Business Desk 05 Apr , 2024 01:07 AM GMT
Exchange rates fluctuate due to global supply and demand dynamics.
Current CAD to USD rate is 1.35 for both buying and selling.
Inter-bank rates may differ from open market rates.
Exchange rates fluctuate due to global supply and demand dynamics.
As of 5 April 2024, the Canadian Dollar to USD exchange rate stands at USD 1.35 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, staying informed about exchange rates is crucial to ensure the best possible conversion rates. The table below provides a snapshot of the CAD to USD exchange rate along with rates for other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.52 | 1.52 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.35 | 1.35 |
| Chinese Yuan (CNY) | 7.23 | 7.23 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 151.30 | 151.30 |
| 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, which typically charge higher rates. Keeping track of inter-bank currency rates can help individuals and businesses make informed decisions when converting currencies.
For the latest updates on currency exchange rates, individuals can refer to the country's top currency rates portal, which provides timely information on exchange rates. Staying informed about exchange rates can help individuals secure favorable rates when converting currencies.
End of Article
No COMMENT ON THIS STORY
