US vs. Canadian Currency

smackyo

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May 18, 2005
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FuZzYknUckLeS said:
Actually, I am from Vancouver and its never taken me 10 minutes to drop by a bank to exchange money. If I had to though, I can whip over to the bank 1/2 block from where I work any time of the day and likely do it in under 10 minutes if I hit it at the right time. Little thing we call 'time management'. :D
If you really take an hour to do your banking, I suggest you look into a thing called 'online banking'. You obviously already have the internet connection so yer 1/2 way there!
Anyhow. The 10 minutes thingy was not really to be taken literally. My point was the exchange rate. I was really just trying to counter some previous relpys that stated the exchange rates were more or less 'on par', when, in reality, a 20% return is far from par. Shit man, thats like 'buy 5, get one free'!! :eek:
Regardless, since I live here, I don't have the fucking headache of having to deal with exchanging currency. That be the Yank man's problem. :rolleyes:
To answer the question to which this thread pertains, It probably doesnt matter where ya go to exchange your cash. Exchange rates will vary, ya, but not by a hell of alot. Any amount you lose going to a currency exchange place as opposed to a bank will be offset by the convenience.
yeah i got internet banking for that reason exactly but the thing is that you can't exchange in hand currency over the net. thats something you still have to do in person. also yeah 20% on every hundred is fairly substancial i guess but i mean if its just 200 and your gonna get 40 bucks on it, i mean it may just be my opinion but big deal. we'd have to go to about me making 80 bucks on a currency exchange for me to care enough to take time out of my day for it.
 

smackyo

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noneasgood said:
I know a lot about finances cause that's my profession, but I don't know a hell of a lot about exchancing US to Cdn and back again, unless were dealing in 100K+ amounts. But if I were in your shoes I'd check out both US and Cdn places, particularly Blaine or some other border town. Cash registers in Blaine actually have dual tills, one in US and the other in Canadian. Years ago I use to go there and I felt that I got very good value for my Canadian Peso.
yeah i know what your saying about border cities or towns. there are some places across the border that take canadian dollars at par, like eateries and even stores and in the rare occasion hotels, so i mean that just goes to show how little we make on it by having to exchange it ourselves. now i know these places do it as a gimmick to get canadian bussiness which a lot of northern cities are dependent on for their economies but i mean even with taking canadian money at par in some places they are still making money.
 

Herb_The_Perb

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Jan 4, 2005
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dittman said:
herb your dumber than I thought if thats possible. It has nothing to do with etiquette or being the ugly american. It has everything to do with making it simple. Besides in vancouver and victoria as in most if not all canadien cities, towns and villages, most businesses accept green backs because they make money of the exchange.
OK, Mr. Simple, so how often do you pay a Canadian SP in US dollars? And what kind of exchange rate do you expect?

And why do you hate your country so much that you won't capitalize its name?
 

Herb_The_Perb

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smackyo said:
no dittman it has everything to do with ettiquette and/or being the ugly american. if you just pull out a wad of u.s. dollars and expect it to be taken than that is the epitome of arrogant ugly american. unlike caliscott and herb the perb that use it in an emergency circumstance and ask if they take it or give an explanation as to why they have to use it, which is usually understood and accomodated but even that is becoming more infrequent now with the higher exchange and the extra hassle attributed to it.
Good observations, Smackyo, but just for the record, those really aren't my payment practices -- my note said that I've always paid Canadian SPs in Canadian currencies.

I decided to go this route after seeing a few PERB notes on this subject. Unlike The Village Idiot Who's Missing A Shift Key, I can grasp that it's rude to expect SPs to be one's bankers or currency exchangers.
 

BushPilot

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Apr 23, 2004
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Herb_The_Perb said:
OK, Mr. Simple, why do you hate your country so much that you won't capitalize its name?
That's Mr. Simple-minded, to you. And he doesn't capitalize the name of his country for the same reason that he doesn't spell or punctuate correctly. He is very close to being a functional illiterate. He's also a moron. :D
 

Herb_The_Perb

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BushPilot said:
That's Mr. Simple-minded, to you. And he doesn't capitalize the name of his country for the same reason that he doesn't spell or punctuate correctly. He is very close to being a functional illiterate. He's also a moron. :D
But he seems to imply that he's doing well financially.
Is he a mobster or a bank robber?
Inherited money? (Doubtful -- those kinds of people usually finish high school.)
Won the lottery?
 

dittman

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your missing the point smackyo, business would love it if all americans came north and just spent the u.s dollar, because they give you a lousy exchange rate their going to make money off of you every time.
 

Cali Scott

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Jun 19, 2005
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smackyo said:
that being said in instances described by herb and caliscott, those are not greeted with the same reaction. canadians are pretty accomodating depending on circumstances and usually try to help the situation if they are shown some respect and not the all too common "i'm an american look at me and how superior my culture is." attitude.
You're VERY accomodating. I love it there because you all still hold the values that I was raised wih.

I HATE those types of Americans that you described. Hell, I live in L.A. and have to drive with them and interact with them all of the time. I pretty much live for my micro-vacations to Vancouver (and my daughter) and feel more at home there than here (sad but true).

I've seen SO many rude americans there, you can spot 'em a mile away eg: at the Capilano bridge gift shop "Haven't these people heard of AIR CONDITIONING" -or- at a Smokey cart a few years back guy holds up a US $5 and says "I could buy everyone here one for this", I said, "yeah asshole, I'll take one" (see, most Canadians are so polite that they'd never say anything like that to him).

We DO have a reputation worldwide for being arrogant and it's partly because of the tourist that we send forth into the world.

I would think that with as much Pot that makes it down here out of your fair province that someone holding up a wad of US Dollars has about a 50% chance of being a Canadian. :D
 

Cali Scott

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Creole Lady Marmalade said:
Who's put off by it? Don't drag me into this. I just gave a friendly Yank my opinion and YOU are the one shitting on me and my opinion! Don't paint all SPs with the same brush (Thanks Annalise).
No sweetheart, not "shittng" on you. I just think that 20% (one FIFTH) is excessive. It's just my opinion. That opinion anf $5 will get you coffee at Starbucks. I sort of understand (thanks to Smackyo) about the hassles of exchanging but I assume that you have to go to the bank anyway? It doesn't matter though. Peace baby.

You are of course free to run your business anyway that you please. It's just that if I were caught in a bind (like I mentioned before) and politely explained it to you and you excahanged at par, I'd move on just for the point of it. I'm just that way; I don't expect everyone else to be.
 

Cali Scott

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Jun 19, 2005
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tess said:
In response to the first post. I always accept US currency. Obviously if the client is giving it at par then US $ would be the preference. If a client asks what exchange rate I will give him I tell him that I will give him whatever exchange the hotel front desk offers. It is always higher then what the bank rate is but the clients seem to find this a convenient way to deal with this issue.
Right on, now that's fair.

Nice web site BTW Tess. Too bad I don't make it to Calgary. Would like to see more photo's of ya there and stats too.
 

russel4339

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Jun 13, 2005
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Thanks!

Damn! I have been out of the office since I posed question.

Who would have thought such a simple question could have generated such a great amount of replies.

I would like to thank all contributors. I have some great ideas on how and where to exchange my cash!

Regards,
C.
 

smackyo

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May 18, 2005
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Cali Scott said:
You're VERY accomodating. I love it there because you all still hold the values that I was raised wih.

I HATE those types of Americans that you described. Hell, I live in L.A. and have to drive with them and interact with them all of the time. I pretty much live for my micro-vacations to Vancouver (and my daughter) and feel more at home there than here (sad but true).

I've seen SO many rude americans there, you can spot 'em a mile away eg: at the Capilano bridge gift shop "Haven't these people heard of AIR CONDITIONING" -or- at a Smokey cart a few years back guy holds up a US $5 and says "I could buy everyone here one for this", I said, "yeah asshole, I'll take one" (see, most Canadians are so polite that they'd never say anything like that to him).

We DO have a reputation worldwide for being arrogant and it's partly because of the tourist that we send forth into the world.

I would think that with as much Pot that makes it down here out of your fair province that someone holding up a wad of US Dollars has about a 50% chance of being a Canadian. :D
lol, your last paragraph is hilarious and true as i can attest to first hand persona experience. shit man me and my buddy had to run around all day changing money at about a million different places so as to avoid the paper work if you change over a certain amount.

i think someone else got a big payday that day as well cause the lady at the one money mart said that three other people were in there that day to exchange the exact same amount. lol, just under the amount to qualify for paper work :D
 

Creole Lady Marmalade

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Dec 20, 2004
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Cali Scott said:
WHAT???

So you're getting an extra 20% when YOU convert them?

Don't listen to this post - It's pure B.S. Canadian girls have *ALWAYS* (at least in nearly 10 years of MY experience) taken USD at around the conversion rate.

The girls don't HAVE to bother converting them as wherever they spend them, they'll be converted automatically.

Sorry Marmalade, I'm calling bullshit on this one! Nice try though.
You don't find your response to my post a little abrasive? I do. That was shitting.

And what is an extra 20%? Can't be bothered with people who nickel and dime everything (though I do do that sometimes).
 
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