CanAm Currency Blog, Market Insights and Currency Exchange News
What are exchange rates? An exchange rate is the value of one country’s currency compared to another. Every country has a currency that holds value and is comparable to others, thus determining how much you get if you exchange one for the other. For example, on October 24th, 2022, 100 Canadian Dollars will buy you…
When people think about an alternative investment to traditional stocks and bonds, they think of gold. Often silver is overlooked when the reality is it holds a lot of value, and from time to time, the spotlight falls on silver, and its price rapidly increases, outperforming gold. Silver is usually a cheaper alternative to gold…
After two years of the globe suffering through the pandemic and being unable to travel, this summer, travel restrictions were lifted, and people have been globe-trotting. However, traveling to Europe can be costly with record inflation and the rippling effects of the financial strain from the pandemic. Below we highlight the cheapest cities to travel…
