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If the purchasing power of th US dollar is greater than that of the Canadian dollar what can you infer about the relative strength of the two currencies?

If the purchasing power of the US dollar is greater than that of the Canadian dollar, it suggests that the US dollar is stronger relative to the Canadian dollar. This means that one dollar can buy more goods and services in the US compared to what a Canadian dollar can buy in Canada. Consequently, this difference in purchasing power often indicates a higher value of the US dollar in foreign exchange markets. It may also reflect economic factors such as inflation rates, interest rates, and overall economic stability in each country.


What is the US dollar to the Canadian dollar?

1 US dollar is equal to .9843 Canadian dollar.


Why is the US Dollar getting stronger than the Singapore Dollar Will it drop back it strength or becoming stronger and stronger?

Currencies wax and wane. Perhaps this question is old as, in recent times (while I am answering this, the Singapore Dollar has strenthened significantly vis-a-vis the US Dollar. In my opinion, the long term future of the US Dollar is bleak.


When was the last time the canadian dollar was worth more than the american dollar?

Right now! At the time of writing (May 3rd 2012) 1 Canadian dollar is worth 1.01 US dollar.


If one Canadian dollar can purchase 0.75 US dollar how many Canadian dollars can one US dollar buy?

1 and one third


Why the british pound is stronger than the US dollar?

The British Pound is backed by silver where as the US dollar isn't backed by anything as use to be in the 18th century.


1 us dollar equals how many Canadian dollars?

As of today (18 July 2014); 1 US dollar = 1.0763 Canadian dollar


Canadian dollar to american dollar?

One Canadian dollar is equal to 0.92 United States dollars. One United States dollar is equal to 1.08 Canadian dollars.


What currency is stronger canadian or us?

As of my last update in October 2023, the U.S. dollar (USD) is generally stronger than the Canadian dollar (CAD). Exchange rates fluctuate due to various economic factors, including interest rates, inflation, and market conditions. Therefore, while the USD typically has a higher value compared to the CAD, it's essential to check current exchange rates for the most accurate comparison.


What is 1 Canadian dollar worth in American funds?

If you exchanged one Canadian dollar for US currency, you would receive one US dollar.


Is Canadian currency the same as US currency?

No, Canadian currency is not the same as US currency. The Canadian dollar is the official currency of Canada, while the US dollar is the official currency of the United States.


What equivalent us dollar in Canada?

According to the exchange rate for August 19, 2009: 1 US Dollar = 1.09 Canadian Dollars 1 Canadian Dollar = 0.91 US Dollars