USD to CAD Market Data
US dollar (USD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Currency Forecasts related to USD/CAD
USD to CAD Exchange Rate Forecast & Outlook
Currently, USD/CAD is trading just above its 3-month average within a very stable range, supported by elevated oil prices and risk-off sentiment. Over the next few sessions, the pair may face downward pressure...
USD to EUR Exchange Rate Forecast & Outlook
Currently, USD/EUR is trading near the high of its recent range, supported by a risk-off environment and geopolitical tensions. Over the next few sessions, these conditions may lead to a gradual easing in the...
USD to JPY Exchange Rate Forecast & Outlook
Currently, USD/JPY is trading near 157.9, just above its 3-month average of 156.6. It remains supported by safe-haven flows driven by risk-off sentiment amid geopolitical tensions.
USD to CAD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
*Converted at the current USD-CAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the best Send Money conversion rate for USD to CAD?
The best USD to CAD exchange rate is 1.365 from OFX . This is -0.5% compared to the mid-market rate 1.3719.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above Dollar to Loonie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest USD-CAD mid-rate and the possible savings of using various providers.
How do USD-CAD rates compare between providers?
Looking at the full USD to CAD - Send Money comparison table the provider with the best USD to CAD exchange rate is OFX at 1.365, -0.5% from the latest mid-market rate 1.3719.
The next best is XE at 1.3636, -0.61% from the mid-rate.
Then Wise at 1.358, which is -1% from the mid-rate.
The Western Union rate is 1.3513 which is -1.5% from the mid-rate.
Among the banks the Chase Bank rate is 1.287 at -6.2% the Wells Fargo Bank rate is 1.2829 at -6.5% and the Citibank rate is 1.346 at -1.9% compared to the mid-rate 1.3719.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
