GREEDA word or two on travel through Canada.
Get used to an unfair exchange rate, unfair and inconsistent.
Some will exchange dollar for dollar on American but many
have their own formula not based an actual and very public
exchange rates. The American dollar as of this week is stronger
than the Canadian by about 5 cents but many along the Alaska highway
seem to think it is opposite of that. Then they say that their banks levies
a fee for exchanging American to Canadian-a fee that they claim wipes out
any difference and they are only too happy to pass along.
Consider that they signed the NAFTA and you wonder why the
hassle of exchange rates at all but you can't argue with clerks who have
no clue.
4 comments:
A word about duty free shopping-they will fee you to trade American to Canadian and fee you again to trade Canadian to American.
One way to nip the greed in the butt is to exchange before or as you enter Canada then pay in Canadian along the way rather than in American. But beware the closer to Ak you get you need to spend down that Canadian because exhanging back gets costly. Credit cards are another way to thwart the system.
Well, thank you for the timely tips ~ if ever traveling through Canada I will heed your warning.
They're almost as greedy as American industries!!
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