As of 24 December 2024, the buying exchange rate for 1 Canadian Dollar to USD is USD 1.44, with the selling exchange rate also at USD 1.44 in the open market. It's important to note that exchange rates for the Canadian Dollar to US Dollar fluctuate regularly based on global supply and demand dynamics.
For those looking to convert currency, understanding the current exchange rate is crucial to getting the best value for your money. Here is a summary of the latest exchange rates for the Canadian Dollar against the US Dollar and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Canadian Dollar (CAD) | 1.44 | 1.44 |
| Australian Dollar (AUD) | 1.61 | 1.61 |
| British Pound (GBP) | 0.80 | 0.80 |
| Chinese Yuan (CNY) | 7.30 | 7.30 |
| Euro (EUR) | 0.96 | 0.96 |
| Japanese Yen (JPY) | 157.17 | 157.17 |
| New Zealand Dollar (NZD) | 1.80 | 1.80 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It's worth noting that while open market currency exchange rates provide a general indication of the value of a currency, banks often charge higher rates for currency exchange. Keeping track of inter-bank rates can help you make more informed decisions when converting currency.
Stay informed with the latest updates on currency exchange rates to ensure you get the best value for your money when converting Canadian Dollars to US Dollars or other major currencies.
