🇺🇸 USD to 🇨🇦 CAD — Convert US Dollar to Canadian Dollar
1 US Dollar = 1.4071 Canadian Dollar
USD/CAD Exchange Rate History
🇺🇸 USD to 🇨🇦 CAD Conversion Table
| US Dollar (USD) | Canadian Dollar (CAD) |
|---|---|
| $1 | C$1.4071 |
| $5 | C$7.0355 |
| $10 | C$14.0710 |
| $25 | C$35.1775 |
| $50 | C$70.3550 |
| $100 | C$140.7100 |
| $500 | C$703.5500 |
| $1,000 | C$1,407.10 |
| $5,000 | C$7,035.50 |
| $10,000 | C$14,071.00 |
USD/CAD 30-Day Market Statistics
Over the past 30 days, the US Dollar to Canadian Dollar exchange rate has fallen by 1.0236%, moving from 1.4165 to 1.4020. It traded between a low of 1.4020 on Jul 19 and a high of 1.4236 on Jun 24, averaging 1.4155. With a high-to-low spread of 1.5260%, the pair has been relatively stable this month.
Frequently Asked Questions
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🇺🇸 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).
🇨🇦 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.
What Moves the USD/CAD Exchange Rate?
The USD to CAD rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
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.
Canadian Dollar (CAD): Crude oil prices, Bank of Canada policy, trade with the United States, and broader commodity demand.
When demand for the US Dollar rises relative to the Canadian Dollar, the USD/CAD rate increases, meaning each USD buys more CAD. The opposite happens when the Canadian Dollar strengthens.
90-Day USD/CAD Trend Analysis
Looking at a longer 90-day window, the US Dollar to Canadian Dollar rate has risen by 2.6429%, ranging from a low of 1.3580 (Apr 30) to a high of 1.4236 (Jun 24), with an average of 1.3916. The current rate of 1.4071 sits above the 90-day average, which suggests recent strength in the US Dollar.
Comparing the 30-day spread of 1.5260% with the 90-day spread of 4.7141% 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 USD to CAD
- Enter the amount of USD you want to convert in the converter above.
- The equivalent in CAD is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (CAD to USD).
- 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 USD to CAD
Getting a rate close to the mid-market rate above can save you money, especially on larger US Dollar to Canadian 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.
Maintained by the ExchangeConvert editorial team. Rates are indicative mid-market rates for informational purposes only and do not constitute financial advice. See our methodology and Terms of Service.