Best USD to CAD Exchange Rates - Compare Providers & Save

In this US dollar to Canadian dollar guide:

1 USD = CAD

Sell USD → Buy CAD

60-DAY▼LOW

USD to CAD at 1.2504 has fallen 1.0% below average of its 90-day range 1.2319-1.2942.

18-JAN 8PM-NY 19-JAN 1AM-LON 9AM-HK 12PM-SYD

Track Rate

1 CAD = 0.8000 USD

USD/CAD was	Change	Period
1.2705 04 Jan 2022	1.5% ▼	2 Weeks
1.2326 20 Oct 2021	1.5% ▲	90 Days
1.2750 18 Jan 2021	1.8% ▼	1 Year
1.3322 19 Jan 2017	6.1% ▼	5 Years
1.0132 21 Jan 2012	23.5% ▲	10 Years
1.6046 23 Jan 2002	22% ▼	20 Years

USD/CAD change over periods to 18-Jan-2022

In January oil prices have jumped to the highest levels since late October above $80 per barrel, leading analysts to predict another rally for the Canadian Dollar.

Given the outperformance of the CAD in 2021, it was no surprise to see some consolidation from late October as investors took profits. However, by the end of the year the gloss was well and truly off the loonie with it falling to a 1-YEAR LOW below 78 cents.

CADUSD has however revived somewhat in the first weeks of 2022 with the level heading back towards 80 cents.

USD-CAD Forecasts

60-DAY▼LOW

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

Provider	Receive CAD	USD/CAD Rate	Cost
OFX Online & Phone, Helpful Dealers & Support. Lock in exchange rates with Spot & Forward Deals. See details	10,000 USD = 12,435 CAD Up to 489 CAD more 0.5% See details	1.2435	0.5%	Visit OFX Best Value BER 0.5% Special Rate Deal
XE Trusted brand in foreign exchange, XE offer very good rates & $0 transfer fees. See details	10,000 USD = 12,416 CAD Get C$19 less 0.65% See details	1.2416	0.65%	Visit XECompare this Rate
HSBC See details	10,000 USD = 12,161 CAD Get C$274 less 2.69% See details	1.2185	2.69%	Compare this Rate
Western Union See details	10,000 USD = 12,110 CAD Get C$325 less 3.1% See details	1.211	3.1%	Visit Western UnionCompare this Rate
Wells Fargo Bank See details	10,000 USD = 12,021 CAD Get C$414 less 3.81% See details	1.2043	3.81%	Compare this Rate
SHOW ALL	10,000 USD = 12,016 CAD Get C$419 less 3.85%	1.2045	3.85%	Average Bank Rate
TD Bank See details	10,000 USD = 11,996 CAD Get C$439 less 4.01% See details	1.2022	4.01%	Compare this Rate
Bank of America See details	10,000 USD = 11,958 CAD Get C$477 less 4.31% See details	1.1994	4.31%	Compare this Rate
U.S. Bank See details	10,000 USD = 11,946 CAD Get C$489 less 4.41% See details	1.1982	4.41%	Compare this Rate
Paypal See details	10,000 USD = 11,718 CAD Get C$717 less 6.23% See details	1.186	6.23%	Compare this Rate
Xoom See details	Your amount above the Xoom maximum - 2,999 USD 3.68% See details	Compare this Rate
Wise Great rates for Transfers and Multi-currency Card. Get local accounts in 10 currencies. See details	Your amount above the Wise maximum - 5,000 USD 1.35% See details	Visit WiseCompare this Rate

Cost % is Provider Rate Margin vs Mid-rate + Fees

USD/CAD=1.2497

60-DAY▼LOW

My Rates

Compare Transfers from United States to Canada

USD to CAD 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!

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

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.

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.

Rate Tracker

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.

More US dollar rates

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From Amount (USD)	$10,000
To Amount (CAD)	C$12,435
Exchange Rate	1USD = 1.2435 CAD (1CAD = 0.8042USD)
Rate Margin	0.5%
Other Fees	$0
Total Cost (Rate Margin + Fees)	0.5%
Transfer Speed	1-2 days

From Amount (USD)	$10,000
To Amount (CAD)	C$12,416
Exchange Rate	1USD = 1.2416 CAD (1CAD = 0.8054USD)
Rate Margin	0.65%
Other Fees	$0
Total Cost (Rate Margin + Fees)	0.65%
Difference	Get C$19 CAD less than with OFX
Transfer Speed	1-2 days

From Amount (USD)	$10,000
To Amount (CAD)	C$12,161
Exchange Rate	1USD = 1.2185 CAD (1CAD = 0.8207USD)
Rate Margin	2.5%
Other Fees	$20
Total Cost (Rate Margin + Fees)	2.69%
Difference	Get C$274 CAD less than with OFX
Transfer Speed	2-3 days

From Amount (USD)	$10,000
To Amount (CAD)	C$12,110
Exchange Rate	1USD = 1.2110 CAD (1CAD = 0.8258USD)
Rate Margin	3.1%
Other Fees	$0
Total Cost (Rate Margin + Fees)	3.1%
Difference	Get C$325 CAD less than with OFX
Transfer Speed	1-2 days

From Amount (USD)	$10,000
To Amount (CAD)	C$12,021
Exchange Rate	1USD = 1.2043 CAD (1CAD = 0.8304USD)
Rate Margin	3.63%
Other Fees	$18
Total Cost (Rate Margin + Fees)	3.81%
Difference	Get C$414 CAD less than with OFX
Transfer Speed	2-3 days

USD to CAD Exchange Rates

USD to CAD - Compare & Save

Your USD→CAD Foreign Transfer with OFX

Your USD→CAD Foreign Transfer with XE

Your USD→CAD Foreign Transfer with HSBC

Your USD→CAD Foreign Transfer with Western Union

Your USD→CAD Foreign Transfer with Wells Fargo Bank

Your USD→CAD Foreign Transfer : Bank Average

Your USD→CAD Foreign Transfer with TD Bank

Your USD→CAD Foreign Transfer with Bank of America

Your USD→CAD Foreign Transfer with U.S. Bank

Your USD→CAD Foreign Transfer with Paypal

Your USD→CAD Foreign Transfer with Xoom

Your USD→CAD Foreign Transfer with Wise

Multi-Vendor Quote

How to get a good USD to CAD Exchange Rate

Reduce Excessive costs and fees

Will the US dollar rise against the Canadian dollar?

More US dollar rates

MIN/MAX:	Your amount above the Xoom maximum - 2,999 USD
Exchange Rate	1USD = 1.2043 CAD (1CAD = 0.8304USD)
Rate Margin	3.63%
Total Cost (Rate Margin + Fees)	3.68%
Transfer Speed	1-2 days
BER Rating	4.2/5.0