From what I understand, not every place offers the same rate of exchange. Online, the rate listed was 1.15 CD for every 1 USD..but then at my bank, the rate was .808
Why s o much difference? Where can I go to get hte best rate?
Re: Exchange rate...
send me all your cash, i will give u the best exchange rate :)
Re: Exchange rate…
Haha… you have to be careful how the rate is being displayed. Bank may be showing how many USD you will get for each C$ you give them. Exchange rates can vary a bit from bank to bank, but they generally won’t reverse out or have such mega differences.
Rule of thumb: Canadian dollar is cheaper than US Dollar (at least for now). So if you give the bank US$100, you should expect to receive about C$115 (or C$118, if you are lucky).
Re: Exchange rate...
Is there any where else to get my money xchanged xcept from bank?
Really don't want to have to wait 3 months to use my money :(
Re: Exchange rate...
I've noticed that City Bank usually offers better rates than other banks such as Bank of America. Besides, City bank is much easier to deal with. Just call them, order and pick it up while BOA wants you to fill out a form etc. Money is available with 24-48 hrs.
Some hotels provide that service too.
Re: Exchange rate…
man so 1 USD = 11,500,345 canadian!!!
You canadians are funny people. I never knew i was already a millionaire. Aright people its my treat on saturday at your most expensive restaurant ![]()