I just gave a bank $500 CDN.

I got $474 US in return.

How the #%^&% does that make any sense? I must not be understanding something.

This is from their website:

$1 CDN is worth less than $1 USD

Hmm, Yahoo tells me $500 CAD should be worth $501.45 USD currently.

According to the exchange rate of 1.003, 500.00 CAD = 501.682 USD. :?

You got hosed. Got a receipt?

Someone converted the wrong way?

service fee?

When the lady told me what I was getting back, all she said was "the rate is .94"

That'* a lot different than what I know to be the rate.

No fee.

thats what im thinkin :?

it is exactly $25 dollars less than it should be...5% service fee?

If you look at the bottom chart, it looks like they converted the wrong way IMO. Instead of CDN to US, they did US to CDN, which gave me $47x.00. :?

Me and my supervisor here at work are confused by how this works now.

If 1.00 USD = 0.996398 CAD, then I USD will always be a higher number.

I'm pissed I didn't protest like this when I was at the bank. I don't have a receipt of this exchange, but they know me. I'm going back tomorrow.