As of 12 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 between the Canadian Dollar and US Dollar are 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 in order to get the best value for your money. The table below provides a snapshot of the CAD to USD exchange rate as well as rates for other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.62 | 1.62 |
| British Pound (GBP) | 0.82 | 0.82 |
| Canadian Dollar (CAD) | 1.44 | 1.44 |
| Chinese Yuan (CNY) | 7.33 | 7.33 |
| Euro (EUR) | 0.98 | 0.98 |
| Japanese Yen (JPY) | 157.89 | 157.89 |
| New Zealand Dollar (NZD) | 1.80 | 1.80 |
| Swiss Franc (CHF) | 0.92 | 0.92 |
It's worth noting that while open market currency exchange rates provide a general indication of the CAD to USD rate, banks may offer slightly different rates. Banks typically charge a higher exchange rate, so it's advisable to stay informed about the latest inter-bank currency rates to make informed decisions when converting currency.
For the most up-to-date exchange rates and information on Canadian Dollar and other major currencies, refer to the country's top currency rates portal, which provides timely updates on currency exchange rates.
