As of 3 July 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.
For individuals or businesses looking to convert currency, understanding the current exchange rate is crucial. Keeping track of the CAD to USD rate can help you make informed decisions when exchanging currencies.
Here is a snapshot of the exchange rates for the Canadian Dollar against other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.49 | 1.49 |
| British Pound (GBP) | 0.78 | 0.78 |
| Chinese Yuan (CNY) | 7.27 | 7.27 |
| Euro (EUR) | 0.93 | 0.93 |
| Japanese Yen (JPY) | 161.64 | 161.64 |
| New Zealand Dollar (NZD) | 1.64 | 1.64 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge a higher exchange rate, so it's advisable to stay informed about the inter-bank currency rates to ensure you get the best deal.
For the most up-to-date exchange rates, refer to the country's top currency rates portal, which provides timely updates on currency fluctuations. By staying informed about the CAD to USD exchange rate and other currency rates, you can make informed decisions when converting currencies.
