How much does one US dollar cost to purchase in Canadian money now? $0.94322 If you were coming from the US, and buying out dollars, you’d trade in $1.06020 in yankee greenbacks for each golden loonie coin. The best thing about working on US contracts back in the last decade was the surprise at the bank… a 50% bonus that you came to rely on. An exchange rate favourable to traveling Canadians was enough to make me cringe, knowing that I would realize a couple hundred dollars less than normal.

Now, I’m looking at numbers that are pretty much on par for the first time in my adult life, where making purchases in US dollars is a good deal. In the early 1970s, there was a period when the Canadian dollar was worth more than $1US, and it might be interesting to see that happen again. Though, I’m wondering if it isn’t time to consider listing internet sales in Canadian dollars exclusively; let the variance fall on the US buyer’s end of the transaction.

I used June 8 for all but 1996 and 1997 where that date fell on a weekend; in those cases I used the previous business day.

“On world markets, the Canadian dollar historically tended to move in tandem with the U.S. dollar, but less dramatically. A consequence is that at times an apparently rising Canadian dollar is often falling against most of the world’s currencies, and vice-versa. However, during the relatively sharp rise of the Canadian dollar since 2002, it has “parted way” with the U.S. dollar and has gained value against it, while also rising against other major international currencies” — Wikipedia