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Toronto Airport

Currency Exchange at Toronto Airport in Toronto

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Foreign currency exchange at Toronto Airport

You can find many Toronto Airport foreign currency exchange shops and kiosks to convert your money into local currency. They are available within the terminal and easy to locate.

Keep in mind that the exchange rates may not be favorable on the spot, as banks offer higher fees and service charges in this context. However, you are rightfully paying more for the convenience of converting money upon your arrival at the airport.

Want to plan your travel budget correctly? Use our simple converter to check rates for money exchange at Toronto Airport. To get started, select your desired currencies, enter an amount, and click the yellow “Change” button.

AED/USD
0.27
CAD/USD
0.74
CNY/USD
0.14
CHF/USD
1.19
EUR/USD
1.12
GBP/USD
1.34
PLN/USD
0.26
USD/USD
1
ILS/USD
0.27
JPY/USD
0.01

ATMs at Toronto Airport

Another way to get money in local currency is to withdraw funds from a credit card at the interbank rate. Upon arrival, find the nearest ATM at Toronto Airport and proceed accordingly. This method allows you to get a favorable exchange rate and avoid hefty service charges applied in banks and kiosks.

How to avoid high currency exchange rates and fees?

Toronto Airport currency exchange rates that are too high may encourage you to look for ways to avoid overspending. Consider these valuable tips to make your trip cheaper and more cost-effective:

  • Check the exchange rate for the desired currency at domestic banks before starting your trip. Maybe an exchange in advance will be more profitable for you.
  • Monitor the exchange rate for your currency pairing for some time before you travel. Pay attention to whether it rises or falls, and choose the best moment for a monetary transaction.
  • When using Toronto Airport money exchange shops and kiosks, compare rates in different places and choose the one with the best offer.
  • When using a credit or debit card at your destination, always ask to pay in local currency.
  • Check if a multi-currency debit or credit card can save money on ATM withdrawals or when paying for goods/services.
  • Plan an approximate travel budget and don’t exchange extra money. It may not be profitable for you to convert them back to your national currency.

In summary, comparing the Toronto exchange rate at the airport and downtown allows you to get a good profit. The main thing is to plan ahead, which will allow you to have a relaxing and financially safe trip.

Banks near Toronto Airport

You can find the best currency exchange in Toronto at local banks. Also, they offer ATMs for cash withdrawals, money transfers, and deposits. Check out the nearest branches located within a short drive from the airport, their contact details, and business hours below.