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-   -   USD = 1.12 cnd ?! wtf (https://gfy.com/showthread.php?t=560051)

Doctor Dre 01-04-2006 09:22 AM

USD = 1.12 cnd ?! wtf
 
That's what my bank just gave me for a check . I mostly use epass nowdays so I didn't know the exact rate. outch

Pete-KT 01-04-2006 09:26 AM

i remember when i used to go to canade to gamble and we would get 1usd=1.55cnd

candyflip 01-04-2006 09:31 AM

Quote:

Originally Posted by Pete-KT
i remember when i used to go to canade to gamble and we would get 1usd=1.55cnd

The most I ever remember getting for $1US was $1.63CDN - that was 10 years ago now, but seems like yesterday when we would cross the border to get drunk at 19.

Dennis69 01-04-2006 09:34 AM

Yeah I just went and cashed 2 cheques and the exchange was 1.13... almost made me cry :mad: I loved the days when it use to be up around 1.55

cool1 01-04-2006 09:34 AM

That rate sucks Dre, but its the same here, , very sad.
Won't be long and it will be at par.

Za Ha 01-04-2006 09:58 AM

www.xe.com thats what you should be getting if you know a good exchange place

fris 01-04-2006 10:01 AM

damn. 1.12. last week it was 1.14.

NoWhErE 01-04-2006 10:07 AM

Fuck... thats pretty bad... I've got a few checks to cash, maybe I should wait hehe

LadyMischief 01-04-2006 10:11 AM

I got 1.13 this morning, wooo

LadyMischief 01-04-2006 10:12 AM

Quote:

Originally Posted by NoWhErE
Fuck... thats pretty bad... I've got a few checks to cash, maybe I should wait hehe


I wouldn't.. it's only going to get worse, no better.

directfiesta 01-04-2006 10:40 AM

Quote:

Originally Posted by LadyMischief
I wouldn't.. it's only going to get worse, no better.

Exactly ...

Tanker 01-04-2006 10:43 AM

yeah the US economy has made the Dollor fall to almost nothing compared to the canadian dollar

pr0 01-04-2006 10:50 AM

Quote:

Originally Posted by Tanker
yeah the US economy has made the Dollor fall to almost nothing compared to the canadian dollar

its cool....there will be a mass migration back to europe soon :1orglaugh

Easton 01-04-2006 10:53 AM

depends on the side of the fence you're on... for me it's been beautiful :)

i picked a great time to move to the US and get a house

pr0 01-04-2006 10:56 AM

Quote:

Originally Posted by Easton
depends on the side of the fence you're on... for me it's been beautiful :)

i picked a great time to move to the US and get a house

yea...just remember, Arizona, Montana & Utah are probably the only 3 states left without the bloods/crips etc.

but within the next 10 years pheonix, mesa, chandler etc will all be ghetto just like the rest of the major cities in america

however theres good news....if someones dealin crack down the street, their less likely to hassle you for slangin tittys

NoCarrier 01-04-2006 10:58 AM

Damn, our exportation industry must be crying..

rip raster 01-04-2006 11:13 AM

you can thank Mr. Bush for that...he's run every other company that he was in charge of into bankruptcy the country is no different

Veterans Day 01-04-2006 11:28 AM

poor canadians :1orglaugh

NoCarrier 01-04-2006 11:31 AM

Quote:

Originally Posted by Veterans Day
poor canadians :1orglaugh

Poor?!! Our economy is kicking ass.. Soon our dollar will be stronger than yours, we'll buy the United States and sell it to Iran.

sickbeatz 01-04-2006 11:33 AM

Remember on the 1st...

The US Treasury clearly stated that in 2 months from 4 days ago that the United States will no longer have enough money for daily operations unless the national debt limit is raised. The US is already in so much debt, the debt alone is enough money to make every man woman and child on this earth rich.

Easton 01-04-2006 11:36 AM

Quote:

Originally Posted by pr0
yea...just remember, Arizona, Montana & Utah are probably the only 3 states left without the bloods/crips etc.

but within the next 10 years pheonix, mesa, chandler etc will all be ghetto just like the rest of the major cities in america

however theres good news....if someones dealin crack down the street, their less likely to hassle you for slangin tittys

true dat LOL

i'm glad we live up in Cave Creek basically

TheLegacy 01-04-2006 11:37 AM

Quote:

Originally Posted by sickbeatz
Remember on the 1st...

The US Treasury clearly stated that in 2 months from 4 days ago that the United States will no longer have enough money for daily operations unless the national debt limit is raised. The US is already in so much debt, the debt alone is enough money to make every man woman and child on this earth rich.

interesting to know - and I agree with my canadian friends - very soon the canadian dollar is going to equal the american if not more - I sincerely hope not but with all the mess happening down there it was about to happen.

Veterans Day 01-04-2006 11:37 AM

Quote:

Originally Posted by NoCarrier
Poor?!! Our economy is kicking ass.. Soon our dollar will be stronger than yours, we'll buy the United States and sell it to Iran.

yes I am worried :Oh crap

rockbear 01-04-2006 11:39 AM

That's why the Canada will be in recession in the end of 2006. The Canadian dollar will be so high that a lot of big company will close. Check this out 2006 will not be nice in the next few months for us Canadian.

Za Ha 01-04-2006 12:03 PM

Quote:

Originally Posted by uproared
That's wholesale rates....There are ALWAYS differences between wholesale and the buy/sell rate.

If you have a good exchagne place the differences are smaller :thumbsup

Yngwie 01-04-2006 12:23 PM

Quote:

Originally Posted by candyflip
The most I ever remember getting for $1US was $1.63CDN - that was 10 years ago now, but seems like yesterday when we would cross the border to get drunk at 19.


I remember those days.. cashing checks was awesome at that point.

Kimmykim 01-04-2006 12:25 PM

Quote:

Originally Posted by pr0
yea...just remember, Arizona, Montana & Utah are probably the only 3 states left without the bloods/crips etc.

but within the next 10 years pheonix, mesa, chandler etc will all be ghetto just like the rest of the major cities in america

however theres good news....if someones dealin crack down the street, their less likely to hassle you for slangin tittys

Interesting... even in the ghetto in my town, indoor plumbing costs 500k.

BradM 01-04-2006 12:30 PM

Yep, we're only hurting ourselves with this exchange rate.

pr0 01-04-2006 12:33 PM

Quote:

Originally Posted by Kimmykim
Interesting... even in the ghetto in my town, indoor plumbing costs 500k.

you want a cookie or something?

GlydeGirl 01-04-2006 12:57 PM

One of the reasons Canada is doing so well with our dollar is all the oil we have in Alberta. Since 9-11, fuel rates have skyrocketed to the level where it is now economically feasible for us to mine our oil sands. We've got so much oil to sell to you Americans, and it's all thanks to Iraq!

But don't worry, we're your good buddies and will gladly sell you all the oil your country wants. Won't it be nice to buy from a country that you DON'T have to bomb on a regular basis?

And they say that nice guys finish last.... :evil-laug

Young 01-04-2006 12:59 PM

http://www.realitybasednation.com/im...ush-dollar.jpg

Blame him

Luc 01-04-2006 01:06 PM

this types of news makes me shit my pants. seriously.

AZNNC 01-04-2006 01:20 PM

I'm in Canada :(
I want my 1.5x exchange back.

ajrocks 01-04-2006 02:11 PM

Yup the good old US Government has fucked things all up. In the 60's the Canadian Dollar was worth 20 cents more then the American Dollar, looks like we are heading that way again.

okdesign 01-04-2006 02:53 PM

this sucks

qwe 01-04-2006 03:15 PM

ya it was nice depositing 10k checks and getting 15k canadian... now its 11k or so :/

BuggyG 01-04-2006 05:10 PM

Quote:

Originally Posted by Easton
depends on the side of the fence you're on... for me it's been beautiful :)

i picked a great time to move to the US and get a house


as much as I luv ya Easton... :boid

that's for getting a sweet deal hehehe :1orglaugh

power182 01-04-2006 05:25 PM

Quote:

Originally Posted by NoCarrier
Damn, our exportation industry must be crying..


Just the opposite; export companies loves a low exchange rates because their products become cheaper to buying countries, therefor increasing their volume. Many economists believe the current exchange is being kept artificially low for just that reason. It helps balance our trade deficit.

Vitasoy 01-04-2006 05:29 PM

Yea it sucks.. before we know it, it'll be worth just as much or even more.

NoCarrier 01-04-2006 06:02 PM

Quote:

Originally Posted by power182
Just the opposite; export companies loves a low exchange rates because their products become cheaper to buying countries, therefor increasing their volume.

Huh? I think you got it all wrong.

Economy 101 :

If the dollar is strong, this means that it's going to cost MORE for the importer elsewhere in the world to buy our products. It's not going to increase the volume for our export companies. Those companies will have to lower their prices to sell the same volume, thus, losing even more profits.


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