The Bank of Canada is still showing 78 cents. We have 2 weeks before we go, I'm going to wait, the stock market took a climb today, so I'm willing to wait until next week to exchange some $$
The banks usually add about 2.5% commission to the posted rates when exchanging money.
Most banks list it on their website. Just click on "rates" and then "foreign exchange rates" and they will tell you what they will sell to you for (which is what we need) and what they will pay to buy back from you.
I think the easier way to look at the exchange rates for us travelling to Disney is looking at the value of the US $ compared to ours vs the other way around. Because that's what we're going to pay for our reservations or to buy cash.
For example, as I look at www.xe.com right now, our $ is worth 81.647 cents US. But the inverse, and more importantly for us, we pay $1.22479 CAD to buy 1 USD. Just a few days ago, that was about 1.29, so we're saving almost 7%!!!
Just in time too, our package balance is due in just over a week! Come on loonie!!
certainly glad that i transferred money out of my US account last week....Id like for the Canadian dollar to fall for the first week of each month, and then it can climb to 0.80 for the rest of the month
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