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Currency Exchange East York

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47,000+ Customers

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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

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Today's Forex News

USD/CAD holds comfortably above 1.3900 mark amid notable USD strength

The USD/CAD pair attracts buyers for the second successive day on Monday and sticks to its modest intraday gains, around the 1.3925 region through the first half of the European session. Spot prices draw support from a combination of factors and remain within the striking distance of the highest level since October 2022 retested last week.FX Street2024-11-11

Additional News:

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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

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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 Toronto 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 East York Area

Currency exchange in East York 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 East York - FAQ

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

East York 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 East York.

  • Leaside

  • Thorncliffe Park

  • O' Connor Parkview

Historical Forex News

USD/CAD Eyes Canadian Jobs Report

The Canadian dollar has steadied on Friday after a roller-coaster week. In the European session, USD/CAD is trading at 1.3889 at the time of writing, up 0.22% on the day.Action Forex2024-11-08

Technical Analysis – USDCAD retains bullish bias above 20-day SMA

USDCAD has been developing above the 20-day simple moving average (SMA) since the bounce off the 1.3815 support level and is trying to regain ground.XM2024-11-08

USD/CAD Price Forecast: Tests nine-day EMA close to 1.3900 within an ascending channel

The USD/CAD pair gains ground to near 1.3880 during the Asian trading session on Friday. On the daily chart, the analysis shows that the pair is consolidating within an ascending channel, suggesting an ongoing bullish bias.FX Street2024-11-08

GBP/CAD Outlook: Pound to Canadian Dollar Rate Muted following BoE

The Pound (GBP) traded in a wide range against its peers on Thursday, muted against the Canadian Dollar (CAD) but down against its riskier peers whilst up against the remainder of its counterparts, following the publication of the Bank of England's latest interest rate decision. As widely expected, the BoE cut interest rates from 5%.ExchangeRates2024-11-08

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

The better-than-expected Michigan Consumer Sentiment report provided support to the American currency.FXEmpire2024-11-08

USD/CAD climbs above 1.3900 as US Dollar bounces back, Canadian job data falters

The USD/CAD pair jumps above the key resistance of 1.3900 in Friday's North American session. The Loonie asset strengthens as the Canadian labor addition data for October came in weaker than expected and the US Dollar (USD) bounces back strongly.FX Street2024-11-08

GBP/CAD Price Prediction: Rising Wedge pattern could be vulnerable to break down

GBP/CAD recovers to trade back inside its Rising Wedge pattern after temporarily falling below the lower boundary line. It remains vulnerable to a downside break.FX Street2024-11-08

USD/CAD, EUR/USD: USD Price Action After the Election & FOMC

It's been a wild week in the US Dollar and there were some major drivers behind the drive. Next week brings fresh inflation data along with retail sales, and FOMC members are free to opine on rate policy as the blackout window has been lifted.Forexcom2024-11-08

USD/CAD trades around 1.3900 after pulling back from all-time highs, awaits Fed decision

USD/CAD retreats from its all-time high of 1.3958, reached in the previous session. The pair trades around 1.3900 during the Asian hours on Thursday.FX Street2024-11-07

U.S. Dollar Retreats Ahead Of Fed Decision: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forex traders take some profits off the table after U.S. dollar's rally.FXEmpire2024-11-07

USD/CAD Price Forecast: Corrects below 1.3900 as traders brace for Fed's policy decision

The USD/CAD pair corrects below the round-level figure of 1.3900 in Thursday's North American session. The Loonie pair drops after rallying on Wednesday as the US Dollar (USD) faces some unwinding ahead of the Federal Reserve's (Fed) monetary policy decision, which will be announced at 19:00.FX Street2024-11-07

USD/CAD holds steady above 1.3850 as Fed cuts its rates, eyes on Canadian employment report

USD/CAD holds steady above 1.3850 as Fed cuts its rates, eyes on Canadian employment reportFX Street2024-11-07

USD/CAD Price Forecast: The pair keeps bullish vibe above 1.3900

USD/CAD Price Forecast: The pair keeps bullish vibe above 1.3900FX Street2024-11-06

U.S. Dollar Soars: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forex traders buy U.S. dollar as Donald Trump won U.S. presidential election.FXEmpire2024-11-06

USD/CAD returns above 1.3900 as US Dollar strengthens across the board

The USD/CAD pair recovers Tuesday's sell-off and returns above the key figure of 1.3900 in North American trading hours on Wednesday. The Loonie pair strengthens as the US Dollar (USD) looks set to register highest gains in single trading day in more than four years.FX Street2024-11-06

GBP/CAD Price Prediction: Price flirts with lower boundary line of Rising Wedge pattern

GBP/CAD falls to the lower boundary line of a Rising Wedge pattern and the level of the (red) 50-day Simple Moving Average (SMA) at about 1.7826. Rising Wedges are usually bearish patterns, however, there is no way of confirming this is such a pattern, although it looks very much like one.FX Street2024-11-06

USD/CAD extends upside to near 1.3950, Fed rate decision in focus

USD/CAD extends upside to near 1.3950, Fed rate decision in focusFX Street2024-11-06

USD/CAD depreciates toward 1.3850 amid stable Oil prices on US election day

USD/CAD extends its losses for the second successive session, trading around 1.3880 during European hours on Tuesday. The commodity-linked Canadian Dollar (CAD) might have received support from the steady Oil prices as Canada is the largest Oil exporter to the United States (USD).FX Street2024-11-05

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

The American currency is moving lower as traders focus on U.S. elections.FXEmpire2024-11-05

USD/CAD declines for second day after Kamala comeback

USD/CAD trades down by about three-tenths of a percent in the 1.3860s on the day of the US presidential election. This comes as the US Dollar (USD) weakens after a late surge in the polls for Democrat nominee Kamala Harris puts the election on a knife edge.FX Street2024-11-05

EUR/CAD Price Forecast: Two possible scenarios for EUR/CAD

EUR/CAD has two possible polar-opposite scenarios in which price could play out: 1) The pair is going higher – it has broken out from a consolidation pattern formed since August and is about to rally as it fulfills the price target for the pattern. FX Street2024-11-05

USD/CAD softens below 1.3850 as traders brace for US election results

USD/CAD softens below 1.3850 as traders brace for US election resultsFX Street2024-11-05

USD/CAD bounces back as Canadian Dollar weakens, US elections take center stage

The USD/CAD pair recovers half of its intraday losses after discovering significant buying interest around the key support of 1.3900. The Loonie asset bounces back despite the US Dollar (USD) remaining vulnerable against its major peers, suggesting sheer weakness in the Canadian Dollar (CAD).FX Street2024-11-04

USD/CAD falls to near 1.3900 amid higher crude Oil prices, US election in focus

USD/CAD offers gains from the previous two days, trading around 1.3900 during the Asian hours on Monday. The commodity-linked Canadian Dollar (CAD) receives support from the higher Oil prices, which could be attributed to the delay in a planned output increase by the OPEC+ coalition, which includes the Organization of the Petroleum Exporting Countries and its allies, such as Russia.FX Street2024-11-04

U.S. Dollar Retreats Ahead Of U.S. Elections: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forex traders continue to take profits off the table ahead of the key political event of the year.FXEmpire2024-11-04

Pound Canadian Dollar Week Ahead Forecast: GBP/CAD Rocked by UK Autumn Budget

At the time of writing, GBP/CAD traded at CA$1.8048, with Sterling having recouped all of its weekly losses. The Pound wavered at the start of the week before gaining ground on Tuesday, with GBP/CAD rising to a one-month high amid optimism surrounding the UK's Autumn Budget.ExchangeRates2024-11-04

GBP/CAD falls over one percent on Monday as markets till expect a rate cut from the BoE

GBP/CAD, which measures the purchasing power of a single Pound Sterling (GBP) in Canadian Dollars (CAD), trades in the 1.8020s on Monday, about a one percent drop from its closing price on Friday. FX Street2024-11-04

USD/CAD trades with mild losses below 1.3950, US NFP data looms

USD/CAD trades with mild losses below 1.3950, US NFP data loomsFX Street2024-11-01

Pound to Canadian Dollar Rate Firms following Lacklustre Canadian GDP

At the time of writing GBP/CAD traded at around CA$1.8059, up roughly 0.2% from Thursday's opening rate. The Canadian Dollar (CAD) struggled to garner investor attention on Thursday following the publication of Canada's latest GDP reading.ExchangeRates2024-11-01

U.S. Dollar Moves Higher After NFP Report: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The disappointing Non Farm Payrolls report did not put pressure on the American currency.FXEmpire2024-11-01

USD/CAD corrects after US NFP, remains well-supported above 1.3900

The USD/CAD pair corrects mildly to near the round-level support of 1.3900 in Friday's New York session. The Loonie asset drops after the release of the United States (US) Nonfarm Payrolls (NFP) data for October, which showed lower job additions at 12K against the estimates of 113K and the former release of 223K in September, downwardly revised from 254K.FX Street2024-11-01

USD/CAD: Little changed on the day – Scotiabank

The Canadian Dollar (CAD) is unchanged on the session, holding in the low 1.39 area just below yesterday's high which marked a virtual pinpoint retest of the August spot peak, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2024-11-01

USD/CAD rally stalls below 1.3945 ahead of the US NFP release

USD/CAD rally stalls below 1.3945 ahead of the US NFP releaseFX Street2024-11-01

EUR/USD, USD/JPY, USD/CAD: USD Price Action into the Election, FOMC

It was a strong month of October but finally, some resistance was able to hold in the US Dollar. The same 104.57 level that was in-play the week before held two additional tests after the weekly open and buyers were unable to make much ground above.Forexcom2024-11-01

USD/CAD sticks to modest gains above 1.3900 ahead of US PCE data, Canadian GDP

The USD/CAD pair attracts fresh buying on Thursday and for now, seems to have stalled its corrective pullback from the 1.3940 area, or the highest level since August 5 touched the previous day. Spot prices trade above the 1.3900 mark through the first half of the European session as traders keenly await important macro data from the US and Canada.FX Street2024-10-31

Pound Canadian Dollar (GBP/CAD) Exchange Rate Muted following UK Budget Announcement

At the time of writing GBP/CAD traded at around CA$1.8060, virtually unchanged from Wednesday's opening rate. The Pound (GBP) weakened against the majority of its peers on Wednesday following the publication of the UK's hotly anticipated Autumn Budget.ExchangeRates2024-10-31

USD/CAD Price Forecast: Struggles for firm-footing above 1.3900

The USD/CAD pair struggles to establish above the key support of 1.3900 in Thursday's North American session. A one-sided rally in the Loonie pair appears to have paused, with investors focusing on the United States (US) Nonfarm Payrolls (NFP) data for October, which will be published on Friday.FX Street2024-10-31

USD/CAD: Soft risk appetite forces a range trade – Scotiabank

The Canadian Dollar (CAD) is modestly softer on the session amid weak risk appetite but it is at least holding recent ranges, Scotiabank's Chief FX Strategist Shaun Osborne notes.   FX Street2024-10-31

Pre-NFP USD Price Action Setups: EUR/USD, USD/JPY, USD/CAD

The US Dollar has finally pulled back. But – there's now a key support level in play and tomorrow's NFP report can be a major market mover, as it's an early look at October activity in the world's largest economy.Forexcom2024-10-31

U.S. Dollar Is Flat After PCE Report: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar is swinging between gains and losses as PCE Price Index met analyst forecasts.FXEmpire2024-10-31

USD/CAD stands firm near its highest level since August, above 1.3900 mark

The USD/CAD pair trades near its highest level since August 5, around the 1.3920-1.3925 region during the Asian session on Wednesday and seems poised to prolong its recent upward trajectory witnessed over the past month or so. A combination of factors might continue to weigh on the Canadian Dollar (CAD), which, along with the emergence of some US Dollar (USD) dip-buying, validate the near-term positive outlook for the currency pair.FX Street2024-10-30

USD/CAD remains above 1.3900 near three-month highs, eyes on US GDP

The USD/CAD pair pulls back from its three-month high of 1.3929, recorded in the previous session, trading around 1.3910 during Wednesday's European session. The Canadian Dollar (CAD), tied to commodities, benefits from stronger Oil prices, as Canada remains the largest crude supplier to the United States (US).FX Street2024-10-30

USD/CAD Daily Outlook

Intraday bias in USD/CAD remains on the upside as rally from 1.3418 is in progress for retesting 1.3946/76 resistance zone. Decisive break there will confirm larger up trend resumption.Action Forex2024-10-30

Technical Analysis – USDCAD rallies near 22-month peak

USDCAD added more than 3% so far this month, posting an incredible bullish rally with no notable bearish waves. The price is currently approaching the previous 22-month high of 1.3947 with the next resistance taking place at 1.3975, achieved in October 2022.XM2024-10-30

USD/CAD Surges to 11-Week High: Can It Break Above 1.3946?

USD/CAD rises toward 1.3946, hitting an 11-week high. Can the pair sustain its bullish momentum or face resistance?InvestingCube2024-10-30

USD/CAD: Remains weak on yield spreads – Scotiabank

Near-term prospects for the Canadian Dollar (CAD) are little changed, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2024-10-30

U.S. Dollar Moves Away From Multi-Month Highs: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is moving lower as GDP Growth Rate missed analyst forecasts.FXEmpire2024-10-30

USD/CAD Price Forecast: Hesitates to break above 1.3900

The USD/CAD pair struggles to extend its rally above the round-level resistance of 1.3900 in Tuesday's European session. The rally in the Loonie pair appears to have paused for a while, with investors focusing on a string of the United States (US) economic data to be released this week.FX Street2024-10-29

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rangebound despite Disappointing UK Data

At the time of writing GBP/CAD traded at around CA$1.8028, virtually unchanged from Monday's opening rate. The Pound (GBP) struggled to garner investor attention on Monday following the publication of some below forecast domestic data.ExchangeRates2024-10-29

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

U.S. dollar is moving higher despite the weak JOLTs Job Openings report.FXEmpire2024-10-29

USD/CAD Price Forecast: Hitting resistance zone at top of multi-year range

USD/CAD reaches the top of a multi-year range and it is probable the pair will meet stiff technical resistance at these levels.FX Street2024-10-29

USD/CAD: May see a marginal technical improvement – Scotiabank

The Canadian Dollar (CAD) is marginally higher on the day so far. Slightly firmer risk appetite and a small rebound in crude oil prices are helping at the margin but, absent some real improvement in spreads, which are the drain on the CAD's performance at the moment, there is little chance of the CAD picking up much ground in the short run, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2024-10-29

Canadian Dollar Technical Forecast: USD/CAD Bulls Go For the Break

USD/CAD is attempting a fifth weekly advance the bulls threatening a major breakout today. Battle lines drawn on the weekly technical chart.Forexcom2024-10-29

USD/CAD holds below 1.3900 despite lower Oil prices

The USD/CAD pair trades with mild losses around 1.3885 on Monday during the early European trading hours. Nonetheless, the downside seems limited as the fall in crude oil prices could weigh on the commodity-linked Canadian Dollar (CAD) and create a tailwind for the pair.FX Street2024-10-28

U.S. Dollar Moves Lower: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar is losing some ground as Dallas Fed Manufacturing Index report missed analyst expectations.FXEmpire2024-10-28

USD/CAD hesitates at 1.3900 with downside attempts limited

The US Dollar is wavering below the 1.3900 level on Monday's European morning session. A somewhat softer US Dollar is weighing on the pair, although the lower Oil prices are keeping Cad recovery attempts limited.FX Street2024-10-28

USD/CAD: Little changed on the day – Scotiabank

The Canadian Dollar (CAD) is trading little changed on the day, with spot ignoring the sharp drop in crude prices—rather surprisingly, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2024-10-28

EUR/CAD Price Prediction: Extending up leg within range

EUR/CAD appears to be extending the final “c wave” of an abc “zig-zag” price pattern within the confines of a multi-month range (see chart below). FX Street2024-10-28

GBP/CAD Week Ahead Exchange Rate Forecast: Recovery from One-Week Low

GBP/CAD Bounces Off One-Week Low as UK Budget Looms The Pound Canadian Dollar (GBP/CAD) exchange rate hit a one-week low last week before bouncing back amid uncertainty ahead of the UK's Autumn Budget. At the time of writing, GBP/CAD traded at CA$1.7982, having recovered from a low of CA$1.7864 but still down 0.2% on the.ExchangeRates2024-10-28

USD/CAD Eyes August High as RSI Holds in Overbought Territory

USD/CAD extends the series of higher highs and lows from last week to keep the Relative Strength Index (RSI) in overbought territory.Forexcom2024-10-28