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120 Adelaide St. W. #R7

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Thu. - Fri. 8:30am - 7pm

Sat. 10am - 4pm

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Currency Exchange Oakville

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47,000+ Customers

200,000+ Transactions

300 Million+ Exchanged



Since 2012

License: M11432814


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Monday - Wednesday: 8:30 am - 6:30 pm

Thursday - Friday: 8:30 am - 7:00 pm

Saturday: 10:00 am - 3:30 pm

Sunday: Closed

torontopath@currencymart.net

Today's Forex News

USD/CAD remains in the negative territory after paring losses, trades around 1.3580

USD/CAD trims intraday losses but remains in the negative zone, which could be attributed to an improved US Dollar (USD). The USD/CAD pair edges lower to 1.3580 during the Asian trading hours on Tuesday.FX Street2024-03-26

USD/CAD Price Analysis: Moving lower within channel

USD/CAD is in a steady short-term uptrend, with the exchange rate rising within an ascending channel. FX Street2024-03-26

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Rebounds From Session Lows

U.S. Dollar Index received support near the 104 level and rebounded towards 104.30.FXEmpire2024-03-26

USD/CAD corrects to 1.3550 on US Dollar's modest decline

The USD/CAD pair falls to 1.3550 in the early American session on Tuesday. The Loonie asset faces pressure as the US Dollar drops on firm expectations that the Federal Reserve (Fed) will start reducing interest rates from the June meeting.FX Street2024-03-26

USD/CAD: Losses may slow in the low/mid 1.3500s – Scotiabank

USD/CAD drifts a little lower. Economists at Scotiabank analyze the pair's outlook.FX Street2024-03-26

Additional 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 $3.50 for 30 minutes. Walk into a steel door beside pay station at P1 level, labeled as PATH. Walk straight through the Shearton Hotel and keep walking straight to Richmond-Adelaide Centre. We are on the other side of the food court, beside a handicap ramp.

Parking Entrance at 100 Queen St. W.

PATH Entrance inside Parking P1 Level

Walk Straight Through Shearton Hotel

Richmond-Adelaide Centre in PATH

Access Currency Mart

About 2 minutes walk. Walking into the building of 110 Adelaide St. W., take the escalator from the lobby down to Toronto PATH. Turn right at Rexalll drug store and walk stright to foot court. We are inside the food court, beside a handicap ramp.

About 1 minutes walk. Walking into the building of 120 Adelaide St. W., take the escalator behind the security desk down to Toronto PATH, we are 6 shops away on your right hand side, beside a handicap ramp.

About 1 minutes walk. Walking into the building of 130 Adelaide St. W., take the escalator from the lobby down to Toronto PATH. Turn left at Rexall drug store and walk stright to foot court. We are inside the food court, beside a handicap ramp.

About 1 minutes walk. Walking into the building of 85 Richmond St. W., take the escalator down to Toronto PATH, we are on the other side of the food court beside a handicap ramp.

About 1 minutes walk. Walking into the building of 111 Richmond St. W., take the escalator on your left hand side down to Toronto PATH, we are 6 shops away on your right hand side.

About 8 minutes walk. Walk out queen station from south bound platform, turn left walk into the Bay. Turn right in the Bay, and keep walking straight to Thompson building, keep walking straight to Shearton Centre, and turn left. We are 6 shops away on your right hand side.

About 4 minutes walk.

About 8 minutes walk.


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 Toronto

The demand of currency exchange in Oakville is mainly from manufacturing activies, because most manufacturing business sell their products to United States and get paid by us dollars. In addition, purchasing property, vehicle, pay tutition and travel expense are supplements of the currency exchange market in Toronto. In fact, the amount of exchanging USD to CAD is much more than exchanging CAD to USD.

Currency Exchange Market of Oakville Area

Currency exchange in Oakville area is lack of competiton, since most foreign exchange dealers are in Toronto downtow or Yonge St. area.

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 Oakville - FAQ

Going to Toronto downtown will get you the best rate compare to Oakville area.

Oakville is lack of major foreign exchange dealers and it only about 40 minutes away from Toronto downtown, which most Canadian foreign exchange dealers located.

All local banks can exchange your USD to CAD, but those banks only deal with customers who have bank accounts with them.

Foreign exchange dealers can do it for you and rate is usually better than banks.

Payday loan businesses do currency exchange too, but rates are terriable.

In general, HSBC offers the best currency exchange rates amoung all other banks. Also, credit unions offer exchange rates better than banks.

We do not accept foreign coins.

As for Canadian coins, we only accept the following amounts for the following denominations:

  • Fifty dollars ($50), or the equivalent of one roll of two dollar ($2.00) coins
  • Twenty-five dollars ($25), or the equivalent of one roll of one dollar ($1.00) coins
  • Ten dollars ($10), or the equivalent of one roll of twenty-five cent ($0.25) coins
  • Five dollars ($5), or the equivalent of one roll of ten cent ($0.10) coins
  • Two dollars ($2.00), or the equivalent of one roll of five cent ($0.05) coins

We reserve the right to use our discretion for accepting Canadian coin, as outlined by the Currency Act under “Legal Tender: section 8, subsection (2)”

We provide the currency exchange service for the following areas of Oakville.

  • New Toronto

  • Mimico

  • Islington

  • New Toronto

  • The Kingsway

  • Humber Valley Village

  • Richview

  • The Queensway

  • Islington City Center West

  • Eatonville

  • Markland Wood

Historical Forex News

USD/CAD treads water near 1.3600 amid higher Crude oil prices

USD/CAD maintains its position in positive territory after paring back some gains on Monday. The pair trades higher around 1.3600 during the Asian trading session, following hawkish remarks from Federal Reserve Bank of Atlanta President Raphael Bostic on Friday.FX Street2024-03-25

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Moves Lower Despite Rising Treasury Yields

The American currency is moving lower as traders take some profits off the table near multi-week highs.FXEmpire2024-03-25

USD/CAD: The low 1.3600 zone continues to look pretty solid resistance – Scotiabank

USD/CAD gains stall around 1.3600. Economists at Scotiabank analyze the pair's outlook.FX Street2024-03-25

USD/CAD Price Analysis: Approaches 1.3600 as US Dollar advances on solid US economic outlook

The USD/CAD pair rises to 1.3570 in Friday's European session on a buoyant US Dollar. The Loonie asset is expected to continue its upside move as the appeal for safe-haven assets remains upbeat.FX Street2024-03-22

Technical Analysis – Is there stronger bullish trend for USDCAD?

USDCAD successfully recovered from a flash drop to 1.3454 and closed Thursday's session above the 50- and 200-day SMAs, maintaining its position within the short-term bullish channel. Consequently, the bulls piled in on Friday to drive the pair above the 20-day SMA and the 50% Fibonacci retracement of the November-December downtrend, which has been a key resistance zone since the start of the year.XM2024-03-22

Daily Forex News and Watchlist: CAD/CHF

CAD/CHF's pullback seems to have found a short-term bottom! Will it lead to the pair hitting new weekly highs in the next trading sessions?Babypips2024-03-22

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests New Highs Ahead Of The Weekend

Forex traders bet that other central banks may start cutting rates sooner than Fed.FXEmpire2024-03-22

USD/CAD rises to 1.3570 as US Dollar advances on firm US economic outlook

The USD/CAD pair jumps to 1.3570 in the early New York session on Friday. The Loonie asset advances as appeal for the US Dollar strengthens on expectations that the Federal Reserve (Fed) needs not to rush for rate cuts.FX Street2024-03-22

USD/CAD may retest the low 1.3600s – Scotiabank

USD/CAD's solid rebound from the mid-1.3400 area is extending. Economists at Scotiabank analyze the pair's outlook.FX Street2024-03-22

USD/CAD could head higher towards 1.3730 once a break above 1.3620 materializes – SocGen

USD/CAD rebound has stalled after approaching the December high of 1.3620. Economists at Société Générale analyze the pair's technical outlook.FX Street2024-03-22

USD/CAD drops on higher Crude oil prices, edges lower to near 1.3470

USD/CAD moves downward to near 1.3470 during the Asian session on Thursday, extending its losses for the second successive day. The Canadian Dollar (CAD) likely found support from rising Crude oil prices.FX Street2024-03-21

Daily Forex News and Watchlist: GBP/CAD

This sterling pair is closing in on a strong support zone ahead of the BOE decision. Will it bounce or break?Babypips2024-03-21

April is the CAD's best month of the calendar year against the USD – Scotiabank

Across the major currencies, the Canadian Dollar (CAD) appears to have one of the strongest seasonal reactions around this time of the year, economists at Scotiabank say.FX Street2024-03-21

USD/CAD: Loonie should profit from narrower spreads – Scotiabank

USD/CAD is steady on Thursday. Economists at Scotiabank analyze the pair's outlook.FX Street2024-03-21

USD/CAD rotates at base of rising channel

USD/CAD trades at the bottom of a multi-week range after breaking back above 1.3500 on Thursday. The pair is stabilizing after its steep sell-off following the Federal Reserve's (Fed) March policy meeting, at which officials struck a more-dovish tone than had been expected, leading to a weaker US Dollar (USD).FX Street2024-03-21

US Dollar Outlook & Market Sentiment: USD/JPY, USD/CAD, USD/CHF

This article delves into retail sentiment on the U.S. dollar across three key FX pairs: USD/JPY, USD/CAD and USD/CHF, exploring current market positioning and potential scenarios based on contrarian signals.DailyFX2024-03-21

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Moves Higher As Traders Wait For Fed Decision

USD/JPY climbed above the 151.50 level as traders remained focused on the dovish BoJ.FXEmpire2024-03-20

Technical Analysis - Is it time for USDCAD to go for a higher high?

USDCAD rose yesterday after the Canadian CPI numbers came in lower than expected. However, the pair found resistance near the key barrier of 1.3605 that's been preventing the price from moving higher since February 28, and then it pulled back.XM2024-03-20

USD/CAD: Clear push through 1.3620/1.3625 to put a retest of the low 1.3700 area on the radar – Scotiabank

The firm USD/CAD undertone persists. Economists at Scotiabank analyze the pair's outlook.FX Street2024-03-20

USD/CAD rallies after Canadian inflation data cools

The USD/CAD pair continues its rally, reaching the upper 1.3500s on Wednesday, after the release of softer-than-expected inflation data for February gives the Bank of Canada scope to ease policy in the future. FX Street2024-03-20

USD/CAD Price Analysis: Rises above 1.3550 ahead of Canadian CPI, Fed policy

The USD/CAD pair jumps to 1.3550 in Tuesday's European session after breaking above the two-day consolidation formed in a range of 1.3510-1.3550. The Loonie asset advances as uncertainty ahead of key events has dampened risk appetite of market participants.FX Street2024-03-19

USD/CAD rallies above 1.3600 on surprisingly soft Canadian Inflation, Fed policy eyed

The USD/CAD pair soars above the round-level resistance of 1.3600 in the early New York session on Tuesday. The Loonie asset strengthens as the Canadian Consumer Price Index (CPI) for February turns out surprisingly softer than expected.FX Street2024-03-19

USD/CAD Mid-Day Outlook

USD/CAD's break of 1.3605 resistance suggests that whole rise from 1.3176 is resuming. Intraday bias is back on the upside for 61.8% projection of 1.3176 to 1.3540 from 1.3419 at 1.3644 first.Action Forex2024-03-19

Technical Analysis – Is the upside corrective phase in AUDCAD over?

AUDCAD entered a sliding mode on March 12, after hitting resistance at 0.8945, slightly above the 61.8% Fibonacci retracement level of the December 18 – February 8 decline. Today, after the RBA softened its policy guidance, the pair fell below the upward sloping support line drawn from the low of February 9, but it rebounded back above it after Canada's lower-than-expected CPI numbers.XM2024-03-19

USD/CAD climbs amid a soft Canada's inflation report

The USD/CAD climbed during the North American session, though it slipped below the 1.3600 figure after data from Canada suggested the disinflationary process continued. At the time of writing, the pair exchanges hands at 1.3565 after hitting a new year-to-date (YTD) high of 1.3613.FX Street2024-03-19

USD/CAD inches higher to near 1.3540, focus on Canadian CPI, Fed policy

USD/CAD kicks off the week with its third consecutive day of gains on Monday, inching higher to near 1.3540 during the Asian trading session. The US Dollar (USD) could be bolstered by expectations that the Federal Reserve (Fed) will uphold its narrative of maintaining higher interest rates to combat inflation, which could further mitigate significant downside for the USD/CAD pair.FX Street2024-03-18

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests New Highs As NAHB Housing Market Index Beats Expectations

Treasury yields are moving higher ahead of the Fed Interest Rate Decision, which is bullish for the American currency.FXEmpire2024-03-18

USD/CAD: The domestic calendar holds some risk for the Loonie – Scotiabank

USD/CAD trades little changed. Economists at Scotiabank analyze the pair's outlook.FX Street2024-03-18

USD/CAD Price Analysis: Stabilizes above 1.3500 ahead of Canada Inflation, Fed policy

The USD/CAD pair seems comfortable above the psychological resistance of 1.3500 in the European session on Monday. The Loonie asset clings to gains amid uncertainty ahead of the interest rate decision by the Federal Reserve (Fed), which will be announced on Wednesday.FX Street2024-03-18

Technical Analysis – Is USDCAD poised for another bullish round?

USDCAD made a strong comeback on Thursday, surpassing its simple moving averages (SMAs) and breaching the 1.3500 level after encountering fresh buying around the familiar long-term line from November 2022.XM2024-03-15

Daily Forex News and Watchlist: USD/CAD

Uncle Sam is about to release a preliminary gauge of consumer sentiment! After yesterday's retail sales miss, how could the UoM index influence dollar pairs today?Babypips2024-03-15

USD/CAD rises to near 1.3540, focus shifts to the Michigan Consumer Sentiment Index

USD/CAD gains ground for the second successive session on Friday. Wednesday's hotter-than-expected US Consumer Inflation data has reduced the likelihood of the Federal Reserve (Fed) cutting interest rates soon.FX Street2024-03-15

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Moves Higher Ahead Of The Weekend

Rising Treasury yields provide additional support to the American currency.FXEmpire2024-03-15

USD/CAD Price Analysis: Exhibits strength above 1.3500 as focus shifts to Fed policy

The USD/CAD pair holds strength above the psychological support of 1.3500 in Friday's European session. The Loonie asset turns sideways after a sharp recovery, prompted by diminished market expectations for the Federal Reserve (Fed) reducing interest rates in the June policy meeting.FX Street2024-03-15

USD/CAD moves sideways amid a stable US Dollar, floats around 1.3490

USD/CAD could maintain its winning streak for the fourth consecutive session, with the pair trading higher around 1.3490 during the early European hours on Wednesday.FX Street2024-03-13

USD/CAD Price Analysis: Drops to near 1.3470 followed by the major support

USD/CAD extends its losses for the second session, edging lower to near 1.3470 during the European session on Tuesday. The cautious sentiment prevails ahead of the release of the Consumer Price Index (CPI) data from the United States (US).FX Street2024-03-12

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Moves Higher As Inflation Rate Exceeds Expectations

Forex traders bet on a more hawkish Fed after the release of disappointing inflation reports.FXEmpire2024-03-12

USD/CAD: Technical momentum is mildly bearish – Scotiabank

USD/CAD edges slightly lower. Economists at Scotiabank analyze the pair's outlook.FX Street2024-03-12

USD/CAD holds steady below 1.3500 amid weaker Oil prices, subdued USD demand

The USD/CAD pair struggles to capitalize on Friday's goodish rebound from the 1.3420 region, or a nearly one-month low and oscillates in range on the first day of a new week. The pair trades around the 1.3480 area, nearly unchanged for the day during the Asian session, and is influenced by a combination of diverging forces.FX Street2024-03-11

USD/CAD Price Analysis: Faces pressure around 1.3500 on subdued US Dollar

The USD/CAD pair faces pressure while attempting to extend recovery above the psychological resistance of 1.3500 in the European session on Monday. The Loonie asset is expected to resume its downside journey as the broader appeal for the US Dollar remains weak due to firm market expectations for the Federal Reserve (Fed) reducing interest rates in the June policy meeting.FX Street2024-03-11

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Moves Higher As Traders Prepare For CPI Data

The American currency gains some ground as traders wait for tomorrow's inflation reports.FXEmpire2024-03-11

USD/CAD may nudge a little higher in the short run – Scotiabank

USD/CAD has steadied below 1.3500. Economists at Scotiabank analyze the pair's outlook.FX Street2024-03-11