World’s Weakest Currencies 2019


world's weakest currencies

There are several factors that impact the value of a currency, but buyers are often the most prominent influencers. For example, the US dollar is strong because so many countries buy this currency. If investors and buyers were to stop buying US dollars, its value would drop significantly. More attention is paid to popular currencies that are likely to remain (relatively) stable. This provides a basis for forecasts and projections – not to mention higher … Read More

How PayPal’s Currency Pricing Changes Can Affect Your Bottom Line


PayPal's Currency Pricing Changes

PayPal has announced that it is making changes to their legal agreements with certain customers in the US and Canada. Some of these policy updates mean that customers will be charged higher rates when converting currency. This in turn means they will lose more money while dealing with international payments.  We’re going to take a look at the changes PayPal are making that will have an impact on the accounts of customers in the US … Read More

REMITR Guide: How to Apply for a Working Holiday Visa in France


How to Apply for a Working Holiday Visa in France

As a global icon of fashion, love, café culture and wine, there are so many reasons to apply for a working holiday visa in France. France is the most visited country in the world, home to beautiful landscapes and sceneries like the Eiffel Tower in Paris, or the Palace of Versailles in Yvelines. There is something for everyone, no matter who you are. If you’re into the sun and beaches, take a trip to Corsica, the … Read More

REMITR Guide: Why is the Value of the Pound Sterling in Free-Fall?


The value of the British Pound (GBP) has come under massive pressure against other major currencies such as the US Dollar and the Euro in July.  On Monday July 29th, the pound, also known as the Pound Sterling, touched its lowest level in over two years against the US Dollar. This has taken the value of the currency to its lowest level in 28 months. On Tuesday July 30th, the pound continued to slide on … Read More

Instantly Convert Funds Between Ledger Balances with REMITR


We are excited to announce a new feature for converting funds from CAD to USD and USD to CAD whenever you wish. You can convert these funds between your Ledger balances in different currencies. REMITR enables you to transact in different currencies like Canadian Dollar (CAD), US Dollar (USD) and Euro (EUR). You can instantly convert between these currencies in two ways: When you have funds in your bank account and wish to convert USD … Read More

The History of Currency in Canada


history of Canadian dollar/currency

Canada’s currency, the Canadian Dollar (CAD), is the sixth most traded currency worldwide – but how did it get to where it is now? When you consider the extensive, complex history of Canada, it comes as no surprise to learn that the story of its currency is no different. We’re here to outline the fascinating history of currency in Canada, from pre-European contact right up to the modern day Canada and the Canadian dollar.  The … Read More

REMITR Guide: How to Open a Bank Account in Italy


How to Open a Bank Account in Italy

Captivating scenery, incredible history and jaw-dropping beauty. It’s no surprise that Italy expels an intoxicating vibrancy that attracts migrants from all around the world. Thankfully, banking in Italy is just as wonderful as the country itself. Whether you’re an expat, investor, a student living abroad, Italy has a bank account for you. Unlike many countries, Italy has implemented regulations for the purpose of providing financial flexibility to suit all needs. Continue reading to learn more … Read More

Top 10 Strongest Currencies in the World 2019


For a more up to date version of this list, check out our blog: World’s Strongest Currencies 2020 Did you know that over 180 currencies from around the world are recognized by the UN? There are several factors that influence the value of a currency. Not only are there a number of country-specific variables that go into determining a currency’s strength, but there are also other benchmarks (other currencies, commodities, etc) against which a currency’s … Read More

A Guide To US Dollar Bank Accounts With Scotiabank


A Guide To US Dollar Bank Accounts With Scotiabank

There is an ever-increasing number of Canadians frequently travelling to or working in the United States. The number of Canadians freelancing for US companies is also on the rise. This means that more and more Canadian’s are being paid in US Dollars and are facing the challenges of cross-border payments. The main issue? finding the best way of converting their hard earned US Dollars into Canadian Dollars, or vice versa, without losing considerable portions of … Read More

The History of Currency in Germany


The History of Germany's Currency

Germany is currently the strongest economy in the European Union, and the fourth strongest in the world. In 2017, Germany’s Gross Domestic Product (GDP) amounted to €3.3 trillion. The history of currency in Europe’s leading nation is incredibly fascinating. Germany’s currency has continually evolved as the country has progressed through times of division, war, recession and hyperinflation.  In this post, we explore the history of Germany and how its currency changed with the times.  The … Read More