# Place your bets: The date US and Canada dollars match value. **URL:** \ **Category:** In My Humble Opinion\ **Created:** [July 19, 2007, 6:42am UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356 "2007-07-19T06:42:13Z")\ **Posts on this page:** 20\ **Page:** 2
**Author:** ![Spoons](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/spoons/32/3141_2.png) [@Spoons](https://boards.straightdope.com/u/Spoons)\ **Post date:** [July 20, 2007, 10:55pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/21 "2007-07-20T22:55:39Z")
[QUOTE=Sunspace] [sub]No wonder I can’t find a girlfriend :: mutter :: grumble ::[/sub] [/QUOTE] Get one from the USA. Hey, if Canadian women can move south, American women can move north. Trust me; I know this. 😉 ---
**Author:** ![Ike\_Witt](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ike_witt/32/283_2.png) [@Ike\_Witt](https://boards.straightdope.com/u/Ike_Witt)\ **Post date:** [July 20, 2007, 11:12pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/22 "2007-07-20T23:12:09Z")
I’ll pick Friday March 7 2008. ---
**Author:** ![Swallowed\_My\_Cellphone](https://avatars.discourse-cdn.com/v4/letter/s/9d8465/32.png) [@Swallowed\_My\_Cellphone](https://boards.straightdope.com/u/Swallowed_My_Cellphone)\ **Post date:** [July 20, 2007, 11:43pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/23 "2007-07-20T23:43:13Z")
[QUOTE=Raygun99] I don’t think it’ll quite make it there this year. February 29, 2008. [/QUOTE] Most of what I’ve read (in Canada) has analyst’s saying the Cdn. dollar will reach parity with the U.S. at the end of year at the _earliest_, but the general consensus with analysts is that it will be a bit later. Jack Spitz, director of foreign exchange trading at National Bank Financial, expects parity by the end of the second quarter in 2008. I think your guess is a good one. ETA: Or **adam yax** ’s guess. ---
**Author:** ![panache45](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/panache45/32/64_2.png) [@panache45](https://boards.straightdope.com/u/panache45)\ **Post date:** [July 21, 2007, 5:51pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/24 "2007-07-21T17:51:22Z")
October 1, 2007. ---
**Author:** ![Sunspace](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/sunspace/32/1250_2.png) [@Sunspace](https://boards.straightdope.com/u/Sunspace)\ **Post date:** [July 22, 2007, 5:26am UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/25 "2007-07-22T05:26:50Z")
November 10th, 2007. ---
**Author:** ![Seven](https://avatars.discourse-cdn.com/v4/letter/s/3d9bf3/32.png) [@Seven](https://boards.straightdope.com/u/Seven)\ **Post date:** [July 27, 2007, 6:56am UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/26 "2007-07-27T06:56:11Z")
So, it wiggled a bit up and down in the last week or so. The lowest I saw was $1.03. Right now, we’re up a cent from the OP at 1.0505 BTW: I’m getting my exchange rates from [here](http://www.bankofcanada.ca/en/rates/exchform.html) ---
**Author:** ![Cat\_Whisperer](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cat_whisperer/32/4839_2.png) [@Cat\_Whisperer](https://boards.straightdope.com/u/Cat_Whisperer)\ **Post date:** [July 27, 2007, 4:57pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/27 "2007-07-27T16:57:41Z")
[QUOTE=ASAKMOTSD] I think getting to “par” is part of the plan. We align the money by giving the US notes color, we issue new dollar coins (again) to get people to start using them (yeah, right), and then we bring the conversion rate to zero. The US flags with the extra stars are already in the storage areas ready for issue, eh? [/QUOTE] That would be 50 stars and 13 maple leafs, eh? Although that’s getting pretty crowded; how about a divided flag with a big star on one side and a big maple leaf on the other, with a background of stripes? ETA: Forgot my bet - I don’t want to make a bet until after the U.S. election next year. Then all bets are off. ---
**Author:** ![Seven](https://avatars.discourse-cdn.com/v4/letter/s/3d9bf3/32.png) [@Seven](https://boards.straightdope.com/u/Seven)\ **Post date:** [September 19, 2007, 4:10am UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/28 "2007-09-19T04:10:22Z")
Well,. I missed my mark of Sept 17th. To continue the year-to-date rates: Jan 2007 - $1.16 Feb 2007 - $1.17 Mar 2007 - $1.17 Apr 2007 - $1.15 May 2007 - $1.10 Jun 2007 - $1.06 Jul 2007 - $1.05 Aug 2007 - $1.05 Sept 2007 - $1.04 Today, Sept 18th, Bank of Canada is marking the exchange at 1.0236. This is the “official” rate I’m using for the purpose of this thread. That said, [www.xe.com](http://www.xe.com) is marking the rate at 1.00 USD = 1.00956 CAD. Today my bank is exchanging 1.00 USD to .99 CAD. That's the better rate using my US funds account. I don't know what their "off the street" rate is. I'd guess about .97 CAD ---
**Author:** ![Trunk](https://avatars.discourse-cdn.com/v4/letter/t/87869e/32.png) [@Trunk](https://boards.straightdope.com/u/Trunk)\ **Post date:** [September 19, 2007, 4:37pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/29 "2007-09-19T16:37:55Z")
The fed is turning the dollar into a steaming pile of shit. Pretty soon, it will be cheaper to wipe our asses with singles than to buy toilet paper. ---
**Author:** ![Sunspace](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/sunspace/32/1250_2.png) [@Sunspace](https://boards.straightdope.com/u/Sunspace)\ **Post date:** [September 19, 2007, 4:49pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/30 "2007-09-19T16:49:21Z")
As of noon, the Bank of Canada is reporting that 1 CAD = 0.99 USD, or 1 USD = 1.0147 CAD. We may be on track for my prediction of November 10th. If things continue as they are (and that’s a big if), soon we Canadians will be roaming the US, supported by the massive and heavily-muscled legs\* of our currency, and distributing fistfuls of multi-coloured wealth to the US masses while we snatch up women and real-estate with abandon… [sub]\*I worked out last night, and I think it’s affecting my prose.[/sub] ---
**Author:** ![iamthewalrus\_3](https://avatars.discourse-cdn.com/v4/letter/i/258eb7/32.png) [@iamthewalrus\_3](https://boards.straightdope.com/u/iamthewalrus_3)\ **Post date:** [September 19, 2007, 6:13pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/31 "2007-09-19T18:13:55Z")
[QUOTE=Sunspace] Soon we Canadians will be roaming the US… distributing fistfuls of multi-coloured wealth to the US masses while we snatch up… real-estate with abandon… [/QUOTE] Yeah, you’re pretty much welcome to it. ---
**Author:** ![Sunspace](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/sunspace/32/1250_2.png) [@Sunspace](https://boards.straightdope.com/u/Sunspace)\ **Post date:** [September 19, 2007, 6:24pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/32 "2007-09-19T18:24:20Z")
[QUOTE=iamthewalrus(:3=] Yeah, you’re pretty much welcome to it. [/QUOTE] All those half-built abandoned suburbs that show up on Google Earth? Demolish, recycle the materials, return to farmland, grow organic, and profit!!! ---
**Author:** ![Vimp](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/vimp/32/4186_2.png) [@Vimp](https://boards.straightdope.com/u/Vimp)\ **Post date:** [September 19, 2007, 8:44pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/33 "2007-09-19T20:44:36Z")
[QUOTE=Sunspace] As of noon, the Bank of Canada is reporting that 1 CAD = 0.99 USD, or 1 USD = 1.0147 CAD. We may be on track for my prediction of November 10th. [/QUOTE] Hey, look at the http://www.bankofcanada.ca/en/rates/exchform.html]Bank of Canada’s currency converter - the US$ has dropped from C$1.04 on Sept 11th to $1.0147 on Sept 19th. I think you’re waaay too pessimistic/optimistic (depending on your POV). I predict parity – Sept 24th. ---
**Author:** ![Kid\_A\_1](https://avatars.discourse-cdn.com/v4/letter/k/ed8c4c/32.png) [@Kid\_A\_1](https://boards.straightdope.com/u/Kid_A_1)\ **Post date:** [September 20, 2007, 12:54pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/34 "2007-09-20T12:54:51Z")
[xe.com](http://xe.com) is reporting $1 US = 1.00245 CDN. It’s going to reach parity today, it may not stay there but I’m sure it’s going to make it. ---
**Author:** ![Trunk](https://avatars.discourse-cdn.com/v4/letter/t/87869e/32.png) [@Trunk](https://boards.straightdope.com/u/Trunk)\ **Post date:** [September 20, 2007, 1:15pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/35 "2007-09-20T13:15:59Z")
Euro reaches all time high against the dollar. [http://www.nytimes.com/aponline/business/AP-Dollar.html?ex=1347940800&en=812fb247b910d1ec&ei=5088&partner=rssnyt&emc=rss](http://www.nytimes.com/aponline/business/AP-Dollar.html?ex=1347940800&en=812fb247b910d1ec&ei=5088&partner=rssnyt&emc=rss) ---
**Author:** ![Kid\_A\_1](https://avatars.discourse-cdn.com/v4/letter/k/ed8c4c/32.png) [@Kid\_A\_1](https://boards.straightdope.com/u/Kid_A_1)\ **Post date:** [September 20, 2007, 1:28pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/36 "2007-09-20T13:28:46Z")
Parity has been reached according to the Globe and Mail. [Traders push bids on loonie to par](http://www.reportonbusiness.com/servlet/story/RTGAM.20070920.wdollar0920/BNStory/robNews/home) ---
**Author:** ![Leaffan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/leaffan/32/299_2.png) [@Leaffan](https://boards.straightdope.com/u/Leaffan)\ **Post date:** [September 20, 2007, 2:24pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/37 "2007-09-20T14:24:13Z")
This may be good for Canadian tourists going south and the owners of Canadian hockey teams, but for the manufacturing sector it licketh. ---
**Author:** ![ColonelDax](https://avatars.discourse-cdn.com/v4/letter/c/71e660/32.png) [@ColonelDax](https://boards.straightdope.com/u/ColonelDax)\ **Post date:** [September 20, 2007, 3:01pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/38 "2007-09-20T15:01:55Z")
Bloomberg has just run the following headline: Canadian Dollar Rises to $1 for First Time Since 1976. ---
**Author:** ![ColonelDax](https://avatars.discourse-cdn.com/v4/letter/c/71e660/32.png) [@ColonelDax](https://boards.straightdope.com/u/ColonelDax)\ **Post date:** [September 20, 2007, 3:09pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/39 "2007-09-20T15:09:31Z")
Bloomberg story [here](http://www.bloomberg.com/apps/news?pid=20601082&sid=awhVMIymbX0w&refer=canada) for confirmation. ---
**Author:** ![Swallowed\_My\_Cellphone](https://avatars.discourse-cdn.com/v4/letter/s/9d8465/32.png) [@Swallowed\_My\_Cellphone](https://boards.straightdope.com/u/Swallowed_My_Cellphone)\ **Post date:** [September 20, 2007, 3:23pm UTC](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356/40 "2007-09-20T15:23:43Z")
The Toronto Star is reporting parity as well. So who won the bet? Is **panache** the closest? [Previous page](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356.md?page=1) [Next page](https://boards.straightdope.com/t/place-your-bets-the-date-us-and-canada-dollars-match-value/412356.md?page=3)