As of 20 March 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. By keeping track of the CAD to USD rates, one can make informed decisions to get the best value for their money.
Here is a snapshot of the current exchange rates for the Canadian Dollar against other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.52 | 1.52 |
| British Pound (GBP) | 0.78 | 0.78 |
| Chinese Yuan (CNY) | 7.20 | 7.20 |
| Euro (EUR) | 0.91 | 0.91 |
| Japanese Yen (JPY) | 150.81 | 150.81 |
| New Zealand Dollar (NZD) | 1.64 | 1.64 |
| Swiss Franc (CHF) | 0.89 | 0.89 |
It's important to note that while open market rates provide a general indication of exchange values, banks may offer slightly different rates. 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. This portal offers timely updates on inter-bank currency rates, ensuring that users have access to accurate and current information.
