Currency exchange in Toronto
Live interbank pricing on 38 currencies. No commission, no hidden markup, settled the same day — on Yonge Street, serving all of Toronto and the GTA.
International wires
Send to family, schools or suppliers worldwide. Documented, traceable, out the same business day.
Start a wire →- Online locks9:00 a.m. to 4:00 p.m.
- CommissionNone
- At a big bankUSD 6,988.25
Online rate locks are available from 9:00 a.m. to 4:00 p.m. Toronto time. Request a quote and a dealer will get back to you with a rate.
Keep up to 2% more than at the bank
Banks hide a markup of two to two and a half percent inside the rate, then call the exchange free. We quote off the interbank mid and show you the difference.
Indicative, from today's live board. The bank figure assumes a typical all-in spread of 2.5% hidden in the rate; your bank's may differ.
Currencies we trade
Full rate board →- USD US DollarBuy 1.3799 Sell 1.4064 USD / CAD
- EUR EuroBuy 1.5389 Sell 1.6088 EUR / CAD
- GBP British PoundBuy 1.8360 Sell 1.9370 GBP / CAD
- AED UAE DirhamBuy 0.3496 Sell 0.4103 AED / CAD
- TRY Turkish LiraBuy 0.0264 Sell 0.0321 TRY / CAD
- THB Thai BahtBuy 0.0396 Sell 0.0455 THB / CAD
- LKR Sri Lankan RupeeRate by phone
- SEK Swedish KronaRate by phone
- PHP Philippine PesoBuy 0.0200 Sell 0.0241 PHP / CAD
- NZD New Zealand DollarBuy 0.7589 Sell 0.8245 NZD / CAD
- CNY Chinese YuanBuy 0.1924 Sell 0.2163 CNY / CAD
- JPY Japanese YenBuy 0.0083 Sell 0.0091 JPY / CAD
- MYR Malaysian RinggitBuy 0.3158 Sell 0.3758 MYR / CAD
- BRL Brazilian RealBuy 0.2288 Sell 0.3023 BRL / CAD
- BHD Bahraini DinarRate by phone
- AUD Australian DollarBuy 0.9287 Sell 1.0055 AUD / CAD
- CHF Swiss FrancBuy 1.6582 Sell 1.7590 CHF / CAD
- MXN Mexican PesoBuy 0.0732 Sell 0.0795 MXN / CAD
- INR Indian RupeeBuy 0.0111 Sell 0.0165 INR / CAD
- KRW South Korean WonBuy 0.0010 Sell 0.0011 KRW / CAD
- HKD Hong Kong DollarBuy 0.1654 Sell 0.1849 HKD / CAD
- SGD Singapore DollarBuy 1.0372 Sell 1.1571 SGD / CAD
- IDR Indonesian RupiahBuy 0.0001 Sell 0.0001 IDR / CAD
- TWD New Taiwan DollarBuy 0.0391 Sell 0.0479 TWD / CAD
- ILS Israeli ShekelBuy 0.4071 Sell 0.5081 ILS / CAD
- PLN Polish ZlotyBuy 0.3211 Sell 0.3922 PLN / CAD
- SAR Saudi RiyalBuy 0.3349 Sell 0.3943 SAR / CAD
- QAR Qatari RiyalBuy 0.3258 Sell 0.4215 QAR / CAD
- KWD Kuwaiti DinarBuy 4.0626 Sell 4.7121 KWD / CAD
- OMR Omani RialBuy 3.0836 Sell 4.1702 OMR / CAD
- HUF Hungarian ForintBuy 0.0041 Sell 0.0048 HUF / CAD
- CZK Czech KorunaBuy 0.0598 Sell 0.0697 CZK / CAD
- RON Romanian LeuBuy 0.2380 Sell 0.3348 RON / CAD
- TTD Trinidad and Tobago DollarBuy 0.1549 Sell 0.2311 TTD / CAD
- ZAR South African RandBuy 0.0805 Sell 0.0923 ZAR / CAD
- ISK Icelandic KronaBuy 0.0103 Sell 0.0130 ISK / CAD
- COP Colombian PesoBuy 0.0004 Sell 0.0005 COP / CAD
- CLP Chilean PesoBuy 0.0013 Sell 0.0016 CLP / CAD
Send money abroad
All destinations →- Send money to England CAD → GBP · British pounds 1 CAD = 0.5163 GBP
- Send money to the USA CAD → USD · US dollars 1 CAD = 0.7110 USD
- Send money to Germany CAD → EUR · euros 1 CAD = 0.6216 EUR
- Send money to Dubai CAD → AED · UAE dirhams 1 CAD = 2.4372 AED
- Send money to South Korea CAD → KRW · South Korean won 1 CAD = 889.68 KRW
- Send money to Mexico CAD → MXN · Mexican pesos 1 CAD = 12.5786 MXN
- Send money to China CAD → CNY · Chinese yuan 1 CAD = 4.6232 CNY
- Send money to the Philippines CAD → PHP · Philippine pesos 1 CAD = 41.4938 PHP
For business
All business services →- Import & export payments Pay overseas suppliers and receive from foreign buyers — at interbank rates, on your schedule. Learn more →
- FX concierge A dedicated dealer who knows your business, your currencies and your deadlines. Learn more →
- Supplier invoice payments Pay supplier invoices anywhere: international wire (TT) or Alipay for suppliers in China. Learn more →
- Corporate cheque cashing Turn business cheques into cash or a transfer — without waiting on a bank hold. Learn more →
- Corporate cash management Bulk foreign cash, scheduled currency orders and large exchanges — counted, documented and ready when you need them. Learn more →
Everything you need to move money
Currency exchange
USD, EUR, GBP, AED and a dozen more quoted off the interbank mid with no commission — cash across the counter or straight to your account.
International wires
Funds to family or suppliers anywhere in the world: documented, traceable, and out the door the same business day.
Tuition payments
Canadian and overseas institutions paid on deadline, with the reference and student ID attached so the registrar can match it.
Gold, silver and platinum
Bullion bought and sold against the live metals board, settled by cheque with receipt, EFT, or cash by arrangement.
Business & import payments
Volume pricing and standing schedules for Toronto importers, exporters and professional firms working across borders.
Three steps. Same day.
Quote
Call or message the desk with the amount and the pair. The rate is quoted live off the mid, with no obligation.
Under five minutesVerify & lock
Government ID, and source of funds on larger amounts — the FINTRAC file we are required to keep. The rate is then fixed.
Same daySettle
Send by cash, debit, e-transfer, EFT, cheque or wire. Converted funds go where you direct them, confirmed in writing.
Same day by wireOur home turf: North York.
On Yonge Street near Finch, in the heart of North York. Clients come along Yonge, across Finch from Bathurst and Bayview, or by subway to Finch station — call ahead with the amount and it is ready when you arrive.
- Willowdale
- Newtonbrook
- Bayview Village
- Lansing
- York Mills
- Don Mills
- Bathurst Manor
- Westminster–Branson
- Hillcrest Village
- Yonge & Finch
- Yonge & Sheppard
- Bayview Woods–Steeles
- Armour Heights
What clients say
- ★★★★★
They are a very good and trustworthy exchange. They handle money transfers in the fastest time possible, even under the most difficult circumstances. Most importantly, there is no need to go to the exchange in person to make a transfer, which is a huge help.
Mahsa S. Google review · 2025 - ★★★★★
I recently had the pleasure of using Diplomat currency exchange service and I must say it exceeded my expectations. They were friendly and efficient. The rates offered were competitive, and the entire process was quick and hassle-free. I appreciate the level of professionalism displayed by the team. What truly stood out was their commitment to punctuality – the money was deposited into my family's account exactly as promised. I’m sending money to Iran frequently and I’ve been trying different exchange currency service providers in Toronto but unfortunately I’ve always had problems with their awful services. If you're in need of currency exchange services, I highly recommend giving them a visit. A five-star experience all around!
Shoku A. Google review · 2024 - ★★★★★
“Intelligent people possess remarkable and valuable qualities. Diplomat Exchange, under the management of Mr. Alviri, truly understands that the key to success in business is gaining the satisfaction of the customers. On my part, I would like to express my utmost gratitude to him and his esteemed colleagues. Thank you for making trust and honesty your guiding principles
Ali J. Google review · 2024
Questions, answered
How much better than the bank is your rate?
Typically 1.5 to 2 percent better on CAD/USD, depending on the amount. On a 50,000 dollar exchange that is usually 750 to 1,000 dollars kept rather than paid away inside the spread.
Is Diplomat Exchange licensed?
Yes. Diplomat Exchange Inc. is registered with FINTRAC as a Money Service Business under MSB number M23907027, and follows Canadian record-keeping and reporting requirements on every transaction.
Where are you located — do you serve all of Toronto?
Yes. Our office is at 5587 Yonge Street, Toronto — on yonge street near finch, in the heart of north york. We serve clients across Toronto and the GTA, and most come from North York neighbourhoods like Willowdale, Newtonbrook, Bayview Village and Bathurst Manor.
What identification do I need?
One piece of valid government photo identification for most transactions. Larger amounts require proof of source of funds — a bank statement, sale document or similar — which we confirm when quoting.
How long does an international wire take?
Wires sent before the afternoon cut-off usually arrive within one business day, and within two for less common corridors. You receive written confirmation with the transaction reference.
Can I buy or sell gold and silver?
Yes. Bullion is quoted by phone because the metals market moves through the day, and settled by cheque with receipt, EFT, or cash by prior arrangement.