Exchange US Dollars

GringoStar

New member
Jun 22, 2007
18
0
0
I am working in Toronto untill November. I need to exchange around $800 US .I am close to the Airport. Where should I exchange for a good rate? Thanks to all for any info.
 
any bank
 
Call and ask first. Some banks give better rates than others and Canadian banks give better rates than US banks.
 
GringoStar said:
I am working in Toronto untill November. I need to exchange around $800 US .I am close to the Airport. Where should I exchange for a good rate? Thanks to all for any info.


I would suggest putting the money in a us dollar account foirst ( you would have to open one up first then when the exchange rate is at its highs for getting alot of canadian money then change it over, but if i had 800 american i would bank the money till the exchange rate is 1.24 or 1.25 not 1.12 which it is now.
 
It'll probably fall more, so convert now. The USD is falling across the board, against all currencies so it's not looking good for the greenback.
 
what is hurting usd vs cad is rising gas prices.
gas up, canadian dollar is up.

2 days ago 1000 usd was less then 1100 cad
( put in a us account of RBC and from the us acct transferred to can acct.)
of course.

Since summer coming, gas prices going up, try to convert all I have ASAP