Do most stores in vancouver accept u.s. dollars – vancouver forum – tripadvisor electricity origin

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BTW, this is a frequent enough topic across the CANADA TRAVEL FORUMS… so don’t feel bad, you aren’t the first one to ask. And there are countless stories about Travellers who realized their “convenience” of using US Currency was actually them getting ripped off by non-regulated Exchange Rates offered by Merchants (sadly oftentimes after the fact when then posted here to warn others).

The Official Currency of Canada is Canadian Dollars… they are easy to get and easy to use (Plastic is the method of choice… be that Credit Cards for large purchases, and whatever you put into an AMT for Cash… these are where you’ll experience the least amount of issues with Currency Exchange Fees etc… as Banking Organizations such as Visa grade 6 electricity unit ontario buy Foreign Currency in bulk… so much better rates than can be gotten any other way). Exchange Fees go on in the background, and are very reasonable, they’ll be on your Statements when you return home.

Some merchants will indeed take American Dollars electricity transformer health risks but at YOUR LOSS (anywhere from 5 to 25% ABOVE Fair Exchange). As previously stated, as the ONLY Official Currency in Canada is the Canadian Dollar every thing else when it comes to rates is “as determined” by those willing to “trade” for it. So if merchants do take US Dollars, they themselves cannot spend them… they have to Convert them… they pass that inconvenience along to you in fees (NOTE Currency Exchange by Merchants is NOT Regulated… ONLY Banks are… so you will ultimately get ripped off).

So although you may see a sign at one merchants that says TODAY’s US EXCHANGE RATE (and a posted rate) it is not regulated… a similar sign may appear at another merchant just next door with an entirely different rate posted. Most US Visitors don’t catch on to this aspect right away… and by then they’ve already spent a good lot of US Currency.

Traveller A – Stopped at a self-serve to fill up his car with gas… the Traveller’s bill came to $ 38.50 and when he went to pay he was told he owed $ 41.00 if paying in US Dollars. As at the time, because electricity transmission loss the US Dollar was worth $ 1.04 CDN he was confused as to why he had to pay MORE than the price on the pumps. The Gas Station Attendant said it was because he had “more work to do” to exchange the US Money.

Traveller B – Took a Taxi, and at the end of the ride the Meter came to $ 20 CDN, the Passenger told he Driver he only had US Currency… the Driver said then the fee would be $ 25 US… and he didn’t take Plastic… ONLY CASH. The Passenger was frustrated by the mark-up, but thought what’s $ 5 he’d just think of it as “the tip”. It wasn’t until he was actually out of the cab that he realized that he’d infact been charged MORE THAN 25% Exchange for the convenience of using US Money… when infact that day the US Money was actually worth more than the Canadian Currency.

This is why we tell Travellers… Change to Canadian Currency (either by using gas numbers stove temperature a Credit Card or an ATM) and you won’t run the risk of getting ripped off !! Sure in addition to Exchange (Plus or Minus) you’ll also be subjected to some Conversion Fees (this is how the Financial Institutions make money on Currency Exchange) but even at the going rate of 2 or 3% the Traveller would in most cases be in a GAIN Situation vs leaving it up to each Merchant on a willy-nilly basis. Canadian Merchants typically make the “convenience” mark-up in the 5 to 25% range.

BTW, this is a frequent enough topic across the CANADA TRAVEL FORUMS… so don’t feel bad, you aren’t the first z gas cd juarez one to ask. And there are countless stories about Travellers who realized their “convenience” of using US Currency was actually them getting ripped off by non-regulated Exchange Rates offered by Merchants (sadly oftentimes after the fact when then posted here to warn others).

The Official Currency of Canada is Canadian Dollars… they are easy to get and easy to use (Plastic is the method of choice… be that Credit Cards for large purchases, and whatever you put into an AMT for Cash… these are where you’ll experience the least amount of issues with Currency Exchange Fees etc… as Banking Organizations such as Visa buy Foreign Currency in bulk… so much better rates than can be gotten any other way). Exchange Fees go on in the background, and are very reasonable, they’ll be on your Statements when you return home.

Some merchants will indeed take American Dollars but at YOUR LOSS (anywhere from 5 to 25% ABOVE Fair Exchange). As previously stated, as the ONLY Official Currency in Canada is the Canadian Dollar every thing else when it comes to rates is “as determined” by those willing to “trade” for it. So if merchants do take US Dollars, they themselves cannot spend them… they have to Convert them… they pass that inconvenience along to you in fees (NOTE Currency Exchange by Merchants is NOT Regulated… ONLY Banks are… so you will ultimately get ripped off).

So although you may see a sign at one merchants that says TODAY’s US EXCHANGE RATE (and a posted rate) it is not regulated… a similar sign e payment electricity bill bangalore may appear at another merchant just next door with an entirely different rate posted. Most US Visitors don’t catch on to this aspect right away… and by then they’ve already spent a good lot of US Currency.

Traveller A – Stopped at a self-serve to fill up his car with gas… the Traveller’s bill came to $ 38.50 and when he went to pay he was told he owed $ 41.00 if paying in US Dollars. As at the time, because the US Dollar was worth $ 1.04 CDN he was confused as to why he had to pay MORE than the f gas regulations price on the pumps. The Gas Station Attendant said it was because he had “more work to do” to exchange the US Money.

Traveller B – Took a Taxi, and at the end of the ride the Meter came to $ 20 CDN, the Passenger told he Driver he only had US Currency… the Driver said then the fee would be $ 25 US… and he didn’t take Plastic… ONLY CASH. The Passenger was frustrated by the mark-up, but thought what’s $ 5 he’d just think of it as “the tip”. It wasn’t until he was actually out of the cab that he realized that he’d infact been charged MORE THAN 25% Exchange for the convenience of using US Money… when infact that day the US Money was actually worth more than the Canadian Currency.

This is why we tell Travellers… Change to Canadian Currency (either by using a Credit Card or an ATM) and you won’t run the risk of getting ripped off !! Sure in addition to Exchange (Plus or Minus) you’ll also be subjected to some Conversion Fees (this is how the Financial Institutions make money on Currency Exchange) but even at the going rate of 2 or 3% the Traveller would in most cases be in a GAIN Situation vs leaving it up to each Merchant on a willy-nilly basis. Canadian Merchants typically make gas constant mmhg the “convenience” mark-up in the 5 to 25% range.