Where can I buy CAD & Canadian dollars?

Using BookMyForex, you can buy CAD or Canadian dollars from the comfort of your own home at the best exchange rate. To provide you with the best rate, we compare hundreds of money changers in your area. You can also freeze the rates for up to three days by paying a refundable deposit of 2%.

How to buy/sell CAD at the best rates with bookmyforex?

Here's how to buy/sell CAD at the best rates with BookMyForex: Step 1: Start booking the order by selecting your city, selecting the currency, and entering the forex amount. Step 2: To proceed, you will need to enter your mobile number, your email ID, your name, and the OTP sent to your mobile number or email address.

Why is CAD considered a commodity currency?

The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern neighbors. The USDCAD is one of the most traded currency pairs in the world.

Will the USD/CAD bulls stay resilient in 2023?

As things currently stand in early 2023, the respective policy outlooks of the BoC and the Fed favor USD/CAD bulls. It’s worth noting, however, that the commodity-sensitive Canadian Dollar could stay resilient against its American counterpart in case oil prices continue to rise.