Best places to exchange currency in Windsor (2024)

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Best places to exchange currency in Windsor (1)

Claire Millard

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Best places to exchange currency in Windsor (2)

Claire Millard

Fintech copy and content writer

Claire Millard is a content and copywriter with a specialty in international finance. Her work has featured in The Times and The Telegraph, as well as industry magazines and leading personal finance blogs.

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Best places to exchange currency in Windsor (3)

Ileana Ionescu

Reviewer

Best places to exchange currency in Windsor (4)

Ileana Ionescu

Editor-in-chief

With a background in business journalism, Ileana is an experienced content manager, creating content for Exiap that helps its audience make informed decisions about their finances.

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Last updated

March 21, 2024

You've got a few options if you want to exchange currency in Windsor. Whether you’re buying travel money in cash, looking for secure ways to cut the costs of making ATM withdrawals abroad, or sending money to someone overseas, we’ve got options for you.

You might decide to pop into a physical currency exchange store in Windsor - but many customers will find it more convenient to pick up a low cost travel card instead, for on the go payments, cash withdrawals and easy to convert currencies with great exchange rates.

Wise travel card - A low cost alternative to exchange shops

Best places to exchange currency in Windsor (5)Visa Debit CardBest places to exchange currency in Windsor (6)Delivered in WindsorBest places to exchange currency in Windsor (7)Mid-market rate

Order and get your Wise travel card in Windsor for convenient spending and withdrawals during your trip.

Wise uses the mid-market exchange rate with no markup or margin when converting your money to any currency you need. This may work out cheaper than most currency exchange shops in Windsor.

6 best places to exchange money in Windsor

The best place to exchange currency in Windsor does depend a lot on where in the city you are, and which currencies you need. You'll need to do a bit of your own research - but to start you off, we've detailed 6 of the top rated exchange services in Windsor, according to Google.

NameAddressPhone numberGoogle rating
Continental CurrencyDevonshire Mall, 3100 Howard Ave, Windsor(519) 250-10074.8 out of 5 stars
Babylon Monetary Services - Currency Exchange & Money Transfer793 Wyandotte St E, Windsor(519) 968-35584.8 out of 5 stars
Windsor Station Currency Exchange298 Walker Rd, Windsor(519) 258-79944.8 out of 5 stars
AL RASHEED EXCHANGE515 Wyandotte St E, Windsor(833) 309-18694.6 out of 5 stars
CanAm Currency Exchange3234 Dougall Ave, Windsor(519) 915-51514.8 out of 5 stars
Windsor Currency Exchange1235 Huron Church Rd Unit 1, Windsor(519) 816-62164.4 out of 5 stars

Continental Currency

Opening hours

  • Monday: 9:30 AM - 7:00 PM
  • Tuesday: 9:30 AM - 7:00 PM
  • Wednesday: 9:30 AM - 7:00 PM
  • Thursday: 9:30 AM - 7:00 PM
  • Friday: 9:30 AM - 7:00 PM
  • Saturday: 9:30 AM - 5:00 PM
  • Sunday: 11:00 AM - 4:00 PM

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Babylon Monetary Services - Currency Exchange & Money Transfer

Opening hours

  • Monday: 9:00 AM - 6:00 PM
  • Tuesday: 9:00 AM - 6:00 PM
  • Wednesday: 9:00 AM - 6:00 PM
  • Thursday: 9:00 AM - 6:00 PM
  • Friday: 9:00 AM - 6:00 PM
  • Saturday: 9:00 AM - 5:00 PM
  • Sunday: 10:00 AM - 4:00 PM

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Windsor Station Currency Exchange

Opening hours

  • Monday: 8:30 AM - 5:00 PM
  • Tuesday: 8:30 AM - 5:00 PM
  • Wednesday: 8:30 AM - 5:00 PM
  • Thursday: 8:30 AM - 5:00 PM
  • Friday: 8:30 AM - 5:00 PM
  • Saturday: 8:30 AM - 12:00 PM
  • Sunday: Closed

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AL RASHEED EXCHANGE

Opening hours

  • Monday: 10:00 AM - 6:00 PM
  • Tuesday: 10:00 AM - 6:00 PM
  • Wednesday: 10:00 AM - 6:00 PM
  • Thursday: 10:00 AM - 6:00 PM
  • Friday: 10:00 AM - 6:00 PM
  • Saturday: 10:00 AM - 5:00 PM
  • Sunday: Closed

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CanAm Currency Exchange

Opening hours

  • Monday: 9:00 AM - 5:00 PM
  • Tuesday: 9:00 AM - 5:00 PM
  • Wednesday: 9:00 AM - 5:00 PM
  • Thursday: 9:00 AM - 5:00 PM
  • Friday: 9:00 AM - 5:00 PM
  • Saturday: 9:00 AM - 4:00 PM
  • Sunday: Closed

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Windsor Currency Exchange

Opening hours

  • Monday: 9:00 AM - 6:00 PM
  • Tuesday: 9:00 AM - 6:00 PM
  • Wednesday: 9:00 AM - 6:00 PM
  • Thursday: 9:00 AM - 6:00 PM
  • Friday: 9:00 AM - 6:00 PM
  • Saturday: 9:00 AM - 6:00 PM
  • Sunday: 9:00 AM - 2:00 PM

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How we rated the currency exchange shops in Windsor

We've taken into account the Google ratings at the time of research, looking at exchange services in popular Windsor areas. As ratings are dynamic, and things change all the time, you’ll want to also do your own research before you head out to exchange your money.

How to exchange currency in Windsor

Depending on your needs and preferences, you may want to choose between banks, currency exchange shops and online platforms to exchange currency conveniently in Windsor. It’s worth noting that to keep customers safe, and to comply with the law, it’s common for exchange services to ask for ID when you buy foreign currency. Get ready by having your photo ID, such as a passport or driving license, with you when you arrange your exchange.

If you’re planning on exchanging currency with a bank, you’ll need to double check the travel money and exchange options available. Many banks only offer exchange to customers who already have an account - plus you might have to order online in advance, particularly if you’re looking for a more exotic currency. If your local bank offers currency exchange to people who aren’t customers, bear in mind that you’ll need to take an ID document along with you to collect your cash.

To exchange currency in Windsor using a bank:

  1. Check that the bank you've picked offers currency exchange
  2. Make sure the currency you need is available - you may need to order ahead
  3. Visit a branch with cash, or order online, depending on the bank's process
  4. Take your travel money instantly, or collect in branch later - remember your ID document if you're not a customer

Best places to exchange currency in Windsor (9)Best places to exchange currency in Windsor (10)

As an alternative you could choose to visit a currency exchange service or travel money specialist which offers online or on the spot exchange. Currency specialists usually have a very good selection of foreign currencies available, although smaller branches may not hold everything in stock at one time. It’s also useful to know that the exchange rate you get for an on the spot exchange in a store may be different to the one you’ll get when ordering online for collection - usually online orders get a better rate.

To exchange currency in Windsor using a currency exchange service:

  1. Decide if you'll visit a currency exchange store in person to exchange, or order ahead
  2. Place your order online and pay by card or with BPAY, or visit a branch with cash
  3. Take your travel money instantly, or collect in branch later - you'll need to take along your ID document when you visit the branch to place a collect your order

Best places to exchange currency in Windsor (11)Best places to exchange currency in Windsor (12)

Finally, you might choose to order your travel money online. There are a few ways to do this. Some providers will let you order online and either have the cash delivered to home, or you can collect at a branch or in the airport. Other options offer a travel money card which you can order online, top up, and then use for spending and withdrawals while you’re away. This can be an especially convenient option as it’s often possible to complete the whole process without needing to leave home.

To exchange currency in Windsor online:

  1. Choose an online currency exchange service which suits your needs
  2. Order your travel money or travel money card, following their specific process
  3. You'll normally need to upload an image of your photo ID document for verification
  4. Your money or card can be delivered to home or collected, depending on the provider you pick

Best places to exchange currency in Windsor (13)Best places to exchange currency in Windsor (14)

Things to look at before exchanging money

Before you decide how to exchange money it’s worth shopping around to compare a few different available options. That can mean your money goes further. Here are a few more important tips:

Avoid airport currency exchanges

Airports often have currency exchange services - but they’re not usually good value. Services at the airport know that customers have few options left, which means they can crank up the costs. You may not see any fee displayed, but there are likely to be charges rolled into the exchange rate used to convert your dollars to the currency you need, which can be very high.

Best places to exchange currency in Windsor (15)Best places to exchange currency in Windsor (16)

Check the mid-market rate

Not sure what a good rate looks like? Check the mid-market rate for your specific currency. The mid-market rate is the one used on global markets, and when banks buy and sell currencies. However, it’s not usually passed on to customers. Instead extra fees are added - a markup, margin, or spread. Compare the rate you’re being offered to the mid-market rate for your currency - which you can get from Google - to see this.

Best places to exchange currency in Windsor (17)Best places to exchange currency in Windsor (18)

Beware of ATM rates

If an ATM in a foreign country asks if you’d prefer to pay in dollars, say no. If you agree, the ATM will manage the currency conversion for you - and that ATM will not give you as good a rate as the one your bank or card network offers. Pay at ATMs and with merchants using the local currency wherever you are, to avoid this.

Best places to exchange currency in Windsor (19)Best places to exchange currency in Windsor (20)

Get a travel money card from Wise

Travel money cards can help you avoid costs and hassle when exchanging money. Order a card online, add a balance in dollars, and either convert to the currency you need in advance or at the point of payment. Providers like Wise support 40+ currencies for holding and exchange, and often use better exchange rates and lower fees compared to physical currency exchange stores.

Best places to exchange currency in Windsor (21)Go to WiseRead a full Wise card review

Factors to consider when choosing an exchange provider in Windsor

Before you pick the right Windsor currency exchange option for your needs, do a little shopping around. Compare the available options, looking at the costs involved, how safe they are, and what customers say about them.

When considering costs make sure you check both the exchange rate and the fees charged. It's common for services to state there's no commission, when the costs have simply been added into the exchange rate being used.

Double check safety by picking a reputable and licensed provider. If you're exchanging money at a major bank you can rest assured it's licensed. If you're using physical currency exchange stores it's worth asking how they're regulated - and with online providers you can usually find everything you need in a footnote on the website, including licensing details.

Finally, ask around for personal recommendations from friends and family in Windsor, and use online resources like Google reviews and Trustpilot to make sure previous customers are positive about any service you might pick.

Best foreign currency exchange rates in Windsor

Exchange rates can be confusing. It can often seem like every bank, exchange store or online service has their own rate - and choosing can feel daunting.

The key to getting the best currency exchange rate in Windsor is to understand the mid-market exchange rate for your currency pair. The mid-market rate is the rate used when trading on global markets - the one banks and currency exchanges get when they buy or sell currencies themselves. However, providers usually don't pass on this rate to customers - they'll add a percentage markup or margin, which is a fee, to the rate offered to retail customers buying or selling relatively small amounts of currencies.

You can take the mid-market rate for your currency as a good benchmark when measuring up your options for currency exchange in Windsor. Find the mid-market rate on Google, and then look for a provider which offers this or as close as possible to it.

Another good bet is to pick a travel money card from a service like Wise which offers currency exchange which uses live mid-market rates, with the fees split out for clarity and transparency.

When is the best time to exchange currency

Exchange rates change a lot, based on the demand in global markets. That means that there's no best time for currency exchange, but tracking the market can certainly help you spot a good deal when one becomes available.

Keep an eye on the mid-market rate for your currency, using any of our handy tools, and watch how it's changing over time. It's also possible to set up rate alerts online which can help you learn when a rate hits the level you're looking for. If you're planning on converting cash - or if you have a travel money card - you can lock in the rate by buying your foreign currency at that point.

No matter how good a deal you think you're getting, be sure you're picking a safe and reputable provider for your exchange. If it sounds too good to be true it probably is.

Tips for finding the best currency exchange rates in Windsor

Here are a few final ideas on how to find the best exchange rates in Windsor, no matter which currency you need to buy:

Why buy foreign currency in Windsor?

Getting your foreign currency in Windsor may offer a better deal compared to buying it from the airport or in your destination country. Airport exchange services know they have a captive audience and can add in extra fees and exchange rate hikes, pushing up the price you pay. Exchanging money in your destination eats into your precious holiday time - plus you may be targeted by unscrupulous money changers with bad rates.

Here are a few good reasons to exchange your currency in Windsor:

  • As you have time to shop around, you may find you can get better exchange rates
  • Buying currency close to home (or even without leaving home) offers speed and convenience
  • It's far easier to check the safety and reputation of a provider you know, rather than picking one at your destination
  • You won't need to waste your holiday standing in line in a currency exchange store - you can get on with your trip instead

Conclusion

There are a few different ways you might want to currency in Windsor. You could head to a bank, choose a physical currency exchange service, or go for an online option.

There are also some great travel money cards from providers like Wise and Revolut which allow you to order a card online or in an app, top up remotely, and spend or make withdrawals overseas easily. Travel money cards are secure and often offer better exchange rates and lower overall costs compared to switching currency at the airport or in a physical location in your destination.

Use this guide to figure out which currency exchange in Windsor might be best for you, and don't forget to also take a look at travel money cards to see if popping one in your wallet can help you save.

FAQ - Best places to exchange currency in Windsor

When to exchange currency for travel

There's not one single best place to exchange currency for travel, but converting your currency online before you head off can save time - and often money. One convenient option is to get a travel money card from a provider like Wise or Revolut, to add and exchange money with just your phone.

What is the cheapest way to get foreign currency in Windsor?

The cheapest way to get foreign currency in Windsor will depend on the currency you need and the value you want to exchange. This guide gives some good pointers to locations you may want to compare, but shopping around is still essential. Compare the exchange services in Windsor with online and digital services to get the best deal overall.

Should I exchange money before I travel?

Exchanging cash on arrival is inconvenient and can leave you vulnerable to scams and unscrupulous money changing services in your destination. You can exchange money before you go conveniently - or get a travel money card which you can top up digitally and use for spending and withdrawals when you're away, often with great rates and low fees.

Does it matter where you exchange currency?

Yes. If you get a bad exchange rate - or high commission costs - you'll end up with less money in the end for your trip. Before you exchange money, shop around and compare both on and offline options to make sure you get a good deal without excessive fees.

How do I exchange currency after a trip?

Banks and currency exchange stores can exchange your foreign currency back to Canadian Dollar - but the rate is unlikely to be as good as it was when you converted in the first place, which means you get less back than you spent. Instead, consider a travel money card like the Wise card which lets you leave your money in dollars and convert on the spot when you make a payment or withdrawal overseas.

More places to exchange currency in Canada

Currency exchanges in Leamington

Currency exchanges in Sarnia

Currency exchanges in London

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We compare currency exchange and money transfer services in over 200 countries and territories worldwide. We only display reputable companies which we have researched and approved. The information supplied on this site does not constitute financial advice. Always do your own research before making any financial decisions. We do our very best to give you the most accurate journalistic information, but we can’t guarantee to be perfect. You use the information at your own risk, for more details read how our site works.

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Best places to exchange currency in Windsor (2024)

FAQs

Best places to exchange currency in Windsor? ›

Look at online currency specialists

Online currency exchange brokers, such as Travelex, Eurochange, TravelFX, TorFX, and the Currency Online Group, are all likely to offer more competitive exchange rates compared to the high street banks. These providers offer a wide range of currencies for home delivery.

Where is the best place to exchange currency rates? ›

Look at online currency specialists

Online currency exchange brokers, such as Travelex, Eurochange, TravelFX, TorFX, and the Currency Online Group, are all likely to offer more competitive exchange rates compared to the high street banks. These providers offer a wide range of currencies for home delivery.

Where to exchange currency best rates? ›

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, often offer the added benefit of having ATMs overseas.

Where to get best Canadian exchange rate? ›

The best places for you to exchange your money are banks, post offices, border crossings and American Express locations. The worst places that you can exchange your money are airports, train stations and tourist areas. Exchange rates will vary so always call around or search online to find the best rates.

Is it better to exchange money in the US or Canada? ›

Dynamic Currency Conversion

Always choose to be charged in the currency of the country you are in. You will pay high conversion rates and transaction fees if they convert to Canadian currency.

Should I exchange money before I travel? ›

Before your trip, it's best to do a currency exchange at your bank or credit union, which likely offers better rates and fewer and/or lower fees. Your bank or credit union may buy back leftover foreign currency in exchange for dollars when you return.

How to avoid currency conversion fees? ›

To avoid dynamic currency conversion fees when traveling internationally, choose to pay credit card transactions in the local currency rather than in US dollars. Some merchants will attempt to make this decision for you, so confirm which currency you're transacting in before you pay.

How much is $100 American in Canadian dollars? ›

US Dollars to Canadian Dollars conversion rates
USDCAD
100 USD135.30 CAD
500 USD676.52 CAD
1,000 USD1,353.05 CAD
5,000 USD6,765.28 CAD
7 more rows

Is it cheaper to exchange currency at the airport? ›

It is cheaper to exchange money at the bank (or by using an ATM) than the airport. That's because currency exchange stores and kiosks at the airports mark up the exchange rate to make a profit.

Which bank is best for foreign currency exchange? ›

Financial institutions that allow you to exchange foreign currency
  • TD Bank: TD Bank has 55 types of currencies. ...
  • U.S. Bank: US Bank customers may exchange currency at a local branch or online. ...
  • Wings Financial Credit Union: Wings Financial Credit Union has over 90 different currencies.
Jul 23, 2024

How much is $1 Canadian in US dollars today? ›

1 CAD = 0.738212 USD Sep 03, 2024 22:34 UTC

Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently.

Can I use American dollars in Canada? ›

If you are planning to rely on USD in Canada, you may like to reconsider. Although large retailers, tourist attractions, hotels and border crossings accept US currency, smaller and rural destinations may not. Travellers don't always consider the situations when the local currency is the only option.

What is the exchange rate for $100 Canadian to us? ›

Canadian Dollars to US Dollars: exchange rates today
CADUSD
100 CAD73.75 USD
250 CAD184.38 USD
300 CAD221.26 USD
500 CAD368.76 USD
8 more rows

Should I bring cash to Canada? ›

Getting your finances organised for a trip to Canada is easy. Both credit cards and cash are accepted without hassle almost everywhere, and given the high number of ATMs, you won't need to bring a ton of Canadian dollars into the country.

Should I exchange money before going to Canada? ›

Tourists are known to flock to Canada for a dose of exuberance and adventure. But, in order to thoroughly enjoy your vacation, there are some things that you absolutely need to get out of the way – one of them being currency exchange. This is a must-have on your to-do list before you fly out to Canada.

Can I use my US debit card in Canada? ›

For example, a United States-issued Bank of America debit card will work at Canadian retailers, but the user does incur a three-percent foreign transaction fee for each purchase. Note that debit cards differ from credit cards in that they draw real-time from the money in your bank account.

How do you get the highest exchange rate? ›

Banks and credit unions typically offer the best rates and minimal fees, making them a great option for currency exchange. Plus, they're regulated and follow stringent security standards. And if it's your own bank, you can easily manage and track your transactions.

Is it better to exchange currency at home or abroad? ›

Ordering currency from your bank before you travel is almost always better than using the airport currency exchange. Sally French is a travel rewards expert who joined NerdWallet in 2020. She previously wrote about travel and credit cards for The New York Times and its sibling site, Wirecutter.

What country has the best exchange rate for the US dollar? ›

The Kuwaiti dinar is the strongest currency in the world, with 1 dinar buying 3.26 dollars (or, put another way, $1 equals 0.31 Kuwaiti dinar). Kuwait is located on the Persian Gulf between Saudi Arabia and Iraq, and the country earns much of its wealth as a leading global exporter of oil.

What place has the highest exchange rate for US dollar? ›

Kuwaiti dinar

You will receive just 0.30 Kuwait dinar after exchanging 1 US dollar, making the Kuwaiti dinar the world's highest-valued currency unit per face value, or simply 'the world's strongest currency'.

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