The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
CAD to USD Market Data
Canadian dollar (CAD) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/USD Outlook:
The CAD/USD outlook is slightly positive, but likely to move sideways as the rate is currently above its 90-day average and near the...
CAD/JPY Outlook:
The CAD/JPY exchange rate is slightly weaker, likely to move sideways as it currently trades just below its recent average and within a stable range.
CAD/USD Outlook: Slightly positive but moving sideways as it's above the 90-day avg. Oil volatility and U.S. tariffs weigh on CAD. Key drivers: • Rate gap favors CAD • Rising oil prices support it, but uncertainty looms. Range: Likely to stay within recent trading levels
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CAD to USD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
What is the
best Send Money conversion rate for CAD to USD?
The best CAD to USD exchange rate is 0.726 from OFX . This is -0.49% compared to the mid-market rate 0.7296.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to US dollar (USD) rates from different sources before making a conversion.
The above
Loonie to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest CAD-USD mid-rate and the possible savings of using various providers.
How do CAD-USD rates compare between providers?
Looking at the full
CAD to USD - Send Money comparison table the provider with the best CAD to USD exchange rate is OFX at 0.726, -0.49% from the latest mid-market rate 0.7296.
The next best is XE at 0.7252, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.