A standard roll of Canadian quarters contains 40 quarters, which means the roll has a total value of $10.
Where Can I Exchange a Roll of Quarters in Canada?
Got a few rolls of quarters you’d like to exchange for some cash? Lucky for you, you can exchange a roll of quarters in Canada at a few different places.
- Banks: Most banks in Canada offer coin exchange services to their customers. You can take your roll of quarters to a local branch and exchange them for bills or deposit them into your bank account. Banks typically don’t require you to have an account with them in order to exchange coins for cash.
- Credit unions: Like banks, many credit unions in Canada also offer coin exchange services to their members.
- Coin counting machines: Some grocery stores, retail stores, and credit unions have coin counting machines that allow you to exchange your roll of quarters for bills or a credit to use in store. These machines often charge a fee, so be sure to check the fee before using them.
- Currency exchange businesses: There are also currency exchange businesses in Canada that offer coin exchange services. Search online to find currency exchange businesses near you.
Before heading to any of these places, especially if it’s not a bank, it’s a good idea to call ahead to confirm that they offer coin exchange services and to check any fees or requirements for the exchange.
Do Shops in Canada Accept Quarters?
Yes, shops in Canada generally accept quarters as a form of payment.
You shouldn’t have trouble paying for things using coins, especially for smaller purchases like coffee or a small meal.
Many vending machines, laundromats, and other machines also accept quarters.
However, it isn’t a legal requirement for shops to accept cash or coins as a form of payment.
As other payment methods like credit and debit card “tapping” and smartphone payment technology become more widespread, more people are leaning towards digital forms of payment, especially the younger generation of Canadians.
To be safe, when going into a store, make sure you ask before purchasing anything whether they accept cash or coins as a form of payment.
IMPORTANT
Shops may have policies regarding the maximum number of coins they will accept per transaction, as handling large amounts of coins can be time-consuming and cumbersome. It’s always a good idea to check with the shop beforehand if you plan to pay with a large number of coins.
Can I Use American Quarters in Canada?
While American quarters may look similar to Canadian quarters, they cannot be used as legal tender in Canada.
In Canada, only Canadian currency is accepted as legal tender for transactions.
However, since US quarters are about the same size as a Canadian quarter, it’s not unusual for them to pass by undetected by waiters or shopkeepers, and valued at par.
If you have American quarters that you want to exchange for Canadian currency, you can visit a currency exchange business, a bank, or other financial institution that offers currency exchange services.
However, be aware that you may need to pay a fee or commission for the exchange.
Frequently Asked Questions
- How much does a roll of quarters in Canada weigh?
- Can I exchange a roll of quarters for bills at a bank in Canada?
- Are there any special markings or designs on Canadian quarters?