Although banks often offer the best currency exchange rate, some do charge a small fee to change money or traveller's cheques, and prices listed often do not include taxes. It is best to change a small amount of currency into Canadian money before coming to Canada, as banks are usually open only Monday to Friday, daytime hours (9 a.m. to 5 p.m.). Other means of exchanging your currency can be somewhat more costly. Exchange services offered by hotels, shops, and exchange booths almost always offer the highest rates or charge large commission fees. Wherever you go, always ask about hidden charges before changing money.
All shops and businesses will accept Canadian currency, and some will accept United States currency in tourist areas. All other currency must be converted.
For up-to-date currency rates, please click here.