Use our savings calculator to see how much you can save on your next transaction

Take advantage of the best exchange rates when buying US real estate, moving to another country, sending money to family, and paying foreign tuition.

Free same-day transfers, no hidden fees and professional service.

Our converter uses mid-market rates. The rate is subject to change.

Interbank Rate: 1 USD = 1 USD


Your savings when exchanging with KnightsbridgeFX instead of your bank.

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We are the most trusted name in foreign currency exchange...

in Canada with over 70 media news interviews including 20 video interviews all by Canadian news outlets

Trusted and Reviewed

“I saved a huge amount…about $3,000 over the bank quoted for U.S. dollars…everything went as smooth as a dream”

David Newman,

Florida Property Buyer interviewed by the Toronto Star

“You can save hundreds, if not thousands of dollars”

Terry Ritchie,

Calgary-based financial planner who specializes in cross-border financial issues.

“KnightsbridgeFX is an online currency exchange company that seeks to undercut foreign exchange rates offered by larger financial institutions”

Preet Banerjee,

columnist, for the Globe and Mail

“KnightsbridgeFX is “the costco’s of foreign exchange”

Financial Advisor quoted in the Globe and Mail

See KnightsbridgeFX in the Media

It's really, really simple to use

Get a no-obligation quote

Call us to obtain a free no-obligation exchange rate quote.

Book a transaction

Confirm an exchange rate and receive a trade confirmation receipt confirming all details before you transfer funds.

Transfer Funds

Send funds by online bill payment or bank transfer and converted funds will be sent to your destination same day or next day.

Best USD Exchange Rates in Toronto

If you are looking for the reliable currency exchange in Toronto, best rate and service that you can possibly get is with Knightsbridge Foreign Exchange.  We will give you the lower-than-bank foreign currency exchange rate in Toronto, guaranteed. Knightsbridge Foreign Exchange takes special pride in offering you 100% satisfaction with our services. With us, you can not only expect to get the best exchange rate in Toronto, but also the timely delivery of your money and top-notch service tailored to your personal needs.

Bank Exchange Fee Source
Knightsbridge FX 0.1%-0.7% Knightsbridge FX
Royal Bank of Canada (RBC) 2.6% RBC Exchange Rates
TD Bank 2.6% TD Exchange Rates
Scotia Bank 2.8% Scotia Bank Exchange Rates
Bank of Montreal (BMO) 2.6% BMO Exchange Rates
CIBC 2.7% CIBC Exchange Rates

Best Currency Exchange in Toronto

If you intend to exchange amounts larger than $5,000, you will find that Toronto currency exchange rates vary from bank to bank and from one financial institution to another. By doing a simple online research on your own you can see how the exchange rate in Toronto vary, which can save you large amounts of money. Firstly you should call your bank to give you their best quote for the amount that you intend to exchange. Then, call us at Knightsbridge Foreign Exchange and we will do the same. You will be able to gauge the difference by yourself and calculate the amount that you are going to save by using our services. Depending on the exchange amount, you will be able to save from a few hundreds to several thousands of dollars. Definitely worth considering.


Best Exchange Rates in Toronto

It is always a good idea to watch out on Toronto currency exchange rates several days before you decide to make the actual exchange, to see if there are any notable fluctuations. Knightsbridge Foreign Exchange offers you the ability to lock-in the rate you receive from us. All you need to do is to tell us the rate you wish to receive and we will make the transaction of your funds at the very moment when that rate becomes available.

The exchange rate your Toronto bank will offer you will always include a significant markup for your currency exchange and other transactions. We at Knightsbridge Foreign Exchange regularly monitor the rates that the banks and other financial institutions are offering and we make sure to always go cheaper and offer you the best exchange rate in Toronto.

To receive the best currency exchange in Toronto, set up an account at our site, after making certain that you have bank accounts in both US and Canadian dollars currencies. After you book a transaction with us, Knightsbridge Foreign Exchange will lock-in your exchange rate and you will receive a trade-confirmation about the amount that you wish to exchange and your preferred exchange rate. You will receive this without any obligation to actually do a transaction. When you decide to do it, send the funds by an online bill payment or through a wire transaction.
Once the funds are exchanged they are sent either back to your account, or to a destination of choice in the US or Canada.

When you initiate the transfer, it may take about six business days to receive the funds, but it usually takes no longer than 3 business days.


To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.

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