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Best places to exchange currency in Mississauga

Find the best deal when you're next exchanging foreign currency in Mississauga.

Whether you’re attending a conference, visiting family from back home or taking a much-needed break from the hustle and bustle of Toronto, there’s no shortage of things to do in Mississauga. So how do you choose the best foreign currency exchange to make the most of your trip?

Who can change my money in Mississauga?

Canada Currency Centre logo Image: Supplied

1. The Coin and Currency Exchange

You can find this store on Burnhamthorpe Road, just off the 403. It’s open five days a week and has over 100 currencies in stock.

Money Exchange World logo

2. Money Exchange World

This store can be found in the same area as the Coin and Currency Exchange and is open six days a week. You can visit their website to see their daily rates for major currencies.

Continental Currency Exchange logo

3. Continental Currency Exchange

This is a popular Ontario brand and can be found in the Erin Mills Town Centre. They’re open seven days a week and you can even order your currency online for fast and easy pick-up or delivery.

Tips for getting the best deal when exchanging money

  • Compare, compare, compare. You can typically find the best deal by comparing rates online or by calling a number of companies to ask for a quote.
  • Know the mid-market rate. Do a quick search for exchange rates on Google or Reuters before you settle on a service so you’ll know when a vendor is trying to charge too much.
  • Pay with cash or bank transfer. Avoid using plastic when paying for your currency because your bank might ding you with hidden charges and fees on the other end.
  • Steer clear of ATMs. ATMs often charge an arm and a leg for fees and offer a dismal return on the exchange rate.
  • Avoid doing business at the airport. Try not to purchase currency at the airport since these places drive up fees and offer poor exchange rates.

Compare money transfer services

Similar to foreign currency exchange, an international money transfer is one possible way to send local currency to a loved one overseas. Our table below lets you compare fees and exchange rates for reputable money transfer specialists operating out of Canada.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
$100 3 - 5 days CAD 0.00 0.775 USD
Send money without fees and at competitive exchange rates to 130+ countries. Go to site Show details
CAD 1 Same day CAD 0.00 0.776 USD
XE has fast transfers with low fees and a range of foreign currency tools. Go to site Show details
USD 150 1 day CAD 0.00 0.776 USD
Exclusive offer: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Go to site Show details
CAD 2,000 1 day CAD 0.00 0.776 USD
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Go to site Show details
CAD 10 Within an hour CAD 1.99 0.771 USD
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to site Show details
USD 10,000 1 - 2 days CAD 0.00 0.773 USD
Dunbridge Financial offers competitive exchange rates and zero fees on transfers to more than 120 countries. Go to site Show details
CAD 1 1 - 2 days CAD 90.00 0.779 USD
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
GBP 5,000 1 - 2 days CAD 0.00 0.776 USD
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace. Go to site Show details

Compare up to 4 providers

The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

Picture: Shutterstock

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