Cambio Rate

[Fitzy]

Good Monday! Does anyone know the current exchange rate for Canadian $ to JA $?

[Rob]

Today is between 89 - 90 to 1...

[Fitzy]

Thanks Rob. Enjoy your Day!

[mamade11]

Today is between 89 - 90 to 1...

Rob - do you happen to know the exchange to US? debating on getting it before we leave unless it's much better there.

Thanks!

[justin_a_lyesse]

Fitzy, the official rate is 99 JMD per Canadian dollar. My experience has been that if you go to ScotiaBank ATM, you will get about 3% less than official rate, so you'll get about 96 J per CAD$$

[JAHtonyMTL]

mamade, i retrieved 300USD from an RBC in Canada billed at 409$ CAD = 1.363333 conversion rate last week (22 jan).

I find if you can get 90 + JMD$ or more per 1CAD$ it is worth it to just convert straight there, and then I base my whole weeks negotications and dealings on an almost 1CAD - 100JMD rate for easy and quick mental calculations.

[Rob]

Rob - do you happen to know the exchange to US? debating on getting it before we leave unless it's much better there.

Thanks!

The Cambio exchange rate was 120 to 121 to 1 today...

[justin_a_lyesse]

The Cambio exchange rate was 120 to 121 to 1 today...

Wow, that's like over 9% cut. Official rate is 131J per dollar. That's pretty steep.

[Rob]

That is the inter-bank rate.

The exchange rate is fluctuating now, banks and cambios are not big on speculation. And today's rate at NCB was 117.5, much less than the cambio be rates.

It is what it is...

[mamade11]

That is the inter-bank rate.

The exchange rate is fluctuating now, banks and cambios are not big on speculation. And today's rate at NCB was 117.5, much less than the cambio be rates.

It is what it is...

Thank you!