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Is the Canadian Dollar worth more or less than U.S. Dollar?
For instance $5 U.S. is worth how much in Canada
3 Answers
- Gary DLv 71 decade agoFavorite Answer
The US Dollar gets you more Canadian Dollars than the face value of the US Dollar.
Right now, $5 US is equal to $6.33 Canadian.
$1 US = $1.27 Canadaian.
Source(s): This is a good International rates conversion site: http://www.xe.com/ucc/convert.cgi - 1 decade ago
Right now, it's worth more, but that varies. One year ago, the CAD was higher than the USD.
Currencies trade internationally, I use www.oanda.com.
The reasons WHY a country's currency rises or falls is a murky business. For instance, while the US economy has fallen completely off the rails, Canada's continues to chunk along (albeit slower than a few months back). Yet the 'value' of our dollar has dropped, which is completely counter intuitive. It's not about actual economic fundamentals, it's about speculators.
- Anonymous1 decade ago
Less. I wish the worlds currency traded in goat futures
