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USD to CAD - Best Rates Guide

We review US Dollar to Canadian Dollar latest & historic FX rates along with recent USD/CAD Trend and Alerts.

 
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Best USD to CAD Rate

1 USD = 1.2736 CAD
LATEST USD/CAD MID-MARKET The mid-market rate is the best possible exchange rate available. Read more RATE

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US Dollar to Canadian Dollar
- Trends & Alerts

USDCAD at 1.2733 is 1.6% below its 90-DAY average, range 1.2642-1.3326.
🔔 USDCAD is UP 0.7% TODAY.
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Alert:1-DAY0.7% |
 
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View My Alerts

   

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Comparing USD to CAD Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale USD/CAD rate ( interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for USD to CAD International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.

 
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US Dollar to Canadian Dollar - Quick Conversions

USD CAD
U$ 1 C$ 1.2736
U$ 5 C$ 6.3680
U$ 10 C$ 12.74
U$ 20 C$ 25.47
U$ 50 C$ 63.68
U$ 100 C$ 127.36
U$ 250 C$ 318.40
U$ 500 C$ 636.80
U$ 1,000 C$ 1,274
U$ 2,000 C$ 2,547
U$ 5,000 C$ 6,368
U$ 10,000 C$ 12,736
U$ 50,000 C$ 63,680
U$ 100,000 C$ 127,360
More amounts
USD CAD
U$ 0.7852 C$ 1
U$ 3.9260 C$ 5
U$ 7.8520 C$ 10
U$ 15.70 C$ 20
U$ 39.26 C$ 50
U$ 78.52 C$ 100
U$ 196.30 C$ 250
U$ 392.60 C$ 500
U$ 785.20 C$ 1,000
U$ 1,570 C$ 2,000
U$ 3,926 C$ 5,000
U$ 7,852 C$ 10,000
U$ 39,260 C$ 50,000
U$ 78,520 C$ 100,000
More amounts

Calculate other USD/CAD amounts (from or to) at mid-market with our USD to CAD Calculator .

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US Dollar to Canadian Dollar Forecasts

If risk sentiment continues to improve, the CAD is well placed to extend gains. In the longer term, there is a perception Canada will enjoy a renewed close trade relationship with the US, with Biden as US President.

Get more details in the article USD to CAD Forecasts.

   

Country Guides - Canadian Dollar

 
CanadaCanada (CAD)
     

How to get Good USD to CAD Exchange Rates

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

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 always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US Dollar vs Canadian Dollar current value is to look the USD/CAD historic rate and change over a range of periods.

The following table looks at the change in the USD to CAD exchange rate over periods from the previous week back to the last 10 years.

USD/CADChangePeriod
1.2689
08 Jan 2021
0.4% ▲1 Week
1.2748
16 Dec 2020
0.1% ▼30 Days
1.3193
17 Oct 2020
3.5% ▼90 Days
1.3042
16 Jan 2020
2.3% ▼1 Year
1.4572
17 Jan 2016
12.6% ▼5 Years
0.9896
18 Jan 2011
28.7% ▲10 Years

USD/CAD 10 year historic rates & change to 15-Jan-2021 : 1.2737

 
   

Will the US Dollar rise against the Canadian 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 USD/CAD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 

View My Alerts

 

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.