Canadian Dollar U S. Dollar FOREX: CADUSD Quote

Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Our smart tech means we’re more efficient – which means you get a great rate. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers.

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To view rates between the Canadian Dollar and the US Dollar for a particular year, click on one of the links below.

And with our daily summaries, you’ll never miss out on the latest news. The value of the Canadian dollar (CAD) plays a significant role in the global economy, influencing everything from international trade to travel costs and investment decisions. With its strong ties to natural resources, especially oil, the CAD is sensitive to global economic shifts, interest rates, and geopolitical events. Whether you’re a business owner, traveler, or investor, understanding the current exchange rate and the factors affecting it is crucial for making informed decisions. In this article, we delve into the current price of the Canadian dollar, the key factors that influence its value, and the best strategies to stay updated on its fluctuations. Our interactive USD to CAD chart use real-time mid-market exchange rates and allow you to view historical data up to the last 5 years.

For instance, during a trip to Europe last year, I saved over $200 by monitoring exchange rates and converting currency at a peak rate. The CAD and USD can be traded 24×5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York. Exchange rates can fluctuate by the minute while markets are open. Additionally, it’s advisable to convert Canadian Dollars to US Dollars early in the week if you need USD urgently. Executing a trade late in the week might result in a delayed settlement until the following week, as forex markets are closed on weekends. The exchange rate for the Canadian dollar today is determined by various market factors, including global demand, economic reports, and central bank policies.

• All market data (will open in new tab) is provided by Barchart Solutions.
• With secure transactions and exceptional customer support, Meta Exchange is the go-to choice for all your currency exchange needs.
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• For example, a $10 per barrel increase in oil prices can lead to a 1-2% appreciation of the CAD, according to Bank of Canada data.
• For instance, during a trip to Europe last year, I saved over $200 by monitoring exchange rates and converting currency at a peak rate.

For the most accurate and up-to-date rate, platforms like Meta Exchange provide live updates. The Canadian dollar (CAD) is influenced by factors like oil prices, interest rates, economic data, and global events. Its value impacts various sectors, including tourism, trade, and investments. Over the past decade, the CAD has experienced notable fluctuations, closely tied to Canada’s resource-based economy.

Conversion Rates Canadian Dollar/US Dollar

• Our smart tech means we’re more efficient – which means you get a great rate.
• The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt climbed.
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Meta Exchange offers competitive rates with low transaction fees. The Canadian dollar is considered a “commodity currency” due to its strong correlation with oil and other natural resources. For example, a $10 per barrel increase in oil prices can lead to a 1-2% appreciation of the CAD, according to Bank of Canada data. All market data (will open in new tab) is provided by Barchart Solutions.

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Looking for the best exchange rates with minimal fees? Our user-friendly platform allows you to track rates, set alerts, and access the latest market data, ensuring you stay informed at all times. With secure transactions and exceptional customer support, Meta Exchange is the go-to choice for all your currency exchange needs. Our interactive CAD to USD chart use real-time mid-market exchange rates and allow you to view historical data up to the last 5 years. Set an alert now, and we’ll tell you when it gets better.

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Select market data provided by ICE Data services. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc. The market data on this page is currently delayed. Please bear with us as we address this and restore your personalized lists. The dollar has been the currency of Canada since 1858.

Latest On US Dollar/Canadian Dollar FX Spot Rate

Tracking CAD rates is essential for financial planning. Platforms like Meta Exchange provide real-time rates, helping users make informed decisions. Key tips for staying updated include using reliable tools, setting alerts, and following economic news. Exchange rates are expressed as 1 unit of the foreign currency converted into Canadian dollars.

Market notices

The exchange rate of the Canadian Dollar in relation to the United States Dollar on the chart, the table of the dynamics a day in the life of a day trader of the cost as a percentage for the day, week, month and year. Exchange-rates.org has been a leading provider of currency quotes and precious metal prices for nearly 20 years. Our information is trusted by millions of users across the globe each month . We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk.

With the currency converter, you can convert 1 Canadian Dollar to United States Dollars and find out how much one canadian Dollar is currently worth in Dollars. Also, you can make a reverse calculation and find out the current value of 1 United States Dollar in Canadian Dollars. Save money when you send, spend and get paid in over 40+ currencies. All you need, in one account, whenever you need it. Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).

Wise never hides fees in the exchange rate. Compare our rate and fee with our competitors and see the difference for yourself. We partner with leading data providers to bring you the latest and most accurate prices for all major currencies and precious metals. You’ll now see the value of the converted currency according to the most recent exchange rate. The U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity.