2007-11-27 19:06:55 · 11 answers · asked by Anonymous in Politics & Government ➔ Politics
At the rate we are going, and the big loan taken out yesterday.......not long..................sad
2007-11-27 19:10:33 · answer #1 · answered by Anonymous · 4⤊ 0⤋
Wednesday, November 28, 2007
1 Canadian Dollar = 1.00916 US Dollar
1 US Dollar (USD) = 0.99092 Canadian Dollar (CAD)
The Canadian Dollar is higher than the US dollar because the ngative US balance of trade, Iraqui war, high oil prices, etc is causing investors to be wary of the US economy. They are investing less in the US dollar and US corporations; thus, pushing the value of the US dollar down. I do not think the Mexican peso will become par with the US dollar.
Wednesday, November 28, 2007
1 US Dollar = 11.00379 Mexican Peso
1 Mexican Peso (MXN) = 0.09088 US Dollar (USD)
2007-11-28 03:17:58 · answer #2 · answered by Comp-Elect 7 · 0⤊ 1⤋
A really long time.
I think the Peso is only worth a fraction of a cent.
Maybe a nickel, with the way the Dollar has been going.
2007-11-28 03:09:45 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Just because the currency of one nation gains against the currency of another nation, it does not necessarily follow that the currency of a third country will do so as well.
However, I think you know that, and you are simply expressing discontent with the way the USA is being governed.
2007-11-28 03:11:08 · answer #4 · answered by Pagan Dan 6 · 1⤊ 0⤋
Canada's currency only gained on the US dollar not surpassed it. The Mexican peso was all but worthless before it came on line & has steadily dropped in value ever sense. If the US dollar devalues too far, it will be removed from use & replaced with an all electronic currency. The digital form of currency will have a preset value so as to keep societal class structure in tact. Other problems arise out of this but is best not discussed at present.
2007-11-28 03:23:17 · answer #5 · answered by Anonymous · 0⤊ 6⤋
ha ha you're comparing canada with mexico, a first world country with a third world country, at least canada has resources. And it's loonie..
2007-11-28 03:13:52 · answer #6 · answered by zzz311 3 · 0⤊ 1⤋
Any time a Country is at war, the expenses are astronomical.
Things will settle down.
2007-11-29 04:49:35 · answer #7 · answered by Anonymous · 1⤊ 0⤋
not long if things continue, it takes 3.69 to buy one kuwaity dinar thats the price of gas and disel, coincidence or what? think about it. mexico has a good source of oil also.
2007-11-28 08:19:15 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Look at the facts, we buy almost nothing but the finished product from companies in the US--we are great at assembly--but we make almost nothing, and we pay illegals so they can send money to their home countries, and we pay over a third of UN cost. People that complain about the lack of jobs and the falling dollar need to look at what they are supporting.
2007-11-28 03:25:07 · answer #9 · answered by Enoch J 2 · 0⤊ 4⤋
One more Republican President.
2007-11-28 03:15:24 · answer #10 · answered by Zardoz 7 · 3⤊ 3⤋