A brief Guide on USD to CAD Conversion
Discussions regarding USD to CAD conversions are twirling wild on the internet. Currency exchange isn’t really a cakewalk for everyone, and if you are one of them, USD to CAD conversions or vice versa is going to be a roller coaster ride for you. Both the economic and political climates on either side of the border have an impact on the USD/CAD exchange rate. We'll examine issues that frequently have an effect on each nation below. But first, history! Over the previous ten years, the values of the two currencies have been very similar. It's interesting to note that during this time they have alternated between which currency has been the stronger. However, the only time the Canadian dollar was truly worth more than the US dollar was between 2011 and 2012 (when the USD/CAD exchange rate briefly fell below 1.00). The Canadian dollar was rising against the US dollar from late 2008, when the full effects of the 2008 financial crisis were beginning to affect the US, through ...