2 replies to this topic

[Boggart]

Okay so I was going to make this my status thing, but it became too long

Basically, I have X dollars in my paypal in USD, but since I Live in Canada, obviously I'd need to convert it to CAD (Canadian).

Right now the Canadian dollar is actually higher than the United States Dollar (I know right?!) so my question is: will the money in my paypal go up and down with the USD, or is it set in stone how much my USD will be worth?

And: how long do people think I should wait assuming that it does up and down along with the actual dollar. I remember when USD = 1.3 CAD.

[Turtleboy]

I think when you buy something it'll just convert.
So, if you're buying something in USD - there's no conversion to be done but if you buy something in CAD, then there will be a conversion.

If your paypal is linked to your bank account and you think that maybe the USD/CAD ratio will drop (so the CAD will be worth less then it is now measured against the USD) then you can always have the money transferred to your bank account.

I know some people have their paypal linked to their CCs, and in that case I have no idea how that's going to work out for you.

[Boggart]

Yeah I have it attached to my bank accoutn (well I will soon) but I have X dollars USD and Y in CAD once convereted and X < Y

I guess I'll wait a bit till the USD gets a bit stronger. HOpefully soon >_<