As of 1 November 2024, the Canadian Dollar to USD exchange rate stands at USD 1.40 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 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) | 1.52 | 1.52 |
| British Pound (GBP) | 0.77 | 0.77 |
| Canadian Dollar (CAD) | 1.40 | 1.40 |
| Chinese Yuan (CNY) | 7.12 | 7.12 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 153.03 | 153.03 |
| New Zealand Dollar (NZD) | 1.68 | 1.68 |
| Swiss Franc (CHF) | 0.86 | 0.86 |
It's worth noting that while open market currency exchange rates provide a general indication of the CAD to USD rate, banks often charge slightly higher rates for currency exchange. Keeping track of inter-bank rates can help individuals secure more favorable exchange rates.
For the most up-to-date information on currency exchange rates, individuals can refer to the country's top currency rates portal, which regularly updates inter-bank rates to provide accurate and timely information.
