As of 23 May 2024, the Canadian Dollar to USD exchange rate stands at USD 1.37 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 conversion, understanding the current exchange rate is crucial to ensure the best possible deal. Keeping track of the CAD to USD exchange rate can help in making informed decisions when converting currencies.
Aside from the CAD to USD rates, here are some other currency exchange rates as of today:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.51 | 1.51 |
| British Pound (GBP) | 0.79 | 0.79 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 156.71 | 156.71 |
| New Zealand Dollar (NZD) | 1.64 | 1.64 |
| Swiss Franc (CHF) | 0.92 | 0.92 |
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks often charge higher exchange rates, so individuals should be aware of this when converting currencies.
For the most up-to-date 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 informed decisions when dealing with currency conversion.
