🇨🇦 CAD to 🇺🇸 USD — Convert Canadian Dollar to US Dollar
1 Canadian Dollar = 0.7254 US Dollar
CAD/USD Exchange Rate History
🇨🇦 CAD to 🇺🇸 USD Conversion Table
| Canadian Dollar (CAD) | US Dollar (USD) |
|---|---|
| C$1 | $0.7254 |
| C$5 | $3.6269 |
| C$10 | $7.2537 |
| C$25 | $18.1343 |
| C$50 | $36.2687 |
| C$100 | $72.5374 |
| C$500 | $362.6868 |
| C$1,000 | $725.3736 |
| C$5,000 | $3,626.87 |
| C$10,000 | $7,253.74 |
CAD/USD 30-Day Market Statistics
Over the past 30 days, the Canadian Dollar to US Dollar exchange rate has fallen by 0.8067%, moving from 0.7314 to 0.7255. It traded between a low of 0.7223 on May 27 and a high of 0.7364 on Apr 30, averaging 0.7292. With a high-to-low spread of 1.9338%, the pair has been relatively stable this month.
Frequently Asked Questions
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🇨🇦 About the Canadian Dollar (CAD)
The Canadian Dollar, nicknamed the 'loonie', is a commodity currency strongly linked to crude oil since Canada is one of the world's largest oil exporters. Its fortunes are closely tied to the neighbouring US economy.
Issuing authority: Bank of Canada.
🇺🇸 About the US Dollar (USD)
The US Dollar is the world's primary reserve currency and the most traded currency on the planet, on one side of roughly 88% of all foreign exchange transactions. It serves as the global benchmark for commodities such as oil and gold, which are priced in dollars.
Issuing authority: Federal Reserve System (the Fed).
What Moves the CAD/USD Exchange Rate?
The CAD to USD rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
Canadian Dollar (CAD): Crude oil prices, Bank of Canada policy, trade with the United States, and broader commodity demand.
US Dollar (USD): Federal Reserve interest rate decisions, US inflation (CPI) data, non-farm payroll employment reports, and the dollar's status as a safe-haven asset during global uncertainty.
When demand for the Canadian Dollar rises relative to the US Dollar, the CAD/USD rate increases, meaning each CAD buys more USD. The opposite happens when the US Dollar strengthens.
90-Day CAD/USD Trend Analysis
Looking at a longer 90-day window, the Canadian Dollar to US Dollar rate has fallen by 0.9827%, ranging from a low of 0.7170 (Apr 3) to a high of 0.7366 (Mar 6), with an average of 0.7279. The current rate of 0.7254 sits below the 90-day average, which may indicate recent softness in the Canadian Dollar.
Comparing the 30-day spread of 1.9338% with the 90-day spread of 2.6926% gives a sense of whether the pair has become calmer or more turbulent recently. For larger conversions, tracking these ranges over a few weeks can help you choose a more favourable moment to exchange.
How to Convert CAD to USD
- Enter the amount of CAD you want to convert in the converter above.
- The equivalent in USD is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (USD to CAD).
- Check the chart and 30-day statistics above before large conversions.
The rate shown here is the mid-market rate — the midpoint between buy and sell prices on global markets. It is the fairest benchmark for comparing what banks and transfer services actually charge.
Best Ways to Exchange CAD to USD
Getting a rate close to the mid-market rate above can save you money, especially on larger Canadian Dollar to US Dollar amounts. Here are common options ranked by typical value:
| Method | Typical Fee | Speed | Best For |
|---|---|---|---|
| Wise | 0.3-0.6% | 1-2 days | International transfers |
| Revolut | 0-1% | Instant | Travel spending |
| Bank Transfer | 3-5% | 2-5 days | Large amounts |
| Airport Exchange | 7-12% | Instant | Last resort |
Tip: Always compare the rate you're offered against the mid-market rate shown above — the difference is the hidden markup. Banks often embed a 3-5% markup even in "commission-free" offers.
Rates are indicative mid-market rates for informational purposes only and do not constitute financial advice. See our Terms of Service.