As of 13 June 2024, the Canadian Dollar to US Dollar 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, understanding the current exchange rate is crucial to ensure the best possible deal. Keeping track of the CAD to USD exchange rate can help in making informed decisions when converting currencies.
Here is a snapshot of the exchange rates for the Canadian Dollar against other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.50 | 1.50 |
| British Pound (GBP) | 0.78 | 0.78 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 156.82 | 156.82 |
| New Zealand Dollar (NZD) | 1.62 | 1.62 |
| Swiss Franc (CHF) | 0.89 | 0.89 |
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge a higher exchange rate, so individuals should be aware of this when converting currencies.
For the most up-to-date information on inter-bank currency rates, individuals can refer to the country's top currency rates portal. This portal provides timely updates on exchange rates, helping individuals stay informed about the latest developments in the currency market.
