As of 16 May 2024, the Canadian Dollar to USD buying exchange rate stands at USD 1.36, with the CAD to USD selling exchange rate also at USD 1.36 in the open market. These rates are subject to fluctuations due to global supply and demand dynamics.
It is essential to stay informed about currency exchange rates to ensure you get the best value when converting your money. The current exchange rate for CAD to USD is crucial for individuals and businesses engaged in international transactions.
Here is a snapshot of the CAD to USD exchange rates along with rates for other major currencies:
| Currency | Buying | Selling |
|---|---|---|
| Australian Dollar (AUD) | 1.49 | 1.49 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.36 | 1.36 |
| Chinese Yuan (CNY) | 7.22 | 7.22 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 154.29 | 154.29 |
| New Zealand Dollar (NZD) | 1.63 | 1.63 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher exchange rates, so it is advisable to compare rates before making any currency conversions.
For the most up-to-date information on inter-bank currency rates, you can rely on this portal for accurate and timely updates. Stay informed and make informed decisions when dealing with currency exchange to maximize the value of your transactions.
