As of 21 December 2024, the Canadian Dollar to USD exchange rate stands at USD 1.35 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 involved in currency conversion, staying informed about exchange rates is crucial to ensure the best possible deal. The table below provides a snapshot of the CAD to USD exchange rate along with rates for other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.60 | 1.60 |
| British Pound (GBP) | 0.80 | 0.80 |
| Canadian Dollar (CAD) | 1.35 | 1.35 |
| Chinese Yuan (CNY) | 7.30 | 7.30 |
| Euro (EUR) | 0.96 | 0.96 |
| Japanese Yen (JPY) | 156.46 | 156.46 |
| New Zealand Dollar (NZD) | 1.77 | 1.77 |
| Swiss Franc (CHF) | 0.89 | 0.89 |
It is important to note that while open market rates provide a general indication of exchange values, banks may apply different rates when converting currencies. Banks typically charge a higher exchange rate compared to the open market.
For the most up-to-date information on currency exchange rates, individuals can refer to the country's top currency rates portal, which offers timely updates on inter-bank rates. Staying informed about exchange rates can help individuals make informed decisions when converting currencies.
