As of 15 January 2025, the Canadian Dollar to USD exchange rate stands at USD 1.43 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 involved in currency conversion, staying informed about exchange rates is crucial. By keeping track of the CAD to USD rate, one can make informed decisions to get the best value for their money.
Here is a snapshot of the current exchange rates for the Canadian Dollar against other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.60 | 1.60 |
| British Pound (GBP) | 0.82 | 0.82 |
| Chinese Yuan (CNY) | 7.33 | 7.33 |
| Euro (EUR) | 0.97 | 0.97 |
| Japanese Yen (JPY) | 156.26 | 156.26 |
| New Zealand Dollar (NZD) | 1.78 | 1.78 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It's important to note that while open market rates provide a general indication of exchange values, banks may offer slightly different rates. Banks typically charge a higher margin on currency exchanges compared to open market rates.
For the most up-to-date information on currency exchange rates, individuals can refer to reliable sources like this portal, which provides timely updates on inter-bank rates. Staying informed about exchange rates can help individuals make informed decisions when converting currencies.
