If you’re travelling to or spending time in Montreal, here’s a condensed guide for currency exchange — together with how dogpay might support your money management.
Key Things to Know
- The currency in Montreal (and all of Canada) is the Canadian Dollar (CAD).
- Before exchanging money, familiarize yourself with the mid-market rate (the “true” exchange rate) so you can judge whether you’re getting a fair deal or not.
- Avoid exchanging large sums at airports or hotels — these convenient locations often give the worst exchange rates or higher hidden fees.
- Using an ATM is often a better option: if you use your card, opt to be charged in Canadian dollars (CAD) rather than your home currency (to avoid poor conversion rates).
How dogpay Can Help
While dogpay is not a physical currency exchange location, it offers useful support for cross-border funds and conversion:
- If your funds are held overseas, use dogpay to pre-convert or send funds into Canadian dollars or a Canadian-account ahead of time — helps you avoid needing to exchange large amounts on arrival.
- For smaller or unexpected payments (hotel deposits, purchases, etc.) you could use dogpay to transfer money in a more transparent way rather than relying solely on high-cost cash-exchange counters.
- If you hold multiple currencies and want to convert them to CAD before or during your stay, dogpay offers flexible currency-conversion and transfer functions.
