As of 20 July 2024, the buying exchange rate for 1 Canadian Dollar to USD is USD 1.38, with the selling exchange rate also at USD 1.38 in the open market. It's important to note that exchange rates between the Canadian Dollar and US Dollar are subject to fluctuations due to 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 table below provides a snapshot of the CAD to USD exchange rate as well as rates for other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.50 | 1.50 |
| British Pound (GBP) | 0.77 | 0.77 |
| Canadian Dollar (CAD) | 1.38 | 1.38 |
| Chinese Yuan (CNY) | 7.27 | 7.27 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 157.49 | 157.49 |
| New Zealand Dollar (NZD) | 1.66 | 1.66 |
| Swiss Franc (CHF) | 0.89 | 0.89 |
It's worth noting that while open market currency exchange rates provide a general indication of the CAD to USD rate, banks may offer slightly different rates due to various factors. Banks typically charge a higher exchange rate compared to the open market.
For the most up-to-date information on inter-bank currency rates and to stay informed about currency exchange trends, visit our website regularly. We strive to provide timely updates on currency exchange rates to help you make informed decisions when converting currencies.
