As of 28 February 2025, the Canadian Dollar to USD exchange rate stands at USD 1.45 for both buying and selling, according to the open market rate. It's important to note that exchange rates between the Canadian Dollar and US Dollar are subject to constant fluctuations due to global supply and demand dynamics.
Keeping track of currency exchange rates is crucial for individuals and businesses engaged in international transactions. Understanding the current exchange rate can help in making informed decisions when converting currencies.
Here is a snapshot of the CAD to USD exchange rates along with rates for 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) | 1.45 | 1.45 |
| Chinese Yuan (CNY) | 7.28 | 7.28 |
| Euro (EUR) | 0.96 | 0.96 |
| Japanese Yen (JPY) | 150.62 | 150.62 |
| New Zealand Dollar (NZD) | 1.79 | 1.79 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It's worth noting that while open market rates provide a general indication of exchange rates, banks often charge slightly higher rates for currency exchange. Therefore, individuals should stay informed about inter-bank rates to ensure they are getting the best deal.
For the most up-to-date exchange rates and currency information, individuals can refer to the country's top currency rates portal, which regularly updates its data to reflect the latest market trends.
