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.
Is the CAD to USD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Canadian dollar against the US dollar is to review how the CAD/USD rate has changed over time.
The table below shows the percentage change in the CAD to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
CAD/USD
Change
Period
20 Jun 2025
0.7282
1.2% ▲
2 Week
05 Apr 2025
0.7028
4.8% ▲
3 Month
04 Jul 2024
0.7345
0.3% ▲
1 Year
05 Jul 2020
0.7380
0.2% ▼
5 Year
07 Jul 2015
0.7875
6.5% ▼
10 Year
09 Jul 2005
0.8174
9.9% ▼
20 Year
CAD/USD historic rates & change to 04-Jul-2025
CAD/USD shows resilience as CAD hits 90-day highs around 0.7369, 1.7% above avg. However, oil prices and strong USD, boosted by positive U.S. data, could challenge this momentum. Analysts highlight the need to monitor geopolitical shifts and trade tensions affecting rates
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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 * :
The standard OFX CAD-USD rate is 0.7245, -1.6% from the mid-rate. Visit OFX here to secure the better rate.
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 0.7328, -0.5% from the latest mid-market rate 0.7365.
The next best is Wise at 0.7322, -0.58% from the mid-rate.
Then XE at 0.7321, which is -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.