USA 9.99 Canada 12.99

[SirSpace]

I've always wondered this...
here is the states normally when you buy something excluding food they give you a price for us and also a price for Canada usually a few dollars more for Canada. What I'd like to know is this

If I buy a book for 9.99 in American money here is us can I take it to Canada and buy the same book for the same price like will they automatically convert the dollar to Canadian money and after that the 9.99 will turn into the 12.99 advertised here in the states or would I have to bring the 12.99 to get the book. And why do they do this you never see pesos only Canadian money.

 

[Digital Controller]

First off i know if you come with American money to Canada you need to go to a bank and get it converted to Canadian dollars, my parents had to do this....so in other words you will pay the 12.99 for the book with your new Canadian dollars.

I know on some books they have Mexican currency but i believe it is up to the publisher on what prices to put on the books.

 

[SirSpace]

Ahhh sounds good ty buddy

 

[Digital Controller]

Ahhh sounds good ty buddy

Anytime man!

 

[Stuntman]

Some stores in Canada will post an exchange rate. If you pay in US dollars, they would do the conversion into how much that is in Canadian dollar. You will still be charged the Canadian dollar price since you would be in Canada. Let's say the exchange rate is $0.98 CDN ro $1 USD. If you buy a book that has the listed price of $12.99 CDN or $9.99 USD and you give the person a $20 US bill, they would do the conversion to your giving them $19.60. Since the book is $12.99 CDN (I'm going to ignore taxes for this example) you would get $6.41 CDN back in change.

Back in the 90's, the Canadian dollar was around $0.70 US, so the difference made sense. Since the exchange rate has changed so much in the past several years, there was a backlash when we in Canada see such a large variance in price when the Canadian dollar was near par or higher than the US dollar. Book stores ended up charging the US listed price or a different price that was more reasonable than the listed Canadian price. A number of publishers no longer print a separate Canadian and US price on the cover of the book. What I find now is that there is only one price listed and sometimes the store would put a pricetag over top of the listed price if they want to charge something different.