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In 1983, the Calgary Foreign Exchange Office opened an office at 407 Second Avenue, Southwest of Calgary, Alberta. With the development of foreign exchange business, Calgary's foreign exchange began to expand to the national retail industry. In May 1993, Calgary Forex began operating under the name of Currency International to reflect the international capabilities of their growing companies. In 2000, Calforex wanted to mark them into the new century with a rejuvenated corporate image. It is contemporary, unique, and appealing. Today, Calforex operates retail stores in British Columbia, Alberta, Ontario, and Quebec. Tony Trutler is the president of it and oversees the company's daily operations. Vice President Eduardo Melo manages retail stores across Canada.