y do u have to pay more Canadian $ to get euros for ur trip to Europe than you receive in Canadian $ when u cash in euros on ur way home?
- SumDudeLv 71 month ago
Banks, etc have buy and sell rates to cover their costs. Plus, rates change over time.
- Anonymous1 month ago
Because that service is not free.
- ibu guruLv 71 month ago
Of course! The difference between buy-sell rates are the margin to cover the costs of changing money for you.
- JudyLv 71 month ago
change fee each time
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- GregLv 71 month ago
The people who do the exchanges are in business. They have costs and need to make a profit.
- StephenWeinsteinLv 71 month ago
So that the place where you exchange the money can make a profit.