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submitted 10 hours ago* (last edited 10 hours ago) by SilentStriker@piefed.social to c/canada@lemmy.ca

It's weaker than let's say Pound Sterling or the Euro for example. But, does a weak CAD affect international travel towards Canadian travelers? Since they'll be paying more whilst abroad requiring CAD in higher amounts to exchange for larger sums of cash (like if 1000€ = C$1617 that alone is a steep hike while C$1000 = 618€ see the difference?). Also, when you travel: do you bring CAD or exchange for USD first prior due to that having a better exchange rare?

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[-] troyunrau@lemmy.ca 16 points 10 hours ago

Exchange rates vary. Cost of living varies. Purchasing power parity varies. Travel one year, and it's cheap, and the next it's expensive. Pick destinations accordingly.

(I recommend Chile).

this post was submitted on 11 Apr 2026
19 points (95.2% liked)

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