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4841 Yonge St. Unit 237D

Mon. - Wed. 9:30am - 6:00pm

Thu. - Fri. 9:30am - 7pm

Sat. 10am - 4pm

Sun. 11am - 3pm

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Currency Exchange New Market

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47,000+ Customers

200,000+ Transactions

300 Million+ Exchanged



Since 2012

License: M11432814


Branch Information

Monday - Friday: 9:30 am - 6:00 pm

Saturday: 10:00 am - 4:00 pm

Sunday: 11:00am - 3:00 pm

yonge.sheppard@currencymart.net

Today's Forex News

Too Far from You?


Travel to Winnipeg?


Currency Exchange Near Me


Chart below shows a list of currency exchange me when you are at near major interactions of Toronto.


Payments Accepted


Cash
Debit Card
E-transfer
Wire Transfer
Bill Payment (RBC,BMO & Credit Unions Only)

How We Pay Customers

Cash
E-transfer (CAD only)
CAD or USD cheque
CAD or USD wire transfer ($35/wire)
CAD or USD direct deposit (arrive next business day)

Parking Instruction

Parking is $4 for 30 minutes. We are at L1 level

Parking Entrance at Doris & Greenfield

Foreign Exchange Reference


Currency Exchange

Currency exchange is changing one currency to another for the purpose of travel, purchase or investment. According to a study of Bank for International Settlements, daily average was more than $6 trillion trading volume. Currency Mart acts as a counter-party to an off-exchange or an over-the-counter forex transaction of cash, financial instruments, futures contracts, options on futures contracts. Currency exchange is a decentralized market and operates 24 hours per day around the globe. London, New York and Tokyo are the three major currency exchange markets and followed by cities of Hong Kong and Singapore. Decentralized market means each currency exchange broker offers its own buy in and sell out exchange rates. The rates are determined based on the demand, inventory and supply of the particular dealer and also the interbank rates at that moment. That is why exchange rates at the same moment are similar, but different broker to broker.

Currency Exchange Market of Canada

Annually, about $600 billion Canadian dollars exchanged to other currencies, over 50% is changed to US dollar and Euro dollar is the second most wanted currency. RBC is the major player in Canadian foreign exchange market. With the other four major banks, banks count 90% of market transaction volume. In addition to banks, large corporations who deal with petroleum or grains conduct massive amount of foreign exchange transactions. Licensed brokers who serve retail clients and small businesses fill up the rest of market gap.

Currency Exchange Market of New Market

Since the city of New Market lacks the headquarters of a nationwide company, the customers of currency exchange business are local residents, small businesses and tourists.

  • Local Residents
  • In Ontario, about 60% local residents are new immigrants of recent 20 years. Same figure applied to New Market too. In addition, New Market attracts more and more new immigrants every year due to the geological location and affordable housing. These new immigrant and international students bring a huge amount of capital which needs to be converted to Canadian currency.

  • Small Businesses
  • Logistics business and restaurants are 2 major customers of currency exchange business in New Market. These 2 businesses either have customers in the United States or import goods from the United States.

  • Tourists
  • Toronto Pearson Airport is located in New Market and the hotels surrounding the airport make New Market the perfect choice for tourists to stay.

Exchange Amount in New Market

The exchange amounts from a few hundreds by tourists up to 100k by small business.

Currencies Involved in New Market

  • USD
  • EUR
  • INR

Major Currency Exchange Businesses

  • International Foreign Exchange
  • Continental Foreign Exchange
  • Kantor Foreign Exchange

Currency Exchange Rate

Exchange rate is updated every 5 minutes, 24 hours a day, 7 days per week. Each exchange rate comes with 2 expressions, which express the same rate in 2 different ways. Each expression is 4 digits accuracy.

USD CAD

USD CAD exchange is the most important trading currency pair in Canada. The particular currency pair can count up to 50% of transaction volumn for a Canadian currency exchange broker. For some province, the precentage is even higher. Currency Mart as a currency exchange dealer, we always keep USD currency in stock for customers demand.

Currency Exchange New Market

A reputable currency exchange dealer is your best choice to exchange money, except those foreign exchange dealers in airports, hotel front desks and tourist hotspots.

Firstly these foreign exchange experts offer exchange rates better than banks. For a small amount exchange, not too much difference, but if the exchange amount is over thousand, the savings is more significant.

Secondly, these foreign exchange dealers keep foreign cash in stock, so customers can have foreign cash for travel right the way. On the other hand, banks and credit unions do not keep foreign cash in each branch, and take about 3 to 5 business days to bring foreign cash in.

Finally, most foreign exchange dealers take care of your leftover foreign cash by purchasing them back at the same rate as the dealers sold to you. This policy can save customers about 10% currency exchange loss.

Exchanging money at the bank is the option for a convenient and fair price.

Exchanging money at currency exchange is aiming for a better exchange rate. Please make sure you compare the exchange rate dealer by dealer before you conduct the exchange.

A currency exchange transaction can lose as little as 0.2% or as much as 4%, pending on the exchange amount.

For transaction amounts over $100,000, it is possible for customers to get an exchange rate as good as 0.2% spread. Oppositely, a $100 dollar exchange can cost customers about 4% of the exchange amount.

Historical Forex News

USD/CAD: Oil support but gains capped – Commerzbank

USD/CAD: Oil support but gains capped – CommerzbankFX Street2026-03-16

U.S. Dollar Moves Lower As Traders Take Profits Despite Geopolitical Tensions: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is losing ground as traders take some profits off the table near multi-month highs.FXEmpire2026-03-16

Canadian Dollar Analysis: USD/CAD starts the week with a bearish bias following Canada CPI data release

The trading week begins and, for now, the Canadian dollar appears to be regaining ground in a consistent manner. Recent USDCAD price movements show a depreciation of the pair of around 0.4%, which is beginning to signal a new short-term bearish bias.Forexcom2026-03-16

USD/CAD drifts lower as Canada CPI shows mixed inflation signals ahead of BoC decision

USD/CAD drifts lower as Canada CPI shows mixed inflation signals ahead of BoC decisionFX Street2026-03-16

USD/CAD: BOC cushioned by stable inflation – BBH

USD/CAD: BOC cushioned by stable inflation – BBHFX Street2026-03-16

Pound to Canadian Dollar Week Ahead Forecast: Loonie Tracks Oil Higher

The Pound to Canadian Dollar exchange rate traded in a volatile range last week as sharp swings in global oil prices drove movement in the commodity-linked ‘Loonie'. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.81422Euro to Canadian Dollar (EUR/CAD): 1.56619Dollar to Canadian Dollar (USD/CAD): 1.37183 DAILY.ExchangeRates2026-03-16

USD/CAD: Rebound toward 1.38 possible within broader downtrend – Societe Generale

USD/CAD: Rebound toward 1.38 possible within broader downtrend – Societe GeneraleFX Street2026-03-13

Scotiabank USD/CAD Forecast: Canadian Dollar Supported by Oil and Rate Outlook

The US Dollar to Canadian Dollar exchange rate traded near 1.3667 on Friday, with the pair holding near recent highs despite a broader consolidation in recent sessions. Scotiabank says the Canadian dollar has been relatively steady, with USD/CAD recently trading in a tight range centred between 1.3550 and 1.3600.ExchangeRates2026-03-13

USD/CAD: Range trading holds above 1.37 – Scotiabank

USD/CAD: Range trading holds above 1.37 – ScotiabankFX Street2026-03-13

USD/CAD reclaims 1.3700 amid weak Canadian employment data and firm USD demand

USD/CAD reclaims 1.3700 amid weak Canadian employment data and firm USD demandFX Street2026-03-13

CAD: Resilient but seen lower against USD – TD Securities

CAD: Resilient but seen lower against USD – TD SecuritiesFX Street2026-03-13

10 YR Yield, USD/CAD, AUD/USD and USD/MXN Forecasts – US Dollar in Focus on Friday

The US 10-year yield and the US dollar are in focus for Friday trading.FXEmpire2026-03-13

USD/CAD Forecast: US Dollar Rallies Against the Loonie - 13 March 2026

USD/CAD rallied as broader risk-off flows outweighed oil strength, keeping the pair in its familiar 1.35 to 1.3750 consolidation range.DailyForex2026-03-13

CAD/JPY Forecast: Canadian Dollar Continues to Bully the Yen with Oil Jumping - 13 March 2026

CAD/JPY continues to favor the upside, with oil strength supporting the Canadian dollar and 115.50 acting as key support for a move toward 118.DailyForex2026-03-13

U.S. Dollar Rallies As Jolts Job Openings Beat Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Geopolitical tensions and high oil prices raised demand for safe-haven assets, providing additional support to the American currency.FXEmpire2026-03-13

U.S. Dollar Gains Ground As WTI Oil Tests The $95.00 Level: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is moving higher, supported by rising Treasury yields.FXEmpire2026-03-12

USD/CAD rises as US Dollar gains on geopolitical tensions and Fed repricing

USD/CAD rises as US Dollar gains on geopolitical tensions and Fed repricingFX Street2026-03-12

USD/CAD Outlook: Canadian Dollar Shows Weakness Amid New Geopolitical Tension Updates

Over the last two trading sessions, USD/CAD has posted a consistent gain of more than 0.3% in the short term, marking a renewed bullish bias in the market.Forexcom2026-03-12

USD/CAD: Strong loonie could test 1.35 – ING

USD/CAD: Strong loonie could test 1.35 – INGFX Street2026-03-11

USD/CAD Price Forecast: Seems vulnerable near 1.3560 as technical breakdown remains in play

USD/CAD Price Forecast: Seems vulnerable near 1.3560 as technical breakdown remains in playFX Street2026-03-11

U.S. Dollar Moves Higher As CPI Meets Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Rising demand for safe-haven assets provided support to the American currency.FXEmpire2026-03-11

USD/CAD Prediction and Why the Canadian Dollar Is Beating USD Despite DXY Rising

USD/CAD has recently broken below 1.3600 despite the dollar index rising significantly in recent days. Why is the Canadian dollar resilient?InvestingCube2026-03-11

USD/JPY, USD/CAD and GBP/USD Forecasts – US Dollar Fighting Back on Wednesday

The US dollar is strengthening in general as the Americans are coming on board. That being said, risk appetite will continue to be an important thing to watch closely.FXEmpire2026-03-11

USD/CAD: Bearish momentum points to range trade – Scotiabank

USD/CAD: Bearish momentum points to range trade – ScotiabankFX Street2026-03-11

Markets resist and volatility fades – North American Mid-Week Market Update

Mid-Week update for North-American Markets – Wartime continues and NA Markets remain impressively resilient. Taking a close look at NA index and currency performance combined with a USD/CAD intraday chart to spot what's next for American Markets.MarketPulse2026-03-11

USD/CAD Price Analysis: US Dollar Rebounds as IEA Oil release weighs on CAD

USD/CAD Price Analysis: US Dollar Rebounds as IEA Oil release weighs on CADFX Street2026-03-11

Pound to Canadian Dollar Price News, Forecast: Oil Price Rebound Buoys CAD

The Pound to Canadian Dollar exchange rate traded sideways midweek as rising oil prices supported the commodity-linked ‘Loonie' while a lack of UK data kept Sterling directionless. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.82167 (-0.07%)Euro to Canadian Dollar (EUR/CAD): 1.57178 (-0.35%)Dollar to Canadian Dollar.ExchangeRates2026-03-11

USD/CAD Daily Outlook

Intraday bias in USD/CAD remains mildly on the downside for the moment. Consolidation pattern from 1.3480 could have completed at 1.3751, after hitting 55 D EMA (now at 1.3708).Action Forex2026-03-10

USD/CAD Price Forecast: Seems vulnerable below 1.3600, trading range breakdown in play

USD/CAD Price Forecast: Seems vulnerable below 1.3600, trading range breakdown in playFX Street2026-03-10

U.S. Dollar Moves Lower As Traders Stay Focused On The War In The Middle East: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is losing ground as traders monitor the wild swings in the oil markets.FXEmpire2026-03-10

USD/JPY, USD/CAD and USD/MXN Forecast – US Dollar Mixed Early Tuesday

The US dollar started out a bit mixed in early trading on Tuesday, as traders are trying to access risk appetite globally.FXEmpire2026-03-10

USD/CAD: Consolidation holds with firm support – Scotiabank

USD/CAD: Consolidation holds with firm support – ScotiabankFX Street2026-03-10

USD/CAD: Sideways bias with safe-haven support – Rabobank

USD/CAD: Sideways bias with safe-haven support – RabobankFX Street2026-03-09

USD/CAD Price Forecast: Falls to near 1.3550 as bearish bias persists

USD/CAD Price Forecast: Falls to near 1.3550 as bearish bias persistsFX Street2026-03-09

USD/JPY, USD/CHF and USD/CAD Forecast – US Dollar Moving Early Monday

The US dollar has been a bit noisy to say the least on Monday, as we are trying to sort out risk appetite.FXEmpire2026-03-09

Pound to Canadian Dollar Forecast: Oil Price Above $90 Sends CAD Higher

The Pound to Canadian Dollar exchange rate fell to its weakest levels in almost a year last week as surging energy prices linked to the Middle East conflict dominated global markets. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.81964Euro to Canadian Dollar (EUR/CAD): 1.57642Dollar to Canadian Dollar (USD/CAD):.ExchangeRates2026-03-09

USD/CAD trims earlier losses as WTI pullback weighs on Canadian Dollar

USD/CAD trims earlier losses as WTI pullback weighs on Canadian DollarFX Street2026-03-09

USD/CAD Price Forecast: Wobbles near 1.3660 ahead of US NFP data

USD/CAD Price Forecast: Wobbles near 1.3660 ahead of US NFP dataFX Street2026-03-06

U.S. Dollar Retreats From Session Highs After Weak Jobs Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The weak Non Farm Payrolls report raised worries about the health of the U.S. economy.FXEmpire2026-03-06

Canadian Dollar Forecast: USD/CAD Rejected at Resistance Again – Breakdown Risk Builds

USD/CAD has turned lower after another unsuccessful attempt to push through a key resistance barrier, leaving the recent advance vulnerable into the weekly close. Despite briefly trading above prior highs, buyers were unable to sustain momentum, reinforcing the importance of this ceiling within the broader structure.Forexcom2026-03-06

Intraday Analysis 05.03.2026

USDCAD fails at recovery The Canadian dollar continues to recoup losses after spiking towards 1.3700 in recent sessions. On the chart, the pair is recovering to the downside as prices move to test the previous bottom at 1.3620.Orbex2026-03-05

USD/CAD Price Forecast: Hand holds 20-day EMA amid US-Iran war

USD/CAD Price Forecast: Hand holds 20-day EMA amid US-Iran warFX Street2026-03-05

EUR/CAD falls to near 1.5850 due to higher Oil prices

EUR/CAD falls to near 1.5850 due to higher Oil pricesFX Street2026-03-05

USD/CAD Outlook: The Canadian Dollar Weakens Ahead of NFP

During the current session, USD/CAD has posted a gain of around 0.38%, favoring the US dollar. The buying pressure is mainly driven by expectations surrounding tomorrow's NFP release, as well as ongoing dynamics supporting the dollar amid persistent geopolitical tensions.Forexcom2026-03-05

U.S. Dollar Moves Higher As Geopolitical Risks Rise: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency gains ground as traders react to recent developments in the Middle East.FXEmpire2026-03-05

Scotiabank US Canadian Dollar Forecast: USD/CAD Risks Slide Toward 1.35

The US Dollar to Canadian Dollar exchange rate traded close to 1.3650 on Thursday, holding near recent lows after the pair slipped earlier this week. Recent trading has been marked by notable Canadian Dollar resilience.ExchangeRates2026-03-05

USD/CAD: Range-bound downside bias holds – Scotiabank

USD/CAD: Range-bound downside bias holds – ScotiabankFX Street2026-03-05

Pound to Canadian Dollar Price Forecast: Middle East Conflict Drives CAD Strength

The Pound Canadian Dollar (GBP/CAD) exchange rate hit an 11-month low on Thursday as surging oil prices supported the commodity-linked ‘Loonie'. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.82608 (+0.11%)Euro to Canadian Dollar (EUR/CAD): 1.58631 (-0.08%)Dollar to Canadian Dollar (USD/CAD): 1.36748 (+0.22%) DAILY.ExchangeRates2026-03-05