As of 1 June 2024, the Canadian Dollar to USD exchange rate stands at USD 1.37 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 to ensure the best possible deal. The table below provides a snapshot of the CAD to USD exchange rate along with rates for other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.50 | 1.50 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 157.25 | 157.25 |
| New Zealand Dollar (NZD) | 1.62 | 1.62 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It's important to note that open market currency exchange rates may differ from those offered by banks, with banks typically charging higher rates. This variance underscores the significance of monitoring inter-bank rates for accurate currency conversion.
For the latest updates on currency exchange rates, individuals can refer to the country's top currency rates portal, which provides timely information to facilitate informed decision-making.
