Loading...
Best Exchange Rates

Home pages - full list (A-Z)

CAD to USD - Compare Exchange Rates

Canadian Dollar to United States Dollar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

Compare CAD/USD Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from CAD to USD. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive USD($)Exchange RateFee CADTotal CostTransfer ServicesTransfer SpeedDeal Links
 
WorldFirst logo
7,536 USD
Best Overall
0.753600.4%Bank Transfers - Online & Phone1-2 days
 
OFX logo
7,491 USD
45 USD less
0.74910^0.99%Bank Transfers - Online & Phone1-2 days
HSBC logo
7,332.98 USD
203 USD less
0.7344$153.08%Online, Branch, Bank Transfers2-3 days
Coast Capital Savings logo
7,278.48 USD
258 USD less
0.7352$1003.8%Online, Branch, Bank Transfers2-3 days
Scotiabank logo
7,270.56 USD
265 USD less
0.7344$1003.9%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo
7,257 USD
279 USD less
0.7317154.09%Online, Branch, Bank Transfers2-3 days
TD Canada Trust logo
7,205.22 USD
331 USD less
0.7278$1004.77%Online, Branch, Bank Transfers2-3 days
 
Royal Bank of Canada logo
7,196.31 USD
340 USD less
0.7269$1004.89%Online, Branch, Bank Transfers2-3 days
WorldFirst: Foreign Transfer CAD→USD
CAD amount:$10,000 CAD
Fee:
Exchange Rate:0.7536 (0.4% from mid-rate)
USD amount:7,536 USD
Total Cost:0.4%
Time:12:13 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer CAD→USD
CAD amount:$10,000 CAD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:0.7491 (0.99% from mid-rate)
USD amount:7,491 USD
Total Cost:0.99%
Difference:
45 USD less than using WorldFirst
Time:
Rate Fetched: Fri Feb 22 2019 10:04:36 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
HSBC: Foreign Transfer CAD→USD
CAD amount:$10,000 CAD
Fee:$15 CAD (.15%)
Exchange Rate:0.7344 (2.93% from mid-rate)
USD amount:7,332.98 USD
Total Cost:3.08%
Difference:
203 USD less than using WorldFirst
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Coast Capital Savings: Foreign Transfer CAD→USD
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:0.7352 (2.83% from mid-rate)
USD amount:7,278.48 USD
Total Cost:3.8%
Difference:
258 USD less than using WorldFirst
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Scotiabank: Foreign Transfer CAD→USD
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:0.7344 (2.93% from mid-rate)
USD amount:7,270.56 USD
Total Cost:3.9%
Difference:
265 USD less than using WorldFirst
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo

Foreign Transfer CAD→USD
CAD amount:$10,000 CAD
Fee:15
Exchange Rate:0.7188 (5% from mid-rate)
USD amount:7,257 USD
Total Cost:4.09%
Difference:
279 USD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
TD Canada Trust: Foreign Transfer CAD→USD
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:0.7278 (3.81% from mid-rate)
USD amount:7,205.22 USD
Total Cost:4.77%
Difference:
331 USD less than using WorldFirst
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Royal Bank of Canada: Foreign Transfer CAD→USD
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:0.7269 (3.93% from mid-rate)
USD amount:7,196.31 USD
Total Cost:4.89%
Difference:
340 USD less than using WorldFirst
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in Canada with FINTRAC. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/22/2019

The below table shows a snapshot of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money Providers
Ratings & Reviews
Amount USD($)Exchange RateFee CADTotal CostCurrency ServicesDelivery/CollectDeal Links
 
Travelex Online CA logo
730.10 USD
Best Overall
0.7301$03.5%Online order, Branch pickup, Home delivery2-3 days
 
Royal Bank of Canada logo
714.10 USD
16 USD less
0.714105.62%Branch-
TD Canada Trust logo
706.80 USD
23 USD less
0.706806.58%Branch-
Banks - Average Rate
Scotiabank logo Royal Bank of Canada logo TD Canada Trust logo
704.98 USD
25 USD less
0.7097$106.82%Branch-
Scotiabank logo
694.04 USD
36 USD less
0.7082$208.27%Branch-
Travelex Online CA: Travel Money CAD→USD
CAD amount:$1,000 CAD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.7301 (3.5% from mid-rate)
USD amount:730.10 USD
Total Cost:3.5%
Time:
Rate Fetched: 12:13 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
Royal Bank of Canada: Travel Money CAD→USD
CAD amount:$1,000 CAD
Fee:
Exchange Rate:0.7141 (5.62% from mid-rate)
USD amount:714.10 USD
Total Cost:5.62%
Time:12:13 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
TD Canada Trust: Travel Money CAD→USD
CAD amount:$1,000 CAD
Fee:
Exchange Rate:0.7068 (6.58% from mid-rate)
USD amount:706.80 USD
Total Cost:6.58%
Time:12:13 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Scotiabank logo Royal Bank of Canada logo TD Canada Trust logo

Travel Money CAD→USD
CAD amount:$1,000 CAD
Fee:$10 CAD (1%)
Exchange Rate:0.6620 (12.5% from mid-rate)
USD amount:704.98 USD
Total Cost:6.82%
Currency Services:Branch
Delivery/Collect:-
Scotiabank: Travel Money CAD→USD
CAD amount:$1,000 CAD
Fee:$20 CAD (Minimum fee)
Exchange Rate:0.7082 (6.4% from mid-rate)
USD amount:694.04 USD
Total Cost:8.27%
Time:12:13 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in Canada with FINTRAC. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/22/2019

CAD to USD mid-rate = 0.7584

Right now the CAD/USD market mid-rate is 0.7584 and represents ideally how many United States Dollar you can get for one Canadian Dollar.

This CAD/USD Converter calculates equivalent Canadian Dollar to United States Dollar amounts at the market mid-rate:

CAD / USD mid-rate converter


$CAD


$USD
1 Canadian Dollar equals
0.7584 United States Dollar

Compare how much you can save on
CAD/USD exchange rates for:

Foreign Transfers Travel Cash/Cards

 
 
1 Week CAD to USD Chart
Loading CAD/USD rates

Canadian Dollar

United States Dollar

1 CAD 0.7584 USD
5 CAD 3.7920 USD
10 CAD 7.5840 USD
20 CAD 15.17 USD
50 CAD 37.92 USD
100 CAD 75.84 USD
250 CAD 189.60 USD
500 CAD 379.20 USD
1,000 CAD 758.40 USD
2,000 CAD 1,516.80 USD
5,000 CAD 3,792.00 USD
10,000 CAD 7,584.00 USD
50,000 CAD 37,920.00 USD
100,000 CAD 75,840.00 USD
See more

Canadian Dollar

United States Dollar

1.3186 CAD 1 USD
6.5930 CAD 5 USD
13.19 CAD 10 USD
26.37 CAD 20 USD
65.93 CAD 50 USD
131.86 CAD 100 USD
329.65 CAD 250 USD
659.30 CAD 500 USD
1,318.60 CAD 1,000 USD
2,637.20 CAD 2,000 USD
6,593.00 CAD 5,000 USD
13,186.00 CAD 10,000 USD
65,930.00 CAD 50,000 USD
131,860.00 CAD 100,000 USD
See more

USD Country Guides
United StatesUnited StatesEast TimorEast TimorEcuadorEcuador
El SalvadorEl SalvadorBritish Virgin IslandsBritish Virgin IslandsUS Virgin IslandsUS Virgin Islands
Caribbean NetherlandsCaribbean NetherlandsTurks And Caicos IslandsTurks And Caicos IslandsZimbabweZimbabwe

Canadian Dollar to United States Dollar (CAD-USD) - 10 Year History

The below table shows the historic variation in the CAD/USD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of CAD versus other currencies : CAD historical charts.

DateExchange RatePeriodChange
22 Feb 20190.7584Latest
15 Feb 20190.75501 Week+0.45%
23 Jan 20190.74941 Month+1.2%
26 Aug 20180.76866 Months-1.33%
22 Feb 20180.78651 Year-3.57%
22 Feb 20170.75962 Years-0.16%
23 Feb 20140.90035 Years-15.76%
24 Feb 20090.801710 Years-5.4%

Why can't I just get the CAD/USD market rate I see on Google or in the Media?

The CAD/USD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the CAD / USD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market CAD/USD midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good CAD to USD exchange rate

  1. Know the latest CAD/USD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Canadian Dollar and United States Dollar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the CAD vs USD, you should pay attention to both Canadian Dollar and United States Dollar news and forecasts.

Canadian Dollar (CAD) - Market news and forecasts

7-February-19: January was a fantastic month for the Canadian dollar. A gain of 4 percent relative to the US dollar took USD/CAD away from 19-month highs near C$1.365 into the low C$1.31s.

A recovery in the oil market has played a big part in the loonie’s 2019 recovery. By the time of this report, oil had gained nearly $12 per barrel, or 23 percent, on 2018 lows. The price of oil remains vital to Canada’s economy; it had fallen by as much as 40 percent in the October-December period.

Going forward, risks to the Canadian dollar include, of course, oil, and the return of global trade tensions.

Towards the end of 2018, Goldman Sachs predicted a strong energy market rebound in 2019 — more so than has already been realised — and this would underpin Canada’s currency.

In February, Westpac reaffirmed its view that the Canadian dollar would be an outperformer in 2019. Canada’s growth picture is more secure than those of the eurozone, UK or Australia, Westpac believes, and as a result, the Bank of Canada will be more hawkish this year relative to other G10 central banks, driving CAD appreciation.

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

Currency News and Forecasts - Canadian Dollar

China’s Ant Financial Acquires WorldFirst
Euro Struggles on Increased Recession Risk; Rand Outlook Worsens After ...
Australian Dollar, Canadian Dollar to Outperform; Yuan at 5-Month High
USD Nears Peak; Oil Rebound to Send CAD Higher, INR to Record Low
Undervalued Australian Dollar Higher in 2019 (CIBC); Franc, Yen at Multi-...
US Dollar Posts Worst Day in 7 Weeks After Fed Cuts Interest Rate Forecasts