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USD to CAD - Exchange Rates

US Dollar to Canadian Dollar exchange rates aren't all the same. The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees.

Foreign Exchange margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 USD = 1.3959 CAD

   Sell USD / Buy CAD  Switch

USD to CAD 90-Day Trend
ALERTS:4-DAY2.1% 🔔| 14-DAY LOWS 🔔 |
USD/CAD at 1.3953 was trading 3.5% above AVG:1.3486 with LO:1.2963 and HI:1.4512 (90 days). ALERTS: USD/CAD was DOWN 2.1% this 4-DAY period and also dropped to 14-DAY LOWS.
10-APR 2AM-NY 7AM-LON 2PM-HK 4PM-SYD

Convert USD to CAD More Charts


Quick Conversions from US Dollar to Canadian Dollar

USD CAD
U$ 1 C$ 1.3959
U$ 5 C$ 6.9795
U$ 10 C$ 13.96
U$ 20 C$ 27.92
U$ 50 C$ 69.80
U$ 100 C$ 139.59
U$ 250 C$ 348.98
U$ 500 C$ 697.95
U$ 1,000 C$ 1,396
U$ 2,000 C$ 2,792
U$ 5,000 C$ 6,980
U$ 10,000 C$ 13,959
U$ 50,000 C$ 69,795
U$ 100,000 C$ 139,590
More amounts
USD CAD
U$ 0.7164 C$ 1
U$ 3.5820 C$ 5
U$ 7.1640 C$ 10
U$ 14.33 C$ 20
U$ 35.82 C$ 50
U$ 71.64 C$ 100
U$ 179.10 C$ 250
U$ 358.20 C$ 500
U$ 716.40 C$ 1,000
U$ 1,433 C$ 2,000
U$ 3,582 C$ 5,000
U$ 7,164 C$ 10,000
U$ 35,820 C$ 50,000
U$ 71,640 C$ 100,000
More amounts

To calculate your own USD/CAD amounts use our Convert USD to CAD quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for USD/CAD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

USD to CAD International Money Transfers

  

Foreign Transfer Provider Receive CAD(C$) Exchange RateFee USDDeal Links
OFX logo
C$13,841
0.8%
Best Overall
1.38410^
XE logo
C$13,779
1.25%
C$62 less
1.37790
Wells Fargo Bank logo
C$13,378
4.12%
C$463 less
1.340218
HSBC logo
C$13,368
4.19%
C$473 less
1.3388U$15
Banks - Average Rate
U.S. Bank logo Bank of America logo HSBC logo Wells Fargo Bank logo
C$13,287
4.78%
C$554 less
1.336415
U.S. Bank International Money Transfers
U.S. Bank logo
C$13,200
5.4%
C$641 less
1.3333U$100
Bank of America International Money Transfers
Bank of America logo
C$13,200
5.4%
C$641 less
1.3333U$100
 
OFX: Foreign Transfer USD→CAD
From Amount (USD)U$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:1.3841 (0.8% from mid-rate)
To Amount (CAD) C$13,841
Total Cost:0.8%
Time:
Rate Fetched: 6:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE: Foreign Transfer USD→CAD
From Amount (USD)U$10,000
Fee:
Exchange Rate:1.3779 (1.25% from mid-rate)
To Amount (CAD) C$13,779
Total Cost:1.25%
Difference:
C$62 CAD less than using OFX
Time:6:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
Wells Fargo Bank logo
Wells Fargo Bank: Foreign Transfer USD→CAD
From Amount (USD)U$10,000
Fee:18
Exchange Rate:1.3402 (3.95% from mid-rate)
To Amount (CAD) C$13,378
Total Cost:4.12%
Difference:
C$463 CAD less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer USD→CAD
From Amount (USD)U$10,000
Fee:U$15 USD (.15%)
Exchange Rate:1.3388 (4.05% from mid-rate)
To Amount (CAD) C$13,368
Total Cost:4.19%
Difference:
C$473 CAD less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer USD→CAD
From Amount (USD)U$10,000
Fee:15
Exchange Rate:1.3306 (4.64% from mid-rate)
To Amount (CAD) C$13,287
Total Cost:4.78%
Difference:
C$554 CAD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
U.S. Bank logo
U.S. Bank: Foreign Transfer USD→CAD
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:1.3333 (4.44% from mid-rate)
To Amount (CAD) C$13,200
Total Cost:5.4%
Difference:
C$641 CAD less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Bank of America logo
Bank of America: Foreign Transfer USD→CAD
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:1.3333 (4.44% from mid-rate)
To Amount (CAD) C$13,200
Total Cost:5.4%
Difference:
C$641 CAD less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
 

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money Provider Amount CAD(C$) Exchange RateFee USDDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
C$1,306.1
6.39%
Compare
1.30610
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
C$1,293
7.33%
C$13 less
1.3061U$10
Wells Fargo Bank logo
C$1,279.98
8.26%
C$26 less
1.3061U$20
Travelex Online US logo
C$1,247.6
10.59%
C$58 less
1.24760^
 
U.S. Bank logo
U.S. Bank: Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:0
Exchange Rate:1.3061 (6.39% from mid-rate)
To Amount (CAD) C$1,306.1
Total Cost:6.39%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:U$10 USD (1%)
Exchange Rate:1.2209 (12.5% from mid-rate)
To Amount (CAD) C$1,293
Total Cost:7.33%
Currency Services:Branch
Delivery/Collect:-
 
Wells Fargo Bank logo
Wells Fargo Bank: Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:1.3061 (6.39% from mid-rate)
To Amount (CAD) C$1,279.98
Total Cost:8.26%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Travelex Online US: Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:1.2476 (10.59% from mid-rate)
To Amount (CAD) C$1,247.6
Total Cost:10.59%
Time:
Rate Fetched: Fri Apr 10 2020 06:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
Travel Money Provider Amount CAD(C$) Exchange RateFee USDDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
C$1,306.1
6.39%
Compare
1.30610
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
C$1,293
7.33%
C$13 less
1.3061U$10
Wells Fargo Bank logo
C$1,279.98
8.26%
C$26 less
1.3061U$20
Travelex Online US logo
C$1,247.6
10.59%
C$58 less
1.24760^
 
U.S. Bank logo
U.S. Bank: Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:0
Exchange Rate:1.3061 (6.39% from mid-rate)
To Amount (CAD) C$1,306.1
Total Cost:6.39%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:U$10 USD (1%)
Exchange Rate:1.2209 (12.5% from mid-rate)
To Amount (CAD) C$1,293
Total Cost:7.33%
Currency Services:Branch
Delivery/Collect:-
 
Wells Fargo Bank logo
Wells Fargo Bank: Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:1.3061 (6.39% from mid-rate)
To Amount (CAD) C$1,279.98
Total Cost:8.26%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Travelex Online US: Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:1.2476 (10.59% from mid-rate)
To Amount (CAD) C$1,247.6
Total Cost:10.59%
Time:
Rate Fetched: Fri Apr 10 2020 06:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
Travel Money Provider Amount CAD(C$) Exchange RateFee USDDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
C$1,306.1
6.39%
Compare
1.30610
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
C$1,293
7.33%
C$13 less
1.3061U$10
Wells Fargo Bank logo
C$1,279.98
8.26%
C$26 less
1.3061U$20
Travelex Online US logo
C$1,247.6
10.59%
C$58 less
1.24760^
 
U.S. Bank logo
U.S. Bank: Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:0
Exchange Rate:1.3061 (6.39% from mid-rate)
To Amount (CAD) C$1,306.1
Total Cost:6.39%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:U$10 USD (1%)
Exchange Rate:1.2209 (12.5% from mid-rate)
To Amount (CAD) C$1,293
Total Cost:7.33%
Currency Services:Branch
Delivery/Collect:-
 
Wells Fargo Bank logo
Wells Fargo Bank: Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:1.3061 (6.39% from mid-rate)
To Amount (CAD) C$1,279.98
Total Cost:8.26%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Travelex Online US: Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:1.2476 (10.59% from mid-rate)
To Amount (CAD) C$1,247.6
Total Cost:10.59%
Time:
Rate Fetched: Fri Apr 10 2020 06:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
Travel Money Provider Amount CAD(C$) Exchange RateFee USDDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
C$1,306.1
6.39%
Compare
1.30610
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
C$1,293
7.33%
C$13 less
1.3061U$10
Wells Fargo Bank logo
C$1,279.98
8.26%
C$26 less
1.3061U$20
Travelex Online US logo
C$1,247.6
10.59%
C$58 less
1.24760^
 
U.S. Bank logo
U.S. Bank: Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:0
Exchange Rate:1.3061 (6.39% from mid-rate)
To Amount (CAD) C$1,306.1
Total Cost:6.39%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:U$10 USD (1%)
Exchange Rate:1.2209 (12.5% from mid-rate)
To Amount (CAD) C$1,293
Total Cost:7.33%
Currency Services:Branch
Delivery/Collect:-
 
Wells Fargo Bank logo
Wells Fargo Bank: Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:1.3061 (6.39% from mid-rate)
To Amount (CAD) C$1,279.98
Total Cost:8.26%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Travelex Online US: Travel Money USD→CAD
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:1.2476 (10.59% from mid-rate)
To Amount (CAD) C$1,247.6
Total Cost:10.59%
Time:
Rate Fetched: Fri Apr 10 2020 06:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
 

Country Guides (USD & CAD)

United StatesUnited States (USD)CanadaCanada (CAD)East TimorEast Timor (USD)
EcuadorEcuador (USD)El SalvadorEl Salvador (USD)British Virgin IslandsBritish Virgin Islands (USD)
US Virgin IslandsUS Virgin Islands (USD)Caribbean NetherlandsCaribbean Netherlands (USD)Turks and Caicos IslandsTurks and Caicos Islands (USD)
ZimbabweZimbabwe (USD)

USDCAD blended flags

USD and CAD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the USD vs CAD, you should pay attention to the recent market trends for both currencies.

US Dollar (USD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The US dollar held its value in 2019 despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

At its October meeting the Federal Reserve cut the target range for the federal funds rate to 1.5-1.75 percent, the third rate cut so far this year, amid soft inflation indicators and general worries about the economy. However the central bank also signaled a pause in the easing cycle.

Taking the blame for the economic downturn is US President Donald Trump, whose trade war policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

Read more in the article USD Forecasts.

 

Canadian Dollar (CAD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The threat of proxy war between the US and Iran in Iraq also pared back some of the gains the Loonie had made coming into the New Year.

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

Read more in the article CAD Forecasts.


How to get Best USD to CAD Exchange Rates

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 USD to CAD exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the USD to CAD exchange rate to the present day for periods going back upto 10 years.

PeriodChange*USD/CADDate
1 Day-0.2%1.400308 Apr 2020
7 Day-1.1%1.413002 Apr 2020
30 Day+1.8%1.373310 Mar 2020
3 Month+7.1%1.305110 Jan 2020
1 Year+4.9%1.331910 Apr 2019
5 Year+11.1%1.257311 Apr 2015
10 Year+39.1%1.004512 Apr 2010

*For period to 09-Apr 21UTC when USD/CAD was 1.3974

When is the best time to exchange USD to CAD?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

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.

Setup BER.me FX Alerts

We help you Save Money on Exchange Rates.

 

View all USD Exchange Rates