As of 28 August 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 conversion, staying informed about exchange rates is crucial. By keeping track of the CAD to USD exchange rate, one can make informed decisions to get the best value for their money.
Aside from the Canadian Dollar to US Dollar rate, there are various other currency exchange rates available. For instance, the Australian Dollar is being bought at AUD 1.47 and sold at AUD 1.47, while the British Pound is valued at GBP 0.76 for both buying and selling.
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher rates for currency exchange, making it essential for consumers to compare rates and seek the best deal.
For the most up-to-date exchange rates, individuals can refer to the country's top currency rates portal. This portal provides timely updates on inter-bank currency rates, offering a comprehensive view of the current market conditions.
