Best 5 Places To Exchange Money in Toronto

Toronto is Canada’s largest and most diverse city. Different people with different cultures and languages live in the city. If you’re moving to Toronto to reside whether for study purposes, for a short stay, for retirement or for vacation, you will need the local currency before you can buy anything or pay for a service. And the local currency is Canadian dollars.

If you are not from Canada and you don’t reside in the country, you then most likely do not have the currency note. This means that you will eventually need to exchange currencies. Exchanging currency means giving the exchange company one currency in exchange for another that you need.

Best Places To Exchange Money in Toronto

So, in this article, we will be looking at some of the best places in Toronto where you can exchange your own local currency for the Canadian dollars. Without much ado, let’s get to it!

Best Places To Exchange Money in Toronto

1. Calforex

The Calforex Currency Exchange is a good place in Toronto that you can visit to do all your currency exchange transactions. They have up to 100 currencies for sale and they are open for all 7 days in a week. Calforex has branches all over Canada, not only in Toronto. You can know more about this place by visiting their online presence space at

Apart from you walking up to their place to exchange your money, you can also order cash online! This cash that you order will either be delivered to your home, or you can come pick it up at their office.

They have branches at Downton in Calgary, Chinook centre in Calgary, Southgate Mall in Edmonton, West Ed Mall in Edmonton, and so on. They have two Toronto offices. One Toronto office is located at CF Sherway Gardens, Entrance 5. And the other is located at CF Toronto Eaton Centre in same Toronto. You can also enjoy their useful Currency Buy Back program, do wire transfers and order foreign cash online.

2. Ebixcash World Money Limited, Toronto

This exchange company was formerly known as Wall Street Finance but the name has since changed. The exchange company is located at 121 Yonge street, Toronto, Canada. This exchange company will help you to exchange your money at competitive rates.

The process at their place is very fast and easy. Ebicash also works with financial institutions worldwide in order to deliver fast payouts to their customers. You can visit their website to know more at

3. Kantor Currency Exchange

This is another cheap place to exchange your money at inside Toronto. They deal with over 70 world currencies. They also offer very cheap currency exchange rates and safe money transactions. You can visit their website at to see more of what they do. The exchange service is located at 121 Runnymede road, Toronto, ON M6S 2Y4, in Canada. They are open from Mondays to Saturdays.

4. Ultimate Currency Exchange

This is another good exchange service in Canada that is very affordable for you as a foreigner. They offer fast and convenient service. Their staff are also very professional. They do not charge commission fee and yet they provide the same quality service. Ultimate currency exchange offers very competitive rates to their customers. And their rates, according to them, are better than those of banks in Canada and even other currency exchange places.

They have branches not only in Toronto but in other parts of Canada like Ottawa. They deal with up to 100 currencies and you can also order for cash online which you could come to pick up at their place or get it delivered straight to your home. Their address is at 2502 Yonge street, Toronto, Ontario in Canada.

5. NHVN Currency Exchange

This is another currency exchange service in Toronto, Ontario. Located at 222, Spadina Avenue #101C in Toronto, this exchange service deals in currency services to meet their customer’s personal as well as commercial needs. You can visit their website at for more information.

They deal in up to 22 currencies and operate from Mondays to Fridays. They have three languages of service which are English, Vietnamese and Chinese. You can also reach them through their website at the web address given above.

All in all, these 5 exchange places in Toronto are good options for you if you want to exchange currency in Toronto.

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