As of 21 June 2024, the buying exchange rate for 1 Canadian Dollar to USD is USD 1.37, with the selling exchange rate also at USD 1.37. It's important to note that exchange rates between the Canadian Dollar and US Dollar are subject to fluctuations based on global supply and demand dynamics.
For individuals or businesses looking to convert currency, understanding the current exchange rate is crucial in order to get the best value for your money. The provided table offers a snapshot of the CAD to USD exchange rate, along with rates for other major currencies such as the Australian Dollar, British Pound, Chinese Yuan, Euro, Japanese Yen, New Zealand Dollar, and Swiss Franc.
It's worth mentioning that open market currency exchange rates may differ from those offered by banks, as financial institutions often charge higher rates for currency exchange. This highlights the importance of staying informed about inter-bank currency rates to make informed decisions when converting currencies.
For the most up-to-date information on Canadian Dollar exchange rates and other currency rates, individuals can refer to the country's top currency rates portal, which provides timely updates on exchange rates. Keeping track of these rates can help individuals and businesses make informed decisions when engaging in currency exchange transactions.
