As of 2 May 2024, the Canadian Dollar to USD buying exchange rate stands at USD 1.37, with the selling exchange rate for 1 Canadian Dollar also at USD 1.37 in the open market. These rates are subject to fluctuations based on global supply and demand dynamics.
For individuals or businesses looking to convert currency, understanding the current exchange rates is crucial. The table below provides a snapshot of the CAD to USD rates along with rates for other major currencies:
| Currency | Buying | Selling |
|---|---|---|
| Australian Dollar (AUD) | 1.53 | 1.53 |
| British Pound (GBP) | 0.80 | 0.80 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.93 | 0.93 |
| Japanese Yen (JPY) | 155.69 | 155.69 |
| New Zealand Dollar (NZD) | 1.69 | 1.69 |
| Swiss Franc (CHF) | 0.92 | 0.92 |
It's important to note that open market currency exchange rates may differ from those offered by banks, which typically charge higher rates. Keeping track of inter-bank currency rates can help individuals secure the best possible exchange rate for their transactions.
Stay informed with the latest updates on currency exchange rates to make informed decisions when converting currencies.
