I would like to trade my c$300 into American, and an year later back to Canadian. Know a good website?
I have c0, in cash. I want to increase it in one year. If I put it in the back, I don’t think that I will make much interest. So I would like a website where I can check second to second currency changes. So whenever I want, I can change it to American dollars, and an year later, change it back to Canadian. Would I easily make bucks? If i go to the bank and ask to change Canadian dollars into American dollars, will they ask for anything?
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I don’t think that you are going to make a killing by converting C$ to US$ and back. You can exchange your C4 at your local bank and back to C4 later time, they will ask no questions, that will like everyone else charge you to exchange the money for you. At this time I would be very watchful of what I was going to do with my money. The second part of your question is about web sites to check on the money market. You have an option I would get yesterdays new paper and look to see what the exchange rate was at closing.
look for foreign exchange trading sites but beware the fees. like most day traders, people have lost their shirts by trying to play the vagaries of the market.