30 Minutes Only via Up Express Train from Terminal 1
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Mon. - Wed. 8:30am - 6:30pm
Thu. - Fri. 8:30am - 7pm
Sat. 10am - 4pm
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300 Million+ Exchanged
78 Currencies Trade
Monday - Wednesday: 8:30 am - 4:30 pm
Thursday - Friday: 8:30 am - 7:00 pm
Saturday: 10:00 am - 4:00 pm
Chart below shows a list of currency exchange me when you are at near major interactions of Toronto.
Good service but a little tricky to find. If entering from outside at the Cargill building on Graham, take the elevator to the 2nd floor and it's a few stores to the left.
Service is good and you get your money right away unlike banks that there's limit plus waiting period because they have to order some money if they don't have enough in cash.
Preordered some MXN with no issues. You can ask for specific denominations and the rate was cheaper than the bank (when pre-ordering). Very good rate compared to the peso exchange in Mexico. So be assured the rate they offer is fair. They were very quick to message me back on Google messages to arrange pick up time and confirmation that they have the order. The gentleman that assisted me the day of was professional and friendly.
Decent customer service, fair exchange rate, they carry some exotic currencies that you can't find elsewhere, glad they got COP for me and even offered me discount rate. Thanks!
They have really good rates compare to other currency exchange services in Winnipeg. Very helpful staff and I always prefer to go here for currency exchange because of great rates.
great rates, also they carry lots of currencies that you cannot find elsewhere in town.
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 Sheraton 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
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.
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.
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.
The demand of currency exchange in Toronto is mainly from manufacturing activities, 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.
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 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 urrency exchangec 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.
Exchange money from a reputable foreign exchange dealer is a way to same money, but the drawback is customers need to find out which foreign exchange dealer is a money saver. This is a little bit easy for people in their own city, but when people in their travel destination city, the answer is not that obvious. Here is a few tips how to find a reputable foreign exchange dealer.
Those foreign exchange kiosks in airports, hotels, and tourist hotspots target tourist as customers and offer convenient but expensive foreign exchange solution. For exchange amount over $500, avoid those kiosks is a better option.
Google search is really accruate. The No. 1 foreign exchange dealer in the search result is usually the best in that area. Please watch for "ad" symbol, becasue the result with "ad" symbol is a paid search result, not from generic ranking.
Google review is a really useful information tool to let you know the dealer before deal with them. Please read through reviews, especially the negative reviews. Some reviews are faked by business owners but are so easy to identified. The scenario of generic review is so rare, so you can tell this was real happened when you read it.
Talk to the dealer which you would like to deal with. Get the answers about exchange rate, payment accepted, denominations available.
Currency Exchange Toronto Downtown Currency Mart is about 2 blocks west of Yonge and Adelaide, right at the interaction of York and Adelaide.
Located at the center of Toronto financial core, Currency Exchange Toronto Downtown Currency Mart services people who works in office building north of the Union Station, west of Yonge St., east of University Ave. and south of Dundas St.
In addition to working population, our downtown location also the first choice for residents of waterfront community, west of University Ave.
Most customers from this area are working populations in the fields of finaace, law, accounting.
From a few hundreds to a few thousands.
Currency Exchange Toronto Downtown Currency Mart is about 2 blocks west, 1 block south of Eaton Shopping Centre, right at the interaction of York and Adelaide.
Located at the center of Toronto financial core, Currency Exchange Toronto Downtown Currency Mart services people who visit Toronto downtown.
Up to a few hundreds.
Currency Exchange Toronto Downtown Currency Mart is about 2 blocks south of Yonge and Dundas, 2 blocks west of Yonge and Adelaide.
Located in Richmond-Adelaide Centre, Currency Exchange Toronto Downtown Currency Mart services tourist who shop near Eaton Shopping Centre area.
In addition to tourists, our downtown location also the first choice for residents of Yonge St.
Most customers from this area are tourists and mixed with some working people, local residents and international students
A few hundreds
Currency Exchange Toronto Downtown Currency Mart is about 3 blocks south of Yonge and College, 2 blocks west of Yonge and Adelaide.
International students are our major customers. We are on their way between school and home.
Most customers from this area are international students
A few thousands.
Currency Exchange Toronto Downtown Currency Mart is about 4 blocks south of Yonge and College, 2 blocks west of Yonge and Adelaide.
Most customers from this area are local residents
Thousands to 100K
Currency Exchange Toronto Downtown Currency Mart is about 5 blocks south of Yonge and College, 2 blocks west of Yonge and Adelaide.
There is no currency exchange business establishment in this area. The best option is toronto downtown and the closest option is Yonge and Bloor
Most customers from this area are local residents.
Thousands to 100K
When you're traveling to a foreign country, exchanging your currency is a necessary task that you need to do to ensure you have money to spend. However, where you exchange your money can make a big difference in terms of the exchange rates, fees, and convenience. One common option that many travelers consider is exchanging currency at the airport. In this article, we'll explore the pros and cons of exchanging currency at the airport and whether it's a good idea.
One of the biggest advantages of exchanging currency at the airport is convenience. When you arrive at the airport, you don't need to go out of your way to find a currency exchange office. Instead, you can easily locate one inside the terminal, often in the arrivals area. This can be especially useful if you're arriving late at night or early in the morning when other currency exchange options may be closed.
Another benefit of exchanging currency at the airport is that you can get immediate access to cash. This can be useful if you need to pay for a taxi or other expenses right away. You won't need to wait until you find another currency exchange office or ATM to withdraw cash.
When you exchange currency at the airport, you're likely to be dealing with a reputable company that you're familiar with, such as Travelex or American Express. This can give you peace of mind that you're not being scammed or dealing with an unreliable company.
One of the main drawbacks of exchanging currency at the airport is that the exchange rates are often poor. Airport currency exchange offices know that travelers are in a rush and may not have time to shop around for the best rates. As a result, they may offer unfavorable rates that are significantly lower than the rates offered by banks or other currency exchange providers.
In addition to poor exchange rates, airport currency exchange offices may also charge high fees and commissions. This can eat into the amount of money you receive when you exchange your currency. For example, some airport currency exchange offices may charge a flat fee or a percentage of the transaction amount. These fees can quickly add up, especially if you're exchanging a large amount of money.
Another disadvantage of exchanging currency at the airport is that the currency options may be limited. While you'll likely be able to exchange major currencies such as US dollars or euros, you may not be able to exchange less common currencies or currencies from smaller countries. This can be a problem if you're traveling to a country with a less common currency, as you may not be able to exchange your money at the airport.
One alternative to exchanging currency at the airport is to use a bank. Many banks offer currency exchange services, and their exchange rates are often better than those offered at the airport. You may also be able to avoid fees if you have a bank account with the same bank or if you're a member of a credit union.
Another option is to use local currency exchange providers. These can include exchange offices, money changers, or even small businesses that offer currency exchange services. These providers may offer better exchange rates and lower fees than airport currency exchange offices. However, it's important to do your research and ensure that you're dealing with a reputable provider.
Finally, you can use credit and debit cards to withdraw cash or make purchases while traveling.
The amount of money that you can save by not exchanging currency at the airport can vary depending on several factors, such as the amount of money you're exchanging, the currency you're exchanging, and the exchange rates offered by the airport currency exchange office versus other providers. However, as a general rule, you can save between 5% and 15% by not exchanging currency at the airport.
For example, let's say you're traveling from the United States to Europe and you need to exchange $1,000 US dollars for euros. At the airport currency exchange office, you may receive an exchange rate of 0.85 euros per US dollar, meaning you'll receive 850 euros for your $1,000. However, if you use a bank or specialized currency exchange provider, you may be able to receive an exchange rate of 0.89 euros per US dollar, meaning you'll receive 890 euros for your $1,000. This is a difference of 40 euros, or approximately 4.7%.
While 4.7% may not seem like a lot, it can add up if you're exchanging larger amounts of money or traveling frequently. For example, if you're exchanging $5,000, you could save approximately $235 by not using the airport currency exchange office. Furthermore, if you travel frequently and exchange currency multiple times per year, these savings can add up significantly over time.
It's worth noting that the exact amount of money you can save by not exchanging currency at the airport will depend on several factors, including the exchange rates and fees charged by different providers. Therefore, it's always a good idea to compare exchange rates and fees across different providers before making a decision on where to exchange your currency.
Exchanging currency at the airport can be expensive for several reasons:
Overall, exchanging currency at the airport can be more expensive than exchanging currency at other locations due to the factors mentioned above. However, travelers may be willing to pay a premium for the convenience of exchanging currency at the airport, especially if they only need to exchange a small amount of money or if they need immediate access to cash upon arrival.