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 exchange rate is slightly positive, but likely to move sideways as it trades above its recent average and remains within a stable range.
CAD/EUR Outlook:
The CAD/EUR exchange rate is likely to move sideways, currently near its three-month average, with mixed signals limiting directionality.
CAD/JPY Outlook:
The CAD/JPY exchange rate is likely to move sideways as it is currently near its 90-day average and sits within its recent trading range.
CAD/USD outlook remains slightly positive, trading in a stable range as oil prices boost CAD amidst mixed signals from U.S. economic policy. Key drivers: • Rate gap favors USD due to Fed's aggressive stance • Elevated oil prices support CAD. Range expected to hold steady unless Fed shifts to a more hawkish tone or oil spikes
@bestfxrates
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 0.7279 from OFX . This is -0.51% compared to the mid-market rate 0.7316.
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 0.7279, -0.51% from the latest mid-market rate 0.7316.
The next best is XE at 0.7272, -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.