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 710 months ago
Banks, etc have buy and sell rates to cover their costs. Plus, rates change over time.
- ibu guruLv 710 months ago
Of course! The difference between buy-sell rates are the margin to cover the costs of changing money for you.
- JudyLv 710 months ago
change fee each time
- GregLv 710 months ago
The people who do the exchanges are in business. They have costs and need to make a profit.
- What do you think of the answers? You can sign in to give your opinion on the answer.
- StephenWeinsteinLv 710 months ago
So that the place where you exchange the money can make a profit.