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

EURCAD Analysis: Bullish Sequence Extends From Blue Box

Hello traders. Here is another blue box blog post.Action Forex2025-07-25

U.S. Dollar Gains Ground As Rebound Continues: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency moved higher as Durable Goods Orders exceeded analyst estimates.FXEmpire2025-07-25

USD/CAD rallies to 1.3680 as the market focuses on a hawkish Fed

The US Dollar is rallying for the second day in a row against a weaker Canadian Dollar. The strong US business activity and Jobless claims figures have given further reasons to the Fed to keep rates on hold next week, which has sent US Yields and the US Dollar higher.FX Street2025-07-25

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 remains depressed near 1.3600 ahead of US PMI, Jobless Claims data

USD/CAD remains depressed near 1.3600 ahead of US PMI, Jobless Claims dataFX Street2025-07-24

U.S. Dollar Gains Ground As Composite PMI Beats Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The better-than-expected Composite PMI report provided support to the American currency.FXEmpire2025-07-24

Pound to Canadian Dollar Exchange Rate Forecast: GBP Muted despite Disappointing UK Services PMI

Looking ahead to Friday's session, the Pound Canadian Dollar exchange rate (GBP/CAD) will likely be driven by the publication of the UK's own retail sales index. June's index is expected to rebound, forecast to rise from a previous reading of -2.7% up to 1.2%.ExchangeRates2025-07-24

USD/CAD returns below 1.3600, with YTD lows, at 1.3540 coming into view

The US Dollar extends its decline for the fourth consecutive day, with the Canadian Dollar supported by a brighter market mood, as the trade deal between the US and Japan provided some certainty about the outlook of global trade and boosted hopes of more such deals. USD/CAD has extended its downtrend to levels below 1.3600.FX Street2025-07-23

USD/CAD edges higher as US-Japan trade deal offers support to US Dollar

USD/CAD is trading slightly higher on Wednesday, hovering just above the 1.3600 level, as a US-Japan trade agreement offers the Greenback some short-term relief.FX Street2025-07-23

CAD extends gains on soft USD – Scotiabank

The Canadian Dollar (CAD) is trading a little firmer in overnight trade, extending progress made yesterday amid a broader slide in the US Dollar (USD) to push under 1.36, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.FX Street2025-07-23

U.S. Dollar Stabilizes As Traders Focus On Trade Deals: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forex traders wait for the potential trade deal between the U.S. and the EU as August 1 deadline looms.FXEmpire2025-07-23

USD/CAD Price Forecast: Tests nine-day EMA barrier near 1.3700

USD/CAD gains ground after two days of losses, trading around 1.3690 during the early European hours on Monday. However, the bearish bias persists as the daily chart's technical analysis indicates that the pair moves sideways within the descending channel pattern.FX Street2025-07-22

U.S. Dollar Retreats As Traders Bet On Dovish Fed: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency remains under pressure as U.S. President Trump puts pressure on Fed Chair Powell.FXEmpire2025-07-22

GBP/USD Dips Further While USD/CAD Consolidates Gains

On the hourly chart of GBP/USD at FXOpen, the pair struggled above the 1.3600 zone. The British Pound started a fresh decline below the 1.3550 pivot level against the US Dollar, as discussed in the previous analysis.Action Forex2025-07-21

Pound Canadian Dollar Exchange Rate Forecast: 1.84 Today, Where Next?

Looking ahead to this week, the Pound Canadian Dollar exchange rate (GBP/CAD) will likely be driven by the release of a duo of significant data releases from the UK, Thursday's preliminary PMI readings for July and Friday's retail sales figures for June. Private sector activity is expected to remain in growth territory, with both.ExchangeRates2025-07-21

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

Falling Treasury yields put pressure on the American currency.FXEmpire2025-07-21

USD/CAD consolidates above 1.3700 on cautious markets with tariff fears looming

The US Dollar ticks up against the Canadian Dollar on Monday, with risk appetite subdued as Trump's tariffs deadline approaches. In Canada, Producer and Import Price figures and the BoC Business Outlook Survey will guide the Loonie.FX Street2025-07-21

USD/CAD pressured as Fed Waller's dovish stance impacts US Dollar

The Canadian Dollar (CAD) is trading higher against the US Dollar (USD) on Friday as markets focus on dovish comments from Fed Governor Waller.FX Street2025-07-18

USD/CAD trades lower around 1.3720 as US Dollar retraces

The USD/CAD pair is down 0.25% to near 1.3725 during the European trading session on Friday. The Loonie pair faces a slight selling pressure as the US Dollar (USD) retraces after failing to extend its two-week rally.FX Street2025-07-18

USD/CAD trades with negative bias below mid-1.3700s, lacks bearish conviction

The USD/CAD pair drifts lower during the Asian session on Friday and moves away from a three-and-a-half-week high, around the 1.3775 region touched the previous day. Spot prices, however, lack bearish conviction and trade just below mid-1.3700s, down less than 0.10% for the day.FX Street2025-07-18

U.S. Dollar Rebounds From Session Lows As Michigan Consumer Sentiment Beats Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The better-than-expected Consumer Sentiment report provided support to the American currency.FXEmpire2025-07-18

USD/CAD retakes 1.3700, eyes multi-week top amid a broadly firmer USD

The USD/CAD pair attracts some dip-buying during the Asian session on Thursday and climbs further beyond the 1.3700 mark amid a broadly firmer US Dollar (USD). Spot prices have now reversed the previous day's retracement slide from a three-week high and seem poised to appreciate further.FX Street2025-07-17

U.S. Dollar Rebounds From Session Lows As Trump Says He Does Not Plan To Fire Powell: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency found itself under pressure amid reports indicating that Trump could soon fire the Fed chief.FXEmpire2025-07-16

USD/CAD remains steady above 1.3700 ahead of US PPI data

The US Dollar is trading practically flat near 1.3720 against the Canadian Dollar on Wednesday, with downside attempts limited above 1.3700 and on track to close a four-day winning streak, as hotter US inflation figures have hammered hopes of Fed cuts in the near-termFX Street2025-07-16

GBP/CAD Forecast: Pound Price Wavers vs Loonie Despite Hotter UK Inflation

Looking forward, the UK's latest labour market overview is the focus. After BoE Governor Bailey's comments earlier in the week, GBP investors will be particularly sensitive to the jobs report.ExchangeRates2025-07-16

U.S. Dollar Rallies As Traders Focus On Inflation Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency tests multi-week highs as traders reduce bets on dovish Fed.FXEmpire2025-07-15

USD/CAD Price Forecast: Holds breath above 20-day EMA ahead of US-Canada CPI data

The USD/CAD pair trades broadly stable near 1.3700 during the late Asian trading session on Tuesday. The Loonie pair is expected to remain almost flat as investors await the release of the Consumer Price Index (CPI) data for June from both the United States (US) and Canada, which will be published at 12:30 GMT.FX Street2025-07-15

USD/CAD remains stalled below the 1.3700 area despite the risk-off market

The US Dollar features a moderately positive trend against its Canadian counterpart, with technical indicators on bullish ground and the risk-off mood supporting the safe-haven USD, but the pair remains unable to consolidate above the 1,3700 resistance area. Trump has proposed 35% tariffs on Canada, in addition to 30% tariffs on the European Union and Mexico, which would build on the 50% tariffs on Canadian steel and aluminum announced earlier in June.FX Street2025-07-14

USD/CAD flattens as markets weigh US fresh tariff threats

The USD/CAD pair is trading flat on Monday as traders digest US tariff threats against the EU and Mexico and look ahead to the release of inflation data on Tuesday.FX Street2025-07-14

Pound to Canadian Dollar Weekly Forecast: GBP/CAD Undermined by UK Fiscal Concerns

Looking ahead, the primary factor influencing the Pound Canadian Dollar exchange rate this week will likely be the release of Canada's and the UK's respective consumer price indices (CPI). On Tuesday, Canada's latest inflation reading for June is expected to be mixed, with core inflation expected to warm while headline inflation is.ExchangeRates2025-07-14

U.S. Dollar Tests New Highs Ahead Of The Weekend: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency gains ground as traders focus on recent changes in Trump's tariff policy.FXEmpire2025-07-11

USD/CAD Price Forecast: Aims to stabilize above 1.3700 as Trump imposes 35% tariffs on Canada

The USD/CAD pair gives back some of its initial gains during the European trading session on Friday. Still, the Loonie pair trades firmly near the key level of 1.3700.FX Street2025-07-11

EUR/CAD drifts higher to near 1.6000 ahead of Canadian employment release

The EUR/CAD cross edges higher to near 1.5995 during the early European trading hours on Friday. The Canadian dollar weakens against the Euro (EUR) after US President Donald Trump announces new tariffs.FX Street2025-07-11

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

The USD/CAD pair trades in a tight range near 1.3700 during Asian trading hours on Thursday. The Loonie pair struggles to gauge direction as investors seek fresh development on trade negotiations between the United States (US) and its key trading partners, such as the Eurozone, China, Canada, and Mexico.FX Street2025-07-10

U.S. Dollar Moves Higher As Initial Jobless Claims Fall: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency tested weekly highs as traders focused on job market data.FXEmpire2025-07-10