Exchange rate CDN $.77 = USD$1

Schlyder · October 23rd, 2008, 15:36

Quote:

Originally Posted by ex-royal

WTF how the fuck can you be getting that. CDN$1.30 = USD$1 if you are getting that on your account you should be buying all the US dollars you can get your hands on. hahahahaha somehow you are getting a screwed up calculation there. Would be nice though.

ILLusion · October 23rd, 2008, 15:38

Quote:

Originally Posted by Drache

Ah so it's actually worth more still! Perfect!

Yes, the US dollar is now worth more against the Canadian Dollar.

Hard to believe that it's now a 30% difference compared to just a month ago when we were still almost at par. The bubble was bound to burst eventually anyways. I should've invested more in US funds. grr...

DENZILDON · October 23rd, 2008, 15:45

The exchange rate does suck. But we still have a better economy!

vatek · October 23rd, 2008, 15:45

Quote:

Originally Posted by IronOverlord

WTF how the fuck can you be getting that. CDN$1.30 = USD$1 if you are getting that on your account you should be buying all the US dollars you can get your hands on. hahahahaha somehow you are getting a screwed up calculation there. Would be nice though.

Uh, when $1 USD is worth $1.30 CDN, that means the US dollar is worth more than ours. I think you need to look at the picture again.

$1USD = $1.30CDN means that $1CDN = $.70USD.

ex · October 23rd, 2008, 15:58

Quote:

Originally Posted by vatek

Uh, when $1 USD is worth $1.30 CDN, that means the US dollar is worth more than ours. I think you need to look at the picture again.

$1USD = $1.30CDN means that $1CDN = $.70USD.

bingo

smith · October 23rd, 2008, 16:25

ugh, and i was gonna save a bundle ordering tires from the US. Stupid exchange rate.

Anthology · October 23rd, 2008, 18:13

The dollar seemed to pull itself up a bit today, hopefully back to par within the next few months, but I doubt it.

At least this will create jobs in tourism and manufacturing/shipping industry. Maybe this recession won't be as bad for Canada as it will be for other parts of the world... Experts say that Canada will be one of the countries that will go through this recession without much change. They say other countries may be taken in by wealthier nations or through bad decisions, they may revolt. These are fairly extreme examples, and it's too early to really predict what will happen. Let's hope for the best.

Styrak · October 23rd, 2008, 18:30

Quote:

Originally Posted by vatek

Uh, when $1 USD is worth $1.30 CDN, that means the US dollar is worth more than ours. I think you need to look at the picture again.

$1USD = $1.30CDN means that $1CDN = $.70USD.

Exactly. What are you people thinking? *cough*DracheAndIron*cough*

Dracheous · October 23rd, 2008, 18:34

Quote:

Originally Posted by Styrak

Exactly. What are you people thinking? *cough*DracheAndIron*cough*

Damnit you moron's... we should have kept on about it.. got them to do us group orders as PRE-SET prices/payment...

... and at the end of it do a good ol german shrink voice... "And so... vat di juu learn?"

Drake · October 23rd, 2008, 18:34

The Loonie is largely tied to commodities prices, so as they drop, so will the value of our dollar. It's directly bad because our purchases are generally in USD but it's not all bad: Canada's economy is largely export driven, and a lower value makes Canadian-produced goods more competitive on the global market.

So while our neighbors to the South deal with an economic slowdown and the entire mess they're dealing with now, the combination of our being kept largely out of that mess (in part thanks to the Harper government) and more competitively priced goods could be generally favorable for Canada.

Drache · October 23rd, 2008, 18:54

Quote:

Originally Posted by Styrak

Exactly. What are you people thinking? *cough*DracheAndIron*cough*

Here's a screenshot of it I took just yesterday:

Dracheous · October 23rd, 2008, 18:58

why do the zero's look different? ones more oval than the other, makes me think there are two fonts there and suggests photoshop Drache. No offense but it stands out to me.

Drache · October 23rd, 2008, 19:06

Quote:

Originally Posted by Dracheous

why do the zero's look different? ones more oval than the other, makes me think there are two fonts there and suggests photoshop Drache. No offense but it stands out to me.

Oh for fuck sakes... I don't even have photoshop nor know how to use it....

No matter what I say though you won't believe it so think what you want....

Styrak · October 23rd, 2008, 20:05

That's not possible. Unless it's a HUGE fuckup on Paypal's part.

Quote:

Originally Posted by Drache

Here's a screenshot of it I took just yesterday:

Schlyder · October 23rd, 2008, 20:16

I know ... let's all get Drache to make our orders for us hahahahahaha

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October 23rd, 2008, 18:13	#22
Anthology Trader rating Join Date: Sep 2008 Location: Mississauga, Ontario	The dollar seemed to pull itself up a bit today, hopefully back to par within the next few months, but I doubt it. At least this will create jobs in tourism and manufacturing/shipping industry. Maybe this recession won't be as bad for Canada as it will be for other parts of the world... Experts say that Canada will be one of the countries that will go through this recession without much change. They say other countries may be taken in by wealthier nations or through bad decisions, they may revolt. These are fairly extreme examples, and it's too early to really predict what will happen. Let's hope for the best. __________________ Taylor

October 23rd, 2008, 18:34	#25
Drake E-01 Trader rating Join Date: Dec 2001 Location: Montreal, QC	The Loonie is largely tied to commodities prices, so as they drop, so will the value of our dollar. It's directly bad because our purchases are generally in USD but it's not all bad: Canada's economy is largely export driven, and a lower value makes Canadian-produced goods more competitive on the global market. So while our neighbors to the South deal with an economic slowdown and the entire mess they're dealing with now, the combination of our being kept largely out of that mess (in part thanks to the Harper government) and more competitively priced goods could be generally favorable for Canada. __________________

October 23rd, 2008, 18:58	#27
Dracheous Lego Head Trader rating Join Date: Nov 2005 Location: Gatineau, that's right I'm in QUEBEC!	why do the zero's look different? ones more oval than the other, makes me think there are two fonts there and suggests photoshop Drache. No offense but it stands out to me. __________________ _________________________________ "The hydrogen economy car from the people who brought you the 'Hindenburg'" - Glen Foster Condoms do not guarantee safe sex any more. A friend of mine wore one and was shot by the woman's husband!

October 23rd, 2008, 15:45	#18
DENZILDON Trader rating Join Date: Mar 2008 Location: Calgary	The exchange rate does suck. But we still have a better economy!

October 23rd, 2008, 16:25	#21
smith Admits to killing Jimmy Hoffa Trader rating Join Date: Apr 2002	ugh, and i was gonna save a bundle ordering tires from the US. Stupid exchange rate.

October 23rd, 2008, 20:16	#30
Schlyder IronOverlord Trader rating Join Date: Aug 2008 Location: Broadview,Saskatchewan	I know ... let's all get Drache to make our orders for us hahahahahaha __________________

Exchange rate CDN $.77 = USD$1

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