Currency Exchange Near Billy Bishop Toronto Airport (YTZ)
Skip the high terminal markups and foreign ATM transaction fees at Billy Bishop City Airport. Take the free 15-minute airport shuttle to Fairmont Royal York, walk 5 minutes into the underground PATH at 120 Adelaide St W, and exchange cash with zero fees on USD/CAD.
Quick Summary: Billy Bishop Airport vs. Downtown PATH Exchange
Billy Bishop Toronto City Airport (YTZ) on Toronto Island has limited foreign currency options, and terminal ATMs charge inflated foreign exchange rates plus $5 to $10 ATM access fees. In contrast, Currency Mart at 120 Adelaide St W (Richmond-Adelaide Centre) is just 2.5 km away in the Financial District. Take the free Billy Bishop express shuttle directly to the Fairmont Royal York (at Union Station), then walk 5 minutes north through the climate-controlled PATH network. On a $1,000 USD conversion, you save $80 to $130 in markup alone, with $0 transaction fees.
Flying Porter Airlines to the US or Arriving in Toronto?
Flying out to New York (Newark EWR), Boston (BOS), Chicago (MDW), or Washington (IAD)? Or just landed from a cross-border flight? Currency Mart is the top choice for Porter Airlines passengers who want physical foreign cash in hand without giving away 10% or more to airport concessionaires. We carry clean, crisp US dollar banknotes in all denominations and offer instant in-person cash exchange.
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Rate Markup Comparison: Airport Kiosks / Terminal ATMs vs. Currency Mart
Airport concessions face high lease overheads and pass those costs to passengers in wide buy/sell spreads. Here is how that markup impacts typical cash exchanges:
| Comparison Metric | Airport Terminal Kiosks & Island ATMs | Currency Mart (120 Adelaide St W, PATH) |
|---|---|---|
| Exchange Rate Markup | 8% to 15% above mid-market rate | 0.5% to 1.5% above mid-market rate |
| Exchanging $1,000 USD | Hidden margin cost: $80 to $150 CAD | Low margin cost: $5 to $15 CAD |
| Exchanging $3,000 USD | Hidden margin cost: $240 to $450 CAD | Low margin cost: $15 to $45 CAD |
| Service & Transaction Fees | $5 to $10 flat fee or non-customer ATM surcharge | $0 commission on USD/CAD cash exchanges |
| Available Physical Currencies | Mainly USD & CAD only | 70+ global currencies in physical stock |
| Denomination Selection | Fixed $20 or $100 bills from ATMs | Custom bills: choose $1, $5, $10, $20, $50, $100 |
Calculations reflect standard retail rates observed at Canadian airport terminals and non-bank ATMs compared with Currency Mart counter rates.
Transit from Billy Bishop Airport (Free Shuttle)
The complimentary Billy Bishop Airport shuttle bus connects the passenger terminal to downtown Toronto in approximately 15 minutes with zero fare.
- 1 Exit Terminal: Cross from the island terminal via the 853-foot pedestrian tunnel (6 min with moving walkways) or the 90-second ferry to the mainland pavilion at 2 Eireann Quay (foot of Bathurst St).
- 2 Board Free Shuttle: Hop on the complimentary Billy Bishop express shuttle outside the mainland pavilion curb. Shuttles depart every 15 minutes daily.
- 3 Arrive at Royal York: The shuttle drops off on York Street, right by the entrance to the Fairmont Royal York Hotel and opposite Union Station.
- 4 Walk 5 Min via PATH: Walk 1 block north on York Street to Adelaide St W, or enter the underground PATH at Royal York/Union Station heading north. Arrive at 120 Adelaide St W (Richmond-Adelaide Centre, Concourse Unit R7).
Net Savings Example ($1,000 USD)
Converting $1,000 USD to Canadian dollars:
Because the airport shuttle is completely free, your savings are 100% net cash in your pocket. On a $3,000 USD transaction, you save over $300 CAD.
Alternative Transit Options
TTC 509 Streetcar: Board at Queens Quay & Bathurst, ride 10 min to Union Station, then 5 min north via PATH.
Taxi / Uber / Lyft: 6 to 9 minutes direct from 2 Eireann Quay to 120 Adelaide St W (approx. $10 - $14).
Bike / Walking: 25-minute scenic stroll along Queens Quay and up York St into the Financial District.
Toronto PATH Underground Walkway Guide
Once the Billy Bishop shuttle drops you at Fairmont Royal York (York & Front St), you can walk to Currency Mart entirely indoors through Toronto's climate-controlled PATH network. Follow signs towards the Richmond-Adelaide Centre.
Current Counter Exchange Rates
Compare live downtown cash rates against typical airport quotes.
Live Exchange Rate
The rate can only be guaranteed at the time of transaction.
WARNING: Inventory is constantly changing.
Exchange Rate Comparison with Canadian Banks
Live Rate Comparison
Updated 8 am Weekday — Next refresh in 5:00| Currency | Currency Mart exchange | RBC bank | TD bank | BMO bank | Scotia bank |
|---|---|---|---|---|---|
| Loading rates… | |||||
Buy rate by default — CAD per 1 unit of foreign currency. Green = best rate, red = worst.
47,000+ Customers
200,000+ Transactions
300 Million+ Exchanged
Branch Information
Monday - Wednesday: 8:30 am - 4:30 pm
Thursday - Friday: 8:30 am - 4:30 pm
torontopath@currencymart.net
Customer Reviews
Based on 117 Google Reviews
Super fast super efficient . Better rates than most of the other names in Toronto DT/ financial district. Location was a bit of a find, but the person over the phone was super responsive and helpful.
$3.75 fee for each currency. Not useful if you have small changes from overseas travel.
Great place to exchange currency! I’ve came here to exchange GBP, Brazilian rials, Chilean peso, Mexican peso etc, and I’ve been given great rates and great service every time!
Frequently Asked Questions: Billy Bishop Airport Currency Exchange
Flying via Billy Bishop Airport? Visit Us in the Downtown PATH
Save up to 15% on foreign currency by stopping at our PATH counter just 5 minutes from the free Royal York shuttle stop. Call ahead to lock in your rate or reserve specific denominations.
120 Adelaide St W, Suite R7, Toronto, ON M5H 1T1 • Richmond-Adelaide Centre PATH • Monday to Friday 8:30 AM to 4:30 PM