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01-15-2010, 02:04 PM
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#76 | | Banned (ABWS)
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where is the best place to buy USD?
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01-22-2010, 03:30 PM
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#77 | | RS.net, helping ugly ppl have sex since 2001
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omg the thread title matches the current exchange rate now =(
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03-17-2010, 12:05 AM
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#78 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: Shanghai
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0.99 right now!!!!
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03-17-2010, 12:11 AM
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#79 | | Willing to sell a family member for a few minutes on RS
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Good shit Posted via RS Mobile | 
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03-17-2010, 12:24 AM
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#80 | | I contribute to threads in the offtopic forum
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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.
Last edited by slammer111; 03-17-2010 at 12:30 AM.
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03-17-2010, 01:15 AM
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#81 | | 2013, 2016, 2017 & 2018 NHL Fantasy RS1 Champion
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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.
Last edited by HonestTea; 03-17-2010 at 01:24 AM.
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03-17-2010, 03:55 AM
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#82 | | Willing to sell a family member for a few minutes on RS
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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  Posted via RS Mobile | |
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03-17-2010, 05:50 AM
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#83 | | ESKETIT
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yea i need a suggestion for another place to exchange besides the banks :0
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03-17-2010, 06:36 AM
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#84 | | My homepage has been set to RS
Join Date: Nov 2004 Location: Vancouver
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Originally Posted by hotjoint 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 Posted via RS Mobile |
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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03-17-2010, 10:04 AM
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#85 | | nuggets mod
Join Date: Feb 2002 Location: richmond
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Originally Posted by Vansterdam 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/ Quote:
Originally Posted by haymura 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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03-17-2010, 10:14 AM
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#86 | | My homepage has been set to RS
Join Date: Nov 2004 Location: Vancouver
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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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03-17-2010, 10:49 AM
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#87 | | Banned (ABWS)
Join Date: Sep 2006 Location: vancouver
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The Dollar is almost at par!!!! Time to go cash in boys!
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03-17-2010, 10:51 AM
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#88 | | RS.net, helping ugly ppl have sex since 2001
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03-17-2010, 10:58 AM
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#89 | | My dinner reheated before my turbo spooled
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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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03-17-2010, 11:20 AM
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#90 | | Banned (ABWS)?
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wow! time to eBay and shop online like mad now.
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03-17-2010, 11:22 AM
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#91 | | i like gifs
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Originally Posted by shenmecar | BUY BUY BUY
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03-17-2010, 11:59 AM
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#92 | | Even when im right, revscene.net is still right!
Join Date: Nov 2003 Location: Vancouver
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just wait till june, cad should go up even higher
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03-17-2010, 12:04 PM
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#93 | | I answer every Emotion with an emoticon
Join Date: Apr 2005 Location: Vancouver
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rising price of natural resources + interest rate increase is gonna drive CAD up later. Invest accordingly
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03-17-2010, 12:34 PM
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#94 | | MOD
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03-17-2010, 06:46 PM
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#95 | | 10psi aint enough...
Join Date: Oct 2004 Location: Vancouver
Posts: 4,067
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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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03-17-2010, 11:27 PM
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#96 | | The RS Freebie guru
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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 $70 or so.
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03-18-2010, 06:12 AM
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#97 | | ESKETIT
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news just said its at 99cents , how long you think its gonna be till we hit 1$  | |
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04-01-2010, 11:32 AM
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#98 | | HELP ME PLS!!!
Join Date: Nov 2003 Location: Vancouver
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99 again today
anyone hitting the states this weekend?
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04-01-2010, 12:00 PM
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#99 | | Rs has made me the woman i am today!
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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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04-01-2010, 12:06 PM
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#100 | | i like gifs
Join Date: Dec 2001 Location: imgur
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Originally Posted by 411ken 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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