Can you spend Us money in Canada

SuperMegatron · Post by **SuperMegatron** » Thu Oct 28, 2004 12:53 am

I was thinking of going to canada but I dont want to switch my money over do they take the us dollars there and just charge a exchange fee like mexico or do you have to use Canadian money up there

Veggita2099 · Post by **Veggita2099** » Thu Oct 28, 2004 1:28 am

When I was 16 I worked at a local Burger King. The manager was working register 2 and I was on 1. A guy tried to pay for something that had a penny from canada and she wouldn't accept it saying it wasn't worth as much as a U.S. penny. I thought it was stupid myself, but I guess legally your not supposed to without converting it.

MrSiggler · Post by **MrSiggler** » Thu Oct 28, 2004 1:31 am

The Canadian dollar is worth about 75-80 cents USD.
I'm sure you'll be able to use your money here.
Infact, i'm sure places would love you to use those american dollars.
Why? Because if you pay dollar for dollar, the place makes a nice 25% profit

ace · Post by **ace** » Thu Oct 28, 2004 7:46 am

SuperMegatron wrote:I was thinking of going to canada but I dont want to switch my money over do they take the us dollars there and just charge a exchange fee like mexico or do you have to use Canadian money up there

Most cash registers have a US Funds feature, so it will actually calculate what they really owe you after exchanges, and you won't lose money.

butters · Post by **butters** » Thu Oct 28, 2004 12:38 pm

But wouldn't you expect a retailer to use a conversion rate that would be unfair to the consumer?

ace · Post by **ace** » Thu Oct 28, 2004 2:00 pm

which would be different from normal how

In all seriousness, I don't really know.

djray · Post by **djray** » Thu Oct 28, 2004 2:21 pm

bad time to go to canada for you... the exchange rate is not fetching as much as you could have gotten 5 months ago.

coins you can get away with... notes... probably not!

Warmachine · Post by **Warmachine** » Thu Oct 28, 2004 4:34 pm

I think you have to converte it first or have to see if they accept it.

ShadowofBob · Post by **ShadowofBob** » Thu Oct 28, 2004 5:39 pm

It depends on where you are going. Like ace said a lot o places will let you pay in American dollars and the cash registers will convert if for you can give you and canadian change. It was like this in Whistler, B.C. and every store I went to took USD, but I'm guessing it probably isn't so common in smaller cities or non-major stores.

revengeofLaEternal · Post by **revengeofLaEternal** » Mon Nov 01, 2004 1:51 pm

If you have a credit card (or a check card with a visa or MC logo), I'd say just use it. At the place of purchase, it will go thru as Canadian dollars, but then the bank that issued your card will do the exchange to US dollars at the time the transaction is logged, so you avoid being screwed by the merchant (concerning exchange rates) and don't have to worry about getting cash exchanged (although having some on hand is still a good idea).

SuperMegatron · Post by **SuperMegatron** » Mon Nov 01, 2004 3:19 pm

MrSiggler wrote:The Canadian dollar is worth about 75-80 cents USD.
I'm sure you'll be able to use your money here.
Infact, i'm sure places would love you to use those american dollars.
Why? Because if you pay dollar for dollar, the place makes a nice 25% profit

How does that exchange thing work exactly if the dollar is worth more then the canadian dollar I am better off doing my shopping in canada and bringing it back to the states right

FETUS · Post by **FETUS** » Mon Nov 01, 2004 8:09 pm

not really if it costs $80 in the us then it will probably be $100 canadian if thats the current exchange rate.

Sir Slash · Post by **Sir Slash** » Tue Nov 02, 2004 1:55 am

sure you can

depends how close to the border you are

like I can go to windsor and use my american cash no sweat

Lartrak · Post by **Lartrak** » Tue Nov 02, 2004 7:04 pm

FETUS wrote:not really if it costs $80 in the us then it will probably be $100 canadian if thats the current exchange rate.

It isn't nearly as true as it used to be, but I used to live about an hour from the border in Michigan, and people often jumped the border for major purchases to save money. You ended up saving money on some things because of the better exchange rate.

someoneElse · Post by **someoneElse** » Thu Nov 04, 2004 7:09 am

Lartrak wrote:
FETUS wrote:not really if it costs $80 in the us then it will probably be $100 canadian if thats the current exchange rate.
It isn't nearly as true as it used to be, but I used to live about an hour from the border in Michigan, and people often jumped the border for major purchases to save money. You ended up saving money on some things because of the better exchange rate.

Yeah, I used to abuse the exchange rate often for expensive DVD boxed sets not all that long ago.

But now that the USD is tanking at a much faster rate than the CAD, it's not really worthwhile anymore.

Wasgo · Post by **Wasgo** » Fri Nov 05, 2004 12:17 am

With the Canadian exchange rate as high as it is, it's actually better to buy in the states for now. In fact, some Canadians are going to shop in the states.

Lunchbox · Post by **Lunchbox** » Fri Nov 05, 2004 7:16 am

The Canadian dollar is up to 83 cents US today

ace · Post by **ace** » Fri Nov 05, 2004 8:20 am

Lunchbox wrote:The Canadian dollar is up to 83 cents US today

Best news I've heard in a while.

/me is glad Bush got re-elected.

Post by **Quzar** » Fri Nov 05, 2004 10:00 am

SuperMegatron wrote:
MrSiggler wrote:The Canadian dollar is worth about 75-80 cents USD.
I'm sure you'll be able to use your money here.
Infact, i'm sure places would love you to use those american dollars.
Why? Because if you pay dollar for dollar, the place makes a nice 25% profit
How does that exchange thing work exactly if the dollar is worth more then the canadian dollar I am better off doing my shopping in canada and bringing it back to the states right

technically you have to declare everything you bought while there are the border and shoul pay duty on it. if not you are smuggling =P

Ender · Post by **Ender** » Fri Nov 05, 2004 9:19 pm

I've never run across a store in Canada that didn't take US money. That said, you will get a marginally better exchange rate if you change it at the bank, but unless you're spening large amounts of money, I dunno if it's worth bothering to find a bank to change it at.

Although, right now, with how the US dollar is dropping, buying canadian money when you get here, and then buying american money when you leave might actually make you some money

Can you spend Us money in Canada

Can you spend Us money in Canada

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