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USD & CAD accounts required
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Mon. - Wed. 9:30am - 6:00pm
Thu. - Fri. 9:30am - 7pm
Sat. 10am - 4pm
Sun. 11am - 3pm
Foreign Currency Cash Available
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47,000+ Customers
200,000+ Transactions
300 Million+ Exchanged
Monday - Friday: 9:30 am - 6:00 pm
Saturday: 10:00 am - 4:00 pm
Sunday: 11:00am - 3:00 pm
yonge.sheppard@currencymart.net
Parking is $4 for 30 minutes. We are at L1 level
Parking Entrance at Doris & Greenfield
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.
Since the city of Fairview Mall lacks the headquarters of a nationwide company, the customers of currency exchange business are local residents, small businesses and tourists.
In Ontario, about 60% local residents are new immigrants of recent 20 years. Same figure applied to Fairview Mall too. In addition, Fairview Mall attracts more and more new immigrants every year due to the geological location and affordable housing. These new immigrant and international students bring a huge amount of capital which needs to be converted to Canadian currency.
Logistics business and restaurants are 2 major customers of currency exchange business in Fairview Mall. These 2 businesses either have customers in the United States or import goods from the United States.
Toronto Pearson Airport is located in Fairview Mall and the hotels surrounding the airport make Fairview Mall the perfect choice for tourists to stay.
The exchange amounts from a few hundreds by tourists up to 100k by small business.
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 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.
Fairview Mall is a popular shopping destination in Toronto, offering a wide range of stores, dining options, and entertainment. If you're a traveler visiting Fairview Mall from abroad, you may be in need of currency exchange services. In this article, we'll take a closer look at currency exchange at Fairview Mall, including what you need to know before you go.
Currency exchange is the process of exchanging one currency for another. This is typically done when traveling abroad, as different countries have different currencies. Currency exchange rates are determined by the market value of each currency, and can fluctuate based on a number of factors such as economic conditions and political events.
Exchange rates at Fairview Mall currency exchange locations are typically competitive, but may vary depending on the type and amount of currency being exchanged. It's a good idea to check current exchange rates before visiting the mall to ensure you're getting a fair deal.
In addition to exchange rates, currency exchange services may also charge fees for their services. These fees can vary depending on the provider, and may be a flat fee or a percentage of the total amount exchanged. Be sure to ask about any fees before exchanging your currency.
When exchanging currency at Fairview Mall, you will be required to show valid identification such as a passport or driver's license. This is to ensure that the currency exchange is being done legally and to prevent fraud.
If you're planning to exchange currency at Fairview Mall, there are a few tips that can help you get the most out of your exchange:
If you're a traveler in need of currency exchange services, Fairview Mall is a convenient and reliable option in the Toronto area. With two currency exchange locations and competitive rates, you can easily exchange your currency while enjoying all the shopping, dining, and entertainment options that Fairview Mall has to offer.
Fairview Mall is a premier shopping destination located in the North York neighborhood of Toronto, Ontario. With over 170 stores and services, Fairview Mall is a hub of activity for locals and visitors alike. In this article, we'll explore the history of Fairview Mall, its current offerings, and tips for making the most of your shopping experience.
Fairview Mall first opened its doors in 1970 as an outdoor shopping center. It was developed by the Cadillac Fairview Corporation, a real estate development company, hence the name "Fairview". In 1985, the mall underwent a major expansion, transforming it into an indoor shopping center. In 2017, another expansion project was completed, adding over 40 new stores and services to the mall.
Today, Fairview Mall is one of the largest malls in the Greater Toronto Area, attracting millions of visitors each year.
With so many stores and services, shopping at Fairview Mall can be overwhelming. Here are some tips to help you make the most of your experience: