Thread: Best way to convert large sums of cash US to Canadian to eliminate exchange fees?

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    Best way to convert large sums of cash US to Canadian to eliminate exchange fees?

    I've been reading about Nobert's Gambit.

    It eliminates currency exchange fees using shares that are listed on the US and Canadian exchanges.
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    alces alces moose's Avatar
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    Are you trying to buy us shares or just exchange currency?
    To Bet or not to Be(t). That is the question. - Billy (Big Slick) Shakespeare
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    Administrator compuease's Avatar
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    Did you win THAT much on Saturday?
    If someone doesn't hate you, you're a wimp... comp: circa 2012.. and now 2013 as well, quite likely continuing into 2014, Now confirmed as CONTINUING well into 2014. Ah, f'it, 2015's just more of the same..

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    He is going to buy a new phone in the USA
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    Accidental Poker Tourist BlondeFish's Avatar
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    Are you going to use the Horizons US Dollar Currency ETF to pull off Norbert's Gambit?

    I am not in a hurry to convert all my US dollars, so I just use the much less complex method of exchanging at the mid-rate when friends want U$. In case a friend wants U$ without the high currency spread of the banks, let me know at Casino Niagara or Rama.

    Quote Originally Posted by ReefAquarium View Post
    I've been reading about Nobert's Gambit.
    You miss 100% of the shots you don't take.
    Wayne Gretzky

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