Thread: Party USD-CAN exchange rate is fixed?
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Old 08-02-2007, 03:40 PM
pyedog pyedog is offline
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Join Date: Feb 2005
Location: Waterloo, ON
Posts: 710
Default Re: Party USD-CAN exchange rate is fixed?
I don't understand how this is an improvement. Are you saying that they're taking 2.7% off the exchange rate as profit in each direction?

So you deposit $100 CAD and they only give you $92 USD instead of the $94.70 that XE.com shows? Or are you talking about cashouts and they're actually giving you the inverse of 1/0.92 = 1.087 for a big increase in the actual exchange rate to your advantage?
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