[QUOTE=Sunspace]
The Canadian dollar just hit 1.0883 US. The US dollar is below 92c Canadian. :eek:
[sub]And it went down while I was typing that.[/sub]
[/QUOTE]
I don’t care if the U.S. dollar ends up being worth 4 cents Canadian. I still reserve the right to make fun of the Canadian dollar and it’s value until the end of time. 
Wow. At least I didn’t pick this week to visit Toronto! :eek:
I went the last week of October. I was heartily disappointed to see that I wasn’t actually going to be getting more dollars than I put in (yes, I know I’m not REALLY making a profit, but it was fun giving the moneychangers $200 and getting all those shiny Canadian bills) – it actually did make an impact when I had to hop a taxi in Buffalo and realized I was almost completely broke… 
It just brought home how incredibly expensive everything really is up there. Even at today’s rates, a dollar doesn’t go very far. I still had a fine time, even if we spent a few more hours playing Guitar Hero and eating homemade shepherd’s pie (mmm!) than we would have.
$1.09.
Eeep.
Next on the parity-soon list is the Australian dollar, currently at US 92.87 cents, and the Swiss Franc at US 87.39. So far the main effect has been a rise in crude oil costs, because that is generally priced in US dollars, and the countries want their money’s worth. I suspect that the fact that the Chinese Yuan is tied to the US dollar has helped to mask the effect in the US. However, I expect hoards of rowdy, free-spending Canadian tourists invading our warmer states this winter.
[QUOTE=whitetho]
. However, I expect hoards of rowdy, free-spending Canadian tourists invading our warmer states this winter.
[/QUOTE]
Yeah, you probably can. That said, if the loonie loftiness holds, Canadian tourists will also be heading overseas. In the past month, the Canadian dollar has gained significantly against both the Euro and the pound. One month ago, the CDN $/Euro exchange was something like $1.42 - 1.44 against the Euro. Today it is $1.33. And two months ago it was hovering in the hgh $1.40’s. Similar appreciation has occurred against the pound with exchange rate now sitting at $1.91 against the pound. Over the last couple of months the it has dropped below $2.00 for the first time in decades.
It’s now at 1.09556 US. One US dollar is 0.91277 Canadian dollars.
This has got to be some kind of speculative bubble thing on the Canadian dollar.
:: peers at the XE chart some more ::
Or is the US dollar dropping against other currencies?
[QUOTE=Sunspace]
It’s now at 1.09556 US. One US dollar is 0.91277 Canadian dollars.
This has got to be some kind of speculative bubble thing on the Canadian dollar.
:: peers at the XE chart some more ::
Or is the US dollar dropping against other currencies?
[/QUOTE]
Of Course it is…! I’m supposed to visit Toronto next weekend. :smack:
I just chalk it up to Cobie Smulders’ revenge… 
I’ll be lucky if I have enough left over for an order of Buffalo wings on the drive back…
[QUOTE=Count Blucher]
Of Course it is…! I’m supposed to visit Toronto next weekend. :smack:
I just chalk it up to Cobie Smulders’ revenge…
I’ll be lucky if I have enough left over for an order of Buffalo wings on the drive back…
[/QUOTE]
I’m sure there are enough TronnaDopers to spring for a beer or a Tim Hortons coffee or something for you… 
One loonie is $1.09784. I’m living in Bizarroworld. Xe.com has become my husband’s favourite website. This is like when we first got the bread machine, and we watched it knead. I can’t stop checking the loonie.
1.10005
Holy sh*t!
Does this mean that I should stop taking American pennies, nickles, and dimes as fair change for Canadian ones? This is going to be a big adjustment in the retail business because I will now have to carefully pick out the American coins so I don’t shortchange customers or vice versa.
This trip has been planned for a while now, and has nothing to do with the value of the dollar, but talk about a good time to be heading down to Seattle for the weekend. 
Of course, I’m going to be in dance workshops all weekend and won’t have any time for shopping, but at least food will be cheap.
The Canadian dollar reached $1.10 US early this morning, though the US dollar has since risen. It seems the Chinese aren’t quite as enthusiastic about the US dollar anymore.
Jebus. Currently $1.09167. Analysts were right; we will hit $1.10 before the new year – long before, and not just for a moment during trading hours. You know, I need to buy a shield and case for my Touch… back to eBay I go.
This is really freaking me out though. Four years ago I was used to adding 30-35% to US prices to come up with what I’d have to shell out for something from across the border. Now I’m subtracting almost 10%.
It’s good to be Canadian right now.
It seems that that story about the supermodel who would no longer accept US dollars was wrong. This was reported as fact widely yesterday.
It’s come down to 1.083. Looks like the bubble is bursting. 
Fuckity, fuckity, fuckity. Up here in north-western Ontario, we’re a resource export region, particularly focused on exporting forest products to the U.S.A. The higher our dollar is compared to the U.S. dollar, the worse it is for our regional economy.
What I would like to know is, will Canadian merchants along the border still cheerfully give Canadian change for U.S. dollars at par?
[QUOTE=Mindfield]
It’s good to be Canadian right now.
[/QUOTE]
For everyone I work with, it’s terrible. Most of my customers are Canadian manufacturers, and this is murderously bad. A lot of them are looking at layoffs.
I’ve heard nothing bad from the company I work for–but then most of our customers are outside the States.
Down to 1.076.
