As of 21 May 2024, the Canadian Dollar to USD buying exchange rate stands at USD 1.36, with the CAD to USD selling exchange rate also at USD 1.36 in the open market. These rates are subject to fluctuations due to global supply and demand dynamics.
For individuals or businesses involved in currency exchange, staying informed about 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) | 1.50 | 1.50 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.36 | 1.36 |
| Chinese Yuan (CNY) | 7.23 | 7.23 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 156.39 | 156.39 |
| New Zealand Dollar (NZD) | 1.64 | 1.64 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher exchange rates on currencies. Keeping track of inter-bank currency rates can help individuals secure better deals when converting currencies.
For the most up-to-date information on currency exchange rates, individuals can refer to the country's top currency rates portal, which provides timely updates on exchange rates. By staying informed about exchange rate fluctuations, individuals can make informed decisions when engaging in currency exchange transactions.
