stupid math question

[jfall]

If I depoisted a check in my Canadian bank account in the amount of $1,762.50 USD and ended up with $1,903.50 CDN, what was the exchange rate?

 

[Nohr]

You got $1.08 CDN per $1 USD.

 

[dighn]

Originally posted by: Nohr
You got $1.08 CDN per $1 USD.

that's low

 

[jfall]

Originally posted by: dighn

Originally posted by: Nohr
You got $1.08 CDN per $1 USD.

that's low

ugh, I know. I work from Canada for an American company.. I'm making less money than I was a year ago because of the damn exchange rate

 

[Nohr]

Current rate is 1.09851 according to XE.

 

[jfall]

Originally posted by: Nohr
Current rate is 1.09851 according to XE.

Ya, I was just trying to figure out what it was at the time the check was cashed

 

[BigJ]

In January you would've gotten 1.18 canadian dollars for every 1 USD deposited. Start gambling and waiting to deposit your checks

EDIT: Switched

 

[jfall]

Originally posted by: BigJ
In January you would've gotten 1.18 canadian dollars for every 1 USD deposited. Start gambling and waiting to deposit your checks

EDIT: Switched

lol, not with the way things have been going.. I'd probably lose more money that way. I should actually deposit all of it into a US funds bank account and then exchange it when the rate is high (if that day ever comes again).

A couple of years ago that check would have been worth over $2,700

 

[Zolty]

Right before we invaded iraq the exchange rate was awesome $1.50 CA = $1 US. I was in Toronto on spring break.

 

[tfinch2]

Originally posted by: jfall
If I depoisted a check in my Canadian bank account in the amount of $1,762.50 USD and ended up with $1,903.50 CDN, what was the exchange rate?

$1903.50 / $1762.50 = $1.08