Denominations of the Dirham: I’m a Fan

January 23rd, 2008, No Comments »

At the moment, CAN $1 = MAD 7.53. In my experience, very few things are less than one dirham (about 12 Canadian cents). In coins, I’ve seen a half-dirham (it literally has a 1/2 symbol on it), one dirham, five dirham and ten dirham denominations. In bills, there’s a 20, 50, 100, 200 and so forth.

Practically speaking, there are no cents or centimes or santimat. Unlike most other countries I’ve visited, there are no ones and hundreds–it’s just hundreds. On the other hand, you’re not working in absurdly large quantities, as in, say, Zimbabwe or Italy before the Euro. The worst conversion experience I’ve had is Hungary, where one Canadian dollar equaled 175 forints. Try making that calculation on the fly.

Transactions are easy in Morocco. It’s just one number, and it’s almost always below 500. This is a real boon to my incredibly crap French, handy when you have to negotiate the price of many purchases over, say, 10 bucks Canadian.

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The Canadian Dollar is Trading at US $99.85 (Or So)

September 21st, 2007, 5 Comments »

Early in my Gnomedex talk, I made a little joke about currencies:

This [telegram]was sent in 1954, and at the time it cost about $2.50 Canadian. That’s about $2.57 in US dollars. Yes, our currency was stronger until about 1960. I don’t know if you’ve looked at exchange rates lately, but we’re coming for you.

Yesterday, the Canadian and American dollars achieved parity for the first time in 31 years.

That’s kind of shocking, isn’t it? I remember a time in the eighties when the Canadian dollar was worth about US $0.70. What a difference a war makes, eh? Yes, I know that’s not the only reason, but I liked the sound of it.

I’m trying to rack my brain for stuff we should order from the US that one can’t get in Canada. I’ve got nothing. But, then, I currently have a paucity of possessions.

Here’s a blog post from the National Post that summarizes and links to sundry American responses to our monetary equality.

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