As of 23 January 2025, 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 individuals or businesses looking to convert currency, understanding the current exchange rate is crucial to getting the best value for your money. The provided table showcases the exchange rates for the Canadian Dollar against the US Dollar and other major currencies as of today:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.59 | 1.59 |
| British Pound (GBP) | 0.81 | 0.81 |
| Canadian Dollar (CAD) | 1.44 | 1.44 |
| Chinese Yuan (CNY) | 7.29 | 7.29 |
| Euro (EUR) | 0.96 | 0.96 |
| Japanese Yen (JPY) | 156.17 | 156.17 |
| New Zealand Dollar (NZD) | 1.76 | 1.76 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
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 currency rates can help individuals make more informed decisions when converting currencies.
Stay informed with the latest updates on currency exchange rates to ensure you get the most out of your currency conversions.
