[gIWnXYkw]

Does anybody have any recent experience exchanging Cdn $$$ lately?

The Cdn $$ is higher than its US counterpart these days but my hunch is that the cambios aren't keeping pace.

Canadians may still be wise to buy US $$ to bring or wire to RD.

[catermos]

Does anybody have any recent experience exchanging Cdn $$$ lately?

The Cdn $$ is higher than its US counterpart these days but my hunch is that the cambios aren't keeping pace.

Canadians may still be wise to buy US $$ to bring or wire to RD.

Not when I just checked. Forex converters are showing the Canadian dollar at 0.99 to a US dollar. The demand for Canadian dollars has normally produced an exchange rate a couple of DR pesos under what you would expect based upon the Canadian to US dollar value.

[Quigoxito]

1 cad = 1.00937 usd

1 usd = 0.990720 cad

[catermos]

1 cad = 1.00937 usd

1 usd = 0.990720 cad

Bob, you are right, my mistake. At that level I would epect a Canadian dollar to be between 1 and 2 RD pesos less than a US dollar .

[gIWnXYkw]

Always seems to be that way... CDN$ gets shorted.

I usually deal in US$$ but that means two conversions if your base funds are CDN.

Truly, I'm ambivalent..BUT, my Cdn ancestry kicks in sometimes.
Recognition when recognition is due...Puhleeeze!!!?

And Windy, That 1.oo+ isn;t new... you just need to hit "Invert" to see the history.
It may not last.... in the 70's the CDN $$ was 1.05 or so, almost 1.10 at times.

Go ahead, mention the 62 - 63 cents in the late 90's, early 2000's....

[Quigoxito]

Bob, you are right, my mistake. At that level I would epect a Canadian dollar to be between 1 and 2 RD pesos less than a US dollar .

I just did an Online transfer from my RBC account in Canada to my $US Dollar account in BHD. 1500 American cost me 1510 Canadian, and that´s including the transfer fee.

[gIWnXYkw]

You eked it out, made out ahead on the currency.

I'm tempted to try a Scotia - Scotia transfer in Cdn $$ just to see the results..........
But , I bet a phone could cure my curiousity.

And Bob, re #6 post - you now need to convert to DRP..... we need to look at the benefit/advantage of going directly to DRp from CDN.
That was the point of my post.

[gIWnXYkw]

This is the last month of the Cdn $$ cf The US $$........ up 3 cents or so.

Exchange Rates Graph (Canadian Dollar, US Dollar) - X-Rates

I wouldn't think our cambio friends have adjusted their rates accordingly.
But then, they aren't really in the currency game.... bank rates don't apply here.

Their end user might be different

[catermos]

This is the last month of the Cdn $$ cf The US $$........ up 3 cents or so.

Exchange Rates Graph (Canadian Dollar, US Dollar) - X-Rates

I wouldn't think our cambio friends have adjusted their rates accordingly.
But then, they aren't really in the currency game.... bank rates don't apply here.

Their end user might be different

I have seen the explanation being that US dollars are used to pay foreign debt and therefor are in demand more than Canadian dollars.

[gIWnXYkw]

I have seen the explanation being that US dollars are used to pay foreign debt and therefor are in demand more than Canadian dollars.

Probably right, its just a pain to go CDN to US to DRP for those that need to.

I wonder what Scotiabank does? Whether they are more market based ?