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The 13 Best Money Exchange Locations in Toronto

This list covers places in Toronto where you can change cash or send money abroad, from counters in downtown towers to small shops along Yonge, Spadina and Danforth.

Before choosing, compare the rate you are quoted with the mid-market rate, ask whether any fee is added on top, and check which currencies the counter carries. Larger amounts often justify booking an appointment or reserving a rate in advance, and it helps to know whether a place handles cash only or also wire transfers.

How this list is ordered

To put together this guide to money exchange locations in Toronto, we looked at what each business really focuses on, how its customers rate it over time and what it shows about its work on its own channels. The order is ours and we review it regularly.

Featured positions are clearly marked and only offered to businesses that already earned their place in the guide.

Top 3Every optionMapChoosing well

Compare the 13 local options

Knightsbridge Foreign Exchange Toronto#1
Why it stands out
  • Specialises in USD and EUR

  • Online chat for orders

Knightsbridge Foreign Exchange Toronto

4.8452 reviews
100 King St W #5700, Toronto, ON M5X 1C7, Canada
Best suited to
Travellers buying USD or EUR

Knightsbridge suits travellers and businesses converting US dollars or euros in the financial district. Its office sits in a King Street West tower, and transactions can be arranged through an online chat before you visit. Having the order set up in advance makes it easier to compare the quoted rate with what your bank would offer and to bring the right amount.

Currency Exchange Shoppe, Toronto#2
Why it stands out
  • Spadina Avenue counter

Currency Exchange Shoppe

4.8193 reviews
279 Spadina Ave., Toronto, ON M5T 2E3, Canada
Best suited to
Walk-in cash exchange near Chinatown

This walk-in exchange counter on Spadina Avenue is a practical stop for anyone staying or shopping around Chinatown and Kensington. It handles everyday currency exchange, so it works well for a quick comparison of rates when you already have cash to change.

NHVN Currency Exchange, Toronto#3
Why it stands out
  • Spadina Avenue location

NHVN Currency Exchange

4.799 reviews
222 Spadina Ave. #101C, Toronto, ON M5T 3B3, Canada
Best suited to
Quick cash exchange downtown west

NHVN is a small exchange counter on Spadina Avenue, close to the Entertainment District and Chinatown. It suits visitors who want to change cash while out on the downtown west side rather than at an airport or hotel desk, and who prefer to compare a few counters on foot before deciding.

Currency Exchange Toronto Downtown Currency Mart#4
Why it stands out
  • Online appointments

  • Wheelchair-accessible entrance and car park

Currency Exchange Toronto Downtown Currency Mart

4.593 reviews
120 Adelaide St W R7, Toronto, ON M5H 1T1, Canada
Best suited to
Workday exchange in the core

Downtown Currency Mart serves the financial district from Adelaide Street West, with both on-site service and online appointments. Booking a slot suits office workers who want to exchange during a break, and the wheelchair-accessible entrance and car park make the visit simpler for those who need step-free access.

Interchange Financial Currency Exchange, Toronto#5
Why it stands out
  • Reserve a rate in advance

  • Online appointments and orders

  • Wheelchair-accessible entrance

Interchange Financial Currency Exchange

4.4171 reviews
Atrium on Bay, 20 Dundas Street West, Toronto, ON M5G 2C2, Canada
Best suited to
Planned, larger currency orders

Interchange works well for people who like to plan ahead. It takes online appointments and online orders, lets customers reserve a rate, and still serves walk-ins at its Atrium on Bay counter. The location has a wheelchair-accessible entrance and car park, which helps with larger or less rushed transactions.

Ebixcash World Money Limited, Toronto#6
Why it stands out
  • Exchange and money transfer

  • Yonge Street office

Ebixcash World Money Limited

4.497 reviews
121 Yonge St, Toronto, ON M5C 1W4, Canada
Best suited to
Sending money abroad and exchanging cash

Ebixcash combines currency exchange with international money transfer from a Yonge Street office near Dundas Square. It suits people who need to send funds abroad as well as change cash, and it offers on-site service, so one visit can cover both tasks.

Currency Exchange Toronto North York Currency Mart#7
Why it stands out
  • Online appointments

  • Wheelchair-accessible facilities

Currency Exchange Toronto North York Currency Mart

4.473 reviews
4841 Yonge St Unit 237D, Toronto, ON M2N 5X2, Canada
Best suited to
North York residents and commuters

The North York branch of Currency Mart serves people along the Yonge Street corridor north of the downtown core, so there is no need to travel south to exchange cash. It offers on-site service and online appointments, and the facilities are wheelchair accessible.

College Currency Investments, Toronto#8
Why it stands out
  • Online appointments

  • Cash-to-cash exchange

  • Wheelchair-accessible car park and entrance

College Currency Investments

4.492 reviews
437 Yonge St A, Toronto, ON M5B 1T3, Canada
Best suited to
Students and downtown workers

This Yonge Street counter near College Street takes online appointments as well as walk-ins, and handles cash-to-cash exchange. The car park and entrance are wheelchair accessible. It is a convenient stop for students and downtown workers who want to book a time and avoid queueing.

Calforex Currency Exchange-Toronto Downtown#9
Why it stands out
  • Foreign cash and business exchange

  • Yonge Street downtown

Calforex Currency Exchange-Toronto Downtown

4.2167 reviews
220 Yonge St, Toronto, ON M5B 2H1, Canada
Best suited to
Travellers and small businesses

Calforex has a Yonge Street counter in the Eaton Centre area, and it serves both travellers who need foreign cash and businesses making international payments. That range makes it a useful stop when you want to talk through a larger or less routine currency order.

Jack Filled Foreign Exchange Inc., Toronto#10
Why it stands out
  • East-end location

  • Online appointments

  • Accessible, gender-neutral facilities

Jack Filled Foreign Exchange Inc.

4.1178 reviews
305 Milner Ave #102, Toronto, ON M1B 3V4, Canada
Best suited to
Scarborough residents

Jack Filled is one of the few exchange offices in the east end, on Milner Avenue in Scarborough. It offers online appointments and on-site service, and the premises include accessible facilities and gender-neutral toilets, so it suits residents who would rather not travel downtown to change money.

Kantor Currency Exchange, Toronto#11
Why it stands out
  • Crypto exchange help

  • Bloor West location

Kantor Currency Exchange

4.079 reviews
2310 Bloor St W, Toronto, ON M6S 1P2, Canada
Best suited to
West-end travel money

Kantor is an exchange shop on Bloor Street West that covers everyday foreign currency for travel and also helps with crypto exchange. It is aimed at west-end residents who want a local counter rather than a trip downtown, and it is worth asking if you have a special request.

TD Foreign Exchange Centre, Toronto#12
Why it stands out
  • Bank-run exchange centre

  • King Street West

TD Foreign Exchange Centre

3.811 reviews
55 King St W, Toronto, ON M5K 1A2, Canada
Best suited to
Customers who prefer a bank

The TD Foreign Exchange Centre sits on King Street West in the financial district and serves both locals and tourists. It is part of a bank, so it suits customers who prefer to exchange currency with a large, established institution and who may already deal with the bank for other needs.

Chughtai Pak Canadian Foreign Exchange, Toronto#13

Chughtai Pak Canadian Foreign Exchange

3.710 reviews
2858 Danforth Ave, Toronto, ON M4C 1M1, Canada
Best suited to
Danforth Avenue residents

This small exchange shop is on Danforth Avenue in the east end. It deals in foreign currency and suits people living or working along the Danforth who want a nearby counter instead of heading downtown.

The essentials in one table

#BusinessRatingReviewsBest suited to
#1Knightsbridge Foreign Exchange Toronto 4.8452Travellers buying USD or EUR
#2Currency Exchange Shoppe 4.8193Walk-in cash exchange near Chinatown
#3NHVN Currency Exchange 4.799Quick cash exchange downtown west
#4Currency Exchange Toronto Downtown Currency Mart 4.593Workday exchange in the core
#5Interchange Financial Currency Exchange 4.4171Planned, larger currency orders
#6Ebixcash World Money Limited 4.497Sending money abroad and exchanging cash
#7Currency Exchange Toronto North York Currency Mart 4.473North York residents and commuters
#8College Currency Investments 4.492Students and downtown workers
#9Calforex Currency Exchange-Toronto Downtown 4.2167Travellers and small businesses
#10Jack Filled Foreign Exchange Inc. 4.1178Scarborough residents
#11Kantor Currency Exchange 4.079West-end travel money
#12TD Foreign Exchange Centre 3.811Customers who prefer a bank
#13Chughtai Pak Canadian Foreign Exchange 3.710Danforth Avenue residents

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Map of Money Exchange Locations in Toronto

If you're in search of places to exchange your currency in Canada's largest city, you're in the right spot. Below is a comprehensive map showcasing all the active money exchange centres in Toronto. From bustling downtown locales to quieter suburban outlets, these spots offer competitive rates to cater to your Forex needs.

How to compare Money Exchange Locations in Toronto

  1. Competitive Rates: Look for the exchange offices that offer the best rates.
  2. Convenience: Consider locations that are near your home, work, or your tourist destinations.
  3. Customer Service: A good exchange office should offer prompt and efficient service.
  4. Additional Services: Some locations provide additional services like buy back of unused foreign currency, remittances etc.

Your questions answered

What are the best options for money exchange in Toronto?

When it comes to exchanging foreign currency in Toronto, there are several options available. One popular choice is to visit a currency exchange store, where you can exchange your money for the local currency at competitive rates. Another option is to use a bank or credit union, which may offer slightly better rates but can also come with higher fees. If you prefer a more convenient option, you can also use an online currency exchange service to exchange your money before you arrive in Toronto. These services often have better rates than physical stores and can be a great option for travelers looking to save money.

What should I consider when exchanging money in Toronto?

When exchanging money in Toronto, it's important to consider a few key factors. One of the most important things to consider is the exchange rate being offered by the institution you choose. Make sure to compare rates from different providers to ensure you are getting the best deal. It's also important to consider any fees that may be associated with the exchange. Some providers may charge a flat fee or a percentage of the total exchange amount, so be sure to ask about any fees upfront. Finally, consider the location and convenience of the exchange service. Choose a provider that is easily accessible and has convenient hours of operation, especially if you need to exchange money outside of regular business hours.

Are there any tips for getting the best exchange rate in Toronto?

Getting the best exchange rate in Toronto requires a bit of research and planning. One tip is to avoid exchanging money at tourist areas or airports, as these locations often have higher fees and less competitive rates. Instead, consider visiting a currency exchange store or using an online service for better rates. Another tip is to keep an eye on the exchange rate and exchange your money when the rate is favorable. Rates can fluctuate daily, so it's a good idea to monitor them and exchange your money when you can get the most for your currency. Lastly, consider exchanging larger amounts of money at once to potentially get a better rate. Some providers offer better rates for larger transactions, so consolidating your exchanges can save you money in the long run.

What are the risks of exchanging money in Toronto?

While exchanging money in Toronto is generally safe, there are some risks to be aware of. One risk is counterfeit currency, especially if you are exchanging money with a less reputable provider. To avoid this risk, make sure to use a trusted and licensed currency exchange service. Another risk is exchange rate fluctuations, which can affect the amount of money you receive when exchanging currency. Keep in mind that rates can change frequently, so it's important to exchange your money when the rate is favorable to you. Lastly, be mindful of fees associated with the exchange. Some providers may have hidden fees or charge high percentages for exchanging money, so make sure to inquire about any fees upfront to avoid unexpected charges.

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