CAD TO USD and Other Currency Rates - 16 February 2024
Are you planning a trip to the United States? Or maybe you're interested in investing in the US stock market? Whatever the reason may be, understanding the current exchange rate between the Canadian Dollar (CAD) and the US Dollar (USD) is crucial. On the 16th of February 2024, the buying exchange rate for CAD to USD stands at USD 1.35 according to the open market rate. The selling exchange rate for 1 Canadian Dollar is also USD 1.35. These rates are subject to change as the market fluctuates.
Exchange rates for Canadian Dollar to US Dollar vary constantly due to worldwide supply and demand. So, if you want to get the best value for your Canadian Dollars, it's important to keep an eye on the exchange rate. This page can help you stay informed and convert your currency at the most favorable rate.
But it's not just about the CAD to USD rate. If you're planning to travel or invest in other countries as well, it's crucial to know the exchange rates for various currencies. Let's take a look at some key currency rates as of the 16th of February 2024:
- Australian Dollar (AUD): The buying and selling rates for 1 AUD are both 1.53 USD. - British Pound (GBP): The exchange rate for 1 GBP is 0.79 USD. - Chinese Yuan (CNY): 1 CNY is equivalent to 7.16 USD. - Euro (EUR): 1 EUR is worth 0.93 USD. - Japanese Yen (JPY): The buying and selling rates for 1 JPY are both 149.93 USD. - New Zealand Dollar (NZD): 1 NZD can be exchanged for 1.64 USD. - Swiss Franc (CHF): The exchange rate for 1 CHF is 0.88 USD.
This currency rate portal provides you with up-to-date information on the exchange rates of various currencies. Keep in mind that exchange rates in the open market can differ from those offered by banks. Banks often charge higher exchange rates, so it's wise to compare rates and find the best deal.
At our website, we strive to update the inter-bank currency rates in a timely manner. This ensures that you have access to the most accurate and current information. Whether you're planning a trip, making international investments, or simply curious about currency rates, we've got you covered.
Remember, currency exchange rates are dynamic and can change rapidly. Stay informed, compare rates, and make your currency conversions wisely. Understanding the CAD to USD exchange rate and other currency rates will help you make informed decisions and get the most value out of your money.