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Canadian dollar Markets

CAD Currency Update - Our review of Canadian dollar forecasts and news plus charts and historic rates. Check CAD Trends over various time periods.

 

The Canadian dollar (CAD) has shown recent resilience, firming up as the Bank of Canada (BoC) implied it may pause further interest rate cuts. Analysts observed a rally in the CAD despite expectations of a rate reduction, suggesting a shift in market sentiment as the central bank indicated it may be finished with easing monetary policy. The combination of a softer U.S. dollar, driven by Federal Reserve remarks on potential rate cuts, has also provided support for the loonie.

However, the CAD faced some headwinds recently. Trade negotiations with the U.S.—particularly concerning sectors like steel, aluminum, and automotive—caused slight depreciation amid uncertainties. Furthermore, falling oil prices, which hit a five-month low due to global oversupply and ongoing U.S.-China trade tensions, have also pressured the currency, as Canada is heavily dependent on oil exports.

Current trading dynamics indicate that the CAD to USD is hovering near 14-day highs at approximately 0.7173, staying stable within a 2.3% range from 0.7115 to 0.7279. The CAD has similarly performed well against the Euro and the pound, currently resting at 30-day and 60-day highs near 0.6182 and 0.5437, respectively.

The oil market remains a critical factor for the CAD's future performance. WTI crude oil prices are currently at $64.92, about 2.2% below the three-month average, after experiencing a volatile trading range of 20.4%. Analysts expect that any significant movements in oil prices could lead to similar fluctuations in the Canadian dollar, underscoring the importance of monitoring both commodity trends and monetary policy shifts in driving the CAD's value. The interplay of these elements will be pivotal as the Canadian economy navigates through changing global economic landscapes.

 

Canadian dollar to US dollar - CAD/USD Trend

 
CAD to USD is at 14-day highs near 0.7173, just below its 3-month average, having traded in a very stable 2.3% range from 0.7115 to 0.7279
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14dHighs
1d0.0%
 
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Top CAD Rates


Canadian dollar to US dollar
CADUSD 90 day chart

CAD to USD is at 14-day highs near 0.7173, just below its 3-month average, having traded in a very stable 2.3% range from 0.7115 to 0.7279
CAD to USD
0.7150
14dHighs
1d0.0%

US dollar to Canadian dollar
USDCAD 90 day chart

USD to CAD is at 14-day lows near 1.3942, just above its 3-month average, having traded in a very stable 2.3% range from 1.3738 to 1.4055
USD to CAD
1.3986
14dLows
1d0.0%

Canadian dollar to Euro
CADEUR 90 day chart

CAD to EUR is at 30-day highs near 0.6182, near its 3-month average, having traded in a quite stable 4.2% range from 0.6087 to 0.6340
CAD to EUR
0.6182
30dHighs
1d+0.5%

Canadian dollar to Mexican peso
CADMXN 90 day chart

CAD to MXN at 13.25 is just 0.9% below its 3-month average of 13.37, having traded in a quite stable 4.7% range from 13.10 to 13.71
CAD to MXN
13.26
14dHighs
1d+0.3%

US dollar to Euro
USDEUR 90 day chart

USD to EUR is at 14-day highs near 0.8621, just 0.6% above its 3-month average of 0.8568, having traded in a quite stable 4.1% range from 0.8426 to 0.8768
USD to EUR
0.8646
14dHighs
1d+0.4%

Canadian dollar to Indian rupee
CADINR 90 day chart

CAD to INR is at 14-day highs near 63.40, near its 3-month average, having traded in a very stable 2.6% range from 62.54 to 64.19
CAD to INR
63.37
14dHighs
1d+0.2%

Canadian dollar to British pound
CADGBP 90 day chart

CAD to GBP is at 60-day highs near 0.5437, 1.3% above its 3-month average of 0.5365, having traded in a very stable 3.2% range from 0.5296 to 0.5465
CAD to GBP
0.5438
60dHighs
1d+0.6%

Canadian dollar to Philippine peso
CADPHP 90 day chart

CAD to PHP at 42.12 is 1.5% above its 3-month average of 41.49, having traded in a very stable 3.8% range from 40.83 to 42.38
CAD to PHP
42.08
90dHighs
1d−0.6%

Canadian dollar to Australian dollar
CADAUD 90 day chart

CAD to AUD at 1.0905 is 1.0% below its 3-month average of 1.1019, having traded in a very stable 3.7% range from 1.0837 to 1.1238
CAD to AUD
1.0915
14dLows
1d+0.1%

Indian rupee to Canadian dollar
INRCAD 90 day chart

INR to CAD at 0.015781 is near its 3-month average, having traded in a very stable 2.6% range from 0.015579 to 0.015989
INR to CAD
0.015779
14dLows
1d−0.2%

A-Z


Canadian dollar to Australian dollar
CADAUD 90 day chart

CAD to AUD at 1.0905 is 1.0% below its 3-month average of 1.1019, having traded in a very stable 3.7% range from 1.0837 to 1.1238
CAD to AUD
1.0915
14dLows
1d+0.1%

Canadian dollar to Brazilian real
CAD to BRL at 3.8431 is 1.4% below its 3-month average of 3.8961, having traded in a relatively stable 6.1% range from 3.8104 to 4.0423
CAD to BRL
3.8469
1d0.0%

Canadian dollar to Swiss franc
CADCHF 90 day chart

CAD to CHF is at 14-day highs near 0.5740, just below its 3-month average, having traded in a quite stable 4.5% range from 0.5641 to 0.5896
CAD to CHF
0.5734
14dHighs
1d+0.9%

Canadian dollar to Chilean peso
CAD to CLP at 676.7 is 2.2% below its 3-month average of 691.6, having traded in a quite stable 5.4% range from 672.0 to 708.1
CAD to CLP
674.01
90dLows
1d+0.1%

Canadian dollar to Chinese yuan
CADCNY 90 day chart

CAD to CNY is at 14-day highs near 5.0923, 1.1% below its 3-month average of 5.1467, having traded in a very stable 3.3% range from 5.0687 to 5.2341
CAD to CNY
5.0841
14dHighs
1d0.0%

Canadian dollar to Czech Republic horuna
CADCZK 90 day chart

CAD to CZK is at 30-day highs near 15.07, near its 3-month average, having traded in a quite stable 5.3% range from 14.79 to 15.58
CAD to CZK
15.05
30dHighs
1d+0.7%

Canadian dollar to Danish krone
CADDKK 90 day chart

CAD to DKK is at 30-day highs near 4.6172, near its 3-month average, having traded in a quite stable 4.1% range from 4.5467 to 4.7319
CAD to DKK
4.6161
30dHighs
1d+0.5%

Canadian dollar to Euro
CADEUR 90 day chart

CAD to EUR is at 30-day highs near 0.6182, near its 3-month average, having traded in a quite stable 4.2% range from 0.6087 to 0.6340
CAD to EUR
0.6182
30dHighs
1d+0.5%

Canadian dollar to British pound
CADGBP 90 day chart

CAD to GBP is at 60-day highs near 0.5437, 1.3% above its 3-month average of 0.5365, having traded in a very stable 3.2% range from 0.5296 to 0.5465
CAD to GBP
0.5438
60dHighs
1d+0.6%

Canadian dollar to Hong Kong dollar
CADHKD 90 day chart

CAD to HKD is at 14-day highs near 5.5739, just 0.8% below its 3-month average of 5.6196, having traded in a very stable 3.3% range from 5.5289 to 5.7128
CAD to HKD
5.5558
14dHighs
1d0.0%

Canadian dollar to Israeli new sheqel
CADILS 90 day chart

CAD to ILS at 2.3320 is 3.2% below its 3-month average of 2.408, having traded in a relatively stable 7.9% range from 2.3266 to 2.5106
CAD to ILS
2.3275
90dLows
1d−0.2%

Canadian dollar to Indian rupee
CADINR 90 day chart

CAD to INR is at 14-day highs near 63.40, near its 3-month average, having traded in a very stable 2.6% range from 62.54 to 64.19
CAD to INR
63.37
14dHighs
1d+0.2%

Canadian dollar to Japanese yen
CADJPY 90 day chart

CAD to JPY is at 90-day highs near 109.6, 2.1% above its 3-month average of 107.3, having traded in a very stable 4.0% range from 105.4 to 109.6
CAD to JPY
110.16
90dHighs
1d+0.5%

Canadian dollar to Mexican peso
CADMXN 90 day chart

CAD to MXN at 13.25 is just 0.9% below its 3-month average of 13.37, having traded in a quite stable 4.7% range from 13.10 to 13.71
CAD to MXN
13.26
14dHighs
1d+0.3%

Canadian dollar to Malaysian ringgit
CADMYR 90 day chart

CAD to MYR at 3.0053 is 1.2% below its 3-month average of 3.0418, having traded in a very stable 3.4% range from 3.0034 to 3.1044
CAD to MYR
3.0013
90dLows
1d−0.1%

Canadian dollar to New Zealand dollar
CADNZD 90 day chart

CAD to NZD is at 7-day highs near 1.2449, 1.0% above its 3-month average of 1.2321, having traded in a very stable 3.2% range from 1.2094 to 1.2475
CAD to NZD
1.2458
1d+0.3%

Canadian dollar to Philippine peso
CADPHP 90 day chart

CAD to PHP at 42.12 is 1.5% above its 3-month average of 41.49, having traded in a very stable 3.8% range from 40.83 to 42.38
CAD to PHP
42.08
90dHighs
1d−0.6%

Canadian dollar to Pakistani rupee
CADPKR 90 day chart

CAD to PKR is at 14-day highs near 202.5, just 0.6% below its 3-month average of 203.8, having traded in a very stable 3.1% range from 200.2 to 206.4
CAD to PKR
200.85
14dHighs
1d0.0%

Canadian dollar to Swedish krona
CADSEK 90 day chart

CAD to SEK is at 14-day highs near 6.7522, 1.1% below its 3-month average of 6.8215, having traded in a quite stable 5.6% range from 6.7037 to 7.0824
CAD to SEK
6.7497
14dHighs
1d+0.4%

Canadian dollar to Singapore dollar
CADSGD 90 day chart

CAD to SGD is at 30-day highs near 0.9305, near its 3-month average, having traded in a stable 1.8% range from 0.9206 to 0.9373
CAD to SGD
0.9297
30dHighs
1d+0.3%

Canadian dollar to Thai baht
CADTHB 90 day chart

CAD to THB at 23.24 is just below its 3-month average, having traded in a very stable 3.6% range from 22.82 to 23.65
CAD to THB
23.13
1d+0.2%

Canadian dollar to New Taiwan dollar
CADTWD 90 day chart

CAD to TWD at 22.01 is just 0.5% above its 3-month average of 21.89, having traded in a very stable 3.6% range from 21.53 to 22.31
CAD to TWD
21.96
1d+0.5%

Canadian dollar to US dollar
CADUSD 90 day chart

CAD to USD is at 14-day highs near 0.7173, just below its 3-month average, having traded in a very stable 2.3% range from 0.7115 to 0.7279
CAD to USD
0.7150
14dHighs
1d0.0%

Canadian dollar to South African rand
CADZAR 90 day chart

CAD to ZAR at 12.32 is 2.2% below its 3-month average of 12.6, having traded in a relatively stable 7.3% range from 12.27 to 13.16
CAD to ZAR
12.36
1d+0.2%