As of 25 March 2024, the buying exchange rate for 1 Canadian Dollar to USD is USD 1.36, with the selling exchange rate also at USD 1.36. These rates are based on the open market rate and are subject to fluctuations due to global supply and demand dynamics.
It is important to note that currency exchange rates are constantly changing, and being aware of the current rates can help individuals make informed decisions when converting currencies. Here is a comparison of the CAD to USD rates with other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.53 | 1.53 |
| British Pound (GBP) | 0.79 | 0.79 |
| Chinese Yuan (CNY) | 7.21 | 7.21 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 151.38 | 151.38 |
| New Zealand Dollar (NZD) | 1.67 | 1.67 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It is worth noting that while open market currency exchange rates provide a general indication of the value of a currency, banks may offer slightly different rates. Banks often charge a higher exchange rate, so individuals should compare rates before making currency exchanges.
For the most up-to-date information on currency exchange rates, individuals can refer to the country's top currency rates portal, which provides timely updates on inter-bank currency rates. Staying informed about exchange rates can help individuals make the most of their currency conversions.
