As of 31 May 2024, the Canadian Dollar to USD buying exchange rate stands at USD 1.37, with the selling exchange rate for 1 Canadian Dollar also at USD 1.37. These rates are based on the open market rate and are subject to fluctuations due to global supply and demand dynamics.
It is essential to stay informed about currency exchange rates, as they impact international transactions and travel expenses. By keeping track of the CAD to USD exchange rate, individuals can make informed decisions when converting currency.
Today, the buying and selling rates for CAD to USD are both at 1.37. Additionally, other currency rates include the Australian Dollar at AUD 1.51, British Pound at GBP 0.79, Chinese Yuan at CNY 7.23, Euro at EUR 0.92, Japanese Yen at JPY 156.96, New Zealand Dollar at NZD 1.64, and Swiss Franc at CHF 0.90.
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks often charge higher exchange rates, making it crucial for individuals to compare rates before converting currency.
For the most up-to-date exchange rates, individuals can refer to the country's top currency rates portal, which provides timely updates on inter-bank currency rates. Staying informed about exchange rates can help individuals secure the best possible rate when converting Canadian Dollars to US Dollars or any other currency.
