Comparing CAD to USD Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale CAD/USD rate (aka interbank mid-rate) plus any fixed or percentage fees.
These margins and fees can vary significantly for CAD to USD International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.
Canadian Dollar to US Dollar - Quick Conversions
|
CAD |
USD |
| C$ 1 |
U$ 0.7711 |
| C$ 5 |
U$ 3.8555 |
| C$ 10 |
U$ 7.7110 |
| C$ 20 |
U$ 15.42 |
| C$ 50 |
U$ 38.56 |
| C$ 100 |
U$ 77.11 |
| C$ 250 |
U$ 192.78 |
| C$ 500 |
U$ 385.55 |
| C$ 1,000 |
U$ 771.10 |
| C$ 2,000 |
U$ 1,542 |
| C$ 5,000 |
U$ 3,856 |
| C$ 10,000 |
U$ 7,711 |
| C$ 50,000 |
U$ 38,555 |
| C$ 100,000 |
U$ 77,110 |
| More amounts |
|
CAD |
USD |
| C$ 1.2969 |
U$ 1 |
| C$ 6.4845 |
U$ 5 |
| C$ 12.97 |
U$ 10 |
| C$ 25.94 |
U$ 20 |
| C$ 64.85 |
U$ 50 |
| C$ 129.69 |
U$ 100 |
| C$ 324.23 |
U$ 250 |
| C$ 648.45 |
U$ 500 |
| C$ 1,297 |
U$ 1,000 |
| C$ 2,594 |
U$ 2,000 |
| C$ 6,485 |
U$ 5,000 |
| C$ 12,969 |
U$ 10,000 |
| C$ 64,845 |
U$ 50,000 |
| C$ 129,690 |
U$ 100,000 |
| More amounts |
Calculate other CAD/USD amounts (from or to) at mid-market with our
CAD to USD Calculator .
US Dollar - Canadian Dollar Forecasts
If risk sentiment continues to improve, the CAD is well placed to extend gains. The currency could bounce between 1.29-1.33 US cents as markets respond to fluctuations in risk trends. In the longer term, there is a perception Canada will enjoy a renewed close trade relationship with the US, with Biden as US President-elect.
Get more details in the article USD to CAD Forecasts.
Country Guides - US Dollar
How to get Best CAD to USD Exchange Rates
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.
What is a good CAD to USD exchange rate?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian Dollar vs US Dollar current value is to look the CAD/USD historic rate and change over a range of periods.
The following table looks at the change in the CAD to USD exchange rate over periods from the previous week back to the last 10 years.
| CAD/USD | Change | Period |
|---|
| 0.7649 23 Nov 2020 | 0.6% â–² | 1 Week |
| 0.7507 31 Oct 2020 | 2.5% â–² | 30 Days |
| 0.7660 01 Sep 2020 | 0.4% â–² | 90 Days |
| 0.7527 01 Dec 2019 | 2.2% â–² | 1 Year |
| 0.7491 02 Dec 2015 | 2.7% â–² | 5 Years |
| 0.9965 03 Dec 2010 | 22.8% â–¼ | 10 Years |
CAD/USD 10 year historic rates & change to 30-Nov-2020 : 0.7694
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.
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View My Alerts
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.