<snip>
>These are according to archives at the federal reserve bank of Chicago....
>so in a perfect world, they should have been giving me a 16% discount
>(1/1.19=.84 $US for 1 $CN) for that trip... but these guys were perfectly
>willing to make a little on the deal....but I don't think it was a "rip
>off"... today the rate is more like 1.54... so now 10% would be a real rip
>off...
>Gary Shook
Accepting foreign currency is a courtesy extended by many business' to our
friends from the south. Generally you pay a small surcharge for this. If
you want the current rate of exchange, best go to a bank.
Gary said this happened in the 'back woods' of the Yukon. The owner of the
gas station probably would have to drive many miles (at $.85/litre) to do
his banking and exchange the money.
In the reverse this is not necessarily the case. Northern US border towns
(or resort towns like Vegas) will accept $Can., but with those exceptions,
I have found that most US business' will not accept Canadian money.
Rob Agnew
ragnew@islandnet.com
Victoria, B.C.
Canada
This archive was generated by hypermail 2b29 : Fri Jun 20 2003 - 12:10:51 EDT