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 0.7523 is 1.4% above its 90-day average 0.7421 with range 0.7275-0.7556. CAD to USD
In December the loonie has steadied near its 90-day average around 0.74 relative to the greenback (1 USD = 1.34 CAD), this is down from the 0.77-0.79 range it had traded within all year until late August on inflation concerns.
CAD to EUR at 0.6910 is 1.8% below its 90-day average 0.7037 with range 0.6841-0.7462. CAD to EUR
In the final quarter of the year CAD/EUR is trading around the 0.74-0.76 level, this a few percent down from the start of the year.
The effect of Ukraine crisis on energy prices hurts the euro and helps the gas and oil exporting Canadian dollar.
CAD to GBP at 0.6107 is just 0.7% below its 90-day average 0.6149 with range 0.5940-0.6522. CAD to GBP
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 61.53 is 1.2% above its 90-day average 60.78 with range 60.06-61.53. CAD to INR
The Ukrainian crisis and the impact on energy prices have pushed the Canadian dollar up & down this year against the Rupee.
Travel, Currency and Money saving tips for Canada
Canada is a vast country with a lot to see and do, so it's a good idea to spend some time planning your trip to make the most of your time there. Here are some things you might consider when planning a trip to Canada:
Planning a trip to Canada
Timing: Canada is a large country with a wide range of climates, so it's important to consider the best time to visit based on your destination and what you want to do there. For example, if you want to go skiing in the Rocky Mountains, you'll want to visit in the winter. If you want to spend time on the beach in British Columbia, you'll want to visit in the summer.
Obtain any necessary travel documents: If you're not a Canadian citizen, you may need a visa to enter Canada. You should also ensure that your passport is valid for the duration of your stay in Canada.
Budget: Canada is a relatively expensive country, so it's important to budget accordingly. Consider the cost of flights, accommodation, activities, and meals when planning your trip.
Transportation: Canada is a large country, so you'll need to consider how you'll get around. Options include flying, taking the train, or renting a car. Keep in mind that distances can be long and the roads can be challenging in some parts of the country, so plan your route carefully.
Accommodation: Canada has a wide range of accommodation options, from hotels and motels to bed and breakfasts, campsites, and vacation rentals. Consider your budget and what type of experience you're looking for when choosing your accommodation.
Activities: Canada has a wide range of activities to suit all interests, from outdoor adventures like hiking, skiing, and fishing to cultural experiences like visiting museums and galleries. Make a list of the things you want to do and plan your trip accordingly.
Top Things to do in Canada
Visit Niagara Falls: Niagara Falls is one of the most famous waterfalls in the world, and it's a must-see destination when visiting Canada. There are several observation points where you can get a great view of the falls, and you can also take a boat tour to get up close to the action.
Explore the Rocky Mountains: The Rocky Mountains are a breathtaking mountain range that stretches through western Canada. Take a drive through the mountains and stop at scenic viewpoints along the way, or go hiking, biking, or skiing in the park.
Visit Toronto: Toronto is the largest city in Canada and it's a great place to visit for its vibrant arts and culture scene, great restaurants, and iconic landmarks like the CN Tower.
Go whale watching: Canada is home to a variety of whale species, and you can spot them in many different parts of the country. Head to the coast and join a whale-watching tour to see these majestic creatures up close.
Explore the outdoors: Canada is home to a vast and diverse natural landscape, and there are countless opportunities for outdoor adventures. Go hiking, camping, or fishing in one of the country's many national parks, or take a trip to the boreal forest to see the Northern Lights.
Is it expensive to ski in Canada?
The cost of lift tickets for skiing in Canada can vary depending on the location, time of year, and type of ticket. Prices typically range from around $50 to $150 per day for an adult ticket, although deals and discounts may be available. Some resorts also offer multi-day and season passes, which can be more cost-effective for frequent skiers. It is best to check with individual ski resorts for the most up-to-date prices and any deals they may be offering.