Best CAD to USD Exchange Rates - Compare Providers & Save

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C$1,000 CAD
=
U$738.91 USD

^*Converted at interbank exchange rate, scroll down to compare foreign transfer and spend/travel exchange rates.

What's in this CAD to USD guide?

Latest rate & 90-day trend
Quick conversion amounts
Comparing provider rates
Foreign transfer rates
Travel money rates
Market news & forecasts
How to get best rates
Historic rates

Latest interbank exchange rate:

1 CAD = 0.7389 USD

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CAD to USD 90-day trend

7-DAY▲3.4%

CAD/USD at 0.7393 was trading 2.6% above AVG:0.7203 with LO:0.6891 and HI:0.7561 (90 days). ALERT: CAD/USD is UP 3.4% this 7-DAY period.

03-JUN 6AM-NY 11AM-LON 6PM-HK 8PM-SYD

Convert CAD to USD ⚇ More Charts

Canadian Dollar to US Dollar - Quick Conversions

CAD	USD
C$ 1	U$ 0.7389
C$ 5	U$ 3.6945
C$ 10	U$ 7.3890
C$ 20	U$ 14.78
C$ 50	U$ 36.95
C$ 100	U$ 73.89
C$ 250	U$ 184.73
C$ 500	U$ 369.45
C$ 1,000	U$ 738.90
C$ 2,000	U$ 1,478
C$ 5,000	U$ 3,695
C$ 10,000	U$ 7,389
C$ 50,000	U$ 36,945
C$ 100,000	U$ 73,890
More amounts

CAD	USD
C$ 1.3534	U$ 1
C$ 6.7670	U$ 5
C$ 13.53	U$ 10
C$ 27.07	U$ 20
C$ 67.67	U$ 50
C$ 135.34	U$ 100
C$ 338.35	U$ 250
C$ 676.70	U$ 500
C$ 1,353	U$ 1,000
C$ 2,707	U$ 2,000
C$ 6,767	U$ 5,000
C$ 13,534	U$ 10,000
C$ 67,670	U$ 50,000
C$ 135,340	U$ 100,000
More amounts

To calculate your own CAD/USD amounts use our Convert CAD to USD quick calculator.

Comparing Foreign Exchange Providers

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, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for CAD/USD International Money Transfers. Costs are calculated against the current interbank mid-rate.

CAD to USD International Money Transfers

Send C$1,000 Canadian dollar CAD → U.S. dollar USD

Foreign Transfer Provider	Receive USD(U$)	Exchange Rate	Fee CAD	Deal Links
OFX International Money Transfers	U$734.00 0.8% Best Overall	0.734	0^	Visit Site
XE International Money Transfers	U$728.80 1.5% U$5.2 less	0.7288	0	Visit Site
HSBC International Money Transfers	U$712.23 3.74% U$22 less	0.7133	C$1.50
TD Canada Trust International Money Transfers	U$711.80 3.8% U$22 less	0.7118	0
Coast Capital Savings International Money Transfers	U$706.86 4.47% U$27 less	0.714	C$10.00
Royal Bank of Canada International Money Transfers	U$706.00 4.58% U$28 less	0.706	0
Scotiabank International Money Transfers	U$699.03 5.52% U$35 less	0.7133	C$20
Banks - Average Rate Average of bank rates	U$707.18 4.42% U$27 less	0.7117	15

Visit OFX

OFX: Foreign Transfer CAD→USD
From Amount (CAD)	C$1,000
Fee:	0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:	0.7340 (0.8% from mid-rate)
To Amount (USD)	U$734.00
Total Cost:	0.8%
Time:	Rate Fetched: 9:31 Local
Transfer Speed:	1-2 days
Services:	Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:	: 4.8/5.0
Reviews:	20 Reviews

Visit XE

XE: Foreign Transfer CAD→USD
From Amount (CAD)	C$1,000
Fee:
Exchange Rate:	0.7288 (1.5% from mid-rate)
To Amount (USD)	U$728.80
Total Cost:	1.5%
Difference:	U$5.2 USD less than using OFX
Time:	9:31 Local
Transfer Speed:	1-2 days
Services:	Bank Transfers - Online & Phone
Rating:	: 3.5/5.0
Reviews:	1 Review

HSBC: Foreign Transfer CAD→USD
From Amount (CAD)	C$1,000
Fee:	C$1.50 CAD (.15%)
Exchange Rate:	0.7133 (3.6% from mid-rate)
To Amount (USD)	U$712.23
Total Cost:	3.74%
Difference:	U$22 USD less than using OFX
Time:	9:31 Local
Transfer Speed:	2-3 days
Services:	Online, Branch, Bank Transfers
Rating:	: /5.0
Reviews:

TD Canada Trust: Foreign Transfer CAD→USD
From Amount (CAD)	C$1,000
Fee:	Minimum 15 CAD
Exchange Rate:	0.7118 (3.8% from mid-rate)
To Amount (USD)	U$711.80
Total Cost:	3.8%
Difference:	U$22 USD less than using OFX
Time:	9:31 Local
Transfer Speed:	2-3 days
Services:	Online, Branch, Bank Transfers
Rating:	: /5.0
Reviews:

Coast Capital Savings: Foreign Transfer CAD→USD
From Amount (CAD)	C$1,000
Fee:	C$10.00 CAD (1%)
Exchange Rate:	0.7140 (3.5% from mid-rate)
To Amount (USD)	U$706.86
Total Cost:	4.47%
Difference:	U$27 USD less than using OFX
Time:	9:31 Local
Transfer Speed:	2-3 days
Services:	Online, Branch, Bank Transfers
Rating:	: /5.0
Reviews:

Royal Bank of Canada: Foreign Transfer CAD→USD
From Amount (CAD)	C$1,000
Fee:	Minimum 15 CAD
Exchange Rate:	0.7060 (4.58% from mid-rate)
To Amount (USD)	U$706.00
Total Cost:	4.58%
Difference:	U$28 USD less than using OFX
Time:	9:31 Local
Transfer Speed:	2-3 days
Services:	Online, Branch, Bank Transfers
Rating:	: 1/5.0
Reviews:	1 Review

Scotiabank: Foreign Transfer CAD→USD
From Amount (CAD)	C$1,000
Fee:	C$20 CAD (Minimum fee)
Exchange Rate:	0.7133 (3.6% from mid-rate)
To Amount (USD)	U$699.03
Total Cost:	5.52%
Difference:	U$35 USD less than using OFX
Time:	9:31 Local
Transfer Speed:	2-3 days
Services:	Online, Branch, Bank Transfers
Rating:	: /5.0
Reviews:

Banks - Average Rate

Foreign Transfer CAD→USD
From Amount (CAD)	C$1,000
Fee:	15
Exchange Rate:	0.7029 (5% from mid-rate)
To Amount (USD)	U$707.18
Total Cost:	4.42%
Difference:	U$27 USD less than using OFX
Transfer Speed:
Services:

Snapshot 06/03/2020 - View live rates

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

CAD to USD - Travel Money & Cards

C$1,000 Canadian dollar CAD → U.S. dollar USD

Provider	Amount USD(U$)	Exchange Rate	Fee CAD	Deal Links
Travelex Online Foreign Cash	U$714.00 3.5% Best Overall	0.714	$0	Visit Site
Royal Bank of Canada Foreign Cash	U$698.30 5.62% U$16 less	0.6983	0
TD Canada Trust Foreign Cash	U$691.20 6.58% U$23 less	0.6912	0
Banks - Average Rate Average of bank rates	U$689.42 6.82% U$25 less	0.6940	15
Scotiabank Foreign Cash	U$678.75 8.26% U$35 less	0.6926	C$20

Visit Travelex Online

Travelex Online: Travel Money CAD→USD
From Amount (CAD)	C$1,000
Fee:	$0 - No fees for Debit & Credit Cards
Exchange Rate:	0.7140 (-3.5% from mid-rate)
To Amount (USD)	U$714.00
Total Cost:	3.5%
Time:	Rate Fetched: 9:31 Local
Currency Services:	FREE Home delivery & Branch pickup
Delivery/Collect:	2-3 days
Rating:	: 4.3/5.0
Reviews:	13 Reviews

Royal Bank of Canada: Travel Money CAD→USD
From Amount (CAD)	C$1,000
Fee:
Exchange Rate:	0.6983 (-5.62% from mid-rate)
To Amount (USD)	U$698.30
Total Cost:	5.62%
Time:	9:31 Local
Currency Services:	Branch
Delivery/Collect:	-
Rating:	: 1/5.0
Reviews:	1 Review

TD Canada Trust: Travel Money CAD→USD
From Amount (CAD)	C$1,000
Fee:
Exchange Rate:	0.6912 (-6.58% from mid-rate)
To Amount (USD)	U$691.20
Total Cost:	6.58%
Time:	9:31 Local
Currency Services:	Branch
Delivery/Collect:	-
Rating:	: /5.0
Reviews:

Banks - Average Rate

Travel Money CAD→USD
From Amount (CAD)	C$1,000
Fee:	15
Exchange Rate:	0.6474 (-12.5% from mid-rate)
To Amount (USD)	U$689.42
Total Cost:	6.82%
Currency Services:	Branch
Delivery/Collect:	-

Scotiabank: Travel Money CAD→USD
From Amount (CAD)	C$1,000
Fee:	C$20 CAD (Minimum fee)
Exchange Rate:	0.6926 (-6.39% from mid-rate)
To Amount (USD)	U$678.75
Total Cost:	8.26%
Time:	9:31 Local
Currency Services:	Branch
Delivery/Collect:	-
Rating:	: /5.0
Reviews:

Snapshot 06/03/2020 - View live rates

US Dollar (USD) Country Guides

United States (USD)	East Timor (USD)	Ecuador (USD)
El Salvador (USD)	British Virgin Islands (USD)	US Virgin Islands (USD)
Caribbean Netherlands (USD)	Turks and Caicos Islands (USD)	Zimbabwe (USD)

Canadian Dollar and US Dollar Forecasts

When determining the best time to make a foreign exchange transaction, in this case the CAD vs USD, you should pay attention to the recent market trends for both currencies.

Canadian Dollar (CAD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The threat of proxy war between the US and Iran in Iraq also pared back some of the gains the Loonie had made coming into the New Year.

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

US Dollar (USD)

In early May the continuing coronavirus pandemic and an associated possible re-escalation in the US-China trade tensions has moved the market into safer currencies such as the USD and JPY.

Goldman Sachs and RBC Capital forecast a large drop for US dollar against Japanese Yen to continue with a USD/JPY rate of 95 in the near future.

The US dollar held its value in 2019 despite the US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

How to get Best CAD to USD Exchange Rates

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.

What is a good CAD to USD exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the CAD to USD exchange rate over periods upto 10 years.

CAD/USD	Period to 02-Jun	Date	Rate
2% ▲	1 Week	26 May 2020	0.7254
4.6% ▲	30 Days	03 May 2020	0.7074
1% ▼	90 Days	04 Mar 2020	0.7470
0.6% ▼	1 Year	03 Jun 2019	0.7439
7.6% ▼	5 Years	04 Jun 2015	0.8006
22.2% ▼	10 Years	05 Jun 2010	0.9504

CAD/USD 10 year rates & changes to 02-Jun-2020 (0.7397)

When is the best time to exchange CAD to USD?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts

We help you Save Money on Exchange Rates.

Foreign Transfers Travel Money

View all CAD Exchange Rates

CAD to USD - Exchange Rate Overview