Let’s say their dollar=32.50 compared to our U.S. dollar.
That doesn’t mean a dollar literally equals 32 dollars and .50 cents there right?
How exactly does it work?
I want to fully understand it before I go out there and mess everything up.
How do I know how much to pay someone let’s say if they complete a job for me or how do I know exactly what a dollar equals there.
-thank you
In: Other
Seeing this question asked has confirmed how common it is for people in North America not to understand other currencies. I moved from the UK to Canada last year and i constantly hear people comparing CAD prices to USD prices and I’ve wondered why. I get a quick calculator out and see that the two prices are roughly the same.
Some folks literally just think they like different coloured paper to be used here.
I think in the UK we are more accustomed to travel since we can reach dozens of countries in a short time and for not a lot of money. So changing our money up to spend was more common.
Good luck with whatever it is you’re about to be doing. Make sure you get it right in your head so you don’t sell yourself short.
Latest Answers