Based on some queries we have received here at Niagara Falls Visitors Guide about currency, I thought that I would let the readers of this blog in on some tips and recommendations for currency conversion in Niagara Falls Canada. Generally U.S. Dollars are accepted at most attractions, restaurants and souvenir stores. The question is, should you exchange your money before crossing the border at your local bank? If the U.S. dollar was worth more I would generally have to recommend that you exchange your currency before entering Canada, but due to the current exchange rate, it is not really that important. I will update this post if & when the currency rates swing back in the favor of the American Tourist in Niagara Falls.

Why exchange before you come to Niagara Falls on your vacation? I have noticed, on my frequent trips to local souvenir stores in Canada that most of the shops will give a poor exchange rate. I have seen as much as 5o to 75 cents on the dollar over what you could get at your local bank before your even go on your vacation. There are plenty of banks in Niagara Falls USA where you can exchange your money before heading over the border to Canada.

Here is another tip – watch your credit and debit card purchases while in Canada if your issuing bank is in the United States. Most banks charge anywhere between $2 and $5 as a currency conversion rate fee. Check with your card issuer before going hog wild with your credit card on vacation in Canada as you can end up spending a lot more money then originally intended.