As of 29 September 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 exchange, understanding the current exchange rate is crucial for making informed decisions. By keeping track of the CAD to USD exchange rate, one can potentially maximize the value of their currency conversions.
Aside from the Canadian Dollar, various other currency exchange rates are also available for reference. For instance, the Australian Dollar is being bought and sold at rates of 1.45, while the British Pound stands at 0.75. The Chinese Yuan, Euro, Japanese Yen, New Zealand Dollar, and Swiss Franc all have their respective exchange rates listed for comparison.
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge a higher exchange rate, making it beneficial for individuals to stay informed about the latest inter-bank currency rates. By accessing a reliable currency rates portal, individuals can stay updated on the most recent exchange rate trends.
