{"id":241578,"date":"2014-10-28T15:49:12","date_gmt":"2014-10-28T04:49:12","guid":{"rendered":"http:\/\/www.finder.com\/ca\/?p=241578"},"modified":"2025-05-06T16:05:17","modified_gmt":"2025-05-06T20:05:17","slug":"best-exchange-rate","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/international-money-transfers\/best-exchange-rate","title":{"rendered":"Best places to exchange currency"},"content":{"rendered":"

Whether you\u2019re heading off for an overseas vacation or sending money to loved ones in another country, getting the best exchange rate is crucial. The better the exchange rate, the better value you get for your Canadian dollars.<\/p>

But where is the best place to exchange currency? How can you get the best exchange rate when converting Canadian dollars? Keep reading to find out.<\/p>

Summary: Where to exchange currency<\/h3>
Currency exchange option<\/th>Competitive rates?<\/th><\/tr><\/thead>
Cash from home bank<\/strong><\/td>No<\/td><\/tr>
Online money transfer and currency exchange specialist<\/strong><\/td>Yes<\/td><\/tr>
ATM at travel destination using debit card<\/strong><\/td>Yes<\/td><\/tr>
ATM at travel destination using credit card<\/strong><\/td>No<\/td><\/tr>
Airport kiosk<\/strong><\/td>No<\/td><\/tr>
Airport ATM<\/strong><\/td>Yes<\/td><\/tr>
Credit card with foreign transaction fee<\/strong><\/td>No<\/td><\/tr>
Credit card with no foreign transaction fee<\/strong><\/td>Yes<\/td><\/tr>
Cash via Canada Post<\/strong><\/td>No<\/td><\/tr>
Hotel<\/strong><\/td>No<\/td><\/tr>
Digital banking app (e.g. Wise)<\/strong><\/td>Yes<\/td><\/tr>
Mall, train station, bus station kiosk<\/strong><\/td>No<\/td><\/tr>
Kiosk in tourist spot<\/strong><\/td>No<\/td><\/tr><\/tbody><\/table>\n \n\n