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Save time by finding a currency exchange now, so you can spend more time enjoying the sights or visiting family while in Mississauga. Some money transfer services will even let you order Canadian dollars ahead of time, preventing the need to ever visit an ATM or currency exchange while in Canada.
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.
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.
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.
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
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 it’s only your money that’s going to Mississauga, compare transfer providers to get the best rate.
Claire Horwood is a writer at Finder, specializing in credit cards, loans and other financial products. She has a Bachelor of Arts in Gender Studies from the University of Victoria, along with an Associate's Degree in Science from Camosun College. Much of Claire's coursework has focused on writing and statistics, with a healthy dose of social and cultural analysis mixed in for good measure. She has also worked extensively in the field of "Blended Finance" with the Canadian government. In her spare time, Claire loves rock climbing, travelling and drinking inordinate amounts of coffee.
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