Best money exchange centre

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ftfl
Member since: Jul 06

Posts: 2335
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Post ID: #PID

Posted on: 30-03-09 15:27:45

Today the current market rate is about 1.32 cents for each US Dollar. Yet we see absurd exchange rates.

Here is one such quote. This one is off by eight cents.

XE is off by thirteen cents.

Interactive brokers by TWO cents.

Wake up guys. Don't get fleeced. Just spend the same if you get twentyfive cents on the dollar.

Monday, March 30, 2009

1 US Dollar = 1.24227 Canadian Dollar
1 Canadian Dollar (CAD) = 0.80498 US Dollar (USD)

Median price = 1.24127 / 1.24227 (bid/ask)
Minimum price = 1.23778 / 1.23878
Maximum price = 1.24143 / 1.24243

FXTrade: Online Currency Trading with OANDA FXTrade.

FXConverter - Currency Converter for 164 Currencies164 Currency Converter © 1997-2009 by OANDA.com.

NM
Member since: Jan 09

Posts: 180
Location:
Post ID: #PID

Posted on: 30-03-09 16:13:44

Hi ftfl,

Can you explain how one can trade currencies on line?

Thanks.

vikshr
Member since: Aug 07

Posts: 157
Location:
Post ID: #PID

Posted on: 30-03-09 16:15:42

Quote:
Originally posted by ftfl

Today the current market rate is about 1.32 cents for each US Dollar. Yet we see absurd exchange rates.

Can we also know, who is offering 1.32 cents today ?
I have seen USD picking up today and reaching as high as 1.2635, but not more than that.... would appreciate you sharing his contact info with us...

Thanks

-----------------------------------------------------------------
Vik

ftfl
Member since: Jul 06

Posts: 2335
Location:
Post ID: #PID

Posted on: 30-03-09 18:24:51

Quote:
Originally posted by vikshr

Quote:
Originally posted by ftfl

Today the current market rate is about 1.32 cents for each US Dollar. Yet we see absurd exchange rates.

Can we also know, who is offering 1.32 cents today ?
I have seen USD picking up today and reaching as high as 1.2635, but not more than that.... would appreciate you sharing his contact info with us...

Thanks

-----------------------------------------------------------------------------------------------

I was trading Euro-Usd and the chart that I referred was @ 1.32. It was an error on my part. Thanks for bringing it to my attention. Yes you were right it did reach a high of 1.2635 Canadian.

I will let it stand I will not correct it.

My humble apologies to the group.

Freddie.

ftfl
Member since: Jul 06

Posts: 2335
Location:
Post ID: #PID

Posted on: 30-03-09 18:58:18

Quote:
Originally posted by NM

Hi ftfl,

Can you explain how one can trade currencies on line?

Thanks.

____________________________________________

See your Personal Message Box.

Freddie.

vikshr
Member since: Aug 07

Posts: 157
Location:
Post ID: #PID

Posted on: 31-03-09 08:48:39

Quote:
Originally posted by ftfl

Quote:
Originally posted by vikshr

Quote:
Originally posted by ftfl

I was trading Euro-Usd and the chart that I referred was @ 1.32. It was an error on my part. Thanks for bringing it to my attention. Yes you were right it did reach a high of 1.2635 Canadian.

Freddie.

Not a problem Freddie .... I figured you must be talking about EUR/USD..

-----------------------------------------------------------------
Vik

G13
Member since: Jul 06

Posts: 602
Location: Amidst a glow in the sky.
Post ID: #PID

Posted on: 30-09-11 13:58:27

Feedback:

I used XEtrade to convert my funds from USD to CAD (both accounts in Canadian Banks). Excellent service, no charges, best rate in the market. All online / over the phone. Debit / EFT methods used to transfer. You can also leave standing instructions to convert only when a specific exchange rate is acheived.

Thank you Pramod ji for recommending this. I saw this thread after doing the conversion, so thanks GG.

Please note that my experience is based on a one time currency conversion and not regular trading.

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__________________________________
George Malley: Hey, would you, uh, love me the rest of my life?
Lace Pennamin: No. I'm gonna love you for the rest of mine.
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None of us knows God until someone introduces us - Life of Pi

Contributors: NM(4) ftfl(3) vikshr(2) Canada_Ka_Bhikari(2) coolvip(2) Garvo Gujarati(1) G13(1) HelenWHillman(1) desi-friend(1)

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