# Where Can I convert Canadian currency to American dollars without a fee?

**URL:** <https://forums.speedlife.net/t/where-can-i-convert-canadian-currency-to-american-dollars-without-a-fee/47236>\
**Category:** NYSpeed Off Topic\
**Created:** [April 22, 2008, 12:17pm UTC](https://forums.speedlife.net/t/where-can-i-convert-canadian-currency-to-american-dollars-without-a-fee/47236 "2008-04-22T12:17:50Z")\
**Posts on this page:** 7\
**Page:** 2

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**Author:** ![Jam](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jam/32/7235_2.png) [@Jam](https://forums.speedlife.net/u/Jam)\
**Post date:** [November 22, 2008, 7:05pm UTC](https://forums.speedlife.net/t/where-can-i-convert-canadian-currency-to-american-dollars-without-a-fee/47236/21 "2008-11-22T19:05:10Z")

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i bank at evans and they didnt charge me a fee 5 years ago

but that prob has changed by now

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**Author:** ![greenbull](https://avatars.discourse-cdn.com/v4/letter/g/bc8723/32.png) [@greenbull](https://forums.speedlife.net/u/greenbull)\
**Post date:** [November 22, 2008, 7:07pm UTC](https://forums.speedlife.net/t/where-can-i-convert-canadian-currency-to-american-dollars-without-a-fee/47236/22 "2008-11-22T19:07:13Z")

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> [@Willybeen"](#):
>
> M and T charges 4% and i dont feel like spending $400 bucks on converting this money… esp. when its worth more than the US dollar. Any ideas?
> 
> thanks

i wonder if MTB will wave the fee for employees

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [November 22, 2008, 7:07pm UTC](https://forums.speedlife.net/t/where-can-i-convert-canadian-currency-to-american-dollars-without-a-fee/47236/23 "2008-11-22T19:07:18Z")

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> [@bobbyg1243](#):
>
> iv been trying to convert $10 in canadian that i received as a tip and everywhere i go, they say its not worth it. wtf am i supposed to do with it?

Put it under your pillow. If they screw up our economy anymore it might be worth more than the american dollar soon.

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**Author:** ![BOBBYGRV](https://avatars.discourse-cdn.com/v4/letter/b/ed8c4c/32.png) [@BOBBYGRV](https://forums.speedlife.net/u/BOBBYGRV)\
**Post date:** [November 22, 2008, 7:09pm UTC](https://forums.speedlife.net/t/where-can-i-convert-canadian-currency-to-american-dollars-without-a-fee/47236/24 "2008-11-22T19:09:25Z")

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lol its sad but true, iv had it for months now. i have this jar that i put all my spare change and random dollar bills in and out of the 5 or 6 times i cashed it in, all i had left was a handful of canadian change and these 2 canadian $5.

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**Author:** ![tpgsr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tpgsr/32/7374_2.png) [@tpgsr](https://forums.speedlife.net/u/tpgsr)\
**Post date:** [November 22, 2008, 7:14pm UTC](https://forums.speedlife.net/t/where-can-i-convert-canadian-currency-to-american-dollars-without-a-fee/47236/25 "2008-11-22T19:14:52Z")

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The Casino, Ft. Erie Race Track, Maybe the Racino in hamburg (not sure on that one)

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**Author:** ![Avatar](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/avatar/32/5076_2.png) [@Avatar](https://forums.speedlife.net/u/Avatar)\
**Post date:** [November 22, 2008, 7:43pm UTC](https://forums.speedlife.net/t/where-can-i-convert-canadian-currency-to-american-dollars-without-a-fee/47236/26 "2008-11-22T19:43:05Z")

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> [@greenbull](#):
>
> i wonder if MTB will wave the fee for employees

No.

You will not be able to exchange w/o a fee anywhere AFAIK. Everyone, at the least, has a premium built into their exchange rate. It’s usually pretty significant too as the rate is normally set in the morning and any rate that is set has to protect the bank against market fluctuations during the day. The only way I know of the get close to a “live” rate is to have an account with a bank and be exchanging large sums of money.

IMO you should just hold on to it for the next time you visit Canada. If it’s only $10 and you really can’t hold on to it, take the hit and don’t complain.

> [@90NA300ZX](#):
>
> i would never exchange money at the casino…they don’t give you enough both ways.,… **the rate varies at the casino depending on which way you’re changing it** and they screw you both ways…

This is called the bid/ask spread and is unavoidable.

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**Author:** ![llink78](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/llink78/32/8037_2.png) [@llink78](https://forums.speedlife.net/u/llink78)\
**Post date:** [November 22, 2008, 8:33pm UTC](https://forums.speedlife.net/t/where-can-i-convert-canadian-currency-to-american-dollars-without-a-fee/47236/27 "2008-11-22T20:33:45Z")

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> [@bobbyg1243](#):
>
> iv been trying to convert $10 in canadian that i received as a tip and everywhere i go, they say its not worth it. wtf am i supposed to do with it?

if you really wanna get rid of it that bad the mall has a currency exchange, go there next time you work

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