Currency Exchange in London, Ontario (519) 937-1927
Due to a number of financial institutions in London, you have some options to exchange your currency. One important consideration to keep in mind is that the foreign currency exchange rates are impacted by the spot exchange prices on financial markets, often called the FX markets. FX markets have the most volume of trading of any financial markets in the world, and trade around the world, around the clock. That means the exchange rates are constantly moving. As such, it can be difficult to obtain accurate and timely quotes from banks. Some banks do not make their exchange information readily available, and often when you get their rates they are very steep. By the time you call more than one bank, it is possible that the exchange rate has already changed due to FX market movements.
Where to Exchange Currency in London
When looking to exchange currency, London Ontario has various options where you can take your business. With so many different places to choose from, it is important that you shop around to find the best exchange rate (Canada to US). These locations can be found in airports, shopping malls, tourist destinations, and hotels. You also always have the option to go to your bank; however, you might be receiving highly inflated rates, especially on your large amounts.
How to Get the Best Exchange Rate in London, Ontario
If you are seeking to exchange currency, you should understand the drawbacks of going to a bank. Bank exchange rates are often much worse than what a non-bank provider can offer. Most people do not realize that there are other options and only go to the banks by default. In comparison, non-bank exchange providers often have less overhead, and more incentive to offer competitive rates to individuals. At KnightsbridgeFX, we are a non-bank provider that seeks to offer competitive exchange rates combined with excellent customer service.
About London, Ontario
London is located in Southwestern Ontario at the fork of the Thames River. The city is situated approximately halfway between Detroit, Michigan and Toronto, with a population of around 366,000. London is home to a number of cultural festivals, including the Sunset Festival and the London Fringe Theater Festival. It is also home to the University of Western Ontario, which has strong life sciences research programs. The Libro Credit Union, which is owned by its members, is based in London. 3M also has its Canadian headquarters in the city.
Give us a call at 1-877-355-5239 for a no-obligation currency exchange quote and one of our representatives will walk you through the process and next steps. Alternatively, you can fill out the form below and we’ll walk you through the process of how to get the best currency exchange possible in London.
Unusual Trivia About London
- London is home to the world’s oldest operating baseball diamond. Labatt Park was opened in 1877, and it’s still in use today.
- Every single Chicken McNugget in Canada is made at a McDonald’s plant in London.
- London and the Thames River were named by Upper Canada’s Lieutenant-Governor John Graves Simcoe back in 1793. He had hoped that London would become the colony’s capital, but it was decided that York, which is now Toronto, would hold that title.
- London is at the middle point between Toronto and Windsor, both of which are about 200 kilometres away.
To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.