As of 21 July 2024, the Canadian Dollar to USD exchange rate stands at USD 1.37 for both buying and selling, according to the open market rate. It's important to note that exchange rates between the Canadian Dollar and US Dollar are subject to constant fluctuations based on global supply and demand dynamics.
For individuals or businesses looking to convert currency, understanding the current exchange rate is crucial. 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, with banks typically charging a higher rate for currency exchange. Keeping track of inter-bank currency rates can help individuals make informed decisions when converting currencies.
For the most up-to-date information on currency exchange rates, individuals can refer to the country's top currency rates portal, which provides timely updates on exchange rates. Staying informed about exchange rate fluctuations can help individuals secure the best possible rates when converting Canadian Dollars to US Dollars or any other currency.
