09-13-2007, 10:44 AM
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#41
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Franchise Player
Join Date: Aug 2003
Location: Calgary, Alberta, Canada
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Quote:
Originally Posted by HOOT
At the duty free I was shopping at this week they were giving CND on par with the USD when you shopped there.
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That's awesome!
Given what we are seeing that might be a reality in all places very soon.
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Huge thanks to Dion for the signature!
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09-13-2007, 10:50 AM
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#42
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Franchise Player
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The Montana's airport is giving only $0.95 Cdn for every US dollar. So that is below par
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09-13-2007, 10:59 AM
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#43
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Franchise Player
Join Date: May 2006
Location: @HOOT250
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Was there ever a time when the CND was worth more than the USD?
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Quote:
Originally Posted by henriksedin33
Not at all, as I've said, I would rather start with LA over any of the other WC playoff teams. Bunch of underachievers who look good on paper but don't even deserve to be in the playoffs.
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09-13-2007, 11:04 AM
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#45
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Franchise Player
Join Date: Aug 2003
Location: Calgary, Alberta, Canada
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Quote:
Originally Posted by HOOT
Was there ever a time when the CND was worth more than the USD?
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Yes.
Quote:
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Unlike other currencies in the Bretton Woods system whose values were fixed, the Canadian dollar was allowed to float from 1950 to 1962. From 1952 to 1960, the Canadian dollar traded at a slight premium over the U.S. dollar, reaching a high of US$1.0614 on August 20, 1957 (the all-time high of US$2.78 was reached on 11 July 1864 after the United States had temporarily abandoned the gold standard).
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Quote:
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As an inflation-fighting measure, the Canadian dollar was allowed to float in 1970. Its value appreciated and it was worth more than the U.S. dollar for part of the 1970s. The high point was on April 25, 1974 when it reached US$1.0443. The Canadian dollar has continued to float since then, but it has not been above the U.S. dollar since 1976.
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Source: Wikipedia
If it happens this year it will be the first time in 31 years.
__________________
Huge thanks to Dion for the signature!
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09-13-2007, 11:07 AM
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#46
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Powerplay Quarterback
Join Date: Sep 2002
Location: Work
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Last time it was on par was Nov 26, 1976
Last edited by Eagle Eye; 09-13-2007 at 11:11 AM.
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09-14-2007, 10:30 AM
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#47
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Franchise Player
Join Date: Mar 2002
Location: South of Calgary North of 'Merica
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update: dollar above .97!
.9715 in fact
__________________
Thanks to Halifax Drunk for the sweet Avatar 
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09-14-2007, 10:33 AM
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#48
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Franchise Player
Join Date: Aug 2003
Location: Calgary, Alberta, Canada
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Quote:
Originally Posted by return to the red
update: dollar above .97!
.9715 in fact
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On the march to parity!
Wow.
__________________
Huge thanks to Dion for the signature!
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09-14-2007, 11:17 AM
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#49
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Franchise Player
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Quote:
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the all-time high of US$2.78 was reached on 11 July 1864 after the United States had temporarily abandoned the gold standard
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So the Cdn $ was worth almost three times the US $ when Canada didn't even exist yet? I'm confused
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09-14-2007, 11:20 AM
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#50
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Franchise Player
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Quote:
Originally Posted by albertGQ
So the Cdn $ was worth almost three times the US $ when Canada didn't even exist yet? I'm confused
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that's gotta be 1964, just a guess.
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09-14-2007, 12:15 PM
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#51
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Crash and Bang Winger
Join Date: Mar 2006
Location: Beltline
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Quote:
Originally Posted by corporatejay
that's gotta be 1964, just a guess.
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Nope, Canadian dollar started in 1854, while Canada was still a colony. See here: http://www.bankofcanada.ca/en/dollar_book/index.html.
James.
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09-14-2007, 01:21 PM
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#52
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Scoring Winger
Join Date: Apr 2006
Location: Edmonton
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.9719 now. Just a little bit higher now.
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09-14-2007, 01:33 PM
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#53
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#1 Goaltender
Join Date: Dec 2003
Location: DC
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Boo!!!
My perfect scam to pay off my Canadian student loans at 65 cents to the dollar is not looking too good now.
I blame Bush!
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09-14-2007, 01:37 PM
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#54
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Franchise Player
Join Date: Aug 2003
Location: Calgary, Alberta, Canada
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Quote:
Originally Posted by tripin_billie
Boo!!!
My perfect scam to pay off my Canadian student loans at 65 cents to the dollar is not looking too good now.
I blame Bush!
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You should... he is running the US into the ground.
__________________
Huge thanks to Dion for the signature!
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09-14-2007, 01:43 PM
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#55
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#1 Goaltender
Join Date: Dec 2003
Location: DC
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Quote:
Originally Posted by Nehkara
You should... he is running the US into the ground.
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Oh, I do. I know people use that jokingly for everything, and I used it in that way somewhat, but really, I do blame Bush big time on this. I also blame the fed reserve for not having the forsight to see this sub prime disaster. The whole scenario wreaks of stupidity. But how fiscal conservatives can still be on Bush's side, I have no idea.
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09-14-2007, 03:43 PM
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#56
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Franchise Player
Join Date: Mar 2002
Location: Calgary
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At Calforex just now, I got .94777 US$ per each CDN..obviously a transaction of a few hundred $, going to get the retail rate.
Not so long ago (5 years?), remembering getting .77 per CDN dollar for cash for US trips.
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09-14-2007, 07:13 PM
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#58
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Franchise Player
Join Date: Mar 2002
Location: Calgary
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Quote:
Originally Posted by ken0042
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That link says "Non Cash" transactions and the note at the bottom seems to say that its just for non paper transactions.
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09-14-2007, 07:18 PM
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#59
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Not a casual user
Join Date: Mar 2006
Location: A simple man leading a complicated life....
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I just set up a US dollar account with my bank today. Bought three thousand dollars worth of American money. I'm renting a place in Phoenix for the month of December. That and I thought it would be a good idea to stock pile some American dollars for future trips while our buck is so high.
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09-16-2007, 12:41 PM
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#60
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First Line Centre
Join Date: Oct 2006
Location: San Jose, CA
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Wow, when I first moved to the USA in 2000, it was at 60 cents. It was so expensive to afford the tuition and already inflated housing. Now it sucks coming back to Canada because things aren't cheap anymore! I used to look forward to visiting my parents and OILFAN aka my brother and buying cheap stuff from the Roots store or anything hockey related. Good for Canada though! I'm glad they're almost equivalent to the US dollar so that when you shop online at stores you dont have, its not too painful (ie hollister or victoria's or bath and body works or wherever else canadians might shop in terms of American stores)
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