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acadie
New Member

When converting my US T5 to Canadian funds I'm using the 2018 Bank of Canada rate of 1.2957. My question is do I multiply my US amount by 1.2957 or .012957?

 
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When converting my US T5 to Canadian funds I'm using the 2018 Bank of Canada rate of 1.2957. My question is do I multiply my US amount by 1.2957 or .012957?

Yes, multiply the US amount by 1.2957 to get the Canadian amount.

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2 Replies

When converting my US T5 to Canadian funds I'm using the 2018 Bank of Canada rate of 1.2957. My question is do I multiply my US amount by 1.2957 or .012957?

Yes, multiply the US amount by 1.2957 to get the Canadian amount.

acadie
New Member

When converting my US T5 to Canadian funds I'm using the 2018 Bank of Canada rate of 1.2957. My question is do I multiply my US amount by 1.2957 or .012957?

Thank you!