The official currency of Canada is the Canadian dollar. Tourists visiting Canada will need to exchange their currency to Canadian dollars when they enter the country.
The US dollar, which is the American currency, is usually accepted in most cities including Niagara Falls, Ontario.
In recent years, the Canadian dollar has been almost equivalent to the US dollar in value. So, planning a trip to Niagara Falls Canada with a US budget should not be too difficult.
Knowing About Canadian Currency
Just like American currency, Canadian currency has bills in denominations of $5, $10, $20, $50, and $100. You also have $1 and $2 dollar coins in addition to smaller coins like pennies, nickels, quarters, and dimes.
Using American Money in Niagara Falls Canada
Most establishments in Niagara Falls Canada take or accept American money and American debit and credit cards. However, it is best to change your American currency to the Canadian dollar to get a better exchange rate.
US currency is accepted at most hotels, attractions and restaurants in Niagara Falls Canada. So, planning a trip to Niagara Falls is quit simple for American tourists.
Parking meters, vending machines or anything that requires the deposit of coins will only accept Canadian currency.
If you use American money at retailers and other establishments, you may not be getting the exact national rate and it might become difficult to estimate your expenditure when you are not getting the right exchange rate.
US tourists can exchange their currency at exchange kiosks found in popular tourist areas, airports and border crossings. Currency can also be exchanged at banks, but you may have to pay a processing fee.
If you are staying for more than a day, it is better to use Canadian currency. You should note that businesses that accept American money set rates that may be unfavourable to you.
You could always use your bank card to withdraw Canadian cash from an ATM.
Enjoy your stay in Niagara Falls Canada. Book a winery tour or a day tour to see top attractions.
Mississauga To Niagara Falls Day Tour (Small Group. Includes Boat Cruise & Wine Tasting)
Mississauga To Niagara Falls Day and Evening Tour (Small Group. Includes Boat Cruise & Wine Tasting)
Toronto To Niagara Falls Day Tour (Small Group. Includes Boat Cruise & Wine Tasting)
Toronto To Niagara Falls Day and Evening Tour (Small Group. Includes Boat Cruise & Wine Tasting)
Oakville To Niagara Falls Day Tour (Small Group. Includes Boat Cruise & Wine Tasting)
Oakville To Niagara Falls Day and Evening Tour (Small Group. Includes Boat Cruise & Wine Tasting)
