But we'd have been gambling with the exchange rate at the other end".
Today we woke up to find the exchange rate at 20.50 pesos (78p) for the dollar.
At the exchange rate at the time, that was worth a little over $100m.
But there remains the thorny matter of negotiating the exchange rate at which Britain would join.
It applies MasterCard's exchange rate at the time you make the transaction, and doesn't add any "loading", fees or charges.
It was about $920, not $4,200, based on the average exchange rate at the time, in August.
The exchange rate, at $1 American to $1.31 Canadian, is better for Canadians than it used to be, she said.
A volatile exchange rate, at times driven by speculation, can be a source of broader economic volatility.
The card, called Cash Passport, will be available at Travelex branches and allows travelers to lock in the exchange rate at the time the card is loaded.
When she arrived in London in February, the exchange rate at Heathrow Airport -- admittedly, airports are not known for attractive exchange rates -- was a staggering $2.09.
The Clarity card applies MasterCard's exchange rate at the time you make the transaction and doesn't add any "loading", fees or charges.
