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    USD to CAD Exchange Rates

    Compare & Save on US dollar to Canadian dollar FX rates - Check USD/CAD Trends and Forecasts.

     
    1 USD =
    1.2850We compare provider deals to this wholesale mid-market rate. Read more
    CAD
    USD to CAD at 1.2845 is just above its 90-day average 1.2784 with range 1.2489-1.3048.
    |
    Sell USD   →   Buy CAD
    Track Rate

    14-DAYLOW
     

    The Ukrainian crisis and the risk on-off market are pushing the Canadian dollar rate up and down in a range around 0.7850 to the US dollar (1 USD = 1.27 CAD).

    Volatile oil prices due to the Russian invasion of Ukraine have lead analysts to predict large price movements to continue for the Canadian Dollar.

     USD-CAD Forecasts

    DateUSD/CADChangePeriod
    20 Jun 2022
    1.2984
    1% 2 Week
    05 Apr 2022
    1.2485
    3% 3 Month
    04 Jul 2021
    1.2331
    4.3% 1 Year
    05 Jul 2017
    1.2962
    0.8% 5 Year
    06 Jul 2012
    1.0174
    26.4% 10 Year
    09 Jul 2002
    1.5161
    15.2% 20 Year
    USD/CAD change over periods to 04-Jul-2022

    USD to CAD - Compare & Save

    The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

     
    Compare Transfer Rates : Send $10,000 USD → Receive CAD
    ProviderReceive CADUSD/CAD RateCost
    OFX
    Trusted brand in Foreign Exchange. Online & Phone. Helpful Dealers & support. Lock in an Exchange Rate with Spot & Forward Deals.
     
    See more
    10,000 USD =
    12,784 CAD
    Up to 596 CAD more
    0.5%
    See more
    1.27840.5%
    WorldRemit
    Online Bank Transfers or Cash Pickup - e-Wallet payments. Large number of currencies.
     
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    10,000 USD =
    12,663 CAD
    Get C$121 less
    1.44%
    See more
    1.26681.44%
    HSBC
    HSBC's profit margin is generally 2.5%-7% depending on currencies and amounts.
     
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    10,000 USD =
    12,502 CAD
    Get C$282 less
    2.69%
    See more
    1.25272.69%
    Scotiabank
    Scotiabank's profit margin is generally 4 - 8% depending on currencies and amounts.
     
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    10,000 USD =
    12,488 CAD
    Get C$296 less
    2.8%
    See more
    1.24882.8%
    TD Bank
    TD's profit margin is generally 4 - 8% depending on currencies and amounts.
     
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    10,000 USD =
    12,462 CAD
    Get C$322 less
    3%
    See more
    1.24893%
    Chase Bank
    Chase Bank's FX wire margin is generally 3.5% - 8.0% depending on currencies and amounts.
     
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    10,000 USD =
    12,365 CAD
    Get C$419 less
    3.76%
    See more
    1.23653.76%
    Wells Fargo Bank
    Wells Fargo's FX wire margin is generally 3.0% - 8.0% depending on currencies and amounts.
     
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    10,000 USD =
    12,355 CAD
    Get C$429 less
    3.84%
    See more
    1.23773.84%
    SHOW ALL
     
    10,000 USD =
    12,339 CAD
    Get C$445 less
    3.96%
    1.23683.96%
     Average Bank Rate 
    Paypal
    The cost of sending money with PayPal is a fixed percentage (between 4 to 7 percent) of the amount being sent.
     
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    10,000 USD =
    12,308 CAD
    Get C$476 less
    4.2%
    See more
    1.23084.2%
    Bank of America
    Bank of America's FX wire margin is generally 4.0% - 8.0% depending on currencies and amounts.
     
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    10,000 USD =
    12,290 CAD
    Get C$494 less
    4.34%
    See more
    1.23274.34%
    U.S. Bank
    U.S. Bank's FX wire margin is generally 4.0% - 8.0% depending on currencies and amounts.
     
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    10,000 USD =
    12,277 CAD
    Get C$507 less
    4.44%
    See more
    1.23144.44%
    Citibank
    Citibank's profit margin is generally 3 - 7% depending on currencies and amounts.
     
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    10,000 USD =
    12,236 CAD
    Get C$548 less
    4.76%
    See more
    1.22514.76%
    Deutsche Bank
    Deutsche Bank's profit margin is generally 3 - 7% depending on currencies and amounts.
     
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    10,000 USD =
    12,228 CAD
    Get C$556 less
    4.83%
    See more
    1.23524.83%
    CIBC
    CIBC's profit margin is generally 4 - 8% depending on currencies and amounts.
     
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    10,000 USD =
    12,188 CAD
    Get C$596 less
    5.14%
    See more
    1.21885.14%
    Xoom
    Xoom offers a fast way to send money, reload phones, and pay bills around the world. Xoom is owned by PayPal.
     
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    Amount above recommended Xoom maximum - 2,999 USD
    2.58%
    See more
    Wise
    Great rates for Transfers and Multi-currency Card. Get local accounts in 10 currencies.
     
    See more
    Amount above recommended Wise maximum - 5,000 USD
    1.35%
    See more
     
    ProviderOFX
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,784
    Exchange Rate1USD = 1.2784 CAD (1CAD = 0.7822USD)
    Rate Margin0.5%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    0.5%
    Transfer Speed1-2 days
    Rate Retrieved06:03 Local - BER

    BER 0.5% Special Rate

    Trusted brand in Foreign Exchange. Online & Phone. Helpful Dealers & support. Lock in an Exchange Rate with Spot & Forward Deals.

     
    Submit a Rate for OFX to improve our service.
     
    ProviderWorldRemit
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,663
    Exchange Rate1USD = 1.2668 CAD (1CAD = 0.7894USD)
    Rate Margin1.4%
    Other Fees$3.99
    Total Cost
    (Rate Margin + Fees)
    1.44%
    Difference
    Get C$121 CAD less than withOFX
    Transfer Speed1-2 days
    Rate Retrieved06:03 Local - BER

    Online Bank Transfers or Cash Pickup - e-Wallet payments. Large number of currencies.

     
    Submit a Rate for WorldRemit to improve our service.
     
    ProviderHSBC
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,502
    Exchange Rate1USD = 1.2527 CAD (1CAD = 0.7983USD)
    Rate Margin2.5%
    Other Fees$20
    Total Cost
    (Rate Margin + Fees)
    2.69%
    Difference
    Get C$282 CAD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:03 Local - BER

    HSBC's profit margin is generally 2.5%-7% depending on currencies and amounts.

     
    Submit a Rate for HSBC to improve our service.
     
    ProviderScotiabank
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,488
    Exchange Rate1USD = 1.2488 CAD (1CAD = 0.8008USD)
    Rate Margin2.8%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    2.8%
    Difference
    Get C$296 CAD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:03 Local - BER

    Scotiabank's profit margin is generally 4 - 8% depending on currencies and amounts.

     
    Submit a Rate for Scotiabank to improve our service.
     
    ProviderTD Bank
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,462
    Exchange Rate1USD = 1.2489 CAD (1CAD = 0.8007USD)
    Rate Margin2.79%
    Other Fees$22
    Total Cost
    (Rate Margin + Fees)
    3%
    Difference
    Get C$322 CAD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved2022-07-05T06:00:04+0000

    TD's profit margin is generally 4 - 8% depending on currencies and amounts.

     
    Submit a Rate for TD Bank to improve our service.
     
    ProviderChase Bank
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,365
    Exchange Rate1USD = 1.2365 CAD (1CAD = 0.8087USD)
    Rate Margin3.76%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    3.76%
    Difference
    Get C$419 CAD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:03 Local - BER

    Chase Bank's FX wire margin is generally 3.5% - 8.0% depending on currencies and amounts.

     
    Submit a Rate for Chase Bank to improve our service.
     
    ProviderWells Fargo Bank
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,355
    Exchange Rate1USD = 1.2377 CAD (1CAD = 0.8080USD)
    Rate Margin3.67%
    Other Fees$18
    Total Cost
    (Rate Margin + Fees)
    3.84%
    Difference
    Get C$429 CAD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:03 Local - BER

    Wells Fargo's FX wire margin is generally 3.0% - 8.0% depending on currencies and amounts.

     
    Submit a Rate for Wells Fargo Bank to improve our service.
     
    ProviderComparison Rate
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,339
    Exchange Rate1USD = 1.2504 CAD (1CAD = 0.7997USD)
    Rate Margin2.68%
    Total Cost
    (Rate Margin + Fees)
    3.96%
    Difference
    Get C$445 CAD less than withOFX
     
    ProviderPaypal
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,308
    Exchange Rate1USD = 1.2308 CAD (1CAD = 0.8125USD)
    Rate Margin4.2%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    4.2%
    Difference
    Get C$476 CAD less than withOFX
    Transfer Speed1-2 days
    BER Rating2/5.0
    Rate Retrieved06:03 Local - BER

    The cost of sending money with PayPal is a fixed percentage (between 4 to 7 percent) of the amount being sent.

     
    Submit a Rate for Paypal to improve our service.
     
    ProviderBank of America
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,290
    Exchange Rate1USD = 1.2327 CAD (1CAD = 0.8112USD)
    Rate Margin4.06%
    Other Fees$30
    Total Cost
    (Rate Margin + Fees)
    4.34%
    Difference
    Get C$494 CAD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:03 Local - BER

    Bank of America's FX wire margin is generally 4.0% - 8.0% depending on currencies and amounts.

     
    Submit a Rate for Bank of America to improve our service.
     
    ProviderU.S. Bank
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,277
    Exchange Rate1USD = 1.2314 CAD (1CAD = 0.8121USD)
    Rate Margin4.16%
    Other Fees$30
    Total Cost
    (Rate Margin + Fees)
    4.44%
    Difference
    Get C$507 CAD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:03 Local - BER

    U.S. Bank's FX wire margin is generally 4.0% - 8.0% depending on currencies and amounts.

     
    Submit a Rate for U.S. Bank to improve our service.
     
    ProviderCitibank
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,236
    Exchange Rate1USD = 1.2251 CAD (1CAD = 0.8163USD)
    Rate Margin4.65%
    Other Fees$12
    Total Cost
    (Rate Margin + Fees)
    4.76%
    Difference
    Get C$548 CAD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:03 Local - BER

    Citibank's profit margin is generally 3 - 7% depending on currencies and amounts.

     
    Submit a Rate for Citibank to improve our service.
     
    ProviderDeutsche Bank
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,228
    Exchange Rate1USD = 1.2352 CAD (1CAD = 0.8096USD)
    Rate Margin3.86%
    Other Fees$100.00 USD (1%)
    Total Cost
    (Rate Margin + Fees)
    4.83%
    Difference
    Get C$556 CAD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:03 Local - BER

    Deutsche Bank's profit margin is generally 3 - 7% depending on currencies and amounts.

     
    Submit a Rate for Deutsche Bank to improve our service.
     
    ProviderCIBC
    FX TypeForeign Transfer USD→CAD
    From Amount (USD) $10,000
    To Amount (CAD) C$12,188
    Exchange Rate1USD = 1.2188 CAD (1CAD = 0.8205USD)
    Rate Margin5.14%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    5.14%
    Difference
    Get C$596 CAD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:03 Local - BER

    CIBC's profit margin is generally 4 - 8% depending on currencies and amounts.

     
    Submit a Rate for CIBC to improve our service.
     
    ProviderXoom
    FX TypeForeign Transfer USD→CAD
    MIN/MAX:Amount above recommended Xoom maximum - 2,999 USD
    Exchange Rate1USD = 1.2516 CAD (1CAD = 0.7990USD)
    Rate Margin2.58%
    Total Cost
    (Rate Margin + Fees)
    2.58%
    Transfer Speed1-2 days
    BER Rating4.2/5.0
    Rate Retrieved06:03 Local - BER

    Xoom offers a fast way to send money, reload phones, and pay bills around the world. Xoom is owned by PayPal.

     
    Submit a Rate for Xoom to improve our service.
     
    ProviderWise
    FX TypeForeign Transfer USD→CAD
    MIN/MAX:Amount above recommended Wise maximum - 5,000 USD
    Exchange Rate1USD = 1.2764 CAD (1CAD = 0.7835USD)
    Rate Margin0.65%
    Total Cost
    (Rate Margin + Fees)
    1.35%
    Transfer Speed1-2 days
    Rate Retrieved06:03 Local - BER

    Including Wire transfer fixed fee of 5.64 USD, Bank debit (ACH) is a variable 0.26%

    Great rates for Transfers and Multi-currency Card. Get local accounts in 10 currencies.

     
    Submit a Rate for Wise to improve our service.
     
    loading
    Cost % is Provider Rate Margin vs Mid-rate + Fees

    USD/CAD=1.2848
    14-DAYLOW
    USDCAD chart
    My Rates
    USD/CAD Mid-rate Calculator
    * This table compares FX rates & fees of selected FX specialists and banks for USD to CAD International Money Transfers. Providers must be well established, reputable and regulated in the US as licensed money transmitters. We DO NOT compare every provider in the market. We may receive referral fees if you choose one of these providers however this will not affect the savings, exchange rates or fees you are charged by the provider.
     

    Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest USD to CAD Exchange Rate (shown above) or a transaction fee and often both!

     

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

    Request Quotes

    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

       

    Country Guides - US dollar & Canadian dollar

     
    United StatesUnited States (USD)CanadaCanada (CAD)
       
     

    How to get a good USD to CAD Exchange Rate

    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

    Generally speaking, if you are buying Canadian dollar with US dollar, then it's good for the USD/CAD exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

    You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to Canada.

     

    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.

     
    Track Rate
     

    Manage My Rates

     

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

    Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.