Author Topic: USPS to Canada shipping... (Read 6152 times)

Red01 · « **Reply #30 on:** September 24, 2007, 12:49:12 PM »

Update on the exchange rate... it's pretty much US$1= CDN$1 now.

US$1 = CDN$1.00176
CDN$1 = US$0.998243

It doesn't get much closer than that! Give it a day or to, and it just may be the other way around.

stormi · « **Reply #31 on:** September 24, 2007, 01:03:58 PM »

The first time I went to the states it was the other way around. That was in '85? That was pretty exciting for a 10 yr old, to make money just for crossing the border. Disneyland was more affordable all of the sudden.

I hear the dollar was "par" last week, and thought, hey!! We're only going to be a couple of hours from the border... then I couldn't think of anything that I wanted.

I've heard that this is because the US dollar is weak right now, not because the Canadian dollar is strong,... opinions?

Bartjan · « **Reply #32 on:** September 24, 2007, 03:42:07 PM »

Quote from: "stormi"

I've heard that this is because the US dollar is weak right now, not because the Canadian dollar is strong,... opinions?

True. has nothing to do with the Canadian dollar.
When the Euro was introduced it was worth a littlebit less then the US dollar.
now 1 Euro = 1.41 US dollar
or 1 US dollar = 0.71 Euro

pmackie · « **Reply #33 on:** September 24, 2007, 03:53:22 PM »

Quote

I've heard that this is because the US dollar is weak right now, not because the Canadian dollar is strong,... opinions?

If I understand correctly, it is both. US$ are weak due to trade deficit, high debt load (country and personal) and recently, the sub-prime mortgage issues.

Canadian$ has benefitted primarily from the increase in Oil Prices (as a net exporter), high commodity prices for minerals, etc, high interest rates vs US, etc., making Can$ more attractive internationally.

In my opinion, this opens up a short term (3+ months) opportunity for Canadians to purchase from US retailers. For eg. - a buddy of mine got quoted $7400 for a new Bandit 1250(non ABS) in Montana, vs best price of $8900 in Canada. Other than warrantee issues, it's not that expensive to import a bike (or so I'm told).

I would expect US Suzuki will have to increase 2008 prices, due to Yen/Dollar exchange, and Can Suzuki will have to drop 2008 prices. Right now, 2007 inventory was brought into both countries when the US$ was stronger and the Can$ weaker.