Cheapest place to buy cash in Canada?
Crossing the border in a few weeks... where is the most economical place to buy some Canadian currency? Last time I was there, I just stopped at a random bank that was easy to get into with my rig....
Forum Discussion
I just did a buy & sell enquiry on the Royal Bank site.
If you walked in with a $100 US bill they will give you $105.93 Can.
On the other hand, if you were returning to the US today and had $100 Can. cash, they would give you $88.75 US for it.
Remember, there is really no such thing as an 'official' exchange rate, and there is always a buying rate & a selling rate. If you just see a single rate, it is only an approximate rate, selling and buying rates will be a few points either side of this single rate.
If you walked in with a $100 US bill they will give you $105.93 Can.
On the other hand, if you were returning to the US today and had $100 Can. cash, they would give you $88.75 US for it.
Remember, there is really no such thing as an 'official' exchange rate, and there is always a buying rate & a selling rate. If you just see a single rate, it is only an approximate rate, selling and buying rates will be a few points either side of this single rate.
