Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

USD to CAD Transfers Compared

USD-CAD Rate Calculator

 
 
   
   
   
   
   
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Canada can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Canada bank accounts or pay a Canadian dollar invoice.

 
   

USD to CAD Market Data

US dollar (USD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.

90-day market context

USD to CAD is at 14-day lows near 1.4040, just 1.0% above its 3-month average of 1.3905, having traded in a quite stable 4.8% range from 1.3582 to 1.4233
|

Currency Forecasts related to USD/CAD

USD to CAD Exchange Rate Forecast & Outlook

Currently, USD/CAD is trading close to 14-day lows near 1.4040, supported by risk-off sentiment and geometrically near its 3-month average of 1.3905. The dominant driver remains risk sentiment, with safe-haven...

Read forecast

USD to EUR Exchange Rate Forecast & Outlook

Currently, USD/EUR is trading near 0.874, about 1.2% above its 90-day average of 0.864. The pair is supported by risk-off sentiment stemming from geopolitical tensions, which continues to boost safe-haven demand for the US dollar.

Read forecast

USD to JPY Exchange Rate Forecast & Outlook

USD/JPY is trading close to 161, holding near the 90-day average and near recent highs. Risk sentiment remains risk-off, supported by geopolitical tensions in the Middle East.

Read forecast

USD/CAD trades near 1.4040 amid risk-off sentiment and geopolitical tensions. The pair remains range-bound, with potential support around current levels unless risk appetite improves. Expect limited movement in the near term.

 

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 * :

USD CAD
$ 1 C$ 1.4009
$ 5 C$ 7.0045
$ 10 C$ 14.01
$ 20 C$ 28.02
$ 50 C$ 70.05
$ 100 C$ 140.09
$ 250 C$ 350.23
$ 500 C$ 700.45
$ 1,000 C$ 1,401
$ 2,000 C$ 2,802
$ 5,000 C$ 7,005
$ 10,000 C$ 14,009
$ 20,000 C$ 28,018
$ 50,000 C$ 70,045
$ 100,000 C$ 140,090
USD CAD
$ 0.7138 C$ 1
$ 3.5690 C$ 5
$ 7.1380 C$ 10
$ 14.28 C$ 20
$ 35.69 C$ 50
$ 71.38 C$ 100
$ 178.45 C$ 250
$ 356.90 C$ 500
$ 713.80 C$ 1,000
$ 1,428 C$ 2,000
$ 3,569 C$ 5,000
$ 7,138 C$ 10,000
$ 14,276 C$ 20,000
$ 35,690 C$ 50,000
$ 71,380 C$ 100,000

More amounts

*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 1.3939 from OFX . This is -0.5% compared to the mid-market rate 1.4009.

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 1.3939, -0.5% from the latest mid-market rate 1.4009.

The next best is XE at 1.3924, -0.61% from the mid-rate.

Then Wise at 1.3866, which is -1% from the mid-rate.

The Western Union rate is 1.3798 which is -1.5% from the mid-rate.

Among the banks the Chase Bank rate is 1.2854 at -8.2% the Wells Fargo Bank rate is 1.2811 at -8.6% and the Citibank rate is 1.3456 at -3.9% compared to the mid-rate 1.4009.

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.

 

View a full list of exchange rates by selecting your Base (from) currency: