As of 11 January 2025, the Canadian Dollar to USD exchange rate stands at USD 1.42 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. Keeping track of the CAD to USD rate can help in making informed decisions when exchanging currencies.
Aside from the Canadian Dollar to US Dollar exchange rate, there are also other currency rates available for reference. As of today, the buying and selling rates for various currencies are as follows:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.63 | 1.63 |
| British Pound (GBP) | 0.82 | 0.82 |
| Chinese Yuan (CNY) | 7.33 | 7.33 |
| Euro (EUR) | 0.98 | 0.98 |
| Japanese Yen (JPY) | 157.69 | 157.69 |
| New Zealand Dollar (NZD) | 1.80 | 1.80 |
| Swiss Franc (CHF) | 0.92 | 0.92 |
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher exchange rates for currency conversions. Therefore, staying informed about inter-bank currency rates can help individuals and businesses secure better exchange rates.
For the latest updates on currency exchange rates, individuals can refer to the country's top currency rates portal, which provides up-to-date information on various currency pairs. By staying informed about exchange rates, individuals can make more informed decisions when converting currencies.
