PayPal parity
when the exchange rate of your currency with another (generally u.s. dollar) has reached a point where it is at or above parity, taking into account the exchange fee which paypal (or a credit inst-tution) collects — approximately 3%. this is significant when shopping online across the border.
the canadian dollar’s just dipped below paypal parity! it’s only worth $1.011 usd now.
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