As of 25 August 2024, the Canadian Dollar to USD buying exchange rate stands at USD 1.35, with the selling exchange rate for 1 Canadian Dollar also at USD 1.35. These rates are based on the open market rate and are subject to fluctuations due to global supply and demand dynamics.
It is important to note that currency exchange rates are constantly changing, and being aware of the current rates can help individuals make informed decisions when converting currencies. The table below provides a snapshot of the CAD to USD exchange rates as well as rates for other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.47 | 1.47 |
| British Pound (GBP) | 0.76 | 0.76 |
| Canadian Dollar (CAD) | 1.35 | 1.35 |
| Chinese Yuan (CNY) | 7.13 | 7.13 |
| Euro (EUR) | 0.89 | 0.89 |
| Japanese Yen (JPY) | 144.01 | 144.01 |
| New Zealand Dollar (NZD) | 1.61 | 1.61 |
| Swiss Franc (CHF) | 0.85 | 0.85 |
It is worth noting that while open market currency exchange rates provide a general indication of the value of a currency, banks may charge different rates for currency exchange. Therefore, individuals should be mindful of potential variations in exchange rates when conducting transactions.
For the most up-to-date information on currency exchange rates, individuals can refer to the country's top currency rates portal, which offers timely updates on inter-bank currency rates. Staying informed about exchange rates can help individuals make informed decisions when converting currencies and ensure they get the best possible rate.
