US/Can Exchange
I got $1.41 Canadian for $1 US from my bank.<BR>I know it's a moot point, did I get overcharged? I thought I saw 1.52 somewhere.
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You got a good screwing! You should get at least 1.50$, including commissions and service charges.
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Were you in Canada or the United States at the time?<BR><BR>I use, in Canada, one dollar US bills to buy newspapers that, with tax, cost $1.50 Cdn quite often.<BR><BR>Inthe last little while, the US dollar has dropped in value cf the Candian dollar, but the $1.41 rate seems low to me, too.<BR><BR>Are you discussing cash money, or travelller's checks or some other form of currency?<BR><BR>And, normally, selling gets you a different price than buying, but the straight rate today is about $1.515<BR>BAK<BR><BR>BAK
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I knew I should have shopped around. Got the rate at Chase in New York. Oh well.
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I'm not so sure you would have done much better shopping around in New York, assuming you were only dealing in some small (to a bank, not neccessarily to you) amount of money.<BR><BR>BAK
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The best way is to simply use an ATM card once in Canada, or a Credit Card. You would get the best rate. My friend changed $50.00 USD at the Tim Hortons in downtown Toronto which was offering a $1.50 exchange rate. He bought some donuts and coffee and received over $70 CDN in change. Lol.<BR>
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