For auction items, even though the starting bid is shown in Cdn $, all bids are in US$.
Edit to add: .....if the seller lists the auction item in USD.
Conversion fees: Yes, USD bank accounts, USD Visa or UDS holdings in a Paypal accounts are a viable option when travelling to the U.S. but that doesn't mean conversion rates can be avoided when the funds are initially exchanged to US because that is not so. The US buy rate in Cdn funds is always higher than the US sell to Cdn rate, even on the same day.
What that means is when the Cdn seller converts the U.S. funds back to Cdn $, their settling rate then is far lower than the buying rate their customer paid. Obviously that loss has to get written into a higher listing price.
http://www.tdcommercialbanking.com/fx/rates/
Edited by wildflowerAB
08/31/2015 10:14 am
08/31/2015 10:14 am



















