currency exchange

Niagara Falls, one of Canada’s most iconic destinations, attracts millions of visitors worldwide every year. Whether you’re visiting for the breathtaking natural wonders, the vibrant tourist scene, or simply exploring the region, one essential aspect of your trip to consider is currency exchange. In this blog post, we’ll delve into the world of currency exchange in Niagara Falls and explore how to access foreign currency exchange in Toronto, a major gateway city to the falls.

Understanding Currency Exchange in Niagara Falls

Currency in Niagara Falls: Niagara Falls is located in Ontario, Canada. The official currency in Niagara Falls is the Canadian Dollar (CAD). While many businesses in the area accept major credit cards and U.S. Dollars (USD), it’s advisable to have some Canadian Dollars on hand for small purchases and places that do not accept foreign currencies.

Exchange Rates: Exchange rates fluctuate constantly based on economic factors. Before your trip, check the current exchange rate between your home currency and the Canadian Dollar. This will help you understand how much you’ll receive when you exchange your money.

Currency Exchange Options: In Niagara Falls, you’ll find several options for currency exchange, including banks, currency exchange kiosks, and hotels. However, these options may not always offer the most favourable rates or low fees.

ATMs: One of the most convenient ways to obtain Canadian Dollars is by using ATMs. They are widely available in Niagara Falls and offer competitive exchange rates. However, be aware of any foreign transaction fees your bank may charge.

Accessing Foreign Currency Exchange in Toronto

For many travellers, Toronto is the gateway to Niagara Falls, the nearest major city with an international airport. If you’re flying into Toronto Pearson International Airport or arriving in the town by other means, here’s how you can access foreign currency exchange in Toronto:

Airport Currency Exchange: Toronto Pearson International Airport has several currency exchange counters and ATMs throughout its terminals. These facilities offer convenience but may have slightly higher fees and less competitive exchange rates than city center options.

Banks: Major Canadian banks, such as RBC, TD Canada Trust, and Scotiabank, have branches throughout Toronto. They offer currency exchange services and competitive rates. Remember that banks may have limited hours of operation, so check in advance.

Currency Exchange Bureaus: In the heart of Toronto, especially downtown, you’ll find dedicated currency exchange bureaus specializing in foreign currency transactions. These establishments often provide competitive rates and lower fees compared to airport kiosks.

ATMs: Toronto is known for its extensive ATM network. You can easily withdraw Canadian Dollars from ATMs located throughout the city. Inform your bank of travel plans to ensure your card works seamlessly in Canada.

Online Currency Exchange Services: Before your trip, you can explore online currency exchange services that offer competitive rates and convenient delivery options. This allows you to secure Canadian Dollars in advance and have them delivered to your location in Toronto.

Tips for Currency Exchange in Niagara Falls and Toronto

Plan Ahead: Before your trip, determine how much Canadian currency you’ll need for your stay. This will help you avoid excessive exchange fees and unnecessary transactions.

Compare Rates: Compare exchange rates and fees offered by different providers, including banks, currency exchange kiosks, and online services. Look for competitive rates with minimal costs.

Use Credit Cards Wisely: When using your credit card in Canada, be aware of foreign transaction fees, which can add up. Consider using a credit card that offers favourable international transaction terms.

Notify Your Bank: Inform your bank about your travel plans to prevent any issues with using your debit or credit card in Canada. This prevents your bank from flagging your transactions as potential fraud.

Local Currency: While significant tourist areas in Niagara Falls may accept U.S. Dollars, it’s advisable to use Canadian Dollars whenever possible to avoid unfavourable exchange rates.


Currency exchange is a practical aspect of international travel that can significantly impact your trip’s convenience and cost-effectiveness. Whether you’re marvelling at the majestic Niagara Falls or exploring the vibrant city of Toronto, having access to Canadian Dollars ensures you can easily navigate your journey. By planning, comparing exchange rates, and choosing the most suitable currency exchange option for your needs, you can make the most of your visit to this breathtaking region of Canada. 

By Sophie Morrison

I am a passionate blogger & always keen to learn new things. I luv nature photography and travelling.