As of 12 August 2024, the Canadian Dollar to USD exchange rate stands at USD 1.37 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 in making informed decisions when exchanging currencies.
Aside from the Canadian Dollar to US Dollar exchange rate, there are also other currency rates available for reference. As of today, the buying and selling rates for some major currencies are as follows:
- Australian Dollar (AUD): Buying - 1.52, Selling - 1.52
- British Pound (GBP): Buying - 0.78, Selling - 0.78
- Chinese Yuan (CNY): Buying - 7.18, Selling - 7.18
- Euro (EUR): Buying - 0.91, Selling - 0.91
- Japanese Yen (JPY): Buying - 147.15, Selling - 147.15
- New Zealand Dollar (NZD): Buying - 1.66, Selling - 1.66
- Swiss Franc (CHF): Buying - 0.87, Selling - 0.87
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge a higher exchange rate on currencies, so individuals should be aware of this when conducting currency exchanges.
For the most up-to-date information on inter-bank currency rates, individuals can refer to the country's top currency rates portal. This portal provides timely updates on exchange rates, including the Canadian Dollar rates, to help individuals make informed decisions when dealing with foreign currencies.
