As of 29 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 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.
Aside from the Canadian Dollar, other currency exchange rates are also available for reference. 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 rates may differ from those offered by banks. Banks typically charge higher exchange rates, making it essential to compare rates before making any currency transactions.
For the most up-to-date information on currency exchange rates, individuals can refer to the country's top currency rates portal. This portal provides timely updates on inter-bank currency rates, ensuring that users have access to accurate and current information.
