100 USD to CAD RBC: Currency Exchange Rate and Conversion
If you're planning to travel to Canada or conduct international business, you may need to exchange your US dollars (USD) to Canadian dollars (CAD). One of the popular banks for currency exchange is the Royal Bank of Canada (RBC). In this article, we'll explore the current exchange rate and conversion of 100 USD to CAD at RBC.
Current Exchange Rate
The exchange rate between USD and CAD can fluctuate constantly due to market conditions and economic factors. As of [current date], the exchange rate is approximately:
1 USD = 1.32 CAD
This means that 100 USD is equivalent to approximately:
132 CAD
RBC Currency Exchange Rates
RBC, one of the largest banks in Canada, offers competitive currency exchange rates for its customers. Although the rates may vary depending on the location and type of transaction, here are the current RBC exchange rates for USD to CAD:
- Cash: 1 USD = 1.29 CAD
- Non-Cash (e.g., debit card, credit card): 1 USD = 1.31 CAD
Using these rates, we can calculate the conversion of 100 USD to CAD at RBC:
- Cash: 100 USD = approximately 129 CAD
- Non-Cash: 100 USD = approximately 131 CAD
How to Exchange Currency at RBC
To exchange your USD to CAD at RBC, you can visit any RBC branch or use their online currency exchange service. Here are the steps:
In-Person Exchange
- Visit an RBC branch near you with your valid government-issued ID and USD.
- Inform the teller of your intention to exchange currency.
- Provide the necessary documents and USD.
- Receive your CAD.
Online Exchange
- Log in to your RBC online banking account.
- Navigate to the "Currency Exchange" or "Transfer Funds" section.
- Select the "Exchange Currency" option.
- Enter the amount of USD you want to exchange.
- Choose the CAD currency.
- Review the exchange rate and confirm the transaction.
- Receive your CAD.
Conclusion
When exchanging 100 USD to CAD at RBC, you can expect to receive approximately 129-131 CAD, depending on the type of transaction. Keep in mind that exchange rates can fluctuate constantly, so it's essential to check the current rates before making a transaction. Additionally, you can use RBC's online currency exchange service or visit a branch in person for a convenient and secure exchange experience.
