Pilsner14 Posted January 20, 2015 Share Posted January 20, 2015 Anyone else feeling the squeeze of the Canadian dollar compared to the greenback? Curious if it is affecting any other Canadian's travel plans or 'purchases'.........or are others just plowing though even with the discrepancy. I know looking to travel to Cuba the CUC or peso or whatever currency they are working with right now is on par with the US dollar and that hurts as well. When it costs 4 or 5 hundred bucks to purchase some US currency its a little eye-raising. Cheers, JD Link to comment Share on other sites More sharing options...
headstand Posted January 20, 2015 Share Posted January 20, 2015 Was a fun ride, while it lasted, at parity. Soon we will have to hunker down, stay in-country and avoid imports. Link to comment Share on other sites More sharing options...
canucks6024 Posted January 20, 2015 Share Posted January 20, 2015 Yup. I'm feeling it. With regards to my "extra-curricular" cross border purchases, I've definitely slowed down significantly. Link to comment Share on other sites More sharing options...
cdnstogie Posted January 20, 2015 Share Posted January 20, 2015 Actually - it hasn't really at all. Never did too much buying overseas until the latter part of 2014 - so I 'missed' out. The other way to look at it is I am already use to the prices at where they are at :-) They have creeped up over the last 5-6 months though slowly. Link to comment Share on other sites More sharing options...
cigarbreak Posted January 20, 2015 Share Posted January 20, 2015 Yup. Feeling it over here. Upcoming vacation plans will by more expensive as will the related purchases while there lol. Link to comment Share on other sites More sharing options...
Guest rob Posted January 20, 2015 Share Posted January 20, 2015 The Aussie dollar is the same - down 20% in the last year. When the average box of cigars is $200usd - that's a big chunk of change if buying a box or two every month Link to comment Share on other sites More sharing options...
Baldy Posted January 20, 2015 Share Posted January 20, 2015 Nothing new guys so you should have not been surprise and be prepared for it. Par is gravy but the normal exchange rate is where we are at. Better than the 60% to the US dollar that we had a few years back. I miss the exchange rate of last year but feel that it'll be a while before we see it. Going to get worse in this regards than better. Link to comment Share on other sites More sharing options...
mk05 Posted January 20, 2015 Share Posted January 20, 2015 Was in Montreal. Might as well have been free. Link to comment Share on other sites More sharing options...
JohnS Posted January 20, 2015 Share Posted January 20, 2015 We had it good for awhile didn't we? I concur, we have to get used to the exchange rate we've got now. 1 Link to comment Share on other sites More sharing options...
aushy Posted January 20, 2015 Share Posted January 20, 2015 It was only a couple years ago when here in Australia we were around the 1.10 mark when converting to US dollar. I miss those days.. Link to comment Share on other sites More sharing options...
tmac77 Posted January 20, 2015 Share Posted January 20, 2015 I sure am glad I pre-paid for my February ski trip a few months back when the CDN $ was a bit stronger. Link to comment Share on other sites More sharing options...
Lotusguy Posted January 20, 2015 Share Posted January 20, 2015 I've been buying stuff in Europe like crazy 1 Link to comment Share on other sites More sharing options...
imangelo Posted January 21, 2015 Share Posted January 21, 2015 I've been avoiding FoH because my heart breaks every time I do the currency conversion. I will remain ignorantly optimistic for a bounce back to near-par but I'm not holding my breath... Link to comment Share on other sites More sharing options...
Profmd Posted January 21, 2015 Share Posted January 21, 2015 I've been avoiding FoH because my heart breaks every time I do the currency conversion. I will remain ignorantly optimistic for a bounce back to near-par but I'm not holding my breath... My thoughts exactly!! Link to comment Share on other sites More sharing options...
Olga Posted January 21, 2015 Share Posted January 21, 2015 Was in Montreal. Might as well have been free. How? Aren't taxes like 15%? And the city mad expensive? Link to comment Share on other sites More sharing options...
hulklogan Posted January 21, 2015 Share Posted January 21, 2015 How? Aren't taxes like 15%? And the city mad expensive? You are correct about the taxes, but it's not a terribly expensive city relative to Toronto or Vancouver... Link to comment Share on other sites More sharing options...
Troels Posted January 21, 2015 Share Posted January 21, 2015 With the Danish currency tied to the euro, the rising in price for USD and the habanos pricehike sums up to about 20 pct increase! Link to comment Share on other sites More sharing options...
canadianbeaver Posted January 21, 2015 Share Posted January 21, 2015 Around the year 2002 I sold antique silver on eBay. We made 45% on the U.S. dollar. It was on top of our profit margin. Then a while later it was around par for a long time. I guess we have to go with the flow and if you are spending $200 on a box of cigars, $10-30 is part of the ride. Besides, in Canada, the box is three times that much? Link to comment Share on other sites More sharing options...
Diamondog Posted January 21, 2015 Share Posted January 21, 2015 Sinking like a stone....good for my business! Link to comment Share on other sites More sharing options...
Nedule Posted January 21, 2015 Share Posted January 21, 2015 boom, and there goes another $.01 overnight with the gov't interest rate cut. Link to comment Share on other sites More sharing options...
ChanceSchmerr Posted January 21, 2015 Share Posted January 21, 2015 *Expletive* CAD Lost three more cents compared to GBP and EUR and USD in last few hours. There goes any cigar purchases for the time being. *Expletive* sakes. 1 Link to comment Share on other sites More sharing options...
JohnS Posted January 22, 2015 Share Posted January 22, 2015 That Canadian interest cut certainly impacted the Canadian dollar yesterday but there was also some US home construction data which saw more interest in USD. Watch this space however as a ECB stimulus package announcement is expected later today which will impact all the major currencies. Link to comment Share on other sites More sharing options...
TheGipper Posted January 22, 2015 Share Posted January 22, 2015 For those of us Americans who travel north a lot, the good old days are back. Well, except we don't get GST rebated anymore, but oh well. Also great for Canadian residents who are employed by US companies (paid in US dollars). It's like a free 20% pay increase for a lot of my friends in the hockey industry. Link to comment Share on other sites More sharing options...
Baldy Posted January 22, 2015 Share Posted January 22, 2015 On the bright side, at least it's not the Ruble. Having said that, I miss the days of par. Link to comment Share on other sites More sharing options...
TiminBC Posted January 22, 2015 Share Posted January 22, 2015 Travelling when our dollar was 60 cents, now that hurt. It does not stop me from doing so but it hurts Link to comment Share on other sites More sharing options...
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