Just did a USD exchange and got a crappy 1.49 Never had it that low before...... Came back from the bank and paypaled somebody and got charged at 1.64
must be nice to be the bank
must be nice to be the bank
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I love banks, now I am scared to go into my bank, I don't wanna cash anything lower to 1.5
ZoiNk"People can have the Model T in any color - so long as it's black." - Henry Ford -
happened to me too... :-/Comment
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yeah thats whacked...im going to open an american acount...and just transfer once a month...i had been having pay directly deposited into a cdn account and got whatever the conversion was at the time..ickTelegram PhoenixBrad
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I have a USD account, this was actually a transfer from USD to CAN normally you get a higher rate, If i had put a USD check directly in my can account it would be even lower apparently..... what an ugly dayOriginally posted by Phoenix
yeah thats whacked...im going to open an american acount...and just transfer once a month...i had been having pay directly deposited into a cdn account and got whatever the conversion was at the time..ickComment
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nevermind... hehe
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1.49 now ? fuck thats bad
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1.493 According to TD's Website. I aint bringing anything in till it is at least 1.5
http://www.tdcommercialbanking.com/t...ance/rates.jsp
ZoiNk"People can have the Model T in any color - so long as it's black." - Henry FordComment
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Damn been a long time since i have seen it UNDER 1.50Comment
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It was 1.52 last week... usually is 1.54"There he goes. One of God's own prototypes. A high-powered mutant of some kind never even considered for mass production. Too weird to live, and too rare to die." -Hunter S. ThompsonComment
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Holy shit, paypal really fucked you with that exchange rate; their making more then $100 on every $1,000 they exchange.
BTW, the $ is trading at 1.5257 today. Royal was offering 1.5026 earlier in the day.Last edited by yys; 01-27-2003, 12:41 PM.Comment
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yep, just got back from royal looking at receipt thats exactly what I got.Originally posted by yys
Holy shit, paypal really fucked you with that exchange rate; their making more then $100 on every $1,000 they exchange.
BTW, the $ is trading at 1.5257 today. Royal was offering 1.5026 earlier in the day.Comment
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I am bank of montreal
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its popped under 1.5 a few times over the past year.Originally posted by mailman
Damn been a long time since i have seen it UNDER 1.50Comment
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i find that CIBC normalys got the best rates....Comment
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When I started this biz and did my first transfer from my US account to my Cdn account, the rate was $1.46, and at the time I thought that was great. Then it started to climb, and it slowly made it's way up over $1.50, then $1.55, and I once transfered over $2500 US when it was at $1.62. I made a killing on that move.
But anything over $1.50 is fine by me. I don't see the Cdn dollar strengthening much more before things rebound again. Try to leave your US money in your US account for a while, and keep tabs on the rate until it rises above $1.50 again.Promote Wildmatch, ImLive, Sexier.com, and more!!
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Originally posted by mailman
i find that CIBC normalys got the best rates....
naaaa,royal bank pays the highest rate.i have a u.s account with them,and its definetly better..Comment
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I have a US $ acct with Td Canada Trust, check out their "Borderless Acct." It beats all the other banks consistently. they are paying 151.71, and to buy, you are paying 153.58 just checked online 2 mins ago.
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Better keep converting your money from US to CAN $$ as soon as possible. I think with the war looming and the rising national debt in the US, the US$ can only go lower. Just my opinion.
Too drunk to care!Comment
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If a protracted war with Iraq breaks out - the CDN dollar I imagine is bound to go higher still.Comment
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You Know What the Us $ Wiil stiil be one of the Dominating Currencies of the world War Or not ! and the Canadian will always suck hind tit ! The polititians do not have the guts to standup for it
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I think the only reason the CDN dollar is anywhere near as high as it is is because the Bank Of Canada's currency policy is to always keep a differential in interest rates with the US to prop it up, and if not for that difference- it would plummet overnight.Originally posted by JFK
You Know What the Us $ Wiil stiil be one of the Dominating Currencies of the world War Or not ! and the Canadian will always suck hind tit ! The polititians do not have the guts to standup for it
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i hope so, I lost many thousands of dollars in the last couple of weeks due to this recent change as I leave a lot of money in a US currency account.Originally posted by JFK
You Know What the Us $ Wiil stiil be one of the Dominating Currencies of the world War Or not ! and the Canadian will always suck hind tit ! The polititians do not have the guts to standup for it
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I'm not sure how its done, but if you want to smooth out the impact of the fluctuations in the currency differences - you can through some investment instrument - a hedge so you don't get burned as bad. I know large companies operating in several countries/currencies all do this.Originally posted by SleazyDream
i hope so, I lost many thousands of dollars in the last couple of weeks due to this recent change as I leave a lot of money in a US currency account.Comment
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Fuck I went and deposited some cheques today and it was like 1.503%! God damn highway robbery! It was 1.56 less than a month ago!
DHComment
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Playing the currency market is fun!!!!Too drunk to care!Comment
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does it mean that when it climes back to 1.55 it'll be a wise choice to transfer them all to canadians or still keep USD$ in usd account if i dont need them that much.. ?Comment
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If I were you, I would convert it now. However if you think you don't need it, perhaps the Can$ will go down sometime in the future. Are you willing to wait until that happens?Originally posted by xxxcam
does it mean that when it climes back to 1.55 it'll be a wise choice to transfer them all to canadians or still keep USD$ in usd account if i dont need them that much.. ?Too drunk to care!Comment
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I work for CIBC and when i saw the rates, i thought 'cool..never been this low' then it hit me...no, this is NOT good.
i hope they go back up againComment
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yeah back in '98 I had rates of 1.42-1.46....
Then I opened a USD account, and kept it there...
when in '99-'00 we were hitting 1.60, I LOVED going over 10,000 at a time.... cuz then you get a few points more as a bonus for large sums hehe....
But now yeah, it's going down again with the war....
kind of sucks... oh well , it's good for the rest of the normal folks of Canada
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forget the borderless acct. this is even better:Originally posted by JFK
I have a US $ acct with Td Canada Trust, check out their "Borderless Acct." It beats all the other banks consistently. they are paying 151.71, and to buy, you are paying 153.58 just checked online 2 mins ago.
http://www.tdcanadatrust.com/usbanking/checking.jsp
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1.51 today.. it's going back up +)Comment
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why keep money in a US account when you get no interest?Are you down with Sin?
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put it at ING direct. They pay interest.I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....Comment
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I dont like the commercialsOriginally posted by directfiesta
put it at ING direct. They pay interest.Comment
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Originally posted by Pipecrew
I dont like the commercials
hehe... they are sort of lame...
they have an office here in Toronto...i might look into it...although i am just starting to get to know my bank manager...who knows hopefully he's a perv...and will give me the hook upsTelegram PhoenixBrad
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