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How to Calculate the Exchange Rate for Canada amp; the US

Posted by at 6:24 AM Read our previous post

1. Navigate to the International Monetary Fund Exchange site, listed in the References.
2. Scroll down the page and find the amount listed for the Canadian dollar. This amount is the amount you need to pay in U.S. dollars to get 1 Canadian dollar.
3. Divide the amount of U.S. dollars you wish to exchange or that you want to calculate for by the exchange figure from Step 2. If the exchange figure is 1.02, and you are exchanging 100 U.S. dollars, you would receive 98.04 Canadian dollars.

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