As of 4 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 looking to convert currency, understanding the current exchange rate is crucial. Keeping track of the CAD to USD rate can help you secure the best possible deal when exchanging funds.
Here is a snapshot of the CAD to USD exchange rate along with rates for other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.51 | 1.51 |
| 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) | 153.05 | 153.05 |
| New Zealand Dollar (NZD) | 1.66 | 1.66 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge a higher exchange rate, so staying informed about inter-bank rates can help you make more cost-effective currency conversions.
For the latest updates on currency exchange rates, visit our website, where we provide timely information on inter-bank rates to help you stay informed and make informed financial decisions.
