As of 28 January 2025, the Canadian Dollar to USD exchange rate stands at USD 1.44 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. By keeping track of the CAD to USD rate, one can make informed decisions to get the best value for their money.
Aside from the CAD to USD rate, there are also exchange rates for other major currencies. For instance, the Australian Dollar is being bought at AUD 1.60 and sold at AUD 1.60, while the British Pound has a buying rate of GBP 0.80 and a selling rate of GBP 0.80.
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher exchange rates, so individuals should stay informed about the inter-bank currency rates to ensure they are getting a fair deal.
For the latest updates on currency exchange rates, individuals can refer to the country's top currency rates portal. This portal provides up-to-date information on various currency pairs, including the CAD to USD rate, to help users make informed decisions when converting currency.
