Best CAD to USD Exchange Rates - Compare & Save

In this CAD to dollar rate guide:

1 CAD = USD

CAD to USD at 0.7230 is 5.5% below its 90-day average 0.7654 with range 0.7230-0.7835.

30-SEP 6PM-NY 11PM-LON 01-OCT 6AM-HK 8AM-SYD

Sell CAD → Buy USD

Track Rate

1 USD = 1.3831 CAD

1-DAY▼-1.1%

90-DAY▼LOW

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

Towards the end of September the loonie has weakened sharply down to around 0.73 relative to the greenback (1 USD = 1.37 CAD).

USD-CAD Forecasts

Date	CAD/USD	Change	Period
16 Sep 2022	0.7539	4.1% ▼	2 Week
02 Jul 2022	0.7761	6.8% ▼	3 Month
30 Sep 2021	0.7884	8.3% ▼	1 Year
01 Oct 2017	0.8012	9.8% ▼	5 Year
02 Oct 2012	1.0173	28.9% ▼	10 Year
05 Oct 2002	0.6287	15% ▲	20 Year

CAD/USD historic rates & change to 30-Sep-2022

CAD to USD - Compare & Save

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

Loading rates...

Provider	Amounts	Rate	Total Cost

Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest CAD to dollar 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.