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-   -   exchange rate (https://www.revscene.net/forums/607079-exchange-rate.html)

m4k4v4li 02-25-2010 11:54 PM

exchange rate
 
k this might be a stupid question

I want to exchange 10,000 rmb into canadian dollars

is that a large enough sum that I should consider the exchange rate? does it fluctuate enough that I will lose out on a considerable amount?

thanks

ASG111 02-26-2010 12:14 AM

No. It's been roughly sitting around the 6.5 exchange rate for quite awhile.. It's 6.44 right now, so it's relatively stable. Not too much to worry about

Hehe 02-26-2010 08:37 AM

Depends if you have the need of exchanging it soon.

But rumors on the market is that China is considering alternative method for its currency. And there's nowhere but up for RMB really. So, if you have no hurry, just keep it, it's not a lot of money anyhow.

tool001 02-26-2010 09:34 AM

yeh,, i did over 50k last 2months US-> cad, didnt get much due to strong cad $. if u can hold off, u should


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