Hey guys, I am a basketball guy who knows nothing about hockey, but I have a question to ask my fellow Canadians out there.
My question is:
Why does paypal say that my CAD is greater than the USD when converted (Meaning that CAD is worth more than USD)
But when I go to spend, the USD becomes greater than the CAD (Meaning that the CAD is worth less than the USD)
Example in "inaccurate numbers" to prove my point:
Paypal balance: $150 CAD = $160 USD
Sending payment: $100 USD = $110 CAD
I am really confused about this, can someone please explain why paypal is screwing up the exchange rates.