As of 24 February 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 looking to convert currency, understanding the current exchange rate is crucial. Keeping track of the CAD to USD rate can help in making informed decisions when exchanging money.
Aside from the Canadian Dollar to US Dollar rate, there are also exchange rates for other major currencies. As of today, the Australian Dollar is being bought at AUD 1.53 and sold at AUD 1.53, while the British Pound has a buying and selling rate of GBP 0.79.
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks often charge higher rates for currency exchange, so individuals should be aware of this when converting money.
For those seeking the most up-to-date exchange rates, a reliable currency rates portal can provide timely information. Keeping an eye on inter-bank currency rates can help individuals secure the best possible exchange rate for their transactions.
