Cryptocurrency Q&A
What is the exchange rate for a Canadian dollar?
What is the exchange rate for a Canadian dollar?
Sat Jan 11 2025
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5 answers
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I'm wondering about the current value of the Canadian dollar in comparison to other currencies. Specifically, I want to know the exchange rate for a Canadian dollar.
5 answers
Mon Jan 13 2025
On June 1, 2020, the exchange rate between the Canadian dollar and the U.S. dollar was .83. This meant that one Canadian dollar could be exchanged for .83 U.S. dollars.
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Mon Jan 13 2025
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Mon Jan 13 2025
Over the past few months, the value of the U.S. dollar has appreciated against the Canadian dollar. This appreciation has had a significant impact on the exchange rate between the two currencies.
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Mon Jan 13 2025
As a result of the dollar appreciation, the current exchange rate between the Canadian dollar and the U.S. dollar is now .78. This means that one Canadian dollar can now be exchanged for .78 U.S. dollars.
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Mon Jan 13 2025
The change in the exchange rate has made it more expensive for Canadians to purchase goods and services in the U.S. Similarly, it has made it cheaper for Americans to purchase goods and services in Canada.
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