Cash for Canada
Going to PEI next month.......do I need to do a money exchange before leaving U.S. or will I be okay after entering Canada? I will also have credit card......thanks for any advise. Last time I was i...
Forum Discussion
Wrong Lane wrote:
I would like to point out that when I shop in the states and pay with $CDN I am always given $USD for the change.
What happens when you do this in Canada or in the US is the exchange rate the retailer is using is applied to the value of the bill you are using to pay with, not just the transaction. For example if you use a twenty to pay for a three dollar purchase you are charged the exchange on the twenty, then the transaction is calculated, then you get your change.
GEEEEEEEEEEEEEEEEEEE, that can't be right it is just too simple and logical!!!!!!!!!!!!!!!!!!!!!!!:S
