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Best places to exchange currency in Winnipeg

Find the best deal on foreign currency exchange in Winnipeg.

Whether you’re feeding the ducks at Assiniboine Park, taking in a history lesson at the Canadian Museum of Human Rights or grabbing a late lunch at The Forks – chances are you’re going to need some cash for your stay in Winnipeg. We’re here to help you find the best foreign currency exchange to meet your needs.

Who can change my money in Winnipeg?

currency exchange

1. Currency Mart

Currency Mart has a couple of branches in downtown Winnipeg, in both the Cargill Building on Graham Avenue and in St Vital shopping centre on St Mary’s Road. You can preorder currency to pick up for a fee, and both branches are open six days a week.

ICE International exchange service

2. ICE International

This national chain has two locations in Winnipeg at both the airport and on Portage Avenue. You can order currency through their website and they’re open six days a week, excluding Sundays.

Olympia Trust Foreign Exchange service

3. Olympia Trust Foreign Exchange

This local favorite is conveniently located on Portage Avenue. It’s easy to order travel cash online but they’ll only let you collect it from Monday to Friday since they’re closed on weekends.

Tips for getting the best deal when exchanging money

  • Find quotes online. Check rates online before going into a store so that you get a feel for what a “good deal” looks like.
  • Know the mid-market rate. Use Google or Reuters to look up the mid-market rate (the rate the banks trade at) and compare this to what’s on offer.
  • Avoid paying with plastic. You can avoid hidden charges and fees from your bank if you pay for your currency with cash.
  • Steer clear of ATMs. ATMs are convenient and therefore tempting, especially if you’re in a rush, but they also come with high fees and dismal exchange rates.
  • Try not to use airport vendors. Kiosks at the airport tend to be more expensive so if you can manage to get into town before you exchange your currency, it could save you a bundle.
  • Ask for a price match. If you’ve found a better deal online or at another kiosk, don’t be afraid to barter. There’s no harm in trying and you might even walk out with a better deal.

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
CAD 1 Same day CAD 0.00 0.786 USD
XE has fast transfers with low fees and a range of foreign currency tools. Go to site Show details
CAD 10 Within an hour CAD 1.99 0.782 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
CAD 0 Within an hour CAD 3.99 0.787 USD
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Go to site Show details
CAD 1 1 - 2 days CAD 45.00 0.79 USD
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. 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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