As of 1 January 2025, the buying exchange rate for 1 Canadian Dollar to USD is USD 1.44, with the selling exchange rate also at USD 1.44 in the open market. It's important to note that exchange rates for the Canadian Dollar to US Dollar can fluctuate frequently due to global supply and demand dynamics.
For those looking to convert currency, understanding the current exchange rate is crucial to getting the best value for your money. Here is a snapshot of the latest CAD to USD exchange rates:
| 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) | 0.97 | 0.97 |
| Japanese Yen (JPY) | 157.65 | 157.65 |
| New Zealand Dollar (NZD) | 1.79 | 1.79 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It's worth noting that open market currency exchange rates may differ from those offered by banks, which typically charge higher rates. Keeping track of inter-bank currency rates can help you make informed decisions when exchanging currencies.
Stay informed with the latest updates on currency exchange rates to make the most of your international transactions.
