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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.

 

Canadian dollar (CAD) Market Update

The Canadian dollar (CAD), commonly known as the "loonie," displayed mixed performance recently, as it managed to avoid losses despite a backdrop of declining oil prices. As a heavily commodity-linked currency, the CAD's movements are closely tied to fluctuations in oil prices, which are critical given Canada's status as a leading oil exporter. Analysts suggest that the CAD may be vulnerable to further weakening if crude prices continue their downward trend.

Recent data shows the CAD to USD exchange rate has reached 90-day highs near 0.7359, which is 2.5% above its three-month average of 0.7179. The currency has traded within a relatively stable 6.1% range from 0.6933 to 0.7359, signaling a robust phase for the 'loonie' against the greenback. The CAD to GBP exchange rate has risen to 30-day highs around 0.5424, aligning closely with its three-month average, while the CAD to JPY is reported at 106.0, representing a notable 1.7% increase above its three-month average.

In contrast, the CAD to EUR trade at 0.6371 is just below its three-month average, indicating a more stable performance in this pair, having fluctuated within a narrow 3.9% range. Market observers highlight that the CAD's resilience may come under pressure if oil prices continue to slide, with current oil trading near 90-day highs at 75.62, significantly above its three-month average of 67.03. The oil market has shown considerable volatility, trading within a substantial 25.7% range.

Looking ahead, the Canadian dollar's trajectory will likely depend on continued developments in oil prices, alongside monetary policy decisions from the Bank of Canada. Key indicators, such as inflation trends and economic growth, will also shape investor sentiment toward the CAD. As market analysts point out, the loonie's strong correlation with oil prices and its trading relationship with the United States necessitates close monitoring of both crude market movements and U.S. economic conditions to navigate future fluctuations effectively.

 

Canadian dollar to US dollar - CAD/USD Trend

 
CAD to USD is at 90-day highs near 0.7359, 2.5% above its 3-month average of 0.7179, having traded in a relatively stable 6.1% range from 0.6933 to 0.7359
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90d-highs
 
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Top CAD Rates


Canadian dollar to US dollar
CADUSD 90 day chart

CAD to USD is at 90-day highs near 0.7359, 2.5% above its 3-month average of 0.7179, having traded in a relatively stable 6.1% range from 0.6933 to 0.7359
CAD to USD
0.7375
90d-highs

US dollar to Canadian dollar
USDCAD 90 day chart

USD to CAD is at 90-day lows near 1.3589, 2.5% below its 3-month average of 1.3934, having traded in a relatively stable 6.1% range from 1.3589 to 1.4424
USD to CAD
1.3560
90d-lows

Canadian dollar to Euro
CADEUR 90 day chart

CAD to EUR at 0.6371 is just below its 3-month average, having traded in a very stable 3.9% range from 0.6275 to 0.6518
CAD to EUR
0.6371

Canadian dollar to Mexican peso
CADMXN 90 day chart

CAD to MXN at 13.95 is 1.2% below its 3-month average of 14.12, having traded in a quite stable 6.0% range from 13.83 to 14.66
CAD to MXN
13.93

US dollar to Euro
USDEUR 90 day chart

USD to EUR at 0.8658 is 2.8% below its 3-month average of 0.8911, having traded in a relatively stable 7.7% range from 0.8632 to 0.9299
USD to EUR
0.8638

Canadian dollar to Indian rupee
CADINR 90 day chart

CAD to INR is at 90-day highs near 63.38, 3.2% above its 3-month average of 61.42, having traded in a relatively stable 6.8% range from 59.37 to 63.38
CAD to INR
63.42
90d-highs

Canadian dollar to British pound
CADGBP 90 day chart

CAD to GBP is at 30-day highs near 0.5424, near its 3-month average, having traded in a very stable 3.3% range from 0.5360 to 0.5537
CAD to GBP
0.5430
30d-highs

Canadian dollar to Philippine peso
CADPHP 90 day chart

CAD to PHP is at 90-day highs near 41.27, 2.1% above its 3-month average of 40.43, having traded in a very stable 3.9% range from 39.72 to 41.27
CAD to PHP
41.63
90d-highs

Canadian dollar to Australian dollar
CADAUD 90 day chart

CAD to AUD at 1.1331 is just 0.7% above its 3-month average of 1.1255, having traded in a relatively stable 7.4% range from 1.0963 to 1.1770
CAD to AUD
1.1300

Indian rupee to Canadian dollar
INRCAD 90 day chart

INR to CAD is at 90-day lows near 0.015779, 3.1% below its 3-month average of 0.016287, having traded in a relatively stable 6.7% range from 0.015779 to 0.016843
INR to CAD
0.015767
90d-lows

A-Z


Canadian dollar to Australian dollar
CADAUD 90 day chart

CAD to AUD at 1.1331 is just 0.7% above its 3-month average of 1.1255, having traded in a relatively stable 7.4% range from 1.0963 to 1.1770
CAD to AUD
1.1300

Canadian dollar to Brazilian real
CAD to BRL is at 7-day highs near 4.0828, near its 3-month average, having traded in a relatively stable 7.3% range from 3.9430 to 4.2328
CAD to BRL
4.0681

Canadian dollar to Swiss franc
CADCHF 90 day chart

CAD to CHF at 0.5974 is just 0.5% below its 3-month average of 0.6006, having traded in a quite stable 6.0% range from 0.5846 to 0.6195
CAD to CHF
0.5982

Canadian dollar to Chilean peso
CAD to CLP is at 30-day highs near 689.9, 1.7% above its 3-month average of 678.6, having traded in a quite volatile 11.0% range from 640.4 to 710.7
CAD to CLP
690.59
30d-highs

Canadian dollar to Chinese yuan
CADCNY 90 day chart

CAD to CNY is at 30-day highs near 5.2850, 1.6% above its 3-month average of 5.2005, having traded in a quite stable 5.4% range from 5.0260 to 5.2951
CAD to CNY
5.2951
30d-highs

Canadian dollar to Czech Republic horuna
CADCZK 90 day chart

CAD to CZK at 15.82 is just 0.9% below its 3-month average of 15.96, having traded in a very stable 3.6% range from 15.70 to 16.26
CAD to CZK
15.79

Canadian dollar to Danish krone
CADDKK 90 day chart

CAD to DKK at 4.7520 is just below its 3-month average, having traded in a very stable 3.8% range from 4.6848 to 4.8626
CAD to DKK
4.7513

Canadian dollar to Euro
CADEUR 90 day chart

CAD to EUR at 0.6371 is just below its 3-month average, having traded in a very stable 3.9% range from 0.6275 to 0.6518
CAD to EUR
0.6371

Canadian dollar to British pound
CADGBP 90 day chart

CAD to GBP is at 30-day highs near 0.5424, near its 3-month average, having traded in a very stable 3.3% range from 0.5360 to 0.5537
CAD to GBP
0.5430
30d-highs

Canadian dollar to Hong Kong dollar
CADHKD 90 day chart

CAD to HKD is at 90-day highs near 5.7767, 3.2% above its 3-month average of 5.595, having traded in a relatively stable 7.2% range from 5.3905 to 5.7767
CAD to HKD
5.7890
90d-highs

Canadian dollar to Israeli new sheqel
CADILS 90 day chart

CAD to ILS is at 30-day highs near 2.6482, 1.9% above its 3-month average of 2.5981, having traded in a relatively stable 7.2% range from 2.5300 to 2.7125
CAD to ILS
2.5978
30d-highs

Canadian dollar to Indian rupee
CADINR 90 day chart

CAD to INR is at 90-day highs near 63.38, 3.2% above its 3-month average of 61.42, having traded in a relatively stable 6.8% range from 59.37 to 63.38
CAD to INR
63.42
90d-highs

Canadian dollar to Japanese yen
CADJPY 90 day chart

CAD to JPY at 106.0 is 1.7% above its 3-month average of 104.2, having traded in a quite stable 4.3% range from 101.8 to 106.2
CAD to JPY
106.33

Canadian dollar to Mexican peso
CADMXN 90 day chart

CAD to MXN at 13.95 is 1.2% below its 3-month average of 14.12, having traded in a quite stable 6.0% range from 13.83 to 14.66
CAD to MXN
13.93

Canadian dollar to Malaysian ringgit
CADMYR 90 day chart

CAD to MYR is at 30-day highs near 3.1247, just above its 3-month average, having traded in a quite stable 5.0% range from 3.0417 to 3.1952
CAD to MYR
3.1273
30d-highs

Canadian dollar to New Zealand dollar
CADNZD 90 day chart

CAD to NZD is at 14-day highs near 1.2229, just above its 3-month average, having traded in a quite stable 5.5% range from 1.2003 to 1.2668
CAD to NZD
1.2175
14d-highs

Canadian dollar to Philippine peso
CADPHP 90 day chart

CAD to PHP is at 90-day highs near 41.27, 2.1% above its 3-month average of 40.43, having traded in a very stable 3.9% range from 39.72 to 41.27
CAD to PHP
41.63
90d-highs

Canadian dollar to Pakistani rupee
CADPKR 90 day chart

CAD to PKR is at 90-day highs near 208.2, 3.1% above its 3-month average of 201.9, having traded in a relatively stable 7.5% range from 193.7 to 208.2
CAD to PKR
208.68
90d-highs

Canadian dollar to Swedish krona
CADSEK 90 day chart

CAD to SEK at 6.9754 is just below its 3-month average, having traded in a very stable 3.0% range from 6.8822 to 7.0866
CAD to SEK
6.9777

Canadian dollar to Singapore dollar
CADSGD 90 day chart

CAD to SGD at 0.9429 is just above its 3-month average, having traded in a very stable 3.0% range from 0.9245 to 0.9519
CAD to SGD
0.9438

Canadian dollar to Thai baht
CADTHB 90 day chart

CAD to THB at 23.83 is just below its 3-month average, having traded in a quite stable 5.2% range from 23.26 to 24.46
CAD to THB
23.93

Canadian dollar to New Taiwan dollar
CADTWD 90 day chart

CAD to TWD is at 14-day lows near 21.74, 3.5% below its 3-month average of 22.52, having traded in a quite volatile 11.7% range from 21.11 to 23.59
CAD to TWD
21.76
14d-lows

Canadian dollar to US dollar
CADUSD 90 day chart

CAD to USD is at 90-day highs near 0.7359, 2.5% above its 3-month average of 0.7179, having traded in a relatively stable 6.1% range from 0.6933 to 0.7359
CAD to USD
0.7375
90d-highs

Canadian dollar to South African rand
CADZAR 90 day chart

CAD to ZAR is at 30-day highs near 13.21, just above its 3-month average, having traded in a fairly volatile 9.9% range from 12.64 to 13.89
CAD to ZAR
13.10
30d-highs