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Is the Canadian Dollar expected to drop further in the next seven days?

  • Last Updated:
  • Mar 1st, 2018 1:35 am
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[OP]
Jr. Member
Aug 27, 2017
165 posts
119 upvotes

Is the Canadian Dollar expected to drop further in the next seven days?

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Last edited by ceptionin on Nov 20th, 2021 10:37 pm, edited 1 time in total.
Fido $50/mo 12GB x 24mo − $10/mo credit x 15mo
5 replies
Deal Addict
User avatar
Mar 16, 2010
3325 posts
1880 upvotes
It should be lower in the next week, unless it isn't.
Sr. Member
User avatar
Oct 16, 2002
819 posts
671 upvotes
Unless you need unusually large amounts of cash, you'd do better to use your credit card or withdraw at an ATM at the destination. On credit cards the commission would be 2.5%, on atm the same +depending on the plan fee for using foreign ATM. If you order cash , the commission starts at around 3% minimum at the banks.
Sr. Member
Aug 20, 2015
517 posts
307 upvotes
Toronto
I would just do it as soon as it's convenient to do so i.e. I'm not travelling out of my way to pick up the cash. Even if you "lose" 2%, how much is it really effecting your travels.
Deal Addict
Jul 3, 2017
3859 posts
2805 upvotes
Well apparently Gizmodo thinks it already has dropped by a factor of 1000:

"The Canadian government unveiled its 2018 budget on Tuesday, committing nearly $4 billion (or over $3 million USD) to a range of science programs over the next several years."
https://gizmodo.com/canadian-budget-ple ... 1823405476

The story has been up all day on their web site, and apparently no American readers noticed anything wrong. :)

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