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120 Adelaide St. W. #R7

Mon. - Wed. 8:30am - 6:30pm

Thu. - Fri. 8:30am - 7pm

Sat. 10am - 4pm

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Currency Exchange Scarborough

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Today's Forex News

USD/CAD hits fresh three-month highs above 1.3900, focus on Fed Powell's speech

USD/CAD remains stronger for the fourth successive session, reaching a three-month high at 1.3915 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) gains ground amid easing odds of a Federal Reserve (Fed) interest rate cut in September.FX Street2025-08-22

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

Cash
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 Scarborough Area

Currency exchange in Scarborough 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 Scarborough: Your Ultimate Guide to Rates, Services, and Tips

Currency exchange is a vital aspect of international travel, business transactions, and personal financial management. When it comes to currency exchange in Scarborough, finding the best rates and reliable services is crucial. This comprehensive guide aims to provide you with valuable insights and tips to navigate the currency exchange landscape in Scarborough effectively. Whether you're a traveler or a local resident, understanding where to find competitive rates, trustworthy providers, and essential considerations will ensure you get the most out of your currency exchange transactions. In this article, we will cover the top currency exchange options in Scarborough, factors to consider when selecting a provider, tips for obtaining the best rates, and frequently asked questions to address any concerns you may have.

Scarborough, as a diverse and multicultural city, attracts a significant number of international travelers and businesses. Currency exchange plays a pivotal role in ensuring smooth transactions and financial management. Understanding the importance of competitive exchange rates, reliable services, and security measures will help you make informed decisions when exchanging your currency in Scarborough.

This section will explore the best currency exchange options available in Scarborough. 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 choosing the right currency exchange provider.

Selecting the right currency exchange provider is essential to ensure a smooth and reliable experience. This section will outline crucial factors to consider, including exchange rate competitiveness, fees and commissions, licenses and security measures, customer service, convenience, and location accessibility. By evaluating these factors, you can confidently choose a provider that meets your specific needs.

Getting the best currency exchange rates in Scarborough requires a strategic approach. This section will provide you with valuable tips to optimize your currency exchange transactions. Topics covered will include monitoring exchange rate trends, choosing the optimal time to exchange currency, minimizing fees and commissions, considering alternative options, utilizing online rate comparison tools, and negotiating rates when feasible.

This section will address common questions and concerns related to currency exchange in Scarborough. 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.

Currency exchange is a vital aspect of international transactions, and finding the best rates and services in Scarborough is essential for optimizing your financial transactions. By considering the factors discussed in this guide and utilizing 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 Scarborough with confidence.

Currency Exchange Scarborough

Currency exchange is an important aspect of international business and travel. Whether you are traveling to another country, buying or selling goods or services internationally, or simply exchanging money for personal reasons, finding a reliable currency exchange service is essential. For those living in or traveling to Scarborough, Canada, it is important to know where to find the best currency exchange services in the area. In this article, we will provide an overview of the currency exchange market in Scarborough, including the top currency exchange services in the area.

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

One of the key factors that distinguish currency exchange providers in Scarborough is their exchange rates. Exchange rates are the prices at which one currency can be exchanged for another, and they can vary widely between different providers. Some providers offer better rates than others, which can result in significant savings for those exchanging large amounts of money.

Top Currency Exchange Services in Scarborough

  • Continental Currency Exchange is one of the most well-known currency exchange providers in Scarborough. With multiple locations throughout the city, they offer a wide range of currencies at competitive exchange rates. They also offer a variety of other financial services, including wire transfers, foreign drafts, and money orders. Continental Currency Exchange has a reputation for excellent customer service, and they are open seven days a week to accommodate customers' needs.
  • Interchange Financial is another popular currency exchange provider in Scarborough. They offer competitive exchange rates and a wide range of currencies, as well as other financial services like wire transfers and prepaid cards. Interchange Financial has been operating in Canada since 1996 and has a reputation for reliable and efficient service.
  • Calforex Currency Exchange has two locations in Scarborough and offers a variety of currencies at competitive exchange rates. They also offer other financial services, including wire transfers, foreign drafts, and traveler's cheques. Calforex Currency Exchange has a reputation for fast and efficient service, and they are open seven days a week to accommodate customers' needs.
  • TD Canada Trust is a popular bank in Canada that also offers currency exchange services. While their exchange rates may not always be the most competitive, they offer a wide range of currencies and the convenience of being able to exchange money at a bank branch. They also offer other financial services, including wire transfers and foreign drafts.
  • Global Currency Services is a smaller currency exchange provider in Scarborough that offers competitive exchange rates and a wide range of currencies. They also offer other financial services, including wire transfers and traveler's cheques. Global Currency Services has a reputation for friendly and efficient service, and they are open seven days a week to accommodate customers' needs.

In conclusion, finding a reliable currency exchange provider in Scarborough is essential for those traveling internationally or conducting business with foreign entities. The top currency exchange providers in the area offer competitive exchange rates, a wide range of currencies, and other financial services to meet the needs of customers. Whether you choose Continental Currency Exchange, Interchange Financial, Calforex Currency Exchange, TD Canada Trust, or Global Currency Services, you can be confident that you are getting

Scarborough is a vibrant and diverse community located in the eastern part of Toronto, Ontario. With a population of over 650,000 people, Scarborough is one of the most populous areas in Toronto and is home to people from all walks of life. In this article, we will explore the history, culture, attractions, and lifestyle of Scarborough, providing a comprehensive guide to this exciting neighborhood.

  • History: Scarborough was originally a collection of rural villages and farmland, but it began to develop into a suburban community in the 1950s and 60s as Toronto's population began to grow rapidly. In 1998, Scarborough was amalgamated with the City of Toronto, becoming one of its six boroughs. Today, Scarborough is a diverse and multicultural community, with a rich history that is reflected in its architecture, landmarks, and cultural events. Visitors can explore the area's history by visiting local museums, galleries, and historical sites, such as the Scarborough Historical Museum and the Guild Inn Gardens.
  • Culture: Scarborough is home to a vibrant and diverse cultural scene, with a range of events, festivals, and artistic activities that showcase the area's multicultural heritage. The Scarborough Arts Council is an important organization in the area, supporting local artists and promoting the arts in the community. One of the most popular cultural events in Scarborough is the Scarborough Afro-Caribbean Festival, which takes place each summer and celebrates the music, food, and culture of the African and Caribbean communities in the area. The Scarborough Ribfest is another popular event, featuring live music, carnival rides, and, of course, delicious barbecued ribs.
  • Attractions: Scarborough is home to a range of attractions that appeal to visitors of all ages and interests. For those interested in outdoor activities, there are several beautiful parks in the area, including Rouge Park, which is the largest urban park in North America. The Toronto Zoo is also located in Scarborough, offering visitors the chance to see a wide range of animals from around the world. For those interested in shopping, Scarborough is home to several large shopping malls, including Scarborough Town Centre, which features over 250 stores, restaurants, and entertainment venues. The Agincourt Mall is another popular shopping destination, featuring a variety of stores and restaurants.
  • Lifestyle: Scarborough is a diverse community with a high quality of life. The area is known for its safe neighborhoods, good schools, and affordable housing, making it an attractive place to live for families and young professionals alike. In addition to its many parks and outdoor spaces, Scarborough is also home to several community centers, offering a range of activities and programs for residents of all ages. The Birchmount Community Centre, for example, features a swimming pool, fitness center, and sports facilities, as well as a range of programs and activities for children and adults.

In conclusion, Scarborough is a vibrant and diverse community with a rich history, vibrant culture, and a range of attractions and activities to suit visitors of all ages and interests. Whether you are interested in exploring the area's history and cultural heritage, enjoying the outdoors, or simply relaxing and enjoying the community's many amenities, Scarborough has something to offer everyone.

Historical Forex News

USD/CAD Price Forecast: Testing key resistance at the 1.3880 area  

USD/CAD Price Forecast: Testing key resistance at the 1.3880 area  FX Street2025-08-21

USD/CAD rises to fresh three-month highs near 1.3900

USD/CAD continues to gain ground for the second successive day, trading around 1.3870 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) gains ground ahead of the US Federal Reserve's (Fed) Minutes for the July meeting.FX Street2025-08-20

U.S. Dollar Pulls Back As Trump Says Fed's Cook Must Resign: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Fed's Cook may be investigated for potential fraud over a pair of mortgages.FXEmpire2025-08-20

USD/CAD is pushing against multi-month highs at 1.3880  

The US Dollar extends gains against its Canadian Counterpart on Wednesday, with price action pushing against the 1.3880 level, where the pair was capped on August 1. Intra-day charts show some hesitation at current levels, but technical indicators are pointing higher, suggesting the possibility of further appreciation.FX Street2025-08-20

USD/CAD holds above 100-day SMA; looks to build on strength beyond 1.3800

The USD/CAD pair climbs back above the 1.3800 mark during the Asian session on Tuesday, though it lacks bullish conviction and remains below an over two-week high touched the previous day. Moreover, a combination of diverging forces might hold back traders from positioning for any meaningful appreciating move for spot prices.FX Street2025-08-19

U.S. Dollar Gains Ground As Housing Starts Beat Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is moving higher despite falling Treasury yields.FXEmpire2025-08-19

USD/CAD rebound extends beyond key trend line – Société Générale

USD/CAD has reinforced its recovery after bottoming near 1.3535 in June, breaking above a multi-month trend line and the 50-day average. With the MACD back in positive territory and short-term support at 1.3700, the pair is positioned to test higher levels toward 1.3910 and the May peak near 1.4000/35, Société Générale's FX analysts note.FX Street2025-08-19

Pound Canadian Dollar Week Ahead Forecast: GBP Price at Six-Week Best on BoE Bets

Looking forward, this week brings the latest consumer price indexes from both Canada and the UK. First up, Canada's CPI on Tuesday is forecast to show that inflation edged slightly higher in July, from 1.9% to 2%.ExchangeRates2025-08-18

U.S. Dollar Rebounds As Treasury Yields Rise: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. Dollar Index climbed back above the 98.00 level.FXEmpire2025-08-18

EUR/CAD corrects to near 1.6100 as Euro underperforms across the board

The EUR/CAD pair retraces to near the round-level figure of 1.6100 during Monday's European trading session after posting a fresh seven-year high around 1.6187 in early Asian trading hours. The pair corrects as the Euro (EUR) underperforms its peers, with investors awaiting the meeting between United States (US) President Donald Trump, Ukrainian President Volodymyr Zelenskyy, and a few NATO members at the White House during the day.FX Street2025-08-18

USD/CAD tests levels below 1.3800 with geopolitics in focus

The Canadian Dollar is going through a mild pickup for the second consecutive day against the US Dollar, bringing the USD/CAD pair to test levels below 1.3800 round level. Markets are choppy on Monday with all eyes on a Trump-Zelensky meeting, which is likely to show significant differences on the conditions for a peace deal in Ukraine.FX Street2025-08-18

U.S. Dollar Retreats As Michigan Consumer Sentiment Misses Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is losing ground as traders react to the weaker-than-expected Consumer Sentiment data.FXEmpire2025-08-15

USD/CAD pulls back below 1.3800 ahead of US retail Sales data

USD/CAD pulls back below 1.3800 ahead of US retail Sales dataFX Street2025-08-15

USD/CAD struggles near 1.3750 as Fed rate cut bets, Oil supports Canadian Dollar

USD/CAD remains subdued for the third successive day, trading around 1.3760 during the Asian hours on Thursday. The pair struggles as the US Dollar (USD) loses ground amid rising odds of further rate cuts by the US Federal Reserve (Fed).FX Street2025-08-14

U.S. Dollar Rallies As PPI Beats Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency gained upside momentum as traders reduced bets on dovish Fed.FXEmpire2025-08-14

USD/CAD bounces up to 1.3780 amid a moderate US Dollar recovery

The Canadian Dollar is trading lower against its US peer on Thursday. The US Dollar has shrugged off investors' hopes of Fed easing and Treasury Secretary Bessent's pressure on the US Central bank and is featuring a moderate recovery ahead of the US PPI data release.FX Street2025-08-14

USD/CAD remains limited below 1.3800, Loonie lacks bullish momentum

The Canadian Dollar is drawing some support from the generalised US Dollar weakness, as the moderate US inflation figures seen on Tuesday boosted expectations of Fed monetary easing in September. The pair, however, remains within previous ranges, as the Loonie lacks upside momentum.FX Street2025-08-13

U.S. Dollar Retreats As Bessent Says Fed Should Cut Rates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forex traders believe that Fed will cut rates at the next meeting in September.FXEmpire2025-08-13

USD/CAD hovers below 1.3800 amid improved Oil prices ahead of US inflation data

USD/CAD stays silent after registering gains in the previous three consecutive days, trading around 1.3780 during the Asian hours on Tuesday. The pair may face challenges as the commodity-linked Canadian Dollar (CAD) receives support from improved crude Oil prices.FX Street2025-08-12

EUR/CAD Price Forecast: Wobbles above 1.6000 ahead of Eurozone ZEW Survey data

The EUR/CAD pair trades in a tight range around 1.6020 during the late Asian trading session on Tuesday. The pair consolidates ahead of the Eurozone EW Survey – Economic Sentiment data for August, which will be published at 09:00 GMT.FX Street2025-08-12

U.S. Dollar Retreats As Inflation Rate Misses Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is under pressure as Inflation Rate remained unchanged at 2.7% in July.FXEmpire2025-08-12

CAD holds range below USD resistance in the low 1.38s – Scotiabank

The Canadian Dollar (CAD) is little changed in quiet trade as markets await US data, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.FX Street2025-08-12

USD/CAD crawls higher, approaches 1.3800 ahead of the US CPI release

The Canadian Dollar remains on its back foot against a slightly firmer US Dollar, weighed by the low Oil, which keeps the USD/CAD pair on track for a four-day winning streak, with all eyes on the US CPI reportFX Street2025-08-12

GBP/CAD rising towards 1.8830 as UK jobs and GDP awaited

GBP/CAD built on last week's strong rebound as trading opened this week, with technical signals pointing to a retest of the recent high at 1.8830 as next step. The near-term direction will hinge partly on UK data, with employment figures due Tuesday and June GDP on Thursday.Action Forex2025-08-11

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

The American currency is moving higher as traders prepare for CPI data, which will be released tomorrow.FXEmpire2025-08-11

USD/CAD Price Forecast: Stabilizes above 20-day EMA around 1.3770

The USD/CAD pair trades marginally higher around 1.3770 during the European trading session on Monday. The Loonie pair ticks up, while the US Dollar (USD) trades sideways, with investors awaiting the announcement of the United States (US) Consumer Price Index (CPI) data for July, which will be published on Tuesday.FX Street2025-08-11

Pound to Canadian Dollar Rate Week Ahead: UK GDP, Jobs Data, BoC Minutes

The Pound to Canadian Dollar (GBP/CAD) exchange rate extended its rally last week, fuelled by a surprisingly hawkish tone from the Bank of England's (BoE) latest policy decision. Sterling's gains came as oil price weakness dragged on the Canadian Dollar, setting the stage for another potentially volatile week in the currency pair.ExchangeRates2025-08-11

Pound Canadian Dollar Exchange Rate Forecast: GBP/CAD Hits Fresh One-Month Best

On Tuesday, attention turns to the UK's latest labour market data, a release that could prove pivotal for Sterling. The health of the jobs market remains a crucial factor for the Bank of England's policy outlook.ExchangeRates2025-08-11

USD/CAD Forecast: Rabobank Sees Canadian Dollar Strength as Rate Gap Narrows

Foreign exchange forecasters at Rabobank expect the US-Canada interest rate spread to become the dominant driver of the USD/CAD exchange rate as monetary policy paths diverge. “We believe that USD/CAD will come to be dominated by the US-CA rate differential as the Fed picks up its cutting cycle in 2026, at which point the Bank of Canada.ExchangeRates2025-08-08

U.S. Dollar Moves Higher As Treasury Yields Rise: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. Dollar Index stabilized above the 98.00 level.FXEmpire2025-08-08

USDCAD Rises from a Weak Canadian Employment Data

The data which came at -40.8K vs 13.5K expected , takes out half of the past month's upwards surprise (+83K) and looking at the detail, full-time employment saw the most regression (-51K) while part-time employment rose by a small margin.Action Forex2025-08-08

USD/CAD Price Forecast: Holds 20-day EMA around 1.3730 ahead of Canadian employment data

The USD/CAD pair trades in a tight range around 1.3730 during the European trading session on Friday. The Loonie pair consolidates as investors await the Canadian labor market data for July, which will be published at 12:30 GMT.FX Street2025-08-08

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

The American currency attempts to gain upside momentum after yesterday's sell-off.FXEmpire2025-08-07

CAD rebound versus USD steadies in low 1.37s – Scotiabank

The Canadian Dollar (CAD) is marginally higher on the session but is lagging its G-10 commodity peers somewhat, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.FX Street2025-08-07