Expert, money saving updates, forecasts & tips on the CAD exchange

What Is a Spot Rate in Foreign Exchange?

Experts have perhaps advised you to check the spot rate before exchanging currencies, and you are wondering, “What is a spot rate?” The truth is, foreign exchange rates can be...

Top Travel Tips to Remember After Covid

Coronavirus cases have been increasing globally, increasing the need to practice social distancing. For that reason, travelling for holidays and vacations upsurges your risk of catching or spreading the virus....

Post-Pandemic Personal Financial Tips

Perhaps the year 2021 hasn’t been kind to your finances. So, you are looking for post-pandemic personal financial tips to help you stay afloat. Paying off debts, setting new financial...

Is Canadian Forex Safe During This Covid Pandemic?

The Covid-19 pandemic has significantly impacted financial markets, and perhaps you are wondering, “Is Canadian forex safe?” For the past few weeks, the coronavirus has affected forex trading, and nearly...

How to Transfer Money Online Without a Debit Card?

Sending money from one country to another can be very easy and affordable when you know how to transfer money online. We live in a technology-driven world, and you can...

How to Calculate Real Exchange Rate with Inflation?

If you know how to calculate the real exchange rate of USD to CAD, you can quickly find out the purchasing power of your currency against another. An exchange rate...

How Long Does An International Wire Transfer Take?

You want to send money to another country, and you’re perhaps wondering, “How long does an international wire transfer take?” If you’re an international traveller, a global entrepreneur, or have...

How Forward Exchange Rate is Determined?

If you run a company with a global base of suppliers, partners, or customers, you have probably heard about the forward exchange rate. It is a vital financial tool that...

How Does Fluctuating Currency Rates Affect the Travel Industry?

It is common for significant economies’ exchange rates to float. That leads to fluctuation of currency value under the foreign exchange market. Currency rates are influenced by various technical and...

Airport Currency Exchange: Is It A Good Idea?

When travelling to a foreign country, you may be tempted to exchange your currency at the airport. However, exchanging your currency at an airport is not a good idea. While...