Best CAD to USD Exchange Rates - Compare Providers & Save

In this Canadian dollar to US dollar guide:

1 CAD = USD

Sell CAD → Buy USD

90-DAY▲HIGH

CAD to USD at 0.8096 has risen 1.9% above its 90-day average, range 0.7793-0.8096.

20-OCT 6AM-NY 11AM-LON 6PM-HK 9PM-SYD

1 USD =

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CAD/USD was	Change	Period
0.7947 05 Oct 2021	1.7% ▲	2 Weeks
0.7954 21 Jul 2021	1.7% ▲	90 Days
0.7581 19 Oct 2020	6.7% ▲	1 Year
0.7574 20 Oct 2016	6.8% ▲	5 Years
0.9909 22 Oct 2011	18.4% ▼	10 Years
0.6353 24 Oct 2001	27.3% ▲	20 Years

CAD/USD change over periods to 19-Oct-2021

Into October, broader risk sentiment is driving direction for commodity currencies like the loonie. If the global equity volatility eases, we could see domestic data take the front seat in driving the currency direction.

OFX predict the USDCAD pair could trade between 1.24 – 1.29 CAD in October.

USD-CAD Outlook

90-DAY▲HIGH

CAD to USD - Compare & Save

The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

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Provider	Amounts	Rate	Cost

Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest CAD to USD Exchange Rate (shown above) or a transaction fee and often both!

How to get a good CAD to USD Exchange Rate

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

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.

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

Will the Canadian dollar rise against the US dollar?

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 BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

View My Rates

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.