geekhack
geekhack Community => Off Topic => Topic started by: kishy on Wed, 12 March 2014, 21:55:16
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This summer I have some repairs/mods I want to get done on my cars, but some of the parts involved will be purchased in the US and I live in Canada. As some of you may know, the exchange rate is about 1USD:1.11CAD currently.
This gives a significant advantage to Americans wanting to shop from Canada where starting prices are similar, but it makes it less appealing for Canadians to buy from the US. I want to avoid a situation where I've just bought a few hundred dollars of parts and then the rate balances back out...suppose I buy $400 worth of stuff, that's 44 dollars extra (that could otherwise be put towards other parts/supplies/tools/whatever) at today's rate, give or take.
So, if anyone here is familiar with the relevant markets and can advise (obviously a rough approximation at best) of what the next couple months might bring, that'd be awesome. I know these things can change fairly quickly but looking at rates plotted on graphs it seems like it's usually pretty gradual.
One thing that is clear is this: if the current trajectory continues then it will only get worse for me from this point. I just don't know if that's what will happen or not.
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can advise .... what the next couple months might bring
Please contact me, too, at your earliest convenience. You will be a millionaire soon.
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You forgot to include the exuberant expensive shipping from the USA to Canada. Adding to the extra $ 11 you pay for each hundred spent, it's a fortune to buy something from the USA. Moreover, I don't think a Forex or currency expert can predict the market in this case, it's too volatile. I trade a lot on Investous forex (https://www.investous.com/), but sometimes I have no clue what will be further, so I just rely on my intuition. Again, shipping is the major issue I see here, so the best option for you is to find a provider in Canada.
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exuberant expensive shipping from the USA
All outbound international postage from the US is obscenely inflated. Only slightly less so for Canada and Mexico.
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You forgot to include the exuberant expensive shipping from the USA to Canada. Adding to the extra $ 11 you pay for each hundred spent, it's a fortune to buy something from the USA
This is why i can't get hotswap in canada
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If you can predict that you'd make bank, however in this case, importing anything high value, much less heavy is always lose-lose.
Even if you save $40, you're going to lose most if not all of that on shipping and customs.
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exuberant expensive shipping from the USA
All outbound international postage from the US is obscenely inflated. Only slightly less so for Canada and Mexico.
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