What's the current $US$ worth...

TheNiteHwk

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Aug 22, 2001
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And where do I find out the rate on a day to day basis?

Yes I know I can do a google... but I'm feeling lazy. Beside I need you fine fellow TERBites advice. LOL

I know the rate changes daily, right?

This Friday I will be paying for an item that costs $999. US.

So... how much is the rate right now?

What I need to know is: How much should I pay? I'm thinking I should check the rate on Friday, right? Where can I check it? Maybe I should just go to a bank and get US money... or would that be more? Is the rate going up and down that much? Maybe I should pay on Saturday... or even Monday. Monday is the last day I can pay... so what's up TERBites? My confused mind wants to know.
 
... as of now at the bank, about 1 USD to 1.09 our loon.

Some exchange places have slightly higher rates though.
 
Our loony had a big spike today, still not as high as back in May or June.

The rate now is: $1 US = $1.1165 CAD or $1 CAD = 0.8957 US which ever the way you'd like to convert.

However, the buying and selling rates will be different than this, depend on whom you're dealing with. They need to make commission for living.
 
Exchange Rates

For up-to-the minute exchange rates I use XE.com. For historical rates I use oanda.com.

Hope this helps!

JB
 
I also use this site.
It updates several times daily.

http://xe.com
 
irocktoo said:
However, the buying and selling rates will be different than this, depend on whom you're dealing with. They need to make commission for living.

Exactly.
 
irocktoo said:
However, the buying and selling rates will be different than this, depend on whom you're dealing with. They need to make commission for living.


Berlin said:


The guy I'm dealing with is pretty easy going. Think I'll check Bank Of Canada website in the morn of day I make payment. If later he says I'm off a couple bucks... then He just owes ME a milkshake. (I don't do alcohol or coffee) :p
 
Strongbeau said:
In fact, you can use Google to convert currency!

For example, go to Google (www.google.com), and type in the search space:

1 USD in CAD​

or even

22.37 USD in CAD​

Then press Enter. Voila!

Google results:


999 U.S. dollars = 1 119.6792 Canadian dollars


Think I like Sheik's idea better. (just this time only though) <LOL>
 
TheNiteHwk said:
This Friday I will be paying for an item that costs $999. US.

So... how much is the rate right now?

The websites don't tell you what you are going to pay. The rate is whatever you negotiate. Typically it is the spot rate (website rate) + a margin.

Bank Tellers will give you a poor rate, I have seen spot + 4 cents, ie. 1.1148 + 4 = 1.155, which is a ripoff. If you can get spot +1 from somewhere then you are doing good, but it's tough to negotiate with a small amount of 999.00. By comparing different places you may be able to save 20 or 30 bucks, maybe not worth the hassle.

For the best rates go to:
http://www.friedberg.ca
http://www.cambridgefx.com