As access to Canada improves, the question of the exchange rate comes up again. It’s been a bit strange with Canada cut off by Covid-inspired regulations, and the return to normalcy seems a good thing.
So, not knowing the exchange rate, I clicked on https://themoneyconverter.com/ . As I looked at the chart relating the Canadian dollar to the US dollar, I realized there’s some good charts on this website to show how every currency is doing, relative to the Yankee dollar.
I learned that the Canadian dollar is worth 0.724 US – so we’re looking at a favorable exchange rate at the Duty Free store across the line. It will be good to return . . . whether for bargains or just for the pleasure of visiting some pleasant neighbors. Beyond that though, are the charts that are available online:
I thought our inflation was bad – but it looks like our Canadian neighbors are getting it worse. So I checked for what’s happening with the Euro:
I’m not sure who is in charge of the Euro – but I don’t want to have the Euro as my reserve currency. As I look at the next chart, I suspect our nation’s financial managers are as crazy as an ayatollah – Somehow, the Iranian Rial stays dead steady against the US dollar. I don’t usually believe in coincidence, so this is a great chart to build a conspiracy theory.
The Russian Rouble doesn’t seem to correlate with anything”
Click the link, and see which currencies seem to be doing the best in these inflationary times.
Trego's Mountain Ear 