Currency Exchange in Burlington (1-877-355-5239)
Over the past several months the Canadian dollar has weakened in comparison to its US counterpart due to a number of reasons. One factor to explain this sudden downfall is the dramatic drop in the price of oil. Lower oil prices equate to less money in the Canadian energy sector. As a result, Canadian energy companies are forced to lay off a considerable amount of their employees. More people out of work and less people being hired leads to a halt in economic growth, thus negatively affecting the health of the Canadian dollar.
With this unfortunate turn in the Canadian economy, it is of utmost importance to find the best US dollar exchange rates when looking to buy or sell USD. There are several options in the city of Burlington to exchange your money, but how are you supposed to know where you will get the best rate?
Where to Exchange Currency in Burlington
There are a number of different options for exchanging currency in Burlington and the surrounding areas from banks, hotels, airports, currency exchange retail stores, currency exchange kiosks, and other independent money exchange brokers. Let’s take a look at some of these different options and see which one provides the best exchange rates.
How to Get the Best Exchange Rate in Burlington
Getting the best foreign exchange rate in Burlington is simply a matter of shopping around and comparing rates. Rates change constantly but the percentage markups amongst different currency exchange entities tend to remain the same. With the digital proliferation of online services, your options have been greatly increased and you won’t be limited to local locations in Burlington. If you need a small amount and are looking for physical cash, local vendors like banks and cash retail operations are good choices, but on larger amounts avoid using your banks and look for other specialized currency exchange companies.
The Best Place to Buy or Sell US Dollars in Burlington
We always recommend shopping around when looking for the best US dollar exchange rates. Call several of your local banks and financial institutions in Burlington to compare rates and additional charges. Although this process can save you money, it can be lengthy and tiresome. When you are looking to make a quick transaction or payment, this might not be the most attractive solution for you.
At Knightsbridge Foreign Exchange, we do all the hard work so you don’t have to. Every day we contact various leading banks and financial institutions and compare their rates and price ours accordingly. At Knightsbridge Foreign Exchange we guarantee a lower than the bank rate. Our customers typically enjoy rates 1-2% better than the banks. We have made it our mission to save our customers as much money as possible, and that is what we intend to do. With our established connections with worldwide financial intuitions and low overhead costs, we are able to offer the most competitive exchange rates in Burlington.
Burlington is located between the north shore of Lake Ontario and the Niagara Escarpment, and is a component of the Greater Toronto area. With a population exceeding 175,000, Burlington is one of Canada’s largest metropolitan areas. Due in large part to the strategic location of Burlington, the Burlington economy is extremely diverse. Burlington’s leading industrial sectors from an employment perspective include food processing, packaging, electronics, motor vehicle transportation, and business services.
Burlington is home to many attractions, including Canada’s Largest Ribefest, the Art Gallery of Burlington, and the Sound of Music festival. Additionally, Burlington attracts nature enthusiasts with its hiking options, as well as the presence of the Royal Botanical Gardens. The Royal Botanical Gardens is home to the world’s largest lilac collection. Burlington is also the home of actor Ryan Gosling, as well as acclaimed comedian and actor Jim Carrey, who attended school in Burlington.