As of 21 March 2024, the Canadian Dollar to USD exchange rate stands at USD 1.35 for both buying and selling, according to the open market rate. This rate is subject to fluctuations due to global supply and demand dynamics.
For individuals or businesses involved in currency exchange, understanding the current exchange rate is crucial for making informed decisions. Keeping track of the CAD to USD rate can help in converting currency at the most favorable rate.
Aside from the Canadian Dollar to US Dollar exchange rate, there are also exchange rates for other major currencies. As of today, the buying and selling rates for some of these currencies are as follows:
- Australian Dollar (AUD): 1.52 (buying and selling)
- British Pound (GBP): 0.79 (buying and selling)
- Chinese Yuan (CNY): 7.20 (buying) and 7.20 (selling)
- Euro (EUR): 0.92 (buying and selling)
- Japanese Yen (JPY): 151.64 (buying and selling)
- New Zealand Dollar (NZD): 1.65 (buying and selling)
- Swiss Franc (CHF): 0.90 (buying and selling)
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge a higher exchange rate on currencies, which is why staying informed about inter-bank rates can be beneficial.
For the latest updates on currency exchange rates, individuals can refer to the country's top currency rates portal. This portal provides timely information on exchange rates, helping users stay informed about the latest developments in the currency market.