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CAD to USD 2025 Forecasts

Analysis of recent loonie → dollar forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Canadian dollar to US dollar performance and trends.

 

The CAD/USD exchange rate has demonstrated some resilience recently, buoyed by a stronger U.S. dollar, although factors like fluctuating oil prices have constrained its gains. As of late, the CAD traded near 0.7369, representing a 1.7% increase above its 3-month average of 0.7241, after experiencing a stable range between 0.7011 and 0.7369 over the past three months.

Recent forecasts indicate that the Canadian dollar’s support may be limited due to weakening oil prices, which are crucial for Canada as one of the largest oil exporters. Oil prices recently reached 68.80, slightly higher than their 3-month average of 66.66. However, volatility in oil prices—trading within a substantial 31.1% range—highlights an unpredictable outlook that could impact the CAD. Analysts have noted that if oil prices continue to slip, this could pose a downside risk for the CAD.

On the U.S. side, the dollar has experienced a lift from stronger-than-expected job data, with non-farm payrolls beating forecasts in June. The U.S. unemployment rate has edged down, while other economic indicators also outperformed expectations. This robust performance has led economists to suggest that continued strength in the U.S. economy may maintain upward pressure on the USD.

Looking ahead, forecasts remain cautious regarding the CAD. Political changes in Canada, trade tensions with the U.S., and the Bank of Canada's recent pause on interest rate cuts are all factors contributing to a more complex environment for the loonie. Experts warn that ongoing trade policy uncertainties may further limit the CAD’s upside potential.

For those engaged in international transactions, understanding these dynamics is essential. The Canadian dollar's performance will be intricately linked to global oil trends, U.S. economic indicators, and the prevailing market sentiment regarding trade relations. Being mindful of these influences can aid in making informed decisions about currency exposure and timing for transactions.

CAD-USD Rate Calculator

 
   
   
   
   
 
   
 
 

CAD to USD Market Data

Canadian dollar (CAD) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell CAD   →   Buy USD
1 CAD =
0.7353We compare provider deals to this wholesale mid-market rate. Read more
USD
+0.1%
90d-highs
CAD to USD is at 90-day highs near 0.7369, 1.7% above its 3-month average of 0.7241, having traded in a quite stable 5.1% range from 0.7011 to 0.7369
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Compare & Save - Canadian dollar to US dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to US dollar (USD) rates from different sources before making a conversion.

Use our CAD to USD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Loonie to Dollar currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the US dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs US dollar current value is to look the CAD/USD historic rate and change over a range of periods.

The following table looks at the change in the CAD to USD exchange rate over periods from the previous week back to the last 10 years.

DateCAD/USDChangePeriod
20 Jun 2025
0.7282
1.2% 2 Week
05 Apr 2025
0.7028
4.8% 3 Month
04 Jul 2024
0.7345
0.3% 1 Year
05 Jul 2020
0.7380
0.2% 5 Year
07 Jul 2015
0.7875
6.5% 10 Year
09 Jul 2005
0.8174
9.9% 20 Year
CAD/USD historic rates & change to 04-Jul-2025

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CAD/USD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more