The other option is to do the calculation manually using a simple mathematical formula. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout. For instance, credit card companies usually charge a 2.5% conversion fee on all foreign transactions, and ABM networks, which are called ATMs in the United States, may charge an additional flat fee.
Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.
Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. You can make the conversion using a calculator or you can do it by hand. Via Wise website How to Convert CAD to USDįortunately, converting Canadian dollars to USD is fairly simple.
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