usd - cdn

[lildonkey]

1 usd = 1.21cdn... wtf?

it's good for me... but can someone explain how their dollar is so strong against ours considering their economic crisis ?

[brit]

In short; we are mostly an export economy, so we have to lower our doller to keep selling shit

Our dollar hasn't changed. Since the economy crash, many Americans who had invested USD into other countries, had to sell what they invested. In other words, the Americans investors have brought back a ton of American dollars, that use to be in other countires, back into the US. Thus the raising of the USD.

[lildonkey]

huh? most people i know in the states are putting their money in euros and other currencies right now with this shit going on

[brit]

^
uh, no *edit for wellbelove. It has more to do with our banks cutting our interest rates back.

^at this point, I think it has a little to do with both. The American dollar cant stay strong for long. Keep in mind Canada was rated #1 in the world for safest banks (2 weeks ago).

[miss.myra]

Originally Posted by brit

^
uh, no *edit for wellbelove. It has more to do with our banks cutting our interest rates back.

bingo! :) in the last month, i think we've cut it 0.75 percent. wowzas!

[fritz]

keep paying me in USD you stupid americans

loving it

[lildonkey]

same here, haha :D

[Leviathan]

me three, I hope it keeps dropping :)

[Courtney]

i dont know i dotn have any money so it doesnt affect me

[Grapes]

Can we get Alla's take on this?

[P.A.R.T.Y]

Eveytime the Canadian dollar drops, it`s like I get a mini raise. :amuse:
The Japanese yen is now 123yen-$1, whereas it used to be less that 1-1. Keep up the good work Harper.

[dabbler]

Originally Posted by R Wellbelove

Our dollar hasn't changed. Since the economy crash, many Americans who had invested USD into other countries, had to sell what they invested. In other words, the Americans investors have brought back a ton of American dollars, that use to be in other countires, back into the US. Thus the raising of the USD.

ding ding

[dabbler]

its not the CDN falling (tho it has a little) it's the USD gaining against everything.

Originally Posted by Grapes

Can we get Alla's take on this?

Her take on it would probably mean shes down in the states right now, spending as much of her CAN dollar as possible.

[Leviathan]

I got another few percent raise today.I'll be spending lots when I come home next :)


edit:
All kidding aside it works out well when my wife still lives in Canada.

[Grapes]

Beer's on you!

[Grapes]

Originally Posted by R Wellbelove

Her take on it would probably mean shes down in the states right now, spending as much of her CAN dollar as possible.

Well what else would you do, with the Canadian dollar worth more and more against the US dollar???

[Revolver]

Its good for buisness...

Im into exporting vintage vw parts down the coast so im pleased...

[dabbler]

Originally Posted by Grapes

Well what else would you do, with the Canadian dollar worth more and more against the US dollar???

did we miss something here?

[P.A.R.T.Y]

$.79 and dropping...keep er coming. :D