what's the chances of a way better exchange rate next year.

[youngb1978]

Book with a canadians TA and pay in Canadian money or take my chances the dollar gets better next year. I want to book our trip to universal for next October since it's a good price, I can book it with a travel agent and pay in canadIan or book with universal now if a better price comes out get it readjusted and pay it off when I get there. But really worried about the exchange rate. Right now the banks are at over 1.35...anyone hopefully it will drop drastically

 

[hardis5]

I am hoping the exchange rate will improve but I've heard some forecasts of a 71 cent dollar which if such happens means a 1.41 exchange rate.

 

[youngb1978]

I have heard some not so good things as well, that's why thinking might be beat to book canadian

 

[Skjhjb]

But even when you book with a Canadian TA, you still pay the exchange.

My daughter just went through CAA, and when she'd take $$ to CAA to pay part of her trip, it would be converted into US funds to send to Disney.

 

[xlxo]

The Loonie is now an oil dollar and is the reason for a surge in the last decade.

Currently....

• there is no oil shortage, but a surplus in the states
• Middle East oil has a surplus
• many of us are now driving very fuel efficient vehicles.... some using no oil at all
• Canadian interest rates continue to be very low.... nothing like the 80's when rates were like 20%

As a result, I'm not expecting any strength in the Canadian dollar...

• http://www.theglobeandmail.com/repo...-remain-stunted-through-2017/article27079028/
• http://www.theweek.co.uk/oil-price/60838/oil-price-not-a-good-sign-for-november

Whatever happened to peak oil concerns?
https://en.wikipedia.org/wiki/Peak_oil

 

[bankr63]

I agree with xlxo that the Canadian dollar has become a petro dollar, and IMO things will probably get a bit worse before they get better as we have to dig ourselves out of the petro economy mess we've gotten ourselves into over the past ten years. It took a long time to change over to a purely petro economy and ruin our manufacturing sector. A new government has a huge task ahead trying to steer this ship in the right direction and get us back on a stable track that doesn't rely on a single commodity (and a dying commodity at that). Long range, Canada has a bright economic future ahead as our growing seasons get longer and we continue to harbor vast quantities of water and other resources; but that change won't happen in time for a reasonable Disney vacation.

Bite the bullet and pay now. The memories you make may be more expensive than you would like, but they are probably worth it at twice the price.

 

[youngb1978]

But even when you book with a Canadian TA, you still pay the exchange.

My daughter just went through CAA, and when she'd take $$ to CAA to pay part of her trip, it would be converted into US funds to send to Disney.

Tripcentral and flight Centre prices are in Canadian

 

[minnie56]

Tripcentral and flight Centre prices are in Canadian

Because they're buying from a supplier that has already done the conversion...

 

[alohamom]

Bite the bullet and pay now. The memories you make may be more expensive than you would like, but they are probably worth it at twice the price.

Best thing I have ever read on the Disboards!

 

[youngb1978]

Because they're buying from a supplier that has already done the conversion...

Which means the rate shouldn't fluctuate.

Because they're buying from a supplier that has already done the conversion...

 

[minnie56]

Which means the rate shouldn't fluctuate.

That's right. It's locked in at a predetermined rate.

 

[Kiren]

I'm taking the risk and buying through Flight Centre. If the dollar goes up they'll try to help me out, if it drops down then I won't be out more money than I planned.

 

[saskdw]

I'll contact my psychic and report back.

 

[Fennella Brewer]

I booked through CAA. Since the dollar has been fluctuating quite a bit each week, I determined that things were not going to get better and put the balance on my CC. The charge on my CC at that time was $200 more than the final charge when Disney accepted the transaction. I caught the dollar on an upswing.

Have you figured what the Flight Centre price would be in US? How often do they change their prices?

 

[youngb1978]

I booked through CAA. Since the dollar has been fluctuating quite a bit each week, I determined that things were not going to get better and put the balance on my CC. The charge on my CC at that time was $200 more than the final charge when Disney accepted the transaction. I caught the dollar on an upswing.

Have you figured what the Flight Centre price would be in US? How often do they change their prices?

The price flight Centre has given me is cheaper then If I was to book through universal and take my banks exchange rate.

 

[Fennella Brewer]

The price flight Centre has given me is cheaper then If I was to book through universal and take my banks exchange rate.

Good to know for next time.