Exchange Rate - Canadian to US Dollars?
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It's Wednesday, May 3 & the exchange rate yesterday hit $0.90 - should I exchange my money now for my trip or is it supposed to get even better?
Exchange Rate - Canadian to US Dollars?Do you go to Las Vegas or Atlantic City Casinos? That is what the exchange rate is, a gamble.
My brother, it is your call. If I were you, I MIGHT wait up to just before the next meeting of The Fed. If the Fed boosts interest rates again, the Loony could come down a bit ... but it could go down with any negative threat OR change to the economies of either country. If the interest rate gets better in Canada first, before the Fed meets or other positive changes take place with this new government, then the Loony could get stronger.
So, like rolling the dice, do your homework & read lots, roll the words and see which ones come up!!!
"Now or later, that is the question".
INTELLIGENCE: the gain or loss will be so small that if the US$ continues going down or the Loonie increases, who cares? Change your money now and forget what happens cuz it will not make you rich! The stress may cost you more in health terms than the pennies you will gain.
Exchange Rate - Canadian to US Dollars?1 Canadian Dollar (CAD) = 0.89944 US Dollar (USD) as of May 3rd.
Exchange Rate - Canadian to US Dollars?1 US Dollar = 1.10774 Canadian Dollar
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