If you are planning a trip to the Canada you can save significant amounts by using a multi-currency card or order foreign cash online for better currency exchange rates.
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Buy Canadian Dollars
Best Exchange Rates makes it easy to compare retail FX rates from trusted, regulated currency exchange specialists to use when you Travel and Spend abroad.
Canadian Dollar Trends & Forecasts
CAD to USD at 0.7858 is near its 90-day average 0.7867 with range 0.7664-0.8012. CAD/USD Rates
The Ukrainian crisis and the risk on-off market are pushing the Canadian dollar rate up and down in a range around 0.7850 to the US dollar (1 USD = 1.27 CAD).
Volatile oil prices due to the Russian invasion of Ukraine have lead analysts to predict large price movements to continue for the Canadian Dollar.
CAD to EUR at 0.7322 is just 0.6% above its 90-day average 0.7278 with range 0.6978-0.7457. CAD/EUR Rates
Into March CAD/EUR has trading above the 0.71 level (1 EUR = 1.4 CAD), this a few percent from where the rate ended 2021. The effect of Ukraine crisis on energy prices hurts the euro and helps the gas and oil exporting Canadian dollar.
CAD to GBP at 0.6222 is 1.8% above its 90-day average 0.6114 with range 0.5867-0.6317. CAD/GBP Rates
The Ukrainian crisis and risks for an energy crisis in Europe has pushed the Pound down against the Canadian, New Zealand and Australian Dollars. These currencies that normally are vulnerable to ‘risk off’ events, showing the impact of the gas crisis in the UK.
CAD to INR at 61.05 is 1.4% above its 90-day average 60.2 with range 58.79-61.11. CAD/INR Rates
The Ukrainian crisis and the risk-off market for European energy supplies have pushed the Canadian dollar down against the Rupee.
At the end of the January the CAD/INR exchange rate was heading towards the 59 mark down from its highs around 61 in October last year.
Travel, Currency and Money saving tips for Canada
Accessing ATMs and banks is not a problem in Canada with any major credit card.
Getting around by train is a popular way of travel in Canada as it is a big place. Booking a sleeper car can be comfortable for long distance overnight stretches. VIA Rail Canrailpass gives you 12 days of unlimited rail travel in Canada during a 30-day period, check VIA Rail's website for current prices. Bus travel in Canada is an economic and comfortable way to travel, Canada's system of intercity bus routes spans the entire country. Some cities also offer flexible transit passes so you can have unlimited all-day, multi-day, or monthly travel.