How much is $1 US in Canadian dollars?

The exchange rate between the two currencies fluctuates due to various economic and political factors. These include differences in inflation rates, interest rates, trade balances, and even geopolitical tensions. Therefore, the conversion rate can change over time, making it important to check the latest rates before making a transaction.

The exchange rate between the US dollar and the Canadian dollar is a crucial factor for individuals and businesses engaged in cross-border transactions. Understanding the value of one currency in terms of another is essential for accurate financial planning and decision-making.

When converting $1 US to Canadian dollars, the current exchange rate determines the outcome. As of recent data, the conversion rate stands at approximately 1.37 CAD for every 1 USD. This means that the equivalent value of $1 US in Canadian currency is 1.37 CAD.

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For those looking to make transactions involving the US dollar and Canadian dollar, it's crucial to use a reputable and reliable source for exchange rate information. This could be a bank, a financial institution, or a specialized currency exchange service.