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August 3, 2007
0.946074!?!?!
Until today I had been unaware that the Canadian Dollar had passed parity with the US Dollar. The Canadian Dollar is now at 0.946074 US Dollars. Maybe I'll have to take back those peso jokes I made a few years back.UPDATE 20070804 OK, this post was completely wrong. Someone had told me that the CAD had passed USD and then I somehow misread the results from the exchange site. Still, we're getting scarily close.
Posted by ekr at August 3, 2007 8:47 PM | Filed under: Misc
Comments
The Canadian Dollar hasn't (yet) passed parity. One U.S. Dollar gets you 1.05 Canadian Dollars (having fallen from about 1.6 in 2003).
http://finance.yahoo.com/currency/convert?from=USD&to=CAD&amt=1&t=5y
Posted by: Richard Parker at August 4, 2007 12:00 AM
It's possible that the rate and fee used by some credit card or bank already did pass parity. For example, paying a C$10 bill with an American card could cost US$10.20 after a 2% + 50ยข fee.
Posted by: Dom at August 4, 2007 9:25 AM