Currency exchange in Toronto
Live interbank pricing on 15 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 →- Lock it for2 hours
- CommissionNone
- At a big bankUSD 34,667.90
Lock this rate and it's held for you for 2 hours.
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 1.3907 Sell 1.4152 USD / CAD
- EUR EuroBuy 1.5877 Sell 1.6148 EUR / CAD
- GBP British PoundBuy 1.8556 Sell 1.9114 GBP / CAD
- AED UAE DirhamBuy 0.3814 Sell 0.3846 AED / CAD
- TRY Turkish LiraBuy 34.9147 Sell 35.6201 CAD / TRY
- THB Thai BahtBuy 23.6595 Sell 24.1374 CAD / THB
- LKR Sri Lankan RupeeBuy 233.48 Sell 238.20 CAD / LKR
- SEK Swedish KronaBuy 6.9726 Sell 7.1135 CAD / SEK
- PHP Philippine PesoBuy 44.4134 Sell 45.3107 CAD / PHP
- NZD New Zealand DollarBuy 1.2385 Sell 1.2635 CAD / NZD
- CNY Chinese YuanBuy 4.7023 Sell 4.7973 CAD / CNY
- JPY Japanese YenBuy 111.42 Sell 113.67 CAD / JPY
- MYR Malaysian RinggitBuy 2.8742 Sell 2.9323 CAD / MYR
- BRL Brazilian RealBuy 3.5393 Sell 3.6108 CAD / BRL
- BHD Bahraini DinarBuy 0.2647 Sell 0.2701 CAD / BHD
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.