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Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

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Old 01-15-2010, 02:04 PM   #76
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where is the best place to buy USD?
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Old 01-22-2010, 03:30 PM   #77
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omg the thread title matches the current exchange rate now =(
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Old 03-17-2010, 12:05 AM   #78
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0.99 right now!!!!
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Old 03-17-2010, 12:11 AM   #79
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Good shit
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Old 03-17-2010, 12:24 AM   #80
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Meh, pretty much everything in USA costs about 20-30% less than over here at this point, even with taxes. Even back then when it was 0.9, everything was still much cheaper in the States.

Certain items have an even worse discrepancy right now. Bought a kb/mouse combo online for $92USD (tax free) last week. Same product off a Canadian website was like $138CAD before taxes, or $155 taxes in.

I'm surprised there isn't that mad rush to import cars all over again.

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Old 03-17-2010, 01:15 AM   #81
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Planning to change $1000 tomorrow to head to the states in 2weeks, which is the best place for rates? Vancouver Buillion?

It's 0.987 right now, should I exchange now or wait a little bit til 1:1(or higher) since I'm not leaving right away.

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Old 03-17-2010, 03:55 AM   #82
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I'm just gonna exchange 10gs when we're at par and wait for the dollar to drop again. I'm thinking of making some good coin
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Old 03-17-2010, 05:50 AM   #83
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yea i need a suggestion for another place to exchange besides the banks :0
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Old 03-17-2010, 06:36 AM   #84
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I'm just gonna exchange 10gs when we're at par and wait for the dollar to drop again. I'm thinking of making some good coin
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from my understanding, ur converting 10gs to US right now since the rate is close or will be at par so your profit comes in when you ride and wait for the US to go up again. once it hits the all time high again your pretty much almost doubling your money on the rate. If i decide to do something like this, where would i do it and what would i need to do? Do i need to make a US savings account?
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Old 03-17-2010, 10:04 AM   #85
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yea i need a suggestion for another place to exchange besides the banks :0
In Richmond I always compare between two places:

http://Kingmark.ca and http://www.vbce.ca/

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from my understanding, ur converting 10gs to US right now since the rate is close or will be at par so your profit comes in when you ride and wait for the US to go up again. once it hits the all time high again your pretty much almost doubling your money on the rate. If i decide to do something like this, where would i do it and what would i need to do? Do i need to make a US savings account?
You wouldn't double your money, even if the USD went fairly high again.
All you need is a USD account and a CAD account. It's not a simple flip though, you may need to wait a bit of time to get your money back.

eg.
Let's generalize and say that an exchange place will always exchange at .02 + or - depending on if you're buying or selling.

With rough numbers, lets say the market is at par (1.0), and you change CAD$10K to USD @ 1.02 (rate +.02), which is USD$9803.92.

Now you need to wait until the market is at 1.04 so that you can change it back, and you'll just break even: USD$9803.92 @ 1.02 = CAD$10K

So to make any profit, let's say you could change it back at 1.04, which would be CAD$10196.08 ($196 profit), you essentially had to wait for the market to go all the way from 1.0 to 1.06.

*Disclaimer.. I'm a total noob.. so.. please correct me if any of this is wrong.
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Old 03-17-2010, 10:14 AM   #86
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^

i think that makes good sense to me. I was under the wrong impression that doing something like what i described means instant doubling when rate goes at peak high. Guess its better to just change a decent amount and go US shopping. hahaha!
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Old 03-17-2010, 10:49 AM   #87
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The Dollar is almost at par!!!! Time to go cash in boys!
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Old 03-17-2010, 10:51 AM   #88
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http://www.xe.com/ucc/convert.cgi?Am...rom=CAD&To=USD

1.00 CAD = 0.991922 USD

OMGWTFBBQ!!!!!!!!!!
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Old 03-17-2010, 10:58 AM   #89
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wow the exchange rate is almost par.

It's time to start husling money across the border.
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Old 03-17-2010, 11:20 AM   #90
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wow! time to eBay and shop online like mad now.
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Old 03-17-2010, 11:22 AM   #91
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http://www.xe.com/ucc/convert.cgi?Am...rom=CAD&To=USD

1.00 CAD = 0.991922 USD

OMGWTFBBQ!!!!!!!!!!
BUY BUY BUY
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Old 03-17-2010, 11:59 AM   #92
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just wait till june, cad should go up even higher
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Old 03-17-2010, 12:04 PM   #93
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rising price of natural resources + interest rate increase is gonna drive CAD up later. Invest accordingly
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Old 03-17-2010, 12:34 PM   #94
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VBCE rate
selling @ 1.023000
http://www.vbce.ca/index.cfm?fuseact...jor_Currencies
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Old 03-17-2010, 06:46 PM   #95
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Went to my bank today and asked for $1000 USD, came out to be $1033.xx CDN from my account.

Not bad, I guess.

Shopping next week...
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Old 03-17-2010, 11:27 PM   #96
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Man... had to transfer $8000 USD out of my PayPal... should have done it a week ago.

Glad I did it last night though... if I waited until today, would have lost another $70 or so.
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Old 03-18-2010, 06:12 AM   #97
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news just said its at 99cents , how long you think its gonna be till we hit 1$
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Old 04-01-2010, 11:32 AM   #98
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99 again today

anyone hitting the states this weekend?
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Old 04-01-2010, 12:00 PM   #99
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Where do you guys exchange $? aren't all banks different and shit?

I asked to change for 560US and the teller said it would be 580Canadian
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Old 04-01-2010, 12:06 PM   #100
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Where do you guys exchange $? aren't all banks different and shit?

I asked to change for 560US and the teller said it would be 580Canadian
Vancouver Bullion

http://www.vbce.ca/
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