As of 27 December 2024, 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 involved in currency exchange, staying informed about exchange rates is crucial. By keeping track of the CAD to USD rate, one can make informed decisions to convert currency at the most favorable rate.
Here is a snapshot of the current exchange rates for CAD to USD and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.61 | 1.61 |
| British Pound (GBP) | 0.80 | 0.80 |
| Canadian Dollar (CAD) | 1.44 | 1.44 |
| Chinese Yuan (CNY) | 7.30 | 7.30 |
| Euro (EUR) | 0.96 | 0.96 |
| Japanese Yen (JPY) | 157.88 | 157.88 |
| New Zealand Dollar (NZD) | 1.77 | 1.77 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
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 currency transactions. Therefore, individuals should be mindful of these variations when engaging in currency exchange.
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, helping individuals make informed decisions regarding currency conversion.
