We spiked momentarily at  1.0012 US this morning.

We're hovering at .9978 US

http://finance.yahoo.com/q?s=CADUSD=X

Who else is old enough to remember that ?

( Hint :  We were last at par in 1976 , right before Rene Levesque and the PQ took office in Quebec  )

I sympathize with anyone in the export industry,
but for pin collectors , this is happy day....

Steph

Sweet!

Time to by my US money for my trip to PAPA!!

Watchout, Ebay and Paypal have crappier rates

Make sure you check this out before starting your buying frenzy on Ebay ! The total WONT be on par...

Quoted from Vengeance

Sweet!

Time to by my US money for my trip to PAPA!!

Wait....

Most "forecasters" predict the CDN dollar will go to $1.05 before X-mas !

My, my, my....


Steph

Yea but PAPA is in Oct, I'll be happy to just be paying 1:1 for everything while I'm there.  

Quoted from Azatotht

Watchout, Ebay and Paypal have crappier rates   

Indeed, Paypal takes a 3%-5% premium on currency exchanges.
(... credit cards are almost as bad though...)

I really should start listing my Hobbyroms prices on-line in CDN $    
(.. that way, US buyers take the conversion hit, not me... )

This changes everything !  

Steph

Yea buying the machines out of the states would be the better bargin.

Buying books, cards, anything where the US dollar is the lower amount is cheaper.  I mean you go to Hallmark they stil have the price listed on the back of the card as like $2.30 US and $5.00 CAD, start paying for everything in USD and save yourself a ton o cash.  

Hell even NIB Pin prices are way better out of the states now.

Quoted from Vengeance

Yea buying the machines out of the states would be the better bargin.

Buying books, cards, anything where the US dollar is the lower amount is cheaper.  I mean you go to Hallmark they stil have the price listed on the back of the card as like $2.30 US and $5.00 CAD, start paying for everything in USD and save yourself a ton o cash.  

Wish we could unfortunately all they would do is convert your US to Cdn at par and then charge you the higher rate.. I just saw us go through par on the trading floor right now .. not sure where Yahoo was receiving its data from but at 11:00am or so we were definitely thru par on the North American markets.

If the dollar will sustain this momentum.  I would really like to see prices adjusted for goods imported into Canada.  As some have noted things like greeting cards and books show a disparity in labeled prices.  However I think retail will just ignore this and take advantage as much as the market will bear.

my on par 2 cents

Quoted from Steph

I sympathize with anyone in the export industry,
but for pin collectors , this is happy day....

This is a most happy day but not as pin collector (especially for collectors that amassed their collection pre 2002).. it means i've lost 40%.. now i'll have to wait another 10-20 years to recoup.

Quoted from Meat Popsicle

If the dollar will sustain this momentum.  I would really like to see prices adjusted for goods imported into Canada.  As some have noted things like greeting cards and books show a disparity in labeled prices.  However I think retail will just ignore this and take advantage as much as the market will bear.

my on par 2 cents

Generally the market is saying 18-24 months before any major price adjustments (of course there will be some businesses/industries that will move quicker) also in the case of some industries (magazines/books perhaps greeting cards .. there are still number of tariffs and such that increase the price) .. the funny thing is now that we are at par the retail industry as a whole is quoting the large number of fix costs that they have in Cdn $ ..