When a transaction is incurred in a currency other than the home currency of Canada, the Currency Converter is used to convert the actual Canadian dollars to be paid based on the date the transaction occurred.
US DOLLAR EXCHANGE RATE in effect as of January 1, 2021.
Currently the Bank Sell Rate for US Funds is 1.273.
The Bank Sell Rate is the rate used by Accounts Payable for U S Expenditures.
Currently the Bank Buy Rate for US Funds is 1.273.
The Bank Buy Rate is the rate used to buy U S dollars from customers (ie. the deposit rate).
Questions or comments relating to the rates for US Funds can be directed to Mark_Gardner@UManitoba.ca, Trust and Endowment Officer (204) 474-7229.