crops and gardens on their properties to fulfill the needs of the growing food demand. A local government was formed in 1857, and by the 1860s, there were sixty homes in the community.The 1870s was a decade of rapid growth, as many more settlers moved to Portage, establishing farms and opening new businesses. By this time, the village had an operating flour mill, a local newspaper, and a community fair; just to name a few of Portage's highlights. From the 1870s to the 1880s, the community increased in population by approximately 10 times (from 300 to 3,000). Freight and supplies were transported by oxcart and steamboat until the arrival of the Canadian Pacific Railway (CPR) in 1881, the year Portage was incorporated as a town. Thomas Collins was the first mayor of Portage la Prairie.In 1907, Portage was incorporated as a city, and from that point on, managed to keep a gradual rate of growth and development, serving as a regional hub for agriculture, retail, manufacturing and transportation in central Manitoba.During World War II, the Royal Canadian Air Force constructed Canadian Forces Base Portage la Prairie in support of the British Commonwealth Air Training Plan. The station was controlled by the RCAF but used naval personnel as high-frequency direction finding operators. The station's priority was German U-boat traffic. This site and CFB Rivers located at Rivers, Manitoba helped to increase the fix accuracy immensely.Commercial cultivation of industrial cannabis was banned in Canada in 1938, but in 1928 1,640 acres (660 ha) of industrial hemp was grown in Canada, with 1,200 acres (490 ha) of that being in Portage la Prairie.[7]The name of the city is derived from the French word portage, which means to carry a canoe overland between waterways. In this case the "portage" was between the Assiniboine River and Lake Manitoba, over la prairie.

Historical Forex News

USD/CAD struggles near 1.3750 as Fed rate cut bets, Oil supports Canadian Dollar

USD/CAD remains subdued for the third successive day, trading around 1.3760 during the Asian hours on Thursday. The pair struggles as the US Dollar (USD) loses ground amid rising odds of further rate cuts by the US Federal Reserve (Fed).FX Street2025-08-14

U.S. Dollar Rallies As PPI Beats Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency gained upside momentum as traders reduced bets on dovish Fed.FXEmpire2025-08-14

USD/CAD bounces up to 1.3780 amid a moderate US Dollar recovery

The Canadian Dollar is trading lower against its US peer on Thursday. The US Dollar has shrugged off investors' hopes of Fed easing and Treasury Secretary Bessent's pressure on the US Central bank and is featuring a moderate recovery ahead of the US PPI data release.FX Street2025-08-14

USD/CAD remains limited below 1.3800, Loonie lacks bullish momentum

The Canadian Dollar is drawing some support from the generalised US Dollar weakness, as the moderate US inflation figures seen on Tuesday boosted expectations of Fed monetary easing in September. The pair, however, remains within previous ranges, as the Loonie lacks upside momentum.FX Street2025-08-13

U.S. Dollar Retreats As Bessent Says Fed Should Cut Rates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forex traders believe that Fed will cut rates at the next meeting in September.FXEmpire2025-08-13

USD/CAD hovers below 1.3800 amid improved Oil prices ahead of US inflation data

USD/CAD stays silent after registering gains in the previous three consecutive days, trading around 1.3780 during the Asian hours on Tuesday. The pair may face challenges as the commodity-linked Canadian Dollar (CAD) receives support from improved crude Oil prices.FX Street2025-08-12

EUR/CAD Price Forecast: Wobbles above 1.6000 ahead of Eurozone ZEW Survey data

The EUR/CAD pair trades in a tight range around 1.6020 during the late Asian trading session on Tuesday. The pair consolidates ahead of the Eurozone EW Survey – Economic Sentiment data for August, which will be published at 09:00 GMT.FX Street2025-08-12

U.S. Dollar Retreats As Inflation Rate Misses Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is under pressure as Inflation Rate remained unchanged at 2.7% in July.FXEmpire2025-08-12

CAD holds range below USD resistance in the low 1.38s – Scotiabank

The Canadian Dollar (CAD) is little changed in quiet trade as markets await US data, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.FX Street2025-08-12

USD/CAD crawls higher, approaches 1.3800 ahead of the US CPI release

The Canadian Dollar remains on its back foot against a slightly firmer US Dollar, weighed by the low Oil, which keeps the USD/CAD pair on track for a four-day winning streak, with all eyes on the US CPI reportFX Street2025-08-12

GBP/CAD rising towards 1.8830 as UK jobs and GDP awaited

GBP/CAD built on last week's strong rebound as trading opened this week, with technical signals pointing to a retest of the recent high at 1.8830 as next step. The near-term direction will hinge partly on UK data, with employment figures due Tuesday and June GDP on Thursday.Action Forex2025-08-11

U.S. Dollar Gains Ground Ahead Of CPI Report: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is moving higher as traders prepare for CPI data, which will be released tomorrow.FXEmpire2025-08-11

USD/CAD Price Forecast: Stabilizes above 20-day EMA around 1.3770

The USD/CAD pair trades marginally higher around 1.3770 during the European trading session on Monday. The Loonie pair ticks up, while the US Dollar (USD) trades sideways, with investors awaiting the announcement of the United States (US) Consumer Price Index (CPI) data for July, which will be published on Tuesday.FX Street2025-08-11

Pound to Canadian Dollar Rate Week Ahead: UK GDP, Jobs Data, BoC Minutes

The Pound to Canadian Dollar (GBP/CAD) exchange rate extended its rally last week, fuelled by a surprisingly hawkish tone from the Bank of England's (BoE) latest policy decision. Sterling's gains came as oil price weakness dragged on the Canadian Dollar, setting the stage for another potentially volatile week in the currency pair.ExchangeRates2025-08-11

Pound Canadian Dollar Exchange Rate Forecast: GBP/CAD Hits Fresh One-Month Best

On Tuesday, attention turns to the UK's latest labour market data, a release that could prove pivotal for Sterling. The health of the jobs market remains a crucial factor for the Bank of England's policy outlook.ExchangeRates2025-08-11

USD/CAD Forecast: Rabobank Sees Canadian Dollar Strength as Rate Gap Narrows

Foreign exchange forecasters at Rabobank expect the US-Canada interest rate spread to become the dominant driver of the USD/CAD exchange rate as monetary policy paths diverge. “We believe that USD/CAD will come to be dominated by the US-CA rate differential as the Fed picks up its cutting cycle in 2026, at which point the Bank of Canada.ExchangeRates2025-08-08

USDCAD Rises from a Weak Canadian Employment Data

The data which came at -40.8K vs 13.5K expected , takes out half of the past month's upwards surprise (+83K) and looking at the detail, full-time employment saw the most regression (-51K) while part-time employment rose by a small margin.Action Forex2025-08-08

USD/CAD Price Forecast: Holds 20-day EMA around 1.3730 ahead of Canadian employment data

The USD/CAD pair trades in a tight range around 1.3730 during the European trading session on Friday. The Loonie pair consolidates as investors await the Canadian labor market data for July, which will be published at 12:30 GMT.FX Street2025-08-08

U.S. Dollar Rebounds From Weekly Lows: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency attempts to gain upside momentum after yesterday's sell-off.FXEmpire2025-08-07

CAD rebound versus USD steadies in low 1.37s – Scotiabank

The Canadian Dollar (CAD) is marginally higher on the session but is lagging its G-10 commodity peers somewhat, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.FX Street2025-08-07

CAD firms modestly on generally weaker USD – Scotiabank

The Canadian Dollar (CAD) is drifting a little higher after finding some support following yesterday's test through the low 1.38s, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.FX Street2025-08-06

U.S. Dollar Pulls Back From Session Highs As ISM Services PMI Misses Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The disappointing ISM Services PMI report put pressure on the American currency.FXEmpire2025-08-05

U.S. Dollar Attempts To Rebound After Sell-Off: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar gains some ground as forex traders buy the dip.FXEmpire2025-08-04

USDCAD technical analysis: Sellers lean against resistance. Pushes lower.

The USDCAD surged to fresh highs following President Trump's announcement of a sweeping 35% tariff on Canadian imports—among the most aggressive trade measures for major countries. That news initially triggered heavy CAD selling.Forex Live2025-08-04

USD/CAD remains pinned below 1.3800 with hopes of Fed cuts limiting upside attempts

The Canadian Dollar keeps most of the ground it gained on Friday as the US Dollar Index fell about 0.8% as US employment data revealed that job growth increased much less than expected, and data from previous months was revised sharply lower. July's US Nonfarm Payrolls report crushed the view of a resilient US economy that served as one of the main fundamental supports for the Fed's “patience” rhetoric and boosted investors' expectations of monetary easing in the coming months.FX Street2025-08-04

GBP/CAD faces dual event risk of BoE and Canadian job

GBP/CAD could see heightened volatility this week as two key events take center stage: BoE rate decision on Thursday and Canadian employment data on Friday.Action Forex2025-08-04

USD/CAD holds below 1.3800 as weaker US job data fuels Fed rate cut expectations

The USD/CAD pair trades on a softer note around 1.3780 during the early European trading hours on Monday. The Greenback edges lower against the Canadian Dollar (CAD) due to the weaker-than-expected US July job data.FX Street2025-08-04

Pound to Canadian Dollar Forecast: GBP/CAD Eyes PMI Data After GDP Flatlines

Looking ahead to Friday, the Pound to Canadian Dollar (GBP/CAD) exchange rate is likely to be driven by the latest manufacturing PMI figures from both the UK and Canada. The UK's final July PMI is expected to rise modestly from 47.7 to 48.2.ExchangeRates2025-08-01

U.S. Dollar Dives As Non Farm Payrolls Miss Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Major revisions of previous reports put significant pressure on the American currency.FXEmpire2025-08-01

US Canadian Dollar Forecast: Trade Risks Underappreciated, USD/CAD Target 1.40

The Canadian dollar has come under further pressure after the latest US Administration tariff moves with the USD/CAD exchange rate hitting 2-month highs at 1.3875. Foreign exchange analysts at ING Bank consider that markets are underestimating risks to the Canadian economy and expect USD/CAD to strengthen further to 1.40 in the short.ExchangeRates2025-08-01

USD/CAD Rises to 2-Month High

Today, the USD/CAD exchange rate briefly exceeded the 1.3870 mark – the highest level seen this summer. In less than ten days, the US dollar has strengthened by over 2% against the Canadian dollar.Action Forex2025-08-01

U.S. Dollar Gains Ground As PCE Price Index Exceeds Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. Dollar Index made an attempt to settle above the psychologically important 100.00 level.FXEmpire2025-07-31