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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 Shrugs Off Upbeat US Jobs Data

Action Forex2025-07-04

U.S. Dollar Pulls Back As Traders Stay Bearish: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Yesterday's Non Farm Payrolls report did not provide sustainable support to the American currency.FXEmpire2025-07-04

Additional News:

Too Far from You?

Travel to Winnipeg?


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: Bearish outlook remains in play near 1.3600

The USD/CAD pair recovers some lost ground to near 1.3595 during the early European session on Thursday. The potential upside for the pair might be limited as weaker AUS ADP employment numbers supported market expectations of a Federal Reserve (Fed) interest rate cut.FX Street2025-07-03

Pound Canadian Dollar Exchange Rate Forecast: GBP Falters on UK Tax Hike Concerns

Looking ahead, the Pound to Canadian Dollar (GBP/CAD) exchange rate may be able to claw back some of Wednesday's losses with the release of the UK's latest services PMI. If June's finalised figures confirm an acceleration of activity in the UK's vital services sector, it could provide a modest boost to Sterling.ExchangeRates2025-07-03

U.S. Dollar Gains Ground As Non Farm Payrolls Beat Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Traders reduce their bets on dovish Fed after the encouraging Non Farm Payrolls report.FXEmpire2025-07-03

USD/CAD Price Forecast: Trades tightly around 1.3650

The USD/CAD pair trades in a very tight range near 1.3650 during the Asian trading session on Wednesday. The Loonie trades consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) data for June for fresh cues on the Federal Reserve's (Fed) monetary policy outlook.FX Street2025-07-02

CAD steady versus USD – Scotiabank

The Canadian Dollar (CAD) is steady, losing only marginal ground against the US Dollar (USD) on the session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.FX Street2025-07-02

U.S. Dollar Tries To Rebound Despite Weak Job Market Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency gained some ground despite the weak ADP Employment Change report.FXEmpire2025-07-02

USD/CAD remains subdued near 1.3600 due to improved risk appetite

USD/CAD moves little after registering over half of a percent losses in the previous session, trading around 1.3600 during the early European hours on Tuesday. The pair may further depreciate amid improving market sentiment , driven by the news expecting the US President Donald Trump's top trade officials are scaling back their goals for comprehensive reciprocal agreements with trading partners.FX Street2025-07-01

U.S. Dollar Attempts To Rebound From Yearly Lows: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is moving higher as traders focus on the encouraging JOLTs Job Openings report.FXEmpire2025-07-01

USD/CAD rises as Fed Powell confirms data-dependent stance, strong US ISM and JOLTS data

The Canadian Dollar (CAD) is edging lower against the US Dollar (USD) on Tuesday, as traders digest the latest remarks from Federal Reserve (Fed) Chair Jerome Powell. FX Street2025-07-01

U.S. Dollar Tests Yearly Lows As Pullback Continues: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is losing ground as traders bet on dovish Fed.FXEmpire2025-06-30

Pound to Canadian Dollar Forecast: GBP Prices Surges as Oil Prices Slide

With market-moving UK economic data absent from the calendar this week, GBP/CAD may be primarily driven by oil prices and Canadian data. Canada's latest PMIs are expected to show a slight improvement in both manufacturing and services activity, although both sectors are set to remain in contraction, which may weigh on CAD.ExchangeRates2025-06-30

USD/CAD Price Forecast: Remains subdued around 1.3650 due to persistent bearish bias

The USD/CAD pair remains steady after registering over 0.50% losses in the previous session, trading around 1.3650 during the Asian hours on Friday. A persistent bearish sentiment is prevailing as the pair moves sideways within the descending channel pattern, suggested by the technical analysis of the daily chart.FX Street2025-06-27

U.S. Dollar Is Under Pressure: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is losing ground as traders stay focused on potential rate cuts from the Fed.FXEmpire2025-06-27

CAD slips back but USD gains should be capped in the upper 1.36s – Scotiabank

The Canadian Dollar (CAD) has slipped back in overnight trade but losses are marginal, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.FX Street2025-06-27

USD/CAD Price Forecast: Wobbles around 20-day EMA

The USD/CAD pair ticks down to near 1.3718 during Asian trading hours on Thursday. The Loonie pair trades slightly lower, while the US Dollar (USD) declines sharply as United States (US) President Donald Trump has reiterated threats to fire Federal Reserve (Fed) Chair Jerome Powell.FX Street2025-06-26

U.S. Dollar Tests Yearly Lows As Traders Prepare For Powell's Successor: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Recent reports indicate that Donald Trump will name Powell's successor by September or October.FXEmpire2025-06-26

USD/CAD Price Forecast: Bulls have the upper hand while above 100-period SMA on H4, near 1.3675

The USD/CAD pair builds on the previous day's bounce from the 1.3680-1.3675 area, or the weekly low, and gains some positive traction during the Asian session on Wednesday. Spot prices climb to a fresh daily high, around the 1.3730-1.3735 region in the last hour as bearish Crude Oil prices undermine the commodity-linked Loonie, through a softer US Dollar (USD) caps gain.FX Street2025-06-25

U.S. Dollar Stays Close To Yearly Lows: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar failed to gain upside momentum as traders remained cautious near yearly lows.FXEmpire2025-06-25

USD/CAD edges higher ahead of Fed Powell's remarks

The Canadian Dollar (CAD) is softening against the US Dollar (USD) on Wednesday as the currency pair attempts to break free from a consolidation phase.FX Street2025-06-25

Pound Canadian Dollar Exchange Rate Forecast: GBP/CAD Slips from Eight-Year Best

As we enter the second half of the week, we may see fresh remarks by BoE Governor Andrew Bailey drive impetus in the Pound to Canadian Dollar (GBP/CAD) exchange rate. If he maintains his hawkish outlook and continues to question expectations for an August interest rate cut, Sterling sentiment is likely to strengthen.ExchangeRates2025-06-25

USD/CAD remains supported above 1.3700 ahead of Canada's CPI release

The US Dollar retreated against its Canadian Counterpart on Monday as Trump's announcement of a ceasefire in the Middle East boosted risk appetite. The pair's reversal, however, has been capped above 1.3700 with investors awaiting Canadian inflation figures.FX Street2025-06-24

USD/CAD Price Forecast: Bearish outlook remains in play below 1.3750

The USD/CAD pair trades in negative territory around 1.3720 during the early European session on Tuesday. The Greenback weakens against the Canadian Dollar (CAD) as a ceasefire between Iran and Israel comes into effect following four waves of Iranian attacks on Israeli-occupied territories.FX Street2025-06-24

U.S. Dollar Retreats On Dovish Powell: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Fed Chair Powell noted that interest rates were modestly restrictive.FXEmpire2025-06-24

USD/CAD edges lower as Canada's inflation steadies in May

The Canadian Dollar (CAD) is reacting to the latest Consumer Price Index (CPI) data released by Statistics Canada on Tuesday, which showed inflation steadying in May.FX Street2025-06-24

GBP/USD Dips Below Support, USD/CAD Breaks Higher

Action Forex2025-06-23

USD/CAD Price Forecast: Extends winning streak amid risk-off mood

The USD/CAD pair extends its winning streak for the fifth trading day on Monday. The Loonie pair gains as demand for safe-haven assets, such as the US Dollar (USD), has increased after the direct involvement of the United States (US) into the aerial war between Israel and Iran over the weekend.FX Street2025-06-23

U.S. Dollar Retreats From Session Highs As Treasury Yields Pull Back: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency moved lower as traders focused on the strong pullback in Treasury yields.FXEmpire2025-06-23

USD/CAD strengthens as Middle East tensions support Greenback

USD/CAD is trading stronger on Monday, holding around 1.3780 after touching an intraday high of 1.3803 earlier in the session.FX Street2025-06-23

EUR/CAD Price Forecast: Holds gains above 1.5750 due to persistent bullish bias

EUR/CAD extends its winning streak for the fifth consecutive day, trading around 1.5780 during the Asian hours on Friday. Technical analysis on the daily chart indicates a strengthening bullish bias as the currency cross moves upwards within the ascending channel pattern.FX Street2025-06-20

U.S. Dollar Pulls Back Ahead Of The Weekend: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar is moving lower as traders stay focused on Middle East conflict.FXEmpire2025-06-20

USD/CAD Price Forecast: Recovers to near 20-day EMA

The USD/CAD pair extends its two-day recovery move to near 1.3710 during Asian trading hours on Thursday. The Loonie pair attracts bids as the US Dollar (USD) gains further, while Middle East tensions have escalated amid the possibility of the United States (US) striking Iran, Bloomberg reported.FX Street2025-06-19

GBP/CAD Forecast: Pound Price Muted vs Loonie Dollar following UK CPI

As we move towards Thursday, the Pound Canadian Dollar exchange rate will likely be driven by the publication of the Bank of England's upcoming interest rate decision on Thursday. As the central bank is widely expected to leave rates on hold, GBP investor attention will likely turn to the BoE's accompanying forward guidance.ExchangeRates2025-06-19

USD/CAD remains close to 1.3730 highs amid fears of a wider Middle East conflict

The USD/CAD advances for the third consecutive day on Thursday and remains steady above 1.3700 at the moment of writing, after having tested the early June highs, near the 1.3730 area earlier today. The US Dollar is one of the strongest G8 performers on Thursday, as investors rush for safe assets, amid growing fears that the US will strike Iran, bringing the Middle East conflict into a full-blown war of unforeseeable consequences.FX Street2025-06-19

U.S. Dollar Moves Higher As Traders Focus On Middle East Conflict: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar continues to move away from yearly lows.FXEmpire2025-06-19