Currency Exchange Winnipeg

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47,000+ Customers

200,000+ Transactions

300 Million+ Exchanged



Since 2012

License: M11432814


Branch Information


 

Monday - Friday: 10:00 am - 8:00 pm

 

Saturday: 10:00 am - 6:00 pm

 

Sunday: 11:00 am - 6:00 pm

 

stvital@currencymart.net

Today's Forex News

USD/CAD Consolidates

The Canadian dollar has stabilised against the US dollar within the 1.390–1.380 range over the past week, as market participants assess what a fair USD/CAD rate might be, given the evolving news backdrop:Action Forex2025-04-25

USD/CAD analysis: forms a death cross ahead of Canada election

The USD/CAD exchange rate has crashed, forming a death cross pattern ahead of the upcoming Canadian election. It has plunged from a high of 1.4795 earlier this year to 1.3900.Invezz2025-04-25

USD/CAD sits near weekly top, just below 1.3900 ahead of Canadian Retail sales

The USD/CAD pair retains its positive bias through the first half of the European session on Friday and currently trades near the top end of the weekly range. Spot prices, however, remain below the 1.3900 round-figure mark and well within striking distance of a three-year low touched earlier this week.FX Street2025-04-25

U.S. Dollar Gains Ground As Michigan Consumer Sentiment Beats Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency managed to gain some ground despite falling Treasury yields.FXEmpire2025-04-25

Additional News:

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)

Location inside the Mall



About 1 minutes walk to Currency Mart


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.

Canadian Currency Exchange Market

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.

Winnipeg Currency Exchange Market

The demand of currency exchange in Winnipeg is mainly from agricultural actives, because most farmers sell their grains to United States and get payment by us dollars. In addition, purchasing property, vehicle, pay tuition and travel expense are supplements of the currency exchange market in Winnipeg. In fact, the amount of exchanging USD to CAD is much more than exchanging CAD to USD.

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 volumne for a Canadian currency exchange broker. For some province, the percentage is even higher. Currency Mart as a currency exchange dealer, we always keep USD currency in stock for customers demand.

Currency Exchange Winnipeg - FAQ

Our rates are not as same as other Winnipeg currency exchange dealers. Each dealer set up its owner currency exchange rates based on the mid-market rates and adjusted the mark up according to its inventory level and other factors. One thing for sure is since our mark up are lower than banks, the currency exchange rates we offer are better than banks.

Google or their media posts the mid-market exchange rate, which is the average number between a buy in rate and a sell out rate. The mid-market rate is a good reference number for general public to have a brief idea what the current exchange rate right now, but the mid-market rate is not the rate that the financial market is currently trading at. In addition, Google or other media posts a rate which usually is about at least 20 minutes ago. When we trade at Currency Mart, we apply up to second live rates.

If you pay attention to currency exchange rate long enough, you will have a brief idea what is happening now and you may have a sense of prediction what will happen in the next a few months. Oppositely, as a currency exchange dealer, we have no idea what will happen during the same day or even during the same week.

As a currency exchange dealer, we need adjust our exchange rates everyday in order to stay competitive. We adjust our exchange rates based on our inventory level, current trend of the particular currency, competitor's exchange rate. The general rules are described below.

  • If our current inventory level is more than desired, we will lower our rate to speed up the sales. Oppositely, if our inventory is less than ideal, we will rise our rate to slow down the sales.
  • If the current trend for a currency is going up, we need rise our exchange rate, because the replacement cost for the particular currency will be higher. Otherwise, we will reduce our rate because we will lose value anyway if we keep the currency in stock.
  • If we need speed up sales, we need set up our rate lower than competitors'.

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)”

Historical Forex News

USD/CAD Price Forecast: Trades lower near 1.3850 after retreating from nine-day EMA

The USD/CAD pair retraces its gains from the previous session, trading around 1.3850 during the European session on Thursday. Daily chart technical analysis highlights a prevailing bearish trend, with the pair continuing its descent within a well-defined descending channel.FX Street2025-04-24

CAD: Relinked with USD before elections – ING

The Canadian Dollar (CAD) has suffered much less than any other G10 currency from the USD rebound since Monday, when it had instead remained flat despite widespread rallies against the US Dollar (USD), ING's FX analyst Francesco Pesole notes.FX Street2025-04-24

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

The American currency is moving lower as Treasury yields pull back.FXEmpire2025-04-24

GBP/CAD Forecast: Pound Firms vs Loonie Dollar Amid UK Data, Falling Oil Prices

Looking ahead, the primary factor influencing the Pound Canadian Dollar exchange rate on Friday will likely be the publication of the UK's and Canada's latest retail sales. For the UK, economists are forecasting a notable drop in March's retail sales index, expecting it to fall from the previous month's 1% to -0.4%.ExchangeRates2025-04-24

USD/CAD Forecast: Loonie Holds Steady Ahead of Canadian Federal Elections

Over the past two trading sessions, the USD/CAD pair has posted a slight gain of 0.5% in favor of the U.S. dollar, although the overall bias remains bearish due to the greenback's continued weakness in recent weeks.Forexcom2025-04-24

USD/CAD steady as US Dollar dips on tariff unease and mixed data

The USD/CAD pair was seen hovering around the 1.3900 zone on Thursday, mildly lower on the day, as the US Dollar (USD) struggles to maintain momentum amid renewed tariff uncertainty and conflicting US economic signals. Despite a stronger-than-expected headline Durable Goods report, underlying data fell flat, reinforcing caution among investors.FX Street2025-04-24

USD/CAD Price Forecast: Falls back to near 1.3800

The USD/CAD pair retreats from the high of 1.3860 posted earlier in the day to near 1.3800 during European trading hours on Wednesday. The Loonie pair falls back as the US Dollar (USD) gives up initial gains despite United States (US) President Donald Trump expressing confidence on de-escalation in a trade war with China.FX Street2025-04-23

USD/CAD price analysis: Consolidation holds below 1.3900 as Fed and trade policy risks loom

The USD/CAD pair trades modestly higher around 1.3800 during Tuesday's North American session, bouncing within a tight range after testing six-month lows earlier in the week. The Canadian Dollar (CAD) is largely unchanged on the session as traders digest recent developments including fresh PMI data and cautious optimism around easing trade tensions.FX Street2025-04-23

Canadian Dollar Forecast: USD/CAD Plunges to Pivotal Trend Support

USD/CAD is attempting to snap a seven-week losing streak with price now testing a multi-year uptrend. Battle lines drawn on the Canadian Dollar weekly technical chart.Forexcom2025-04-23

USD/CAD Price Forecast: Hangs near multi-month low; seems vulnerable around 1.3800

The USD/CAD pair struggles to capitalize on the overnight bounce from the 1.3780 region, or a six-month low, and attracts fresh sellers during the Asian session on Tuesday. Spot prices drop to the 1.3800 mark in the last hour and seem vulnerable to slide further amid a broadly weaker US Dollar (USD).FX Street2025-04-22

USD/CAD maintains losses near 1.3800, six-month lows due to higher Oil prices

USD/CAD continues to slide for the second consecutive day, trading near 1.3810 during Tuesday's European session. The Canadian Dollar (CAD) gains traction, buoyed by a rebound in crude Oil prices and broader macroeconomic factors.FX Street2025-04-22

USD/CAD stalls near 1.3850 as Fed controversy fuels further weakness

The USD/CAD pair is treading water near the 1.3850 zone on Tuesday, struggling to extend its rebound after printing a fresh six-month low closer to the 1.3800 handle. The broader US Dollar remains on the defensive following two weeks of heavy losses, pressured by political risks and speculation about Federal Reserve leadership changes.FX Street2025-04-22

USD/CAD flattens around 1.3850 as US Dollar looks for firm-footing

The USD/CAD pair trades flat around 1.3850 during North American trading hours on Tuesday. The Loonie pair turns sideways after posting a fresh six-month low near 1.3800 as the US Dollar (USD) looks for a cushion after having a downside run in the last two weeks.FX Street2025-04-22

USD/CAD dips below 1.38 remain well-supported – Scotiabank

The Canadian Dollar (CAD) is little changed on the session so far, reflecting a somewhat mixed trend in the USD overall, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2025-04-22

U.S. Dollar Rebounds On Bessent's Comments: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. Treasury Secretary said that the tariff war with China was unsustainable.FXEmpire2025-04-22

USD/CAD Price Forecast: Declines to near 1.3800 as US Dollar nosedives

The USD/CAD pair slides to near 1.3800 in Monday's European session, the lowest level seen in six months. The Loonie pair slumps as the US Dollar (USD) underperforms its peers, with the Federal Reserve (Fed) under threat from United States (US) President Donald Trump.FX Street2025-04-21

USD/CAD price analysis: Dollar dips as political pressure mounts on the Fed

The USD/CAD pair continues to drift lower on Monday, trading near the 1.3800 level as the US Dollar remains on the defensive following a wave of political headlines. US President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell, accusing him of cutting rates for political reasons in late 2024.FX Street2025-04-21

U.S. Dollar Tests Multi-Year Lows As Trump Attacks Powell: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar is under strong pressure as traders focus on Trump's threats to fire Powell.FXEmpire2025-04-21

GBP/CAD Price Forecast: Advance to 1.848 Amid USD Declines

Looking forward, some potentially high-impact UK economic data this week could impact the Pound to Canadian Dollar (GBP/CAD) exchange rate. On Wednesday we have the latest PMI surveys.ExchangeRates2025-04-21

USD/CAD moves above 1.3850, upside seems restrained due to improved Oil prices

USD/CAD halts its two days of losses, trading around 1.3860 during the Asian hours. However, market activity is expected to remain subdued due to the Good Friday holiday.FX Street2025-04-18

USD/CAD Forecast: Risks Tilted Higher as BoC Offers Cautious Pause say MUFG

The Canadian dollar (CAD) strengthened modestly against a broadly weaker US dollar (USD), following the Bank of Canada's decision to hold interest rates steady—the first pause since its easing cycle began last June. This decision came despite market expectations partially pricing in a rate cut.ExchangeRates2025-04-18

GBP/USD, USD/CHF and USD/CAD Forecast – US Dollar Continues to Look for Buyers

The US dollar has been somewhat quiet on Good Friday, but as things stand at the moment, it looks like we are still looking for some kind of buying to occur in various major indices.FXEmpire2025-04-18

USD/CAD gathers strength above 1.3850 as Fed remains in wait-and-see mode

The USD/CAD pair strengthens to near 1.3885 during the early European session on Thursday. Hawkish remarks from Federal Reserve (Fed) Chair Powell and stronger Retail Sales provide some support for the Greenback.FX Street2025-04-17

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

The ECB cut the interest rate from 2.65% to 2.40%, in line with analyst consensus.FXEmpire2025-04-17

USD/CAD gives up intraday gains as USD's recovery trims

The USD/CAD pair surrenders its intraday gains and falls back to near 1.3860 during North American trading hours on Thursday. The Loonie pair retreats as intraday gains in the US Dollar (USD) have trimmed, even though United States (US) President Donald Trump has signaled that Washington is making decent progress in closing bilateral deals with Japan and Mexico.FX Street2025-04-17

USDJPY, USDCAD Analysis: Key Levels in Sight

USDCAD, USDJPY Analysis: Key levels are in sight as central bank decisions take shape, trade tensions escalate, and holidays approach — putting technical analysis in focus to navigate rising market uncertainty.Forexcom2025-04-17

USD/CAD slides back into multiyear range – Societe Generale

USD/CAD continues to trend lower after February's rejection at 1.48, breaking below the 200-DMA and slipping back into a multiyear range. While a short-term bounce emerged near 1.3825, failure to reclaim the 1.4000–1.4025 zone could reinforce the broader downtrend toward 1.3745 and beyond, Societe Generale's FX analysts report.FX Street2025-04-16

USD/CAD Price Forecast: Breaks below 1.3950 as bearish bias prevails

The USD/CAD pair slips slightly after posting gains in the previous session, trading near 1.3940 during Wednesday's Asian session. Technical analysis on the daily chart indicates a prevailing bearish trend as the pair continues to move lower within a descending channel.FX Street2025-04-16

U.S. Dollar Moves Towards Yearly Lows: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar is losing ground as traders focus on U.S. – China trade war.FXEmpire2025-04-16

USD/CAD slumps further as BoC leaves interest rates steady at 2.75%

The USD/CAD pair extends its downside below 1.3900 during North American trading hours on Wednesday. The Loonie pair weakens further as the Bank of Canada (BoC) leaves its borrowing rates at 2.75%, as expected.FX Street2025-04-16

USDCAD: a look at the chart ahead of the BoC rate decision

The BoC is expected to keep rates unchanged at 2.75% today. As a reminder, the BoC cut interest rates by 25 basis points to 2.75% as expected at the last meeting amid concerns over weaker growth ahead due to the trade uncertainty and US tariffs.Forex Live2025-04-16

USD/CAD declines to near 1.3900 ahead of BoC's monetary policy decision

The USD/CAD pair falls sharply to near 1.3900 in Wednesday's European session. The Loonie pair weakens as the US Dollar (USD) falls back after a short-recovery move on Tuesday.FX Street2025-04-16

USD/CAD: Keeping risk premium on for longer – ING

While a Bank of Canada hold is widely expected, it's the looming US-Canada trade tensions and the outcome of Canada's late-April election that may shape the CAD's path. With US growth concerns persisting and new tariff risks on the horizon, USD/CAD remains vulnerable to volatility, ING's FX analysts Francesco Pesole and Chris Turner note.FX Street2025-04-16

USD/CAD Price Forecast: Support appears at 1.3850 with potential corrective rebounds

The USD/CAD pair extends its decline for the fifth consecutive session, hovering around 1.3860 during European trading on Tuesday. Daily chart technical analysis highlights a dominant bearish trend, with the pair trending lower within a descending channel formation.FX Street2025-04-15

USD/CAD Forecast: "Risks Tilting Towards USD Losses Extending to 1.3750 or Lower"

The Canadian dollar (CAD) has reached its best level against the US Dollar (USD) since early November. Despite modest daily moves, recent consistent gains underscore CAD resilience amid multiple uncertainties.ExchangeRates2025-04-15

USD/CAD climbs to near 1.3900 as Canadian inflation cools down

The USD/CAD pair jumps to near 1.3900 during North American trading hours on Tuesday as Statistics Canada has reported that inflationary pressures cool down in March.FX Street2025-04-15

Pound Canadian Dollar Exchange Rate News: GBP/CAD Jumps as Canadian Inflation Cools

A key catalyst of movement for Pound to Canadian Dollar (GBP/CAD) exchange rate on Wednesday will be the BoC's latest interest rate decision. After cutting rates quite aggressively over the past year, the BoC is expected to hit pause this month, potentially offering some support to the ‘Loonie'.ExchangeRates2025-04-15

USD/CAD price analysis: Canadian Dollar struggles near 1.40 amid soft inflation and trade uncertainty

USD/CAD hovered near the 1.4000 zone on Tuesday, consolidating after recovering from earlier lows around the 1.3850 region. The Canadian Dollar failed to gain traction despite a cooler-than-expected inflation report for March, while traders brace for the Bank of Canada's policy decision.FX Street2025-04-15

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

U.S. Dollar Index settled above the psychologically important 100 level.FXEmpire2025-04-15

USD/CAD Price Forecast: Falls toward 1.3800 after posting fresh six-month lows

The USD/CAD pair continues its losing streak for the fourth successive session, trading near 1.3840 during early European hours on Monday. Technical analysis on the daily chart indicates a prevailing bearish bias as the pair moves downward within the descending channel pattern.FX Street2025-04-14

Pound Canadian Dollar Forecast: GBPCAD Wavers amid Continued Tariff Volatility

Looking ahead, the primary factor influencing the Pound Canadian Dollar exchange rate this week will likely be the Bank of Canada (BoC)'s upcoming interest rate decision on Wednesday. Amid Donald Trump's tariff turmoil, investors are growing increasingly confident that the central bank will need to enact a 25-basis point interest rate.ExchangeRates2025-04-14

US Dollar Index, USD/CAD, AUD/CAD Analysis: CA inflation, BOC on tap

With the BOC on alert for higher inflation, with key CPI metrics already curling higher, USD/CAD traders will keep a close eye on the latest CPI figures to drop on Tuesday. The US dollar index and USD/CAD also look set for at least a small bounce over the near term.Forexcom2025-04-14

U.S. Dollar Is Flat At The Start Of The Week: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar is swinging between gains and losses as forex traders focus on tariff news.FXEmpire2025-04-14

US Dollar Index, USD/CAD, AUD/CAD Analysis: CA inflation, BOC on tap

With the BOC on alert for higher inflation, with key CPI metrics already curling higher, USD/CAD traders will keep a close eye on the latest CPI figures to drop on Tuesday. The US dollar index and USD/CAD also look set for at least a small bounce over the near term.Forexcom2025-04-14

USDCAD collapses to fresh 2025 lows sub-1.3800

The US Dollar (USD) plummeted during European trading hours on Friday, on news indicating China announced additional tariffs on the United States (US). On Thursday, the White House confirmed tariffs on China of 145%, higher than the 125% previously estimated.FX Street2025-04-11

USD/CAD Price Forecast: Outlook remains bearish below 1.4000

The USD/CAD pair remains weak near 1.3965 during the early European session on Friday. The Greenback edges lower against the Canadian Dollar (CAD) amid persistent concerns over the global and US economies.FX Street2025-04-11

U.S. Dollar Moved Away From Yearly Lows: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. Dollar Index attempts to settle back above the 100 level amid profit-taking.FXEmpire2025-04-11

CAD grinds higher versus a weaker USD – Scotiabank

The Canadian Dollar (CAD) is getting pulled along with the broader sell-off in the USD and is notching up another decent weekly gain—its fourth on the trot and the largest since late 2022. US/Canada spreads have compressed somewhat amid all the volatility in markets but the weak USD tone is the primary driver of the CAD's rise, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2025-04-11

How will the Canadian Federal Election Impact USD/CAD?

In the upcoming Canadian Federal Election, escalating US trade tensions and shifting voter sentiments have given Mark Carney's Liberals a boost against the Conservatives - read on for the potential impact on USD/CAD!Forexcom2025-04-11

USD/CAD holds losses below 1.4100 ahead of US CPI data

USD/CAD loses ground for the second successive day, trading around 1.4090 during the European hours on Thursday. The pair loses ground as the US Dollar (USD) remains subdued ahead of the high-impact Consumer Price Index (CPI) inflation report for March set to be published on Thursday at 12:30 GMT.FX Street2025-04-10

USD/CAD Price Forecast: Seems vulnerable; could test 200-day SMA near 1.4000 mark

The USD/CAD pair attracts some sellers following an Asian session uptick to levels just above the 1.4100 mark and drops to a fresh daily low in the last hour amid a modest US Dollar (USD) downtick. Spot prices currently trade around the 1.4075-1.4070 area and seem vulnerable to weaken further.FX Street2025-04-10

USD/CAD Analysis: What's Next for the Loonie?

Over the past two trading sessions, the Canadian dollar has gained more than 1.5% against the U.S. dollar, establishing a strong short-term bullish bias.Forexcom2025-04-10

CAD holds range but USD undertone is softening – Scotiabank

There was a little confusion around the temporary roll-back of US tariffs yesterday. Canada was not included in the round of reciprocal tariffs announced on Liberation Day but Treasury Secretary Scott Bessent said the 10% baseline tariff applied to both Canada and Mexico, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2025-04-10

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

U.S. dollar tests multi-month lows as traders focus on inflation reports.FXEmpire2025-04-10