As of November 21, 2024, the Canadian Dollar (CAD) has maintained a stable exchange rate against the United States Dollar (USD), with both buying and selling rates standing at $1.40. This rate is based on open market dynamics, which can fluctuate in response to global demand and supply.
It’s essential to note that currency exchange rates are constantly changing, making it crucial for individuals and businesses to stay informed when converting currencies. The following table provides a snapshot of current exchange rates for major currencies:
|Currency | Buying Rate | Selling Rate |
| Australian Dollar (AUD) | $1.54 | $1.54 |
| British Pound (GBP) | $0.79 | $0.79 |
| Canadian Dollar (CAD) | $1.40 | $1.40 |
| Chinese Yuan (CNY) | $7.23 | $7.23 |
| Euro (EUR) | $0.96 | $0.96 |
| Japanese Yen (JPY) | $154.22 | $154.22 |
| New Zealand Dollar (NZD) | $1.71 | $1.71 |
| Swiss Franc (CHF) | $0.89 | $0.89 |
When converting currencies, it’s worth noting that open market rates may differ from those offered by banks, which often charge higher fees and exchange rates.
To make the most of your currency conversions, stay up-to-date with the latest inter-bank currency rates. This will help you navigate the ever-changing world of global finance and make informed decisions when exchanging currencies.
Source: INKL
