Melli Exchange

Melli Exchange

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News & Analysis

Currency and gold market news from VBCE, FXStreet, and our team.

VBCE Market Watch

Daily FX Update

From Melli Exchange

What’s the New Normal? Navigating Currency Markets, Gold, and Business Uncertainty in 2026
Melli Exchange

What’s the New Normal? Navigating Currency Markets, Gold, and Business Uncertainty in 2026

Global markets are entering another phase of prolonged uncertainty as we head into May, and for Canadian businesses, investors, and travelers, the question is no longer when things will stabilize, but whether volatility itself has become the new normal.

May 6, 2026

Daily Foreign Exchange Update for May 6, 2026
Melli Exchange

Daily Foreign Exchange Update for May 6, 2026

USD/CAD struggles for direction on Wednesday as renewed optimism surrounding a potential US-Iran peace deal pressures the USD, while falling Oil prices weigh on the commodity-linked CAD.

May 6, 2026

Daily Foreign Exchange Update for May 5, 2026
Melli Exchange

Daily Foreign Exchange Update for May 5, 2026

USD/CAD is stuck in a bit of a holding pattern this morning, hovering in the low 1.36s after a pretty uneventful overnight session that saw the pair trade in a tight range.

May 5, 2026

Daily Foreign Exchange Update for May 4, 2026
Melli Exchange

Daily Foreign Exchange Update for May 4, 2026

USD/CAD edges higher on Monday as rising tensions in the Strait of Hormuz, amid the ongoing US–Iran standoff, support the USD. At the time of writing, the pair is trading around 1.3615, up nearly 0.22% on the day.

May 4, 2026

Daily Foreign Exchange Update for May 1, 2026
Melli Exchange

Daily Foreign Exchange Update for May 1, 2026

Yesterday, USDCAD dropped from 1.3689 down to 1.3580 – its lowest level since March 11th.

May 1, 2026

Daily Foreign Exchange Update - April 29, 2026
Melli Exchange

Daily Foreign Exchange Update - April 29, 2026

USD/CAD traded essentially flat on Wednesday, last seen near 1.3680 after a brief whipsaw spike to about 1.3710 was quickly retraced.

Apr 29, 2026

Currency & Precious Metals in Review: How 2025’s Volatility Reshaped Canadian FX and What It Signals for 2026
Melli Exchange

Currency & Precious Metals in Review: How 2025’s Volatility Reshaped Canadian FX and What It Signals for 2026

This year-end review looks back at how clients responded to the defining market forces of 2025, particularly U.S. tariff announcements, interest-rate expectations, and global risk sentiment. Hear what our Traders observed in 2025, and their outlook for 2026.

Dec 19, 2025

Canadian Business Owner’s Guide to Currency Exchange and Precious Metals
Melli Exchange

Canadian Business Owner’s Guide to Currency Exchange and Precious Metals

This guide outlines what every Canadian business owner should know about managing currency exchange and bullion purchases efficiently, cutting costs, reducing risk, and regaining control, without the hidden bank fees and slow, one-size-fits-none processes that stall growth.

Oct 22, 2025

A Day in the Life of Melli Exchange’s New Surrey Branch
Melli Exchange

A Day in the Life of Melli Exchange’s New Surrey Branch

Surrey's expansion isn't just a new address; it’s our company continuing to provide customers the same high-touch customer service in one of the most dynamic communities in B.C.

Aug 29, 2025

Managing Your U.S. Property: A Canadian’s Guide to Currency, Costs, and Cross-Border Confidence
Melli Exchange

Managing Your U.S. Property: A Canadian’s Guide to Currency, Costs, and Cross-Border Confidence

From rising costs to political uncertainty, Canadians managing U.S. properties are navigating new challenges. Now more than ever, it’s critical to have the right tools and the right partner to manage your U.S. mortgage, HOA fees, and property expenses.

Jul 25, 2025

Growth at Guildford Town Centre: Melli Exchange Expands with New Surrey Location
Melli Exchange

Growth at Guildford Town Centre: Melli Exchange Expands with New Surrey Location

Melli Exchange is growing! We’re excited to announce that we’re expanding across the Fraser River with a brand-new branch opening at Guildford Town Centre in late Summer 2025.

Jun 24, 2025

A Finance Leader’s Guide to Managing Foreign Income, Expenses, and FX Risk
Melli Exchange

A Finance Leader’s Guide to Managing Foreign Income, Expenses, and FX Risk

This guide provides finance leaders with practical strategies for managing foreign income and expenses while mitigating FX risk. It draws insights from Melli Exchange industry experts and highlights how Canadian companies we work with manage these risks.

Apr 30, 2025

Canadians re-considering travel plans - CityNews report
Melli Exchange

Canadians re-considering travel plans - CityNews report

Melli Exchange Trader Garo Mavyan speaks with CityNews on the changes he's observing as a FX Trader when it comes to destinations Canadians are selecting now for travel plans abroad.

Feb 10, 2025

The Impact of Tariffs on Currency and Precious Metals Markets
Melli Exchange

The Impact of Tariffs on Currency and Precious Metals Markets

The US's talk of tariffs has added volatility to the currency and precious metals markets. We asked our Melli Exchange Traders what their customers were concerned about, and what steps could be taken by individuals and businesses during these uncertain times.

Feb 10, 2025

2024 Currency and Precious Metals Market: A Year in Review and a Look Ahead to 2025
Melli Exchange

2024 Currency and Precious Metals Market: A Year in Review and a Look Ahead to 2025

This year, our dollar weakened significantly against the USD, and precious metals continue to soar. There were many ups and downs between surges and volatility which is part of our daily life at Melli Exchange. As we wrap up 2024, we check in with our currency and precious metal traders to see how the year went and what they look forward to next year. Read the article.

Dec 23, 2024

Precious Metals Spotlight: Gold as a Business Investment is Trending
Melli Exchange

Precious Metals Spotlight: Gold as a Business Investment is Trending

We’ve been around for over 35 years and have experienced all the ups and downs of the markets, which is a normal state of affairs. Sometimes, however, we notice something new that is exciting and leads us to learn more about what might be causing the change.

Nov 14, 2024

Economic indicators and factors impacting currency exchange leading up to the US Election
Melli Exchange

Economic indicators and factors impacting currency exchange leading up to the US Election

Regardless of your political affiliation, we can agree that some key economic indicators will impact currency exchange for Canadian businesses and individuals. What should a business or individual do to help mitigate some of the volatility? We spoke to Steve Brown, a Senior Melli Exchange Trader with over 25 years of experience, to discuss some helpful strategies for common currency pairs during these uncertain times.

Oct 22, 2024

Market Spotlight: How the Bank of Canada interest rate cuts impact the currency exchange market
Melli Exchange

Market Spotlight: How the Bank of Canada interest rate cuts impact the currency exchange market

As the Bank of Canada announces another cut to interest rates today, what is the expected impact on the currency exchange market? Is there one? And what should businesses do to plan for upcoming foreign exchange needs?

Sep 5, 2024

Top Reddit questions about Melli Exchange
Melli Exchange

Top Reddit questions about Melli Exchange

We love the Reddit community and find that Melli Exchange commonly comes up as a topic in the community threads. We thought it would be nice to share answers to the Reddit community's questions since these are helpful when exchanging currency.

Jul 15, 2024

What is the best way to Pay USD Suppliers?
Melli Exchange

What is the best way to Pay USD Suppliers?

When importing and exporting, a strategy to optimize foreign payments is a wise idea. We share the best way for business owners and accounting teams to pay suppliers or vendors in USD to get the strongest USD to CAD or CAD to USD exchange rate and reduce bank transfer fees. Read more.

May 30, 2024

Where to get the best currency exchange rates
Melli Exchange

Where to get the best currency exchange rates

If you are heading on a trip or have personal or business needs for foreign currency, you’ll need to decide where to get the best currency exchange rate near you. Read more.

Mar 28, 2024

Weekly Foreign Exchange Wrap Up for Feb. 12 – 16, 2024
Melli Exchange

Weekly Foreign Exchange Wrap Up for Feb. 12 – 16, 2024

The USD and the CAD along with most major currency pairings ended the week largely unchanged

Feb 21, 2024

Weekly Foreign Exchange Wrap Up for Feb. 5 – 9, 2024
Melli Exchange

Weekly Foreign Exchange Wrap Up for Feb. 5 – 9, 2024

The USD and the CAD were largely unchanged this week. Risk aversion flows Monday and early Tuesday saw USDCAD repeatedly test 7 week highs near 1.3540 while the USD trade-weighted index climbed to a 3 month high.

Feb 13, 2024

Weekly Foreign Exchange Wrap Up for Jan 22 - 26, 2024
Melli Exchange

Weekly Foreign Exchange Wrap Up for Jan 22 - 26, 2024

The USD had a mixed performance this week with the trade-weighted index initially gaining 0.5% before losing 1% only to recover and close the week marginally higher.

Jan 31, 2024

FX Glossary - Getting the best currency exchange rate
Melli Exchange

FX Glossary - Getting the best currency exchange rate

We’ve put together the Top 10 currency exchange terms to know when exchanging funds. This FX glossary applies to common exchanges between USD and CAD, CAD to USD, Euro and CAD, and across the other 80+ currencies we work with. Read on!

Jan 23, 2024

Monetary Hawk to Dove Considerations - Melli Exchange’s 2023 Market Review and 2024 Outlook
Melli Exchange

Monetary Hawk to Dove Considerations - Melli Exchange’s 2023 Market Review and 2024 Outlook

Melli Exchange Traders Steve Brown, Garo Mavyan, Pandu Vitharana, and Jeffrey Wong share their annual look back at 2023, and look forward to 2024.

Dec 28, 2023

Foreign Exchange Trader Spotlight: Garo Mavyan
Melli Exchange

Foreign Exchange Trader Spotlight: Garo Mavyan

We continue our series of Trader Profiles this month. Our team of experienced and knowledgeable traders enjoys helping clients manage currency trades, buy and sell precious metals, and efficiently manage international payments.

Dec 5, 2023

Celebrating Small Business Month
Melli Exchange

Celebrating Small Business Month

Entrepreneurs are the heart of Canada. In BC, we have more small businesses per capita than any other province. In Canada, we celbrate Small Businesses in October, We are sharing events and resources for Small Businesses to take advantage of this month!

Oct 11, 2023

Where to exchange currency near me
Melli Exchange

Where to exchange currency near me

In the Greater Vancouver area, Melli Exchange has four convenient locations where people can walk in and get a wide selection of denominations in stock for over 80+ foreign currencies. Banks love our breadth of options and usually refer their customers to us. To help get you to the closest location, we’ve put together some key info on the areas our branches are located in and how best to plan your trip to avoid wait times.

Oct 4, 2023

Common Money Mistakes in Currency Exchange
Melli Exchange

Common Money Mistakes in Currency Exchange

How do you know if you are making mistakes when exchanging money? Learn which common currency exchange money mistakes you might be making, and how much money you are leaving on the table.

Aug 28, 2023

When to exchange funds for studying abroad
Melli Exchange

When to exchange funds for studying abroad

As students prepare to return to school, we see international students heading abroad as well, and their outlook on planning for school has a few additional steps. A common question is when should you exchange funds for studying abroad?

Aug 25, 2023

Managing Foreign Currency for Business: How Okanagan hospitality business RestNest rentals saves more when managing USD to CAD exchange
Melli Exchange

Managing Foreign Currency for Business: How Okanagan hospitality business RestNest rentals saves more when managing USD to CAD exchange

Making memories is a top priority for RestNest and the website allows visitors to book directly, speak to a local expert in the region, and find lodgings in Kelowna and the surrounding areas that exceed expectations. Accepting both USD and CAD allows visitors to book in their preferred currency and gives the company the flexibility to use both currencies to manage the business. Learn how they use currency exchange services to manage company revenue and expenses.

Jun 29, 2023

When to exchange money for travel - Get the best bang for your buck for your summer travel plans
Melli Exchange

When to exchange money for travel - Get the best bang for your buck for your summer travel plans

You’ve done the research into where you want to travel, but have you considered when to buy currency for your trip? Read when to get the best bang for yoru buck for your travel plans.

May 24, 2023

Foreign Exchange Trader Profile: Steve Brown
Melli Exchange

Foreign Exchange Trader Profile: Steve Brown

No two clients are alike, and no two businesses are alike. Our traders have a vast set of professional skills and market trading experience working with multiple industries. Learn how they can support a wide set of needs for Canadian businesses.

Mar 24, 2023

Going above & beyond for customers is the heart of what we do at Melli Exchange
Melli Exchange

Going above & beyond for customers is the heart of what we do at Melli Exchange

As we start the new year, we like to remind ourselves why we love doing what we do. We focus first and foremost on our customers and the value we provide them in the service of our work. We do more than give great exchange rates; we step in to help where needed, and this is because we live our company values every day. Read the article.

Feb 14, 2023

Volatility and Opportunity – Melli Exchange’s 2022 Market Review and 2023 Outlook
Melli Exchange

Volatility and Opportunity – Melli Exchange’s 2022 Market Review and 2023 Outlook

As Melli Exchange looks ahead to 2023 we would be remiss to not look back at one of the most volatile years in the currency exchange and precious metals markets we’ve seen in our 30+ years in business. Melli Exchange Traders specialize in foreign exchange and gold and silver trading, so we asked them to share their thoughts regarding 2022 as well as their opinion on what’s to come in 2023.

Dec 30, 2022

Melli Exchange Online platform update streamlines currency exchange online
Melli Exchange

Melli Exchange Online platform update streamlines currency exchange online

We are happy to share an updated design and mobile-friendly update for the Melli Exchange Online platform, is now live. Read more about the update.

Nov 3, 2022

Cross Border Gift Buying - Online & Destination Shopping for Canadians heading to the US
Melli Exchange

Cross Border Gift Buying - Online & Destination Shopping for Canadians heading to the US

There are many reasons people love cross-border gift buying, and whether frequently done or done only on occasion, using two currencies to shop can be a new skill to learn to benefit from the experience. Learn how to get the most out of cross-border shopping. Read the full article.

Oct 15, 2022

Accountants Guide to Foreign Exchange
Melli Exchange

Accountants Guide to Foreign Exchange

We work with accounting teams daily, helping them manage foreign currencies and have put together a guide with the key steps for accounting professionals and business owners managing foreign exchange. Read the guide.

Aug 13, 2022

International Student Financial Prep List
Melli Exchange

International Student Financial Prep List

Thinking about studying abroad? Review the Financial Prep List for Canadian students planning to study in the US, UK or further abroad. Click on the article date or title to read the full article.

Aug 6, 2022

One-third of Canadians are considering early retirement: the impact on retirement planning for U.S. Expats in Canada
Melli Exchange

One-third of Canadians are considering early retirement: the impact on retirement planning for U.S. Expats in Canada

When it comes to retiring as a U.S. expat in Canada, some additional steps will be needed to manage two currencies and multiple sources of retirement income. Read more about what to consider, click on the article date for the full article.

Jun 18, 2022

Buying Precious Metals - How are precious metals sold?
Melli Exchange

Buying Precious Metals - How are precious metals sold?

With the current market fluctuations, we tend to get a flood of interest, and questions from individuals around buying precious metals such as gold and silver bullion in Vancouver and the surrounding areas. Read the answers to the most frequent questions around how precious metals are sold. Click on the date below to read the full article.

May 15, 2022

5 Reasons To Switch To Online Money Transfer Now
Melli Exchange

5 Reasons To Switch To Online Money Transfer Now

The benefits of having options for your currency exchange needs when sending money to the US and worldwide. Learn the 5 top reasons to switch to online money transfer today. Click on the date below to read the full article.

Apr 9, 2022

How Melli Exchange Became The Leading Private Foreign Exchange Company In Western Canada
Melli Exchange

How Melli Exchange Became The Leading Private Foreign Exchange Company In Western Canada

Melli Exchange started in 1989 and we've grown to fivelocations in the greater Vancouver area. For the past 35 years, customers have been the heart of our business. Learn about our journey. Click on the date below to read the full article.

Feb 22, 2022

Saving big while paying for international tuition and student expenses
Melli Exchange

Saving big while paying for international tuition and student expenses

Studying abroad spotlight: Save up to 2-3% in currency exchange when financing international studies with Melli Exchange. Click on the date below to read the full article.

Dec 22, 2021

Case Study: How Saving on Foreign Exchange Rates and International Wire Transfers Impact the Bottom Line
Melli Exchange

Case Study: How Saving on Foreign Exchange Rates and International Wire Transfers Impact the Bottom Line

Tech Spotlight: Anemone Interactive Case Study - Hear how this Vancouver based Tech company navigate foreign exchange needs as part of their financial management process.

Nov 2, 2021

Managing Foreign Pension Income
Melli Exchange

Managing Foreign Pension Income

> As you plan your retirement, it is good to know how to increase foreign pension earnings right away with a strong currency exchange rate. This article will share options to increase your foreign pension income by up to 3% right away through the currency conversion step. Click on the date below to read the full article.

Sep 23, 2021

Trust & Value: How To Get More From Your Currency Exchange Rate
Melli Exchange

Trust & Value: How To Get More From Your Currency Exchange Rate

Navigating Foreign Exchange for international business and cross-border personal needs Melli Exchange has been in business for over 30 years and we regularly get questions about how businesses and individuals can best manage their currency exchange needs and reduce risks and costs for trading currencies. Whether you are a snowbird heading to the US, or an import/export business we have our Top FX Tips below to reduce risk in foreign exchange transactions and earn more from currency exchange. Click on the date below to read the full article.

Aug 12, 2021

Top 3 Money Exchange Strategies That Actually Make You Money
Melli Exchange

Top 3 Money Exchange Strategies That Actually Make You Money

You don’t need to be a day trader to get more value from your foreign exchange needs, learn the basics and understand how to make more money when buying and selling foreign currency. Our Melli Exchange FX Traders sat down to share some top currency exchange tips to help you better navigate the FX market information to make better-informed decisions. Click on the date below to read the full article.

Jun 9, 2021

Maximize your USD earnings when converting USD to CAD
Melli Exchange

Maximize your USD earnings when converting USD to CAD

Meet Garo Mavyan, our Tech Industry FX specialist. His deep understanding of the types of services that work for the Tech industry can help you get the most substantial exchange rate for your USD dollars to help maximize your earnings when exchanging funds from USD to CAD. Click on the date below to read the full article.

May 29, 2021

What Is The Best Precious Metal To Invest In Right Now?
Melli Exchange

What Is The Best Precious Metal To Invest In Right Now?

By name, Vancouver Bullion and Currency Exchange (Melli Exchange) it’s clear that we trade in precious metals, such as gold and silver, as one of our core businesses. Melli Exchange is a registered Royal Canadian Mint Bullion DNA Dealer and Trader in qualified bullion recognized by LBMA accreditation. Bullion is the selling of gold, silver and platinum in a physical form that can be used as an investment or as an input resource to the manufacturing of items such as jewelry. We sell to those looking for physical possession of precious metals. A common question we get asked is what is the best precious metal to invest in, right now? Click on the date below to read the full article.

May 5, 2021

How To Pay International Bills Easily To Get On With Life
Melli Exchange

How To Pay International Bills Easily To Get On With Life

It seems like our lives and schedules are constantly getting busier, and as such, it's important to find efficient solutions to best manage your time. Whether you're looking to fund your living expenses in a foreign country, pay for maintenance on a foreign property, or if you're a business looking to send payments to your overseas suppliers, Canadians transacting across borders have some great options to pay international bills easily while saving time and money. Click on the date below to read the full article.

Feb 8, 2021