<p>Should be no difference. </p>

<p>You are either (1) buying USD by selling CAD or (2) selling CAD to buy USD. </p>

CC BY-SA 3.0
2016-07-14T15:13:18.420Z
2016-07-14T15:13:18.420Z
Kontorus
<p>Beginner question here.
I'm Canadian, and my investement account is, by default, in CAD currency.
Recently I wanted by buy a US stock so I had to convert some of my CAD money in USD money.</p>

<p>There would have been other ways, but this led me to use an FX tool. The interface was similar to this:</p>

<p>Action: [ ] Buy [ ] Sell</p>

<p>Currency: [ ] CAD [ ] USD</p>

<p>So basically, in order to do what I wanted to do (convert CAD to USD), I had 2 options:</p>

<p>A) Buy USD</p>

<p>B) Sell CAD</p>

<p>What's the difference between both actions ?</p>

CC BY-SA 3.0
2016-07-15T22:03:24.933Z
I don't think this is an economics question. It's probably a better fit for http://money.stackexchange.com
FreeMarketUnicorn
<exchange-rates><investment>
USD/CAD fx: What's the difference between Buying USD and Selling CAD?
FMaz008
# USD/CAD fx: What's the difference between Buying USD and Selling CAD?

(Asked by: username_0 on 2016-07-13)

Beginner question here.
I'm Canadian, and my investement account is, by default, in CAD currency.
Recently I wanted by buy a US stock so I had to convert some of my CAD money in USD money.

There would have been other ways, but this led me to use an FX tool. The interface was similar to this:

Action: [ ] Buy [ ] Sell

Currency: [ ] CAD [ ] USD

So basically, in order to do what I wanted to do (convert CAD to USD), I had 2 options:

A) Buy USD

B) Sell CAD

What's the difference between both actions ?

**Tags:** exchange-rates, investment
> **Comments:**
> **username_1**: I don't think this is an economics question. It's probably a better fit for http://money.stackexchange.com  

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## 1 answers

### Answer by username_2 on 2016-07-14. Score: 1 | Accepted answer

Should be no difference.

You are either (1) buying USD by selling CAD or (2) selling CAD to buy USD.


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