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Canadian Dollar Exchange Rate Hits USD 1.35 On 16 March 2024

Exchange rates fluctuate due to global supply and demand dynamics.

As of 16 March 2024, the Canadian Dollar to USD buying exchange rate stands at USD 1.35, with the selling exchange rate for 1 Canadian Dollar also at USD 1.35. These rates are subject to fluctuations due to global supply and demand dynamics.

For individuals or businesses involved in currency exchange, understanding the current exchange rates is crucial. The table below provides a snapshot of the CAD to USD exchange rates along with rates for other major currencies:

Currency Buying Rate Selling Rate
Australian Dollar (AUD) 1.52 1.52
British Pound (GBP) 0.79 0.79
Canadian Dollar (CAD) 1.35 1.35
Chinese Yuan (CNY) 7.20 7.20
Euro (EUR) 0.92 0.92
Japanese Yen (JPY) 149.05 149.05
New Zealand Dollar (NZD) 1.64 1.64
Swiss Franc (CHF) 0.88 0.88

It is important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher exchange rates, making it essential for consumers to stay informed about the latest inter-bank rates.

For the most up-to-date exchange rates and currency information, individuals can refer to the country's top currency rates portal, which provides timely updates on currency fluctuations. By staying informed, individuals can make informed decisions when converting currencies and ensure they get the best possible rates.

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