Currency Exchange in Edmonton
The world is getting smaller and smaller, with more international trade and travel than ever before. Canadians have historical links to France, England and other regions of Europe but our neighbor to the South is still our largest and most important trading partner. Therefore, being able to exchange Canadian Dollars to US Dollars at the best possible rate is crucial for most Canadian individuals and businesses.
Getting the best currency exchange rate can be a big problem and a large expense for businesses and individuals alike. Whether you are seeking to change the currency for commercial reasons, for real estate investment, education or just for travel, getting the best rate is critical.
Banks often don’t provide a fair rate, giving a large spread on your money. Banks have high overhead costs, big infrastructure, administration and legacy costs. They use the profits from their currency exchange business to subsidize other parts of the business. However, as a consumer, you should find the best place to exchange your money, not the biggest one. KnightsbridgeFX provides the lowest rates of any institution in Edmonton. Where other banks are providing 2.6% rates, KnightsbridgeFX is in the 0.1% to 0.5% range.
Where to Exchange Currency in Edmonton
If you are looking to exchange currency, Edmonton has numerous options that you can choose from. Whether you are looking to do cash exchange for an upcoming trip, or in search of the best exchange rate (Canada to the US), there is an option out there for you. It is, however, important that you do a little bit of research. The majority of Edmonton money exchanges are located at various points of interest, such as airports, train stations, shopping malls, and hotels. You can also take your business to your local bank.
How to Get the Best Exchange Rate in Edmonton
To compare the different rates, call the banks that you are familiar with within the region. Use a test case of $1,000 Canadian dollars. Ask each bank how many US dollars they will provide you in exchange for your Canadian currency. The bank that provides the most provides the best rate. However, banks usually fare very poorly in comparison to the rates of KnightsbridgeFX.
For those that are interested in using our services to get the lowest possible rate, simply start by filling out the form on our get started page and we’ll take it from there. We have the best exchange rate guarantee so if you find any rate that is better than ours we will beat it.
Edmonton is the capital of Alberta with about 800,000 residents. It is the second largest city in Alberta after Calgary. The growth of Edmonton has been driven by natural resources and there are large oil sands projects and diamond mines in the region today. The continued growth of Edmonton will rely upon resource extraction technology advancing and high oil prices. As these things falter, so will the economy of Edmonton.
It is considered the most northern large city in North America and a gateway to the great north of Canada. It is a festive city with many festivals throughout the year. The population consists primarily of Anglos, native peoples, international immigrants and other European descendants. Regional banks include RBC, TD Bank, Scotia Bank, BMO and CIBC among others.
Please contact us by phone at 1-877-355-5239 for a no-obligation quote on your currency exchange. One of our friendly consultants will walk you through the entire process to completion. In addition, you may also fill out the form below and we will contact you to inform you how to get the best currency exchange in Edmonton. Our friendly consultants will walk you through every stage of the process.
Edmonton is the capital of Alberta and a large metropolis with a population nearing 1 million residents. It’s located in the north of Canada and boasts of numerous important sights, which makes it one of the most visited cities in the country.
The area began to be inhabited thousands of years ago. However, European immigrants started to arrive in 1795 when the work on the Fort Edmonton project began. From that point on, Edmonton has experienced a continuous and fruitful development with its facilities and infrastructure constantly expanding.
The first hotel and hospital in the city were built in 1870; further on, Edmonton has become a sought-after area. In 1892, Edmonton was incorporated as a town and its first mayor was elected, which officially turned it into a modern municipality. In 1905, the city was declared the capital of Alberta.
Edmonton is home to beautiful forests and crossed by the North Saskatchewan River. As North America’s most northerly city, the capital’s terrain is mostly flat to slightly rolling, sprinkled with deep valleys, ravines, and aspen woods.
The city’s economy is driven by resource wealth. Edmonton is an important service and supply centre for its surrounding area. Energy production, agriculture, diamond mining, processing, manufacturing, and forestry are the main industries supporting the local economy.
Alberta’s capital is a multicultural metropolis; thus, people have the opportunity to attend various cultural, sports, and scientific events. Renowned for the North Saskatchewan River Valley, an urban green oasis, Edmonton offers tourists and residents multiple leisure ops. From entertainment centers, historic buildings, craft shops to quaint neighborhoods and fascinating wildlife, the city has everything one needs for enjoying a delightful time. Edmonton also houses the famous Fort Edmonton Park, which is the largest historic park in Canada. West Edmonton Mall (the biggest shopping center in North America), World Waterpark, Elk Island National Park, Galaxyland, Muttart Conservatory, and Edmonton Valley Zoo are other popular attractions
- Actor Michael J. Fox was born in Edmonton on June 9, 1961.
- Edmonton has more hoofed animals per square kilometer than anywhere in the world outside the African Serengeti.
- There are no rats whatsoever in Edmonton, or anywhere in the province of Alberta