Best CAD to USD Exchange Rates - Compare & Save

In this Canadian dollar to US dollar guide:

1 CAD = USD

CAD to USD at 0.7785 is just below its 90-day average 0.7823 with range 0.7664-0.8007.

05-JUL 2AM-NY 7AM-LON 2PM-HK 4PM-SYD

Sell CAD → Buy USD

Track Rate

1 USD = 1.2846 CAD

14-DAY▲HIGH

The Ukrainian crisis and the risk on-off market are pushing the Canadian dollar rate up and down in a range around 0.7850 to the US dollar (1 USD = 1.27 CAD).

Volatile oil prices due to the Russian invasion of Ukraine have lead analysts to predict large price movements to continue for the Canadian Dollar.

USD-CAD Forecasts

Date	CAD/USD	Change	Period
20 Jun 2022	0.7702	1% ▲	2 Week
05 Apr 2022	0.8010	2.9% ▼	3 Month
04 Jul 2021	0.8110	4.1% ▼	1 Year
05 Jul 2017	0.7715	0.8% ▲	5 Year
06 Jul 2012	0.9829	20.9% ▼	10 Year
09 Jul 2002	0.6596	17.9% ▲	20 Year

CAD/USD change over periods to 04-Jul-2022

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.

Compare Transfer Rates : Send C$10,000 CAD → Receive USD

Provider	Receive USD	CAD/USD Rate	Cost
OFX Trusted brand in Foreign Exchange. Online & Phone. Helpful Dealers & support. Lock in an Exchange Rate with Spot & Forward Deals. See more	10,000 CAD = 7,746 USD Up to 355 USD more 0.5% See more	0.7746	0.5%	Visit OFX Best Value BER 0.5% Special Rate
Royal Bank of Canada RBC's profit margin is generally 4 - 8% depending on currencies and amounts. See more	10,000 CAD = 7,602 USD Get $144 less 2.36% See more	0.7613	2.36%	Compare Rate
Xoom Xoom offers a fast way to send money, reload phones, and pay bills around the world. Xoom is owned by PayPal. See more	10,000 CAD = 7,590 USD Get $156 less 2.5% See more	0.759	2.5%	Compare Rate
Scotiabank Scotiabank's profit margin is generally 4 - 8% depending on currencies and amounts. See more	10,000 CAD = 7,576 USD Get $170 less 2.68% See more	0.7578	2.68%	Compare Rate
HSBC HSBC's profit margin is generally 2.5%-7% depending on currencies and amounts. See more	10,000 CAD = 7,575 USD Get $171 less 2.7% See more	0.759	2.7%	Compare Rate
TD Bank TD's profit margin is generally 4 - 8% depending on currencies and amounts. See more	10,000 CAD = 7,544 USD Get $202 less 3.09% See more	0.7561	3.09%	Compare Rate
SHOW ALL	10,000 CAD = 7,503 USD Get $243 less 3.63%	0.7518	3.63%	Average Bank Rate
Bank of Montreal BMO's profit margin is around 4 - 8% depending on amounts and currencies. See more	10,000 CAD = 7,502 USD Get $244 less 3.64% See more	0.7513	3.64%	Compare Rate
Chase Bank Chase Bank's FX wire margin is generally 3.5% - 8.0% depending on currencies and amounts. See more	10,000 CAD = 7,498 USD Get $248 less 3.69% See more	0.7498	3.69%	Compare Rate
Desjardins Desjardins's profit margin is generally 4 - 8% depending on currencies and amounts. See more	10,000 CAD = 7,487 USD Get $259 less 3.83% See more	0.7498	3.83%	Compare Rate
Paypal The cost of sending money with PayPal is a fixed percentage (between 4 to 7 percent) of the amount being sent. See more	10,000 CAD = 7,458 USD Get $288 less 4.2% See more	0.7458	4.2%	Compare Rate
Coast Capital Savings See more	10,000 CAD = 7,431 USD Get $315 less 4.55% See more	0.7506	4.55%	Compare Rate
Citibank Citibank's profit margin is generally 3 - 7% depending on currencies and amounts. See more	10,000 CAD = 7,420 USD Get $326 less 4.69% See more	0.7429	4.69%	Compare Rate
CIBC CIBC's profit margin is generally 4 - 8% depending on currencies and amounts. See more	10,000 CAD = 7,391 USD Get $355 less 5.06% See more	0.7391	5.06%	Compare Rate

Cost % is Provider Rate Margin vs Mid-rate + Fees

CAD/USD=0.7785

14-DAY▲HIGH

My Rates

Transfers - Canada to United States

CAD to USD - Travel & Spend

CAD/USD Mid-rate Calculator

* This table compares FX rates & fees of selected FX specialists and banks for CAD to USD International Money Transfers. Providers must be well established, reputable and regulated in Canada with FINTRAC. We DO NOT compare every provider in the market. We may receive referral fees if you choose one of these providers however this will not affect the savings, exchange rates or fees you are charged by the provider.

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!

Country Guides - Canadian dollar & US dollar

United States (USD)

Canada (CAD)

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

Generally speaking, if you are buying US dollar with Canadian dollar, then it's good for the CAD/USD exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to the United States.

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.

Manage 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.

Related exchange rates

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Provider	OFX
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,746
Exchange Rate	1CAD = 0.7746 USD (1USD = 1.2910CAD)
Rate Margin	0.5%
Other Fees	C$0
Total Cost (Rate Margin + Fees)	0.5%
Transfer Speed	1-2 days
Rate Retrieved	06:00 Local - BER

Provider	Royal Bank of Canada
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,602
Exchange Rate	1CAD = 0.7613 USD (1USD = 1.3135CAD)
Rate Margin	2.21%
Other Fees	C$15
Total Cost (Rate Margin + Fees)	2.36%
Difference	Get $144 USD less than withOFX
Transfer Speed	2-3 days
BER Rating	1/5.0
Rate Retrieved	2022-07-05T06:00:05+0000

Provider	Xoom
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,590
Exchange Rate	1CAD = 0.7590 USD (1USD = 1.3175CAD)
Rate Margin	2.5%
Total Cost (Rate Margin + Fees)	2.5%
Difference	Get $156 USD less than withOFX
Transfer Speed	1-2 days
BER Rating	4.2/5.0
Rate Retrieved	06:00 Local - BER

Provider	Scotiabank
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,576
Exchange Rate	1CAD = 0.7578 USD (1USD = 1.3196CAD)
Rate Margin	2.66%
Other Fees	C$1.99
Total Cost (Rate Margin + Fees)	2.68%
Difference	Get $170 USD less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	2022-07-05T06:00:04+0000

Provider	HSBC
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,575
Exchange Rate	1CAD = 0.7590 USD (1USD = 1.3175CAD)
Rate Margin	2.5%
Other Fees	C$20
Total Cost (Rate Margin + Fees)	2.7%
Difference	Get $171 USD less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	06:00 Local - BER

Provider	TD Bank
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,544
Exchange Rate	1CAD = 0.7561 USD (1USD = 1.3226CAD)
Rate Margin	2.88%
Other Fees	C$22
Total Cost (Rate Margin + Fees)	3.09%
Difference	Get $202 USD less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	2022-07-05T06:00:05+0000

Provider	Comparison Rate
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,503
Exchange Rate	1CAD = 0.7582 USD (1USD = 1.3189CAD)
Rate Margin	2.61%
Total Cost (Rate Margin + Fees)	3.63%
Difference	Get $243 USD less than withOFX

Provider	Bank of Montreal
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,502
Exchange Rate	1CAD = 0.7513 USD (1USD = 1.3310CAD)
Rate Margin	3.49%
Other Fees	C$15
Total Cost (Rate Margin + Fees)	3.64%
Difference	Get $244 USD less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	06:00 Local - BER

Provider	Chase Bank
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,498
Exchange Rate	1CAD = 0.7498 USD (1USD = 1.3337CAD)
Rate Margin	3.69%
Other Fees	C$0
Total Cost (Rate Margin + Fees)	3.69%
Difference	Get $248 USD less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	06:00 Local - BER

Provider	Desjardins
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,487
Exchange Rate	1CAD = 0.7498 USD (1USD = 1.3337CAD)
Rate Margin	3.69%
Other Fees	C$15
Total Cost (Rate Margin + Fees)	3.83%
Difference	Get $259 USD less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	06:00 Local - BER

Provider	Paypal
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,458
Exchange Rate	1CAD = 0.7458 USD (1USD = 1.3408CAD)
Rate Margin	4.2%
Other Fees	C$0
Total Cost (Rate Margin + Fees)	4.2%
Difference	Get $288 USD less than withOFX
Transfer Speed	1-2 days
BER Rating	2/5.0
Rate Retrieved	06:00 Local - BER

Provider	Coast Capital Savings
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,431
Exchange Rate	1CAD = 0.7506 USD (1USD = 1.3323CAD)
Rate Margin	3.58%
Other Fees	C$100.00 CAD (1%)
Total Cost (Rate Margin + Fees)	4.55%
Difference	Get $315 USD less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	06:00 Local - BER

Provider	Citibank
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,420
Exchange Rate	1CAD = 0.7429 USD (1USD = 1.3461CAD)
Rate Margin	4.57%
Other Fees	C$12
Total Cost (Rate Margin + Fees)	4.69%
Difference	Get $326 USD less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	06:00 Local - BER

Provider	CIBC
FX Type	Foreign Transfer CAD→USD
From Amount (CAD)	C$10,000
To Amount (USD)	$7,391
Exchange Rate	1CAD = 0.7391 USD (1USD = 1.3530CAD)
Rate Margin	5.06%
Other Fees	C$0
Total Cost (Rate Margin + Fees)	5.06%
Difference	Get $355 USD less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	06:00 Local - BER

CAD to USD Exchange Rates

CAD to USD - Compare & Save

Multi-Vendor Quote

Country Guides - Canadian dollar & US dollar

How to get a good CAD to USD Exchange Rate

Reduce Excessive costs and fees

Will the Canadian dollar rise against the US dollar?

Related exchange rates