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USD to CAD - Compare Rates

US Dollar to Canadian Dollar exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
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USD CAD live spot rate

1 USD = 1.3181 CAD

Sell USD / Buy CAD 


US Dollar to Canadian Dollar - Trend & Alerts

USDCAD at 1.3189 is a little below its 90-DAY average, range 1.3046-1.3616.
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Comparing USD 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' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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US Dollar to Canadian Dollar - Quick Conversions

USD CAD
U$ 1 C$ 1.3181
U$ 5 C$ 6.5905
U$ 10 C$ 13.18
U$ 20 C$ 26.36
U$ 50 C$ 65.91
U$ 100 C$ 131.81
U$ 250 C$ 329.53
U$ 500 C$ 659.05
U$ 1,000 C$ 1,318
U$ 2,000 C$ 2,636
U$ 5,000 C$ 6,591
U$ 10,000 C$ 13,181
U$ 50,000 C$ 65,905
U$ 100,000 C$ 131,810
More amounts
USD CAD
U$ 0.7587 C$ 1
U$ 3.7935 C$ 5
U$ 7.5870 C$ 10
U$ 15.17 C$ 20
U$ 37.94 C$ 50
U$ 75.87 C$ 100
U$ 189.68 C$ 250
U$ 379.35 C$ 500
U$ 758.70 C$ 1,000
U$ 1,517 C$ 2,000
U$ 3,794 C$ 5,000
U$ 7,587 C$ 10,000
U$ 37,935 C$ 50,000
U$ 75,870 C$ 100,000
More amounts

To calculate other USD/CAD FROM or TO amounts at wholesale rate use our home-page quick & easy Calculate USD to CAD .

Country Guides - Canadian Dollar

 
CanadaCanada (CAD)
   

US Dollar - Canadian Dollar Forecasting

September was a relatively stable month for the CAD versus other major currencies. Bank of Canada left rates unchanged at 0.25% for the fourth time, as expected, maintaining its dovish (conservative) tone as the economy faces a slowdown. GDP results have recently exceeded market expectations, however, are still below pre-pandemic levels. Canada faces a second wave of COVID-19 and has reintroduced targeted restrictions to some provinces. The CAD, which had been gaining ground against the US dollar since mid-April, has begun to lose ground. The CAD remains vulnerable to further corrections in risk sentiment as markets re-assess expectations for global growth amid the uncertainty of a second coronavirus wave.  October Update

Read more about FX Broker and Bank analysts' predictions for USD to CAD future trends in our blog article USD to CAD Forecast Review.

 

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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.

 

Will USD rise or fall against CAD?

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/CAD rateChangePeriod
12 Oct 2020 : 1.31130.6% ▲1 Week
19 Sep 2020 : 1.32050.1% ▼30 Days
21 Jul 2020 : 1.34471.9% ▼90 Days
20 Oct 2019 : 1.31320.5% ▲1 Year
21 Oct 2015 : 1.31100.6% ▲5 Years
22 Oct 2010 : 1.026428.5% ▲10 Years

USD/CAD 10 year historic rates & change to 19-Oct-2020 : 1.3192

 

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