“Bienvenue à Montreal!”
That’s my welcome message as my American friends come to visit me in droves because the American dollar is currently stronger than the Canadian.
What does that mean?
If an American exchanges 1 USD for CAD, they receive 1.1 CAD!
Yep, more bang for their buck.
Hope to see you all in Canada soon!
(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)