As of 8 April 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.
Keeping track of currency exchange rates is crucial for individuals and businesses engaged in international transactions. By understanding the current exchange rate, one can make informed decisions when converting currency to get the best possible value.
For those looking to convert Canadian Dollars to US Dollars, the current rate is 1.36 for both buying and selling. It's important to note that banks often charge higher exchange rates compared to the open market rates.
Aside from the CAD to USD rates, here are the exchange rates for some other major currencies:
- Australian Dollar (AUD): Buying - 1.52, Selling - 1.52
- British Pound (GBP): Buying - 0.79, Selling - 0.79
- Chinese Yuan (CNY): Buying - 7.23, Selling - 7.23
- Euro (EUR): Buying - 0.92, Selling - 0.92
- Japanese Yen (JPY): Buying - 151.70, Selling - 151.70
- New Zealand Dollar (NZD): Buying - 1.67, Selling - 1.67
- Swiss Franc (CHF): Buying - 0.90, Selling - 0.90
It's advisable to stay updated on the latest exchange rates to ensure you are getting the most value out of your currency conversions. This information can be particularly useful for travelers, investors, and businesses engaged in international trade.
For the most current and accurate exchange rates, it is recommended to refer to a reliable source like the country's top currency rates portal. This portal provides timely updates on inter-bank currency rates, offering a comprehensive view of the currency market.