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Exchange rate - looking ahead to summer


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Just wanted to let folks who are planning on venturing north this year know that the US Dollar to Canadian Dollar exchange rate is pretty spiffy right now - 1USD = 1.37CAD as of today. It has been as high as 1:1.46 recently, but has come down a bit. So, it's worth heading to your local bank and buying some CAD now to help make the trip up nort even more affordable this year! 

Just a thought. Your mileage, as they say, may vary. 

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On 2/18/2016 at 7:20 AM, Cheers said:

Many resorts post rates in U.S. dollars

They may post the rates in US dollars, but that doesn't mean you're getting the benefit of the exchange rate - or at least not the full benefit. One place I've visited posts rates in USD, but if you pay them in USD you get roughly half of the exchange rate. Again, your mileage may vary. 

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If rate is quoted in US $ then exchange rate does not come into play . If your lodging charges $1000 / week U.S. then you pay $1000 U.S. . So the same lodge last year was $1000 U.S/ week and the rate stays the same this year  the lodge owner is gaining about $350 extra at your expense . When things are priced in currency other than the currency of the country the customer never gets full benefit . 

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