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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) is currently facing headwinds due to sluggish progress in US-Canada trade negotiations. As the discussions between the two nations have stalled, analysts indicate that this uncertainty is dampening investor sentiment towards the loonie. On Monday, the CAD ticked lower, and upcoming data such as Canada's Ivey PMI could further influence its trajectory today, particularly if another contraction in economic activity is reported.

Recent developments have added complexity to the CAD outlook. The political landscape changed dramatically with the resignation of Prime Minister Justin Trudeau and the subsequent appointment of Mark Carney as Prime Minister. This transition coincides with rising trade tensions, exemplified by the U.S. imposing substantial tariffs on Canadian steel and aluminum, which prompted reciprocal tariffs from Canada. Such actions have injected volatility into the CAD's performance, as forecasters predict limited upside potential amid ongoing U.S. trade policy uncertainties.

The Bank of Canada’s decision to hold interest rates steady at 2.75% is a supportive factor. Higher interest rates typically attract foreign investment, strengthening the CAD. Coupled with recent fluctuations in oil prices, the CAD benefits from Canada’s status as a major oil exporter. Currently, oil prices are 2.5% above their three-month average, reflecting a highly volatile range that further impacts the loonie's value.

In terms of recent price data, the CAD/USD exchange rate is currently at 0.7323, just 0.9% above its three-month average but remains stable within a 3.0% range. Meanwhile, the CAD/EUR rate stands at 0.6257, 1.4% below its three-month average, and the CAD/GBP pair is performing near its three-month average at 0.5393. The CAD/JPY rate, however, is notably higher at 107.1, which is 2.2% above its average, capturing a stable trading range.

Ultimately, the CAD's future performance is contingent on the interplay between oil market trends, the Bank of Canada’s policy decisions, and broader economic developments. Traders should stay vigilant, especially with potential volatility arising from geopolitical tensions and evolving trade agreements that could further affect the loonie's trajectory.

 

Canadian dollar to US dollar - CAD/USD Trend

 
CAD to USD at 0.7323 is just 0.9% above its 3-month average of 0.7261, having traded in a very stable 3.0% range from 0.7152 to 0.7369
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Top CAD Rates


Canadian dollar to US dollar
CADUSD 90 day chart

CAD to USD at 0.7323 is just 0.9% above its 3-month average of 0.7261, having traded in a very stable 3.0% range from 0.7152 to 0.7369
CAD to USD
0.7301
+0.2%

US dollar to Canadian dollar
USDCAD 90 day chart

USD to CAD at 1.3656 is just 0.8% below its 3-month average of 1.3772, having traded in a very stable 3.0% range from 1.3571 to 1.3983
USD to CAD
1.3698
-0.2%

Canadian dollar to Euro
CADEUR 90 day chart

CAD to EUR at 0.6257 is 1.4% below its 3-month average of 0.6349, having traded in a very stable 4.0% range from 0.6207 to 0.6454
CAD to EUR
0.6250
+0.4%

Canadian dollar to Mexican peso
CADMXN 90 day chart

CAD to MXN at 13.62 is 2.7% below its 3-month average of 14, having traded in a relatively stable 7.7% range from 13.61 to 14.66
CAD to MXN
13.64
+0.1%
90d-lows

US dollar to Euro
USDEUR 90 day chart

USD to EUR is at 14-day highs near 0.8546, 2.3% below its 3-month average of 0.8744, having traded in a relatively stable 6.5% range from 0.8470 to 0.9019
USD to EUR
0.8560
+0.2%
14d-highs

Canadian dollar to Indian rupee
CADINR 90 day chart

CAD to INR at 62.78 is 1.0% above its 3-month average of 62.14, having traded in a quite stable 4.3% range from 60.79 to 63.38
CAD to INR
62.68
+0.2%

Canadian dollar to British pound
CADGBP 90 day chart

CAD to GBP is at 7-day highs near 0.5393, near its 3-month average, having traded in a very stable 3.8% range from 0.5315 to 0.5517
CAD to GBP
0.5390
+0.3%

Canadian dollar to Philippine peso
CADPHP 90 day chart

CAD to PHP is at 7-day lows near 41.36, 1.4% above its 3-month average of 40.79, having traded in a quite stable 5.3% range from 39.72 to 41.81
CAD to PHP
41.24

Canadian dollar to Australian dollar
CADAUD 90 day chart

CAD to AUD is at 30-day lows near 1.1106, 1.2% below its 3-month average of 1.1243, having traded in a very stable 3.5% range from 1.1089 to 1.1477
CAD to AUD
1.1089
-0.6%
30d-lows

Indian rupee to Canadian dollar
INRCAD 90 day chart

INR to CAD at 0.015928 is 1.0% below its 3-month average of 0.016096, having traded in a quite stable 4.3% range from 0.015779 to 0.016450
INR to CAD
0.015955
-0.2%

A-Z


Canadian dollar to Australian dollar
CADAUD 90 day chart

CAD to AUD is at 30-day lows near 1.1106, 1.2% below its 3-month average of 1.1243, having traded in a very stable 3.5% range from 1.1089 to 1.1477
CAD to AUD
1.1089
-0.6%
30d-lows

Canadian dollar to Brazilian real
CAD to BRL at 4.0523 is just 0.8% below its 3-month average of 4.0834, having traded in a relatively stable 6.3% range from 3.9826 to 4.2328
CAD to BRL
4.0396
-0.6%
14d-highs

Canadian dollar to Swiss franc
CADCHF 90 day chart

CAD to CHF at 0.5834 is 1.8% below its 3-month average of 0.5939, having traded in a quite stable 4.4% range from 0.5797 to 0.6050
CAD to CHF
0.5820
+0.5%
90d-lows

Canadian dollar to Chilean peso
CAD to CLP at 695.7 is 1.6% above its 3-month average of 685, having traded in a relatively stable 6.1% range from 669.7 to 710.7
CAD to CLP
693.60
+0.1%

Canadian dollar to Chinese yuan
CADCNY 90 day chart

CAD to CNY at 5.2543 is just above its 3-month average, having traded in a very stable 2.8% range from 5.1515 to 5.2951
CAD to CNY
5.2349
+0.2%

Canadian dollar to Czech Republic horuna
CADCZK 90 day chart

CAD to CZK at 15.41 is 2.4% below its 3-month average of 15.79, having traded in a quite stable 5.2% range from 15.32 to 16.12
CAD to CZK
15.41
+0.3%

Canadian dollar to Danish krone
CADDKK 90 day chart

CAD to DKK at 4.6682 is 1.5% below its 3-month average of 4.7375, having traded in a very stable 4.0% range from 4.6314 to 4.8148
CAD to DKK
4.6629
+0.4%

Canadian dollar to Euro
CADEUR 90 day chart

CAD to EUR at 0.6257 is 1.4% below its 3-month average of 0.6349, having traded in a very stable 4.0% range from 0.6207 to 0.6454
CAD to EUR
0.6250
+0.4%

Canadian dollar to British pound
CADGBP 90 day chart

CAD to GBP is at 7-day highs near 0.5393, near its 3-month average, having traded in a very stable 3.8% range from 0.5315 to 0.5517
CAD to GBP
0.5390
+0.3%

Canadian dollar to Hong Kong dollar
CADHKD 90 day chart

CAD to HKD at 5.7481 is 1.3% above its 3-month average of 5.6742, having traded in a quite stable 4.1% range from 5.5572 to 5.7842
CAD to HKD
5.7309
+0.2%

Canadian dollar to Israeli new sheqel
CADILS 90 day chart

CAD to ILS is at 90-day lows near 2.4279, 5.3% below its 3-month average of 2.5641, having traded in a quite volatile 10.5% range from 2.4279 to 2.6821
CAD to ILS
2.4222
90d-lows

Canadian dollar to Indian rupee
CADINR 90 day chart

CAD to INR at 62.78 is 1.0% above its 3-month average of 62.14, having traded in a quite stable 4.3% range from 60.79 to 63.38
CAD to INR
62.68
+0.2%

Canadian dollar to Japanese yen
CADJPY 90 day chart

CAD to JPY at 107.1 is 2.2% above its 3-month average of 104.8, having traded in a quite stable 5.4% range from 101.8 to 107.3
CAD to JPY
107.23
+0.2%
90d-highs

Canadian dollar to Mexican peso
CADMXN 90 day chart

CAD to MXN at 13.62 is 2.7% below its 3-month average of 14, having traded in a relatively stable 7.7% range from 13.61 to 14.66
CAD to MXN
13.64
+0.1%
90d-lows

Canadian dollar to Malaysian ringgit
CADMYR 90 day chart

CAD to MYR at 3.1103 is near its 3-month average, having traded in a quite stable 4.9% range from 3.0417 to 3.1904
CAD to MYR
3.1100
+0.2%

Canadian dollar to New Zealand dollar
CADNZD 90 day chart

CAD to NZD is at 7-day lows near 1.2120, near its 3-month average, having traded in a very stable 3.1% range from 1.2015 to 1.2388
CAD to NZD
1.2135
-0.5%

Canadian dollar to Philippine peso
CADPHP 90 day chart

CAD to PHP is at 7-day lows near 41.36, 1.4% above its 3-month average of 40.79, having traded in a quite stable 5.3% range from 39.72 to 41.81
CAD to PHP
41.24

Canadian dollar to Pakistani rupee
CADPKR 90 day chart

CAD to PKR at 208.4 is 1.7% above its 3-month average of 205, having traded in a quite stable 4.3% range from 200.9 to 209.5
CAD to PKR
207.78
+0.3%

Canadian dollar to Swedish krona
CADSEK 90 day chart

CAD to SEK at 6.9575 is just below its 3-month average, having traded in a very stable 2.8% range from 6.8822 to 7.0752
CAD to SEK
6.9494
+0.1%

Canadian dollar to Singapore dollar
CADSGD 90 day chart

CAD to SGD at 0.9368 is just below its 3-month average, having traded in a very stable 2.6% range from 0.9281 to 0.9519
CAD to SGD
0.9355
+0.1%

Canadian dollar to Thai baht
CADTHB 90 day chart

CAD to THB at 23.87 is near its 3-month average, having traded in a very stable 2.7% range from 23.60 to 24.24
CAD to THB
23.74

Canadian dollar to New Taiwan dollar
CADTWD 90 day chart

CAD to TWD is at 7-day highs near 21.43, 2.8% below its 3-month average of 22.04, having traded in a quite volatile 11.7% range from 21.11 to 23.59
CAD to TWD
21.34
+0.4%

Canadian dollar to US dollar
CADUSD 90 day chart

CAD to USD at 0.7323 is just 0.9% above its 3-month average of 0.7261, having traded in a very stable 3.0% range from 0.7152 to 0.7369
CAD to USD
0.7301
+0.2%

Canadian dollar to South African rand
CADZAR 90 day chart

CAD to ZAR at 12.99 is 1.3% below its 3-month average of 13.16, having traded in a relatively stable 7.1% range from 12.88 to 13.80
CAD to ZAR
12.98
-0.3%