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submitted 22 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 rate?

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[-] Rentlar@lemmy.ca 1 points 18 hours ago

I almost always convert cash before I go, from CAD. VBCE has a decent rate even on low amounts of like 150 CAD. If your local exchange will match "any Canadian currency exchange" then check these rates and ask to match. If I didn't bring enough, then I do a little research for no or low fee ATMs then cough up whatever it is.

If you convert from CAD to USD then EUR, you will pay forex fees twice unless you have some special card or US$ account. If you travel a lot, then a forex fee free credit card should be something you consider, unless your points or cashback program is worth more than 2.5%.

this post was submitted on 11 Apr 2026
23 points (89.7% liked)

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