As of 4 January 2025, the Canadian Dollar to USD exchange rate stands at USD 1.44 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 Australian Dollar is being bought at 1.61 USD and sold at 1.61 USD, while the British Pound stands at 0.81 USD for both buying and selling.
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge a higher exchange rate, making it essential for consumers to stay informed about the latest rates to ensure they get the best deal.
For the most up-to-date exchange rates, individuals can refer to the country's top currency rates portal. This portal provides timely updates on inter-bank currency rates, offering a comprehensive view of the current market conditions.
