As of 23 July 2024, the Canadian Dollar to USD exchange rate stands at USD 1.38 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.
Aside from the CAD to USD rates, here are some other currency exchange rates:
| Currency | Buying | Selling |
|---|---|---|
| Australian Dollar (AUD) | 1.51 | 1.51 |
| British Pound (GBP) | 0.78 | 0.78 |
| Chinese Yuan (CNY) | 7.28 | 7.28 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 155.75 | 155.75 |
| New Zealand Dollar (NZD) | 1.68 | 1.68 |
| Swiss Franc (CHF) | 0.89 | 0.89 |
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher exchange rates, so individuals should be mindful of this when converting currencies.
For the most up-to-date information on inter-bank currency rates, individuals can refer to the country's top currency rates portal. This portal provides timely updates on exchange rates, helping individuals stay informed about the latest developments in the currency market.
