Not to beat a dead horse but please check my math. If I convert $500 USD to Canadian dollars at an exchange rate of 1.26 I will have $630 CAD, -$10 bank fee= $620. I then exchange the Canadian for CUC with the 3% fee and will have $601 CUC.
If I did the same staying with just USD to CUC, I would only have $435cuc. (After 13% fee). Is this correct? Is there no variable exchange rate from CAN to CUC or just the flat 3%?
US$ to CUC math....
in Cuba
Posted
Not to beat a dead horse but please check my math. If I convert $500 USD to Canadian dollars at an exchange rate of 1.26 I will have $630 CAD, -$10 bank fee= $620. I then exchange the Canadian for CUC with the 3% fee and will have $601 CUC.
If I did the same staying with just USD to CUC, I would only have $435cuc. (After 13% fee). Is this correct? Is there no variable exchange rate from CAN to CUC or just the flat 3%?