Stephen K
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That is the exchange rate so a Canadian dollar doesn't buy as much in the US |
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Paul Ding
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It means that if you take $100 CDN to the bank, you can exchange it for $70 USD.
It also means he's a fool. Canadian dollars are worth MORE than US dollars at present. 1 Canadian dollar = 1.013479 U.S. dollars
Since Dubya took office, the US dollar has lost about 30% of its value. Nobody trusts the dollar with that idiot in charge. |
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mdscates
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it means that the exchange rate for the canadian dollar is not as strong a buying tool as the american dollar...if something cost $3.50 in american then you would have to pay $5 in canadian to get it. |
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juicy_wishun
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If you take $100 canadian to a bank or money-changing service, and exchange it for US dollars, you will get about $70, not coutning any fees. |
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Islander
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Thats a tough one. Duhhhhh |
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hondacivicex92
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It means that with one Canadian dollar you get $0.70 in the U.S. I do not think that is accurate. Maybe you heard euro? One USD will buy 70 cents in euros. Right now, $1.02USD will buy 1 Canadian dollar. That means that Canadian currency is stronger...ie., it costs the US 2 cents more to buy a 1 dollar item in Canada. Not huge, but when you look at the euro then you can see how one would have to have deep pockets to travel in Europe or buy European goods. |
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chitrakg
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The exchange rate. 1 Canadian Dollar = 70 us cents.
or 1 us $ = 1.42 Canadian doll |
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renclrk
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The exchange rate of one Canadian dollar will buy US 70 cents - so should you be Canadian, and converting your dollars to US you lose 30 cents from every dollar you exchange |
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yakrafter
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It means what everyone else has said it means...but it also means that your timing is off. The Canadian dollar is currently worth more than the US dollar, our (US) money is getting weaker and will buy you less and less worldwide. |
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Rain
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It means that if you exchange 1 Canadian Dollar you will get for it 70 cents US.
As far as I know the exchange rate from 10 Oct. was 1.--USD = 0.98 Canadian Dollar |
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pbleek
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It means that for every Canadian dollar you will get 70 cents in US dollars, last time I checked though the Canadian dollar was on par with the US dollar. |
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kinky_willow
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It means that the exchange rate is:
70 USA cents is worth 1 Canadian dollar.... |
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Ania & Richard
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That something bought in Canada for a dollar is only 70 cents here in the US. |
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Kim W
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It means if you take one Candian dollar to a bank and ask to exchange it for US currency, they will give you $.70.
It means Canadian currency is stronger than US currency on the world trading market. |
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Ryan D
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the us economy is very, very strong... your should spend and buy as much as possible... go out to eat, buy a boat, or possibly a second house... have fun live free "this is AMERICA!!!" |
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