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Best places to exchange currency in Calgary
Find the best deal on Canadian dollars for your trip to Stampede City.
Whether you’re attending a business conference, saddling up for the Stampede or enjoying the city skyline from the iconic Calgary Tower, you’ll likely need some cash for your stay in the city.
So which foreign currency exchange is the best fit for you?
I want to…
Who can exchange my money in Calgary?
1. Canex Forex Currency Services
You can find this kiosk at Barclay Parade near Eau Claire park, open six days a week. You can buy your currency online first, and there’s also a best rate guarantee and currency buyback program.
2. Calforex Currency Service
Look for Calforex at both the CORE shopping centre and the Chinook Mall. It’s open seven days a week and offers over 100 currencies for exchange.
3. International Currency Exchange
ICE has two locations, at the Calgary Market Mall and at First Canadian Centre, close to Courthouse Park. For a better deal, you can order your currencies online and pick them up in store seven days a week.
Tips for getting the best deal when exchanging money
- Look for the best deal online. You should compare the rates of three to four foreign exchange services before you head out the door to be sure you get the best rate.
- Know what the market is doing. Do a quick online search on Google or Reuters to see what the mid-market rate is sitting at. This is the rate the banks trade at and you should look for an exchange rate that’s as close as possible.
- Avoid paying with plastic. You can save money on hidden charges and poor exchange rates if you opt to pay with cash instead of card.
- Walk away from ATMs. ATMs can be convenient but are also expensive for foreign currencies. Look for a decent kiosk to get better rates and avoid hidden charges.
- Don’t exchange money at the airport. Airport vendors often offer even worse rates and fees than ATMs. Plan ahead by buying currency before you leave or waiting until you get to the city center.
Compare money transfer services
If you need to send money to someone in Calgary, use a money transfer provider to get the best rates.
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
Bottom line
If you’re visiting Calgary, hit up an exchange company in the city for the best rates on cash. And if you’re just sending money, compare transfer providers to get the best exchange rate.
Picture: Shutterstock
