As of 1 October 2024, the buying exchange rate for 1 Canadian Dollar to USD is USD 1.35, with the selling exchange rate also at USD 1.35 in the open market. It's important to note that exchange rates between the Canadian Dollar and US Dollar are subject to constant fluctuations based on global supply and demand dynamics.
For individuals or businesses looking to convert currency, understanding the current exchange rate is crucial in order to get the best value for your money. The table below provides a snapshot of the CAD to USD exchange rates as well as rates for other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.45 | 1.45 |
| British Pound (GBP) | 0.75 | 0.75 |
| Canadian Dollar (CAD) | 1.35 | 1.35 |
| Chinese Yuan (CNY) | 7.03 | 7.03 |
| Euro (EUR) | 0.90 | 0.90 |
| Japanese Yen (JPY) | 143.47 | 143.47 |
| New Zealand Dollar (NZD) | 1.59 | 1.59 |
| Swiss Franc (CHF) | 0.85 | 0.85 |
It's worth noting that while open market currency exchange rates provide a general indication of the value of a currency, banks often charge higher rates for currency exchange. Keeping track of inter-bank currency rates can help individuals make more informed decisions when converting currencies.
For the most up-to-date exchange rates and information on Canadian Dollar rates, this page serves as a reliable resource. Stay informed and make the most of your currency exchanges by staying updated on the latest market trends.
