Questions tagged [cad to cad]

SumoPowerful Wed Jul 17 2024 | 7 answers 1696

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.