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Canadian Dollar Exchange Rate Hits USD 1.38 On 5 August 2024

Exchange rates fluctuate due to global supply and demand dynamics.

As of 5 August 2024, the Canadian Dollar to USD buying exchange rate stands at USD 1.38, with the selling exchange rate for 1 Canadian Dollar also at USD 1.38. These rates are subject to fluctuations due to global supply and demand dynamics.

For individuals or businesses involved in currency exchange, understanding the current exchange rates is crucial for making informed decisions. 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) 1.53 1.53
British Pound (GBP) 0.78 0.78
Canadian Dollar (CAD) 1.38 1.38
Chinese Yuan (CNY) 7.12 7.12
Euro (EUR) 0.91 0.91
Japanese Yen (JPY) 145.74 145.74
New Zealand Dollar (NZD) 1.68 1.68
Swiss Franc (CHF) 0.85 0.85

It is important to note that open market currency exchange rates may differ from those offered by banks, with banks typically charging higher rates. Keeping track of inter-bank currency rates can help individuals secure better exchange deals.

Stay informed with the latest currency exchange rates by visiting our website, your go-to portal for up-to-date information on currency rates.

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