Currency exchange in Virden is limit to banks or credit unions, kiosks and dealers. Shopping around for currency exchange service if the exchange amount is over $500 Canadain for most customers. Make sure to compare rate at the same time, ask fee structure beside exchange and inquire about time frame to settle the fund.
Usually banks do not keep foreign currency banknotes in stock, customers have to order with banks and wait for 3 - 5 business days to pick up. In addition, when you sell your foreign banknotes to local banks, banks may not pay you immediately, banks need to send your banknotes to their back office to vertify.
Currency exchange kiosk in airport target customers who are looking for convenient service, small amount exchange. Usually the fee or the rate are not favourable for customers.
The general rule is the more convenient location, the less favourable rate and higer fees.
There are a few currency exchange dealers in Virden. Different companies have different specilities, some focus on cash exchagne, some others conduct currency exchange by wire transfer. When you comapre the rates, please try to get quote witnin 30 minutes, becasue currency exchange rates are constantly changeing, also ask the fees they charge beside exchange.
Each currency exchange dealers, which include banks, credit unions and other dealers, offer similar but different rate. The difference is getting more significantly, when the exchange amount is getter larger, such as over $10,000 Canadian dollar. Shop around is still the best way to get the best currency exchange rate. Please make sure when you compare the rate, ask when the money will be available, what is other fees. The general idea is the more convenient locaiton, the worse rate applied.
Virden is a town in southwestern Manitoba. Oil was first discovered in 1951, and Virden has since come to be known as the "Oil Capital of Manitoba".
According to the 2011 Canadian Census, the population of Virden is 3,114, a 3.5% increased from 2006. Virden's land mass is 8.56 km2 with a population density is 363.6 people per km2. The median age is 42.7 years old which is 2 years older than the national average at 40.6 years old. There are 1,446 dwellings in Virden with an occupancy rate of 95.1%, and the median cost of a dwelling at $159,748, more than $100,000 lower than the national average at $280,552. According to the 2011 National Household Survey, 96.8% of Virden residents are Canadian citizens, and about 3.2% of residents are recent immigrants (from 2001 to 2011). The racial make up of Virden is mostly Caucasian (92.0%), with a moderate Aboriginal population (5.5%); First Nations (2.0%), Métis (3.5%), and a small visible minority population (2.7%), most of which are Filipino (2.0%) or multiracial (0.5%).
Virden has its roots as a farming community known as Gopher Creek. However, it became a railway tent town in 1882, and grew in population due to the brick and flour industry, as well as with the discovery of oil in the 1950s. The origin of the name, Virden, allegedly arose as a misspelling of the German town Verden in the homeland of the 7th Duke of Manchester's wife.
The town is located at the junction of the Trans-Canada Highway (also known as Highway #1) and Highway 83 (the "Palms to Pines" route) and is surrounded by the Rural Municipality of Wallace. Virden is a regional service centre owing in part to its location, and it has a stable commercial sector, including several restaurants, gas stations, body shops, a movie theatre, and a performing arts theatre.