Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

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 Canadian dollar (CAD) has recently faced downward pressure largely due to slow progress in US-Canada trade negotiations. Analysts have noted that concerns surrounding trade discussions are impeding the CAD's performance. In the wake of potential trade tensions and limited economic activity, sighted economic indicators like Canada’s Ivey PMI may further impact the ‘loonie’ negatively.

On the other hand, the US dollar (USD) has experienced a recent uptrend, bolstered by safe-haven flows following a trimming of Federal Reserve interest rate cut expectations. Remarks from the Trump administration suggesting new trade deals may have also played a role in strengthening the USD. Should investor expectations not meet reality regarding these trade agreements, there could be a potential pullback for the USD.

The outlook for the CAD remains intertwined with several factors. Political changes, such as Prime Minister Justin Trudeau's resignation and Mark Carney's new leadership, have introduced an element of uncertainty. Furthermore, retaliatory trade tariffs imposed by the U.S. continue to weigh heavily on CAD's performance by complicating trade relations. Economists have indicated that while the CAD may see some support from pausing interest rate cuts by the Bank of Canada, the ongoing trade policy uncertainty limits upside potential.

Oil prices, an essential contributor to CAD valuation due to Canada’s status as a significant oil exporter, have recently trended higher, with current prices at $69.58—4.1% above its three-month average. This uptick in oil prices has provided some buoyancy to the CAD. It's critical to remember that fluctuations in oil prices dramatically affect the Canadian economy, thereby impacting the loonie's strength.

As it stands, the CAD/USD exchange rate hovering around 0.7319 is only marginally above its three-month average of 0.7254. This performance demonstrates a stable range over the past months, affected by both commodity price movements and the broader economic landscape. Market experts suggest that unless there are significant shifts in trade relations, monetary policy revisions, or oil price volatility, the CAD may continue to fluctuate within its recent range.

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 =
0.7324We compare provider deals to this wholesale mid-market rate. Read more
USD
-0.4%
CAD to USD at 0.7319 is just 0.9% above its 3-month average of 0.7254, having traded in a quite stable 5.1% range from 0.7011 to 0.7369
|
Tracker

Manage Tracker   


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
24 Jun 2025
0.7285
0.6% 2 Week
09 Apr 2025
0.7089
3.4% 3 Month
08 Jul 2024
0.7337
0.1% 1 Year
09 Jul 2020
0.7363
0.5% 5 Year
11 Jul 2015
0.7894
7.2% 10 Year
13 Jul 2005
0.8292
11.6% 20 Year
CAD/USD historic rates & change to 08-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.

 
Track Rate
 

Manage Tracker   

 

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