As of October 31, 2024, the Canadian Dollar to USD exchange rate stands at USD 1.39 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. By keeping track of the CAD to USD rate, one can make informed decisions to get the best value for their money.
Aside from the Canadian Dollar to US Dollar exchange rate, there are also rates for other major currencies. As of today, the Australian Dollar is being bought at AUD 1.52 and sold at AUD 1.52, while the British Pound has a buying and selling rate of GBP 0.78.
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher rates for currency exchange, so individuals should compare rates to ensure they are getting a fair 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.
