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Best places to exchange currency in Mississauga

Find the best deal on Canadian dollars for your next trip.

Updated

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 exchange 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 its website to see its daily rates for major currencies.

Continental Currency Exchange logo

3. Continental Currency Exchange

This is a popular Ontario brand and can be found at Erin Mills Town Centre. It’s open seven days a week and you can even order your currency online for fast and easy pickup 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 those exchanges often drive up fees and offer poor exchange rates.

Compare money transfer services

If you just need to get money to Mississauga but you’re not visiting, use a money transfer provider to get the best deal on an international transfer.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 1,000 1 - 2 days USD 0.00 1.327 CAD 6,634 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
Go to site Show details
$1 Same day USD 0.00 1.334 CAD 6,671 XE offers fast transfers with no fees and a range of foreign currency tools. Go to site Show details
$1 1 - 2 days USD 40.00 1.34 CAD
6,647
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
$1 Within an hour USD 3.99 1.335 CAD 6,667 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
$50 1 - 2 days USD 0.00 1.332 CAD 6,660 InstaReM offers quick and simple international money transfers with the ability to earn loyalty points. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Bottom line

If you’re planning a trip to Mississauga, get your cash online or at an exchange center in the city for the best deal. And if just your money is going to Mississauga, compare transfer providers to get the best rate.

Picture: Shutterstock

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