As of 15 May 2024, the Canadian Dollar to US Dollar exchange rate stands at USD 1.37 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 involved in currency conversion, staying informed about exchange rates is crucial to ensure the best possible deal. The table below provides a snapshot of the CAD to USD exchange rate along with rates for other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.51 | 1.51 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.23 | 7.23 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 156.50 | 156.50 |
| New Zealand Dollar (NZD) | 1.65 | 1.65 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher exchange rates, making it essential for consumers to compare rates before making currency transactions.
For the most up-to-date information on inter-bank currency rates, individuals can refer to the country's top currency rates portal. Regular updates on exchange rates are provided to help individuals make informed decisions when converting currencies.
