| Legend11 said: I'm wondering if I should convert my Canadian money into American, but with my luck the Canadian dollar would then rise to 1.20 or more U.S... |
HappySqurriel's advice seems very sound from an investment standpoint, but if you're looking at buying US dollars for consumer reasons, it's a pretty good idea. A car that costs $30k up here costs $20k down there, you just have to jump through a few hoops to make the purchase. Some prices will adjust to reflect the new exchange rate, but it will take a while, and some goods in Canada will probably always cost more than they ought to out of pure inertia.
Internet shopping is a good way to not get hosed. I hear you can buy things from Amazon in USD and they'll get shipped to you from a Canadian warehouse anyway.
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