Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Best places to exchange currency in Montréal

Find the best deal on Canadian cash for your next trip to Montreal.

Updated . What changed?

Fact checked

Find more time to relax and enjoy the sights, like the Notre-Dame Basilica, by ordering Canadian dollars ahead of time or visiting an exchange shop once during your trip. Our custom Google Map will show you popular currency exchanges, and our comparison table presents options to exchange currency ahead of time.

Where can I exchange my money in Montréal?

Globex2000 logo

1. Globex 2000

Globex 2000 offers six spots to exchange your cash in Montréal, including three locations downtown. You can reserve currencies ahead of time by booking online. Be sure to check ahead if you plan on visiting on Saturday or Sunday, since several locations are closed or have modified hours on weekends.

YAP.cx logo

2. YAP.cx

YAP.cx offers foreign and local currencies as well as bitcoin exchange, and can be found right across from the Notre-Dame Basilica and Place d’Armes in the city centre. YAP is open for business every day, including weekends, but make sure that you bring cash, because it’s the only way you can pay at the moment.

Universal Currency Exchange

3. Universal Currency Exchange

This place is conveniently located in the underground floor of an office/hotel building in Old Town. It’s closed on weekends, but open every other day of the week.


Tips for getting the best deal when exchanging money

  • Shop online for foreign currency. Most agents have a calculator on their websites to help you figure out how much your currency will net you in Canadian dollars or vice versa. Surf the net to dig up the best deals before you head to your nearest exchange agent.
  • Know the mid-market rate. Use Google or Reuters to see what the mid-market rate is so that you can spot the companies charging the best margin.
  • Pay with a bank transfer or cash. Avoid paying for your currency with a debit or credit card where possible, as you might be dinged for a cash advance, which could leave you with a 2% to 5% charge on your next bank statement.
  • Avoid using ATMs. ATMs are convenient and tempting, especially if you’re in a rush — but they’re also expensive. Try to exchange your currency in advance to avoid high bank fees and dismal exchange rates.
  • Steer clear from airport vendors. If you need cash before you hit the airport, plan ahead by buying currency at home to avoid high prices.
  • 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

If you need to send local currency to or from Canada, an international money transfer service can help. 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
$1,000 1 day USD 0.00 1.258 CAD 6,289 OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies. Go to site Show details
GBP 1,000 1 - 2 days USD 0.00 1.258 CAD 6,289 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
Go to site Show details
$1 Same day USD 0.00 1.265 CAD 6,324 XE has fast transfers with no fees and a range of foreign currency tools. Go to site Show details
$1 1 - 2 days USD 40.00 1.27 CAD
6,301
TransferWise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
$1 Within an hour USD 3.99 1.265 CAD 6,320 WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups. 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

Getting Canadian cash at an exchange company in Montréal can get you a better deal than you’d see at an airport or ATM. But for the best deal on foreign currency, do your research before you leave home, and consider using an international money transfer company if you need to get money to someone else.

Picture: Shutterstock

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site