28-year old record
I remember being surprised one day when i was young, i was at the bank with my mom, and there was a chart on the wall that pitted the Canadian dollar agains the US dollar, and at one point in the mid-70s, our dollar was actually worth more than theirs. It shocked me, as I was always used to paying more for USD when we went to the states for holidays and shopping.
But now, (via yahoo):
"The Canadian currency pushed past C$1.1193 to the U.S. dollar, or 89.34 U.S. cents, to its highest point since June 1978. It has risen more than 40 percent against the greenback in just under four years."
I guess Nov '76 was the last time they were equal.
So, here's the golden question: Do you think the Canadian dollar will once again top the US dollar? If so, when do you think this will happen?
I will give one loonie and one greenback to the person whose guess is closest....time will tell, but you can hold me to this.
But now, (via yahoo):
"The Canadian currency pushed past C$1.1193 to the U.S. dollar, or 89.34 U.S. cents, to its highest point since June 1978. It has risen more than 40 percent against the greenback in just under four years."
I guess Nov '76 was the last time they were equal.
So, here's the golden question: Do you think the Canadian dollar will once again top the US dollar? If so, when do you think this will happen?
I will give one loonie and one greenback to the person whose guess is closest....time will tell, but you can hold me to this.
