Canadian Exchange Rate

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  • susieq
    Member
    • Feb 2006
    • 82

    #1

    Canadian Exchange Rate

    Does anyone have the Average Canadian exchange rate for 2006? Client receives Canadian income - want to convert to US dollars for income and withholding
  • Chief
    Senior Member
    • Jun 2005
    • 799

    #2
    Canadian rate exchange

    I had a client with Canadian pension income. Go to x-rates.com and then to historical and look up 01-02-2006, 07-01-2006, and 12-31-06 and figure the average. That should serve as a realistic approximation for 2006.

    Comment

    • Bird Legs
      Senior Member
      • Jun 2005
      • 990

      #3
      Canadian Exchange Rate

      That is what i did yesterday. Took the 3 rates just like Chief said, add together, then
      divide by 3. Cannot remember how it came out but it was around 0.88 per 1.00 U S dollar.

      Comment

      • jimmcg
        Senior Member
        • Aug 2005
        • 633

        #4
        Google the web sites for Bank of Canada or Bank of Montreal. Both have what you need.

        Comment

        • JCH
          Senior Member
          • Jan 2007
          • 207

          #5
          Try this site

          www.oanda.com. This has historical foreign currency calculators for any country in the world.

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