As of 22 May 2024, the Canadian Dollar to USD exchange rate stands at USD 1.36 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 looking to convert currency, understanding the current exchange rate is crucial. The provided exchange rate information can help in making informed decisions to get the best possible rate.
Here is a snapshot of the CAD to USD exchange rate 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) | 7.24 | 7.24 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 156.26 | 156.26 |
| 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, which typically charge higher rates. Keeping track of inter-bank currency rates can help individuals and businesses make more cost-effective currency exchanges.
Stay informed with the latest updates on currency exchange rates through the country's top currency rates portal, which provides timely and accurate information to assist you in navigating the foreign exchange market.
