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Whether you’re feeding the ducks at Assiniboine Park, taking in a history lesson at the Canadian Museum of Human Rights or grabbing a late lunch at The Forks, you’ll probably want to have some cash on hand for your next trip to Winnipeg.
Currency Mart has branches in both the Cargill Building on Graham Avenue and in St Vital shopping center on St Mary’s Road. You can preorder currency to pick up for a fee, and both branches are open six days a week.
2. ICE International
This national chain has two locations in Winnipeg at both the airport and on Portage Avenue. You can order currency through their website and they’re open six days a week, excluding Sundays.
3. Olympia Trust Foreign Exchange
This local favorite is conveniently located on Portage Avenue. It’s easy to order travel cash online but they’ll only let you collect it from Monday to Friday since they’re closed on weekends.
Tips for getting the best deal when exchanging money
Find quotes online. Check rates online before going into a store so that you get a feel for what a good deal looks like.
Know the mid-market rate. Use Google or Reuters to look up the mid-market rate, which is the rate the banks trade at, and compare it to what’s available.
Avoid paying with plastic. You can avoid hidden charges and fees from your bank if you pay for your currency with cash.
Steer clear of ATMs. ATMs are convenient and tempting, especially if you’re in a rush, but they also come with high fees and dismal exchange rates.
Try not to use airport vendors. Kiosks at the airport tend to be more expensive, so if you can manage to get into town before you exchange your currency, it could save you a bundle.
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
While a currency exchange company can help you get Canadian dollars while you’re in Winnipeg, an international money transfer provider can help you send money there from another country.
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
Bottom line
To get the best deal on cash while you’re in Canada, use a currency exchange provider in the city. And to get the best deal on cash you’re sending there, compare money transfer providers.
Claire Horwood graduated with a Bachelor of Arts from the University of Victoria, and became a freelance writer in 2017. She has traveled extensively (24 countries and counting) and enjoys working remotely for clients all over the world. In her spare time, Claire loves rock climbing, drinking inordinate amounts of coffee and reading the epic graphic novel series, SAGA.
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