Canada and the United States share the longest border between the two countries. In addition, about 90 percent of Canada's population live in a hundred miles of the U.S. border, according to the Encyclopedia of Nations. Despite the proximity of many Canadians and Americans, both countries have a number of differences in everyday life. Although Canadian and U.S. dollars are often within a few cents of each other in value, they are the currency entirely different.
directive
- Determine the current exchange rate between the Canadian and U.S. currencies. From October 12, 2010, for example, the Canadian dollar equal to 0.98804 U.S. dollars. This rate varies frequently and significantly, however, the Canadian dollar was worth up to 1.07561 U.S. dollars in February 2010. Make sure you have the best conversion information up-to-date accurate. Various websites offering information and currency converter.
- Enter the number of Canadian dollars you would like to convert U.S. dollars into your calculator. as an example, if you wish to convert 27 Canadian dollars to U.S. dollars, enter 27 into your calculator.
- Multiply that number by the current exchange rate. For example, October 12, 2010, when the exchange rate is 0.98804 Canadian dollars per U.S. dollar, you would be 27 times for a total of 0.98804 26.67708 which increases the supply for $ 26.68. This is the number of U.S. dollars in 27 Canadian dollars. If you have performed the same calculations in February 2010, when the Canadian dollar was the highest in a month, you will be 27 times for a total of 1.07561 29.04147, which has increased the offer to $ 29.04.