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Post By markharf
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8 Jun 2023
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Join Date: Jul 2007
Location: Bellingham, WA, USA
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Quote:
Originally Posted by brclarke
....this has been the ongoing story since the Mulroney government in the late 80s. Occasionally the Canuck buck rises to 80-85% of a US dollar, a recession hits, and then the value slumps back down to 70....
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As I posted above, this is not true--or rather, it's true only if you take a very short perspective on history.
The USD/CAD exchange rate hovered around 100 for about 25 years throughout the time I was growing up (with family on both sides of the border). In ~1978 the CAD started sinking, bottoming out in ~2002, almost a decade after Mulroney left office. It then began a rapid rise, culminating in a couple of years during which it was worth *more* than the USD ~2011-2012. After that, it sank again to approximately where it stands now.
I'm not pretending I understand the underlying reasons for any of this, but I do like to check my assumptions and beliefs against reality. Google makes this remarkably easy. C.f., https://fxtop.com/en/historical-exch...DD2=08&LANG=en
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10 Jun 2023
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Join Date: Aug 1999
Location: Vancouver Island, Canada
Posts: 814
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Quote:
Originally Posted by markharf
As I posted above, this is not true--or rather, it's true only if you take a very short perspective on history.
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As you wrote yourself, since 1978, the Canadian dollar has generally been worth quite a bit less than the US buck.
Sure, for about 18 months it flipped the other way, but for most of the last 40+ years, the loonie has been weaker, and usually by a fairly wide margin.
__________________
Bruce Clarke - 2020 Yamaha XV250
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11 Jun 2023
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Yes, that's what I pointed out--that for most of the last 40 years the CAD has been trading below the USD. I also pointed out that for the preceding 25 years they stayed more or less equal.
In my book, "never" doesn't mean "seldom," "always" doesn't mean "usually," and "since Mulroony" doesn't mean....well, you get the idea. I'm ok if all of it means something different to someone else, in which case there's not really much point to arguing about it.
I notice that gasoline on your side of the border is only marginally more expensive these days than down here on mine. Might be time I played tourist...
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11 Jun 2023
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With moderator hat scrunched tightly down around my ears, probably cutting off blood flow to my brain, I've taken down a couple of posts in this thread. To review: insults aimed at an ethnicity or nationality are not ok here. Insults aimed at other members, individually or as a class, are also not ok. Resist the temptation!
If you find you've got a problem with another member's post, please feel free to use the little red and white button at the top right corner of every post to signal your displeasure.
I can't wait to get rid of this hat.
Mark
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11 Jun 2023
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Join Date: Jul 2017
Location: Neiva Colombia
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wow currency
What you make in your country is the bottom line How you make it is nobody's business the issue is how much value you get for what you have when you show up in a foreign country and use a bank machine and get money in the Country you are in
This is irrelevant to your agenda who cares, its your money. You can't put a price on a good experience that you will think I am glad I did this, in your life time
Easter island is a good example for me and all the indigenous cultures in the Andes back in the 80s with out a moto
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Check the RAW segments; Grant, your HU host is on every month!
Episodes below to listen to while you, err, pretend to do something or other...
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What others say about HU...
"This site is the BIBLE for international bike travelers." Greg, Australia
"Thank you! The web site, The travels, The insight, The inspiration, Everything, just thanks." Colin, UK
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Lots more comments here!
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Every chapter a day
Every day a journey
Refreshingly honest and compelling tales: the hights and lows of a life on the road. Solo, unsupported, budget journeys of discovery.
Authentic, engaging and evocative travel memoirs, overland, around the world and through life.
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Horizons Unlimited was founded in 1997 by Grant and Susan Johnson following their journey around the world on a BMW R80G/S.
Read more about Grant & Susan's story
Membership - help keep us going!
Horizons Unlimited is not a big multi-national company, just two people who love motorcycle travel and have grown what started as a hobby in 1997 into a full time job (usually 8-10 hours per day and 7 days a week) and a labour of love. To keep it going and a roof over our heads, we run events all over the world with the help of volunteers; we sell inspirational and informative DVDs; we have a few selected advertisers; and we make a small amount from memberships.
You don't have to be a Member to come to an HU meeting, access the website, or ask questions on the HUBB. What you get for your membership contribution is our sincere gratitude, good karma and knowing that you're helping to keep the motorcycle travel dream alive. Contributing Members and Gold Members do get additional features on the HUBB. Here's a list of all the Member benefits on the HUBB.
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