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-   -   Holy shit - Canadian dollar down to $0.86 v USD and dropping (https://gfy.com/showthread.php?t=1156912)

JFK 12-16-2014 02:33 PM

Fitty Happy Days :2 cents::thumbsup:thumbsup

Freedom6995 01-04-2015 08:38 PM

84.5 life is good :)

incredibleworkethic 01-05-2015 12:34 AM

Canadian dollar always fluctuates.

Hoping to see it hit .70 USD, but no less, and not for a long stretch.

2MuchMark 01-05-2015 12:55 AM

Quote:

Originally Posted by incredibleworkethic (Post 20347135)
Canadian dollar always fluctuates.

Hoping to see it hit .70 USD, but no less, and not for a long stretch.


Me too..... !

incredibleworkethic 01-05-2015 12:56 AM

What's your prediction?

Freedom6995 01-20-2015 10:42 AM

82.64 this am...do I hear .80?

rabbit 01-20-2015 12:03 PM

like i said earlier in this thread, all that's missing is a hit to canadian real estate market which is coming... hopefully sooner than later. i think there's a good probability we'll see .65 in the next 2 years

PAR 01-20-2015 12:21 PM

Quote:

Originally Posted by PR_Glen (Post 20325443)
our dollar being on par with the US did us zero good from what I could tell. we've had bigger booms with lower dollars before.

Expenses in CDN revenue in USD
So I really like it when the CDN drops down..

Wish it would sub 70 like in the late 90's/early 2000...

2MuchMark 01-20-2015 03:25 PM

Quote:

Originally Posted by Freedom6995 (Post 20364576)
82.64 this am...do I hear .80?

Maybe...!!

Just checked xe.com and as of 5:25pm EST, the rate is 1 CAD = 0.825685 USD.

2MuchMark 01-20-2015 03:27 PM

Quote:

Originally Posted by rabbit (Post 20364639)
like i said earlier in this thread, all that's missing is a hit to canadian real estate market which is coming... hopefully sooner than later. i think there's a good probability we'll see .65 in the next 2 years

It is definitely coming. Alberta's housing market is taking a real dive already. Tiny little houses were selling for $800,000 but are now dropping fast because the oil companies may lay people off, home owners are getting nervous and trying to sell their over-valued homes.

Freedom6995 01-20-2015 05:33 PM

Quote:

Originally Posted by RebelR (Post 20325458)
Economists say it will bottom out around 85 cents. Oil and our housing market has kept it pretty insulated from the global economic downturn. Certainly better when converting USD to CAD

http://i.imgur.com/KKzSsVM.gif

They can sack those economists with my absolute blessing. :)

Jel 01-20-2015 06:03 PM

Quote:

Originally Posted by chronik (Post 20325476)
if you work online, you should be making money in USD and should be liking this

anyone that buys anything online is American, can't make shit from any other country... USD go way way up !! against CAD or any other currency. Make money in USD from US customers and live anywhere else on the planet = win

:thumbsup

Freedom6995 01-21-2015 08:05 PM

.80708 today :thumbsup

fappingJack 01-21-2015 08:34 PM

Poor Canadians :(

Freedom6995 01-21-2015 08:50 PM

Quote:

Originally Posted by fappingJack (Post 20366414)
Poor Canadians :(

Rich Canadians my friend. All my income is in USD and the vast majority of my expenses are in CDN. It's like getting a %20 raise. :thumbsup

Freedom6995 01-28-2015 02:28 PM

.79790 today :)

2MuchMark 01-28-2015 02:39 PM

Quote:

Originally Posted by fappingJack (Post 20366414)
Poor Canadians :(

Haha No, just the opposite. This is awesome.

SekobA 01-28-2015 02:41 PM

i like it this way

CDSmith 01-28-2015 03:11 PM

It's like 2007 all over again.

Let me know when it gets to be 1999-2002-like. When the USD was in the $1.55 CAD range this was a very lucrative business for me.

These latest figures are refreshing though. A start, we're not there yet.

rabbit 01-28-2015 03:18 PM

It will go higher but id book some gains and exchange a good deal of usd between now and march. Thats when the fed meets again and they will change their stance and talk down USD

2MuchMark 01-28-2015 03:22 PM

It's also especially good because bank of canada just dropped its prime lending rate and other banks are expected to follow within days - this could make hundreds of dollars per month difference in our mortgage payments. S w e e t

celandina 01-29-2015 07:46 AM

79. something today.

Freedom6995 01-29-2015 01:57 PM

low:0.7894...

iwantchixx 01-29-2015 02:04 PM

Quote:

Originally Posted by ********** (Post 20325426)
Holy shit - Canadian dollar down to $0.86 v USD and dropping

Canadian dollar slumps below 86¢ amid oil bust - The Globe and Mail

.
.
.
.

It's quite painful buying anything in USD right now.... even worse if using paypal.

_Richard_ 01-30-2015 12:12 AM

Quote:

Originally Posted by RebelR (Post 20325458)
Economists say it will bottom out around 85 cents. Oil and our housing market has kept it pretty insulated from the global economic downturn. Certainly better when converting USD to CAD

http://i.imgur.com/KKzSsVM.gif

:thumbsup:thumbsup

incredibleworkethic 01-30-2015 05:08 AM

It's been great. My prediction a while ago was 1.30.

Freedom6995 01-30-2015 06:57 AM

0.782852 this am

just a punk 01-30-2015 07:06 AM

Some old graph, but it clearly shows the dependence:

http://i.investopedia.com/inv/articl...ityPrice1g.gif

Freedom6995 08-25-2015 05:34 AM

Quote:

Originally Posted by RebelR (Post 20325458)
Economists say it will bottom out around 85 cents. Oil and our housing market has kept it pretty insulated from the global economic downturn. Certainly better when converting USD to CAD

http://i.imgur.com/KKzSsVM.gif

Quote:

Originally Posted by Freedom6995 (Post 20325534)
.80 wouldn't surprise me...not that I'm complaining at .86 :)

Economists lol

BlackCrayon 08-25-2015 06:16 AM

lowest in 11 years!

j3rkules 08-25-2015 06:19 AM

The way to go.

2MuchMark 08-25-2015 09:24 AM

Oh. My. God...

1.00 USD = 1.33161 CAD
US Dollar ↔ Canadian Dollar
1 USD = 1.33161 CAD 1 CAD = 0.750969 USD

http://i.imgur.com/5Hxa7iV.gif

L-Pink 08-25-2015 09:59 AM

Quote:

Originally Posted by ********** (Post 20373656)
Haha No, just the opposite. This is awesome.


I would think the average Canadian would have a much different view.

sandman! 08-25-2015 10:05 AM

:(:(:(:(:(:(:(:(

CDSmith 08-25-2015 11:12 AM

Quote:

Originally Posted by L-Pink (Post 20560434)
I would think the average Canadian would have a much different view.

True.

Irrelevant, but true. :D

Perhaps they'll do less cross-border shopping. Meanwhile I continue to bring U.S. dollars into the country which are of course now worth more, thus I spend more into the local economy. However, sorry to piss on the rave but Canadians like myself aren't really all that further ahead because of this. Prices on just about everything have risen in the past year, moreso than in other years, because virtually every industry, business, and utility out there wants to recoup their losses, extra costs of doing US business, and the banks aren't helping by slapping their extra little fees everywhere and on every type of account imagineable. $5 a month "management" fee, $15 "wire transfer recieving fee", $100/yr "just cuz" fee, etc etc et-fucking-cetera.

But yeah, Prince is right to be dancing all over like a shell-shocked WWI vet. An extra $250-$300 CAD on every $1,000 USD = party party party time (except it really doesn't) (not really).

just a punk 08-25-2015 11:14 AM

Quote:

Originally Posted by ********** (Post 20325426)
Holy shit - Canadian dollar down to $0.86 v USD and dropping

Hint:

http://blogs.lse.ac.uk/europpblog/fi...rt20002015.jpg

:winkwink:

Freedom6995 09-24-2015 05:23 AM

Quote:

Originally Posted by L-Pink (Post 20560434)
I would think the average Canadian would have a much different view.

I'm a below average Canuck, and 0.747568 today is like getting a 30% raise. :)

LatinaCamChat 09-24-2015 05:45 AM

Quote:

Originally Posted by L-Pink (Post 20560434)
I would think the average Canadian would have a much different view.

What the hell does the average Canadian have to do with Canadian webmasters making their money in USD and spending their money in CAD?

Relic 09-24-2015 05:46 AM

Quote:

Originally Posted by L-Pink (Post 20560434)
I would think the average Canadian would have a much different view.

Much different

Best-In-BC 09-24-2015 06:57 AM

Quote:

Originally Posted by Kenny B! (Post 20325441)
Go USD GO!

Fuck Yeah, lol

Itchy 09-24-2015 08:29 AM

Time to cash in some usd :):)

2MuchMark 09-24-2015 12:39 PM

1.00 USD = 1.33206 CAD
US Dollar ↔ Canadian Dollar
1 USD = 1.33206 CAD 1 CAD = 0.750717 USD

Doiin' the happy dance... doin' the happy dance..

Freedom6995 09-30-2015 05:41 AM

Quote:

Originally Posted by ********** (Post 20588149)
1.00 USD = 1.33206 CAD
US Dollar ↔ Canadian Dollar
1 USD = 1.33206 CAD 1 CAD = 0.750717 USD

Doiin' the happy dance... doin' the happy dance..

It was a $1.34 yesterday. Do you have a need for paper towels?

RyuLion 09-30-2015 03:44 PM

Congratz to the winners!
http://www.hooverwebdesign.com/free-...ard-trophy.gif

rabbit 12-16-2015 09:22 AM

Quote:

Originally Posted by rabbit (Post 20364639)
like i said earlier in this thread, all that's missing is a hit to canadian real estate market which is coming... hopefully sooner than later. i think there's a good probability we'll see .65 in the next 2 years

i'll quote myself... just cause. we're almost there! if fed raises rates today, chances we hit it before year end. yay!

Kenny B! 12-16-2015 09:25 AM

Quote:

Originally Posted by rabbit (Post 20670571)
i'll quote myself... just cause. we're almost there! if fed raises rates today, chances we hit it before year end. yay!

Almost time to sell the US real estate and buy some up here :winkwink:

PAR 12-16-2015 10:20 AM

Not a bad thing for people living in Canada getting paid in USD.
As for a housing market correction.
I would not bet to much on it hitting Vancouver or Toronto hard.
As the dollar and price of oil drops, many will leave AB seeking work elsewhere so the demand for housing in places with less than a 2% vacancy rate may not become a reality. It may become one for areas with higher vacancy rates as the supply / demand pressure is not there to support the prices as the CND drops lower.

rabbit 12-16-2015 10:24 AM

Quote:

Originally Posted by PAR (Post 20670649)
Not a bad thing for people living in Canada getting paid in USD.
As for a housing market correction.
I would not bet to much on it hitting Vancouver or Toronto hard.
As the dollar and price of oil drops, many will leave AB seeking work elsewhere so the demand for housing in places with less than a 2% vacancy rate may not become a reality. It may become one for areas with higher vacancy rates as the supply / demand pressure is not there to support the prices as the CND drops lower.

i think you mistake leverage for demand. house prices are this high, not cause there's that much more demand. they are high because rates are low and people get qualified for insane mortgages with relatively low income. once economy turns for the worst, as it always does after a cycle ends, people will be squeezed and house prices will turn across the country.

rabbit 12-16-2015 10:25 AM

Quote:

Originally Posted by Kenny B! (Post 20670576)
Almost time to sell the US real estate and buy some up here :winkwink:

nah. even if USD corrects say 15%, you're looking at at least 20% if not bigger correction in canadian real estate prices.

Elli 12-16-2015 03:59 PM

I got 1.3541 today for my moneys. Not too shabby! Then I realized a $40 trip to the grocery store is nearly a $75 trip now. Hrm.


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