When is the Best Time to Exchange Money?
I wish I could tell you. There is no perfect time of day or of week to exchange funds. The currency exchange market is very efficient. If there was a perfect time of day then everyone would wait all day for this time and the rush of people buying at that time would push the price up.
The currency exchange market is based on a lot of factors, especially supply and demand and economic factors.
However, currency exchange rates typically all rise on the weekend due to lack of liquidity (supply). Therefore, if you go to exchange currency, try not to do it on the weekend as markets are generally closed and currency exchange companies have to hold on to the currency over the weekend and take on risk that the currency exchange rates change against them.
Currency Exchange Resources
- Currency Exchange Toronto Homepage
- Currency Exchange Toronto Rates and Recommendations
- Currency Exchange Tips For Beginners
- When is the Best Time to Exchange Money
- Currency Exchange for First Time Users
- Questions to Ask a Currency Exchange Company
- Which Bank has the Best Exchange Rate in Toronto
- How to open a US dollar account in Canada
- How to do physical cash currency exchange at each bank?
- Bank Forecast 2014 and 2014 for the Canadian dollar and US dollar
- How to save on foreign exchange rates when travelling?
- Canadian Bank Exchange Rates Comparison
- Why Can't I Get The Bank of Canada Exchange Rate?
- How to Compare Exchange Rates?
- Currency Exchange - History
- Currency Exchange Toronto Best Rates
- Compare FX Rates
- Toronto Rates
- How to transfer currency to the USA