As of 9 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 Canadian Dollar, other currency exchange rates are also available for reference. The Australian Dollar is being bought at 1.61 USD and sold at the same rate. The British Pound has a buying and selling rate of 0.81 USD. The Chinese Yuan, Euro, Japanese Yen, New Zealand Dollar, and Swiss Franc also have their respective exchange rates listed.
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher rates for currency exchange services. Therefore, individuals should stay informed about inter-bank 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 platform provides timely information on exchange rates, helping users stay up to date with market fluctuations.
