Could you please clarify a seemingly perplexing question for many newcomers to the
cryptocurrency and finance world? Specifically, I'm wondering about the CAD to CAD exchange rate. Yes, I realize that CAD stands for Canadian dollar, but typically, exchange rates are used to compare two different currencies. So, what would be the rationale for asking about the CAD to CAD exchange rate? Is it simply a redundancy, or is there some nuanced financial concept I'm missing? If there's a specific context or scenario where this question becomes relevant, I'd appreciate any clarification you could provide. Thank you for indulging my curiosity.
7 answers
Sara
Fri Jul 19 2024
The current USD to CAD exchange rate stands at 1.3677 Canadian Dollars per 1 US Dollar.
Emanuele
Fri Jul 19 2024
During today's trading, the exchange rate has fluctuated between 1.3674 and 1.3733 Canadian Dollars.
SkylitEnchantment
Fri Jul 19 2024
The closing rate of the previous day was 1.3697 Canadian Dollars per US Dollar.
SamsungShineBrightnessRadianceGlitter
Thu Jul 18 2024
Today's change in the exchange rate is -0.0020, representing a decrease of 0.15%.
Valentina
Thu Jul 18 2024
For those interested in the inverse rate, the CAD to USD exchange rate is also available.