As of 5 November 2024, the Canadian Dollar to USD exchange rate stands at USD 1.38 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 due to global supply and demand dynamics.
Keeping track of currency exchange rates is crucial for individuals and businesses looking to convert currencies at the most favorable rates. Understanding the current exchange rate can help you make informed decisions when dealing with international transactions.
Here is a snapshot of the CAD to USD exchange rates along with rates for other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.51 | 1.51 |
| British Pound (GBP) | 0.77 | 0.77 |
| Canadian Dollar (CAD) | 1.38 | 1.38 |
| Chinese Yuan (CNY) | 7.10 | 7.10 |
| Euro (EUR) | 0.91 | 0.91 |
| Japanese Yen (JPY) | 151.46 | 151.46 |
| New Zealand Dollar (NZD) | 1.66 | 1.66 |
| Swiss Franc (CHF) | 0.86 | 0.86 |
It's worth noting that while open market exchange rates provide a general indication of currency values, banks often apply slightly higher rates for currency exchange services. Staying informed about inter-bank rates can help you navigate the currency exchange landscape more effectively.
For the latest updates on currency exchange rates, refer to our website, your go-to portal for up-to-date information on global currency trends.
