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JohnnyFiftyCoats t1_ja8bcms wrote

It's almost like they have different currencies

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NxPat t1_jac1wqs wrote

That doesn’t make sense though, they’re right next to each other.

−1

TacticalThunder144 OP t1_ja8i832 wrote

Not a dollar difference I don't think

−41

bigCatLovr t1_ja8kyvc wrote

3 USD equals 4 CAD

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tangcameo t1_ja8uot7 wrote

Just paid 419 🇨🇦 for 300 🇺🇸 💵 for my vacation.

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TacticalThunder144 OP t1_ja8lu7u wrote

Oh that's interesting

I could've sworn only a couple years ago the difference was negligible, but I may be dumb

Edit: that was in 2012 and I am old

−6

bigCatLovr t1_ja8m9rn wrote

Well 1 usd is about 1.36 cad which seems negligible to me but i do not use either in my day to day life

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TacticalThunder144 OP t1_ja8mlpa wrote

Well it's negligible in dollar amounts, but if you had more than a couple dollars, the amount becomes significant

You could reasonably use an American quarter to pay in canada, but you couldn't use a 10 (putting aside other differences)

−7

bigCatLovr t1_ja8ncgs wrote

Just out of curiosity, what can you buy with 25 cents in America? ( That's what I think a quarter is)

For comparison, in Romania you could buy a bread with that amount a few years ago but now there's very few things left that can be bought with that.

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TacticalThunder144 OP t1_ja8qk9q wrote

I could buy a single piece of candy, but that's been like that for a very long time

Unprocessed bread is 1$ for over 100 years I believe, but now in the last few years since 2020 it's increased to $1.50

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vinsin22 t1_ja8mo1t wrote

Shipping costs and tariffs may play a role as well in the final cost.

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TacticalThunder144 OP t1_ja8mwcm wrote

This could be, although canada is close to where I live (michigan) and I believe the USA and canada have pretty good relations so I'm not sure if they have tariffs? I'm not sure

0

vinsin22 t1_ja8oorp wrote

Not sure to be honest. Rates change dependent on material used in production. Also worthwhile to note that these cards may not be manufactured in either Canada or America. Price is effected by demand as well, so if these cards sell better in the US then they're getting better bulk rates on shipping too. There's a lot more that goes into it, but you get the gist.

Economics is fun to learn about, but dang can it get complicated.

1

tangcameo t1_ja8v0eb wrote

Around 2007-2011 it had pulled up even. At some point the 🇨🇦 was worth more than the 🇺🇸. I had two vacations during that time where I had real spending power.

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