Exchanging USD/CAD at Home 24/7
Fund available As Soon As 24 Hours
USD CAD exchange only!
USD & CAD accounts required
Call for details 1-888-666-5977
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120 Adelaide St. W. #R7
Mon. - Wed. 8:30am - 6:30pm
Thu. - Fri. 8:30am - 7pm
Sat. 10am - 4pm
Sun. Close
Foreign Currency Cash Available
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47,000+ Customers
200,000+ Transactions
300 Million+ Exchanged
Branch Information
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 trims gains after Iranian media denies any attack, remains below 1.3800
USD/CAD pares its intraday gains, trading around 1.3780 during the Asian session on Friday. However, the pair received upward support as the safe-haven US Dollar (USD) gained traction following news of Israeli missiles striking a site in Iran, exacerbating tensions in the Middle East.FX Street2024-04-19USD/CAD side-steps geopolitical geopolitical volatility to trade little changed
USD/CAD is trading in the 1.3750s after edging lower on Friday. The pair has been shielded by the worst excesses of volatility witnessed in markets brought on by the escalating geopolitical situation in the Middle East.FX Street2024-04-19Technical Analysis – USDCAD puts rally on hold near 1.3800 caution zone
USDCAD attempted to re-enter the 1.3800 territory earlier today after its pullback from a five-month high of 1.3844 on Wednesday. But upside forces faded soon, forcing the price to pull back to Thursday's closing price of 1.3765.XM2024-04-19EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back As Traders Take Profits Ahead Of The Weekend
USD/JPY remains in focus as traders try to guess whether BoJ will be able to defend the key 155.00 level.FXEmpire2024-04-19Additional 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.
- Currency Mart @ York & Adelaide
- EbixCash @ Yonge & Adelaide
- Calforex @ Yonge & Queen
- TD Foreign Exchange Centre @ Bay & King
- TD Foreign Exchange Centre @ Yonge & Eglinton
- Net Exchange @ York & Queen Quay Way
- NHVN Currency Exchange @ Spadina & Sullivan
- Interchange Financial @ Yonge & Dundas
- College Currency Investments @ Yonge & College
- York Exchange @ Yonge & Bloor
- Currency Mart @ Yonge & Sheppard
- Interchange Financial @ Yonge & Finch
- New York Exchange @ Yonge & Clark
- Interchange Financial @ Yonge & Queen Quay Way
Payments Accepted
How We Pay Customers
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.
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 Etobicoke Area
Currency exchange in Etobicoke 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 in Etobicoke: A Comprehensive Guide to Rates, Services, and Tips
How many options do you have to exchange your currencies?
Currency exchange is a critical component of international travel, business transactions, and personal financial management. When it comes to currency exchange in Etobicoke, finding the best rates and reliable services is of utmost importance. This comprehensive guide aims to provide valuable insights and tips to navigate the currency exchange landscape in Etobicoke effectively. Whether you're a traveler or a local resident, understanding where to find competitive rates, trustworthy providers, and essential considerations will ensure you make the most of your currency exchange transactions. In this article, we will explore the top currency exchange options in Etobicoke, factors to consider when selecting a provider, tips for obtaining the best rates, and frequently asked questions to address any concerns you may have.
The Importance of Currency Exchange in Etobicoke
Etobicoke, as a vibrant and multicultural city, attracts a significant number of international travelers and businesses. Currency exchange plays a crucial role in facilitating smooth transactions and managing financial affairs. Understanding the significance of competitive exchange rates, reliable services, and security measures will empower you to make informed decisions when exchanging your currency in Etobicoke.
In fact, more new immigrants are settling in North Etobicoke (24.4%) than across the City of Toronto (21.6%). Of these, 33% settle in the neighbourhood of Mount Olive - Silverstone – Jamestown. Further, 24% of new immigrants settle in the neighbourhood of Kingsway Village – The Westway.
Top Currency Exchange Options in Etobicoke
This section will explore the best currency exchange options available in Etobicoke. We will discuss various providers such as banks, currency exchange bureaus, online platforms, and alternative options like specialized agencies or kiosks. Each option's advantages, disadvantages, exchange rate transparency, fees, and customer reviews will be examined to assist you in selecting the most suitable currency exchange provider.
Factors to Consider When Choosing a Currency Exchange Provider
Selecting the right currency exchange provider is crucial to ensure a seamless and reliable experience. This section will outline important factors to consider, including exchange rate competitiveness, fees and commissions, licenses and regulatory compliance, customer service, convenience, and accessibility. By evaluating these factors, you can confidently choose a provider that aligns with your specific requirements.
Tips for Getting the Best Currency Exchange Rates in Etobicoke
Obtaining the best currency exchange rates in Etobicoke requires a strategic approach. This section will provide valuable tips to optimize your currency exchange transactions. Topics covered will include monitoring exchange rate trends, selecting the optimal time to exchange currency, minimizing fees and commissions, considering alternative options, utilizing online rate comparison tools, and leveraging negotiation techniques where applicable.
Frequently Asked Questions about Currency Exchange in Etobicoke
This section will address common questions and concerns related to currency exchange in Etobicoke. Topics covered will include identification requirements, transaction limits, recommended practices for carrying and exchanging currency, exchanging large sums, and handling less common or exotic currencies. By addressing these frequently asked questions, we aim to provide clarity and guidance for a seamless currency exchange experience.
Conclusion
Currency exchange is a crucial aspect of international transactions, and finding the best rates and services in Etobicoke is essential for optimizing your financial affairs. By considering the factors discussed in this guide and implementing the provided tips, you can make informed decisions and secure competitive rates. Remember to thoroughly research different currency exchange providers, compare rates, and stay informed about market trends to ensure you receive the best value for your money. Whether you're a traveler or a local resident, the insights and tips provided in this guide will empower you to navigate the currency exchange landscape in Etobicoke with confidence.
Currency Exchange Etobicoke - FAQ
Where can I get the best exchange rate in Etobicoke?
Going to Toronto downtown will get you the best rate compare to Etobicoke area.
Etobicoke is lack of major foreign exchange dealers and it only about 40 minutes away from Toronto downtown, which most Canadian foreign exchange dealers located.
Where can I exchange USD to CAD in Etobicoke?
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.
Which bank gives the best foreign exchange rate in Etobicoke?
In general, HSBC offers the best currency exchange rates amoung all other banks. Also, credit unions offer exchange rates better than banks.
About Coins
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)”
Service Area
We provide the currency exchange service for the following areas of Etobicoke.
New Toronto
Mimico
Islington
New Toronto
The Kingsway
Humber Valley Village
Richview
The Queensway
Islington City Center West
Eatonville
Markland Wood