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    Canadian dollar Exchange Update, Chart & History

    CAD Markets Update with Chart with Historic Rates . Check CAD Trends over various time periods.

     

    Canadian dollar (CAD) Market Update

    The recent forecasts and currency market updates for the CAD suggest a mixed outlook for the Canadian dollar. CIBC Capital Markets has revised their year-end forecast for the USD/CAD exchange rate in 2024 to 1.31, hinting at the potential strength of the US dollar against the Canadian dollar next year. However, they also highlight optimism for the Canadian dollar in 2025, foreseeing a weaker USD against other major currencies.

    Scotiabank analysts point out that the Canadian dollar has not met its Q3 2023 forecasts against the USD but believe it is undervalued based on core economic factors. They speculate that the Bank of Canada might raise interest rates before the end of the year, which the market might be underestimating. As a result, they project the USD/CAD rate might approach 1.30 by the end of 2023.

    Despite the potential for residual weakness in the CAD, recent strong employment figures in Canada suggest a possible pick-up in economic activity. The market anticipates that the Bank of Canada might tighten its monetary policy considering the undervaluation of the CAD and expectations that the central bank might become less passive in the coming months.

    Regarding currency pair movements, the CAD/USD exchange rate is currently at 30-day highs near 0.7359, slightly above its 3-month average, and has traded within a stable range of 0.7204-0.7436. The CAD/EUR rate is 2.0% below its 3-month average at 0.6706, also trading within a stable range of 0.6659-0.7053. The CAD/GBP rate stands at 0.5819, 1.8% below its 3-month average of 0.5924, within a stable range of 0.5788-0.6105. Lastly, the CAD/JPY rate of 109.1 is near its 3-month average, fluctuating within a narrow range of 107.1-110.8.

    As Canada is a major oil exporter, CAD can be influenced by oil price movements. Currently, the Brent Crude OIL/USD exchange rate is at 79.98, 8.6% below its 3-month average of 87.46. It has experienced high volatility, ranging from 77.39 to 96.61.

    In summary, while some forecasts anticipate relative weakness in the CAD in the near term, there are indications of potential strength in the Canadian dollar against the USD in the medium to long term. The market is closely monitoring the Bank of Canada's potential interest rate decisions and the overall global currency landscape.

     

    Canadian dollar to US dollar - CAD/USD Trend

     
    CAD to USD is at 30-day highs near 0.7381, just 0.7% above its 3-month average of 0.7329, having traded in a very stable 3.2% range from 0.7204 to 0.7436
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    30-DAY HIGH
     
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    Top CAD Rates


    Canadian dollar to US dollar

    CAD to USD is at 30-day highs near 0.7381, just 0.7% above its 3-month average of 0.7329, having traded in a very stable 3.2% range from 0.7204 to 0.7436
    CAD to USD
    0.7379
    30-DAY HIGH

    US dollar to Canadian dollar

    USD to CAD is at 30-day lows near 1.3548, just 0.7% below its 3-month average of 1.3645, having traded in a very stable 3.2% range from 1.3448 to 1.3882
    USD to CAD
    1.3551
    30-DAY LOW

    Canadian dollar to Euro

    CAD to EUR at 0.6708 is 2.0% below its 3-month average of 0.6843, having traded in a quite stable 5.9% range from 0.6659 to 0.7053
    CAD to EUR
    0.6708
     no alerts

    Canadian dollar to Indian rupee

    CAD to INR is at 30-day highs near 61.48, just 0.9% above its 3-month average of 60.93, having traded in a very stable 3.1% range from 60.05 to 61.93
    CAD to INR
    61.48
    30-DAY HIGH

    Canadian dollar to Pound Sterling

    CAD to GBP is at 60-day lows near 0.5803, 2.0% below its 3-month average of 0.5924, having traded in a quite stable 5.3% range from 0.5796 to 0.6105
    CAD to GBP
    0.5806
    60-DAY LOW

    Canadian dollar to Mexican peso

    CAD to MXN at 12.63 is 1.4% below its 3-month average of 12.81, having traded in a fairly volatile 8.9% range from 12.31 to 13.40
    CAD to MXN
    12.64
     no alerts

    US dollar to Euro

    USD to EUR is at 90-day lows near 0.9089, 2.6% below its 3-month average of 0.9336, having traded in a quite stable 5.1% range from 0.9089 to 0.9554
    USD to EUR
    0.9091
    90-DAY LOW

    Canadian dollar to Philippine peso

    CAD to PHP at 40.89 is 1.1% below its 3-month average of 41.36, having traded in a quite stable 5.2% range from 40.21 to 42.32
    CAD to PHP
    40.85
     no alerts

    Canadian dollar to Australian dollar

    CAD to AUD at 1.1100 is 2.6% below its 3-month average of 1.1398, having traded in a quite stable 5.2% range from 1.1086 to 1.1662
    CAD to AUD
    1.1110
    90-DAY LOW
    1-DAY -0.8%

    Indian rupee to Canadian dollar

    INR to CAD is at 30-day lows near 0.016267, just 0.9% below its 3-month average of 0.016413, having traded in a very stable 3.1% range from 0.016147 to 0.016652
    INR to CAD
    0.016266
    30-DAY LOW

      US dollar to US dollar Index

    The U.S. Dollar Index is at 90-day lows near 102.6, 2.4% below its 3-month average of 105.1, having traded in a quite stable 4.4% range from 102.6 to 107.1
    US dollar Index
    102.64
    90-DAY LOW
    1-DAY -0.8%

    A-Z


    Canadian dollar to Australian dollar

    CAD to AUD at 1.1100 is 2.6% below its 3-month average of 1.1398, having traded in a quite stable 5.2% range from 1.1086 to 1.1662
    CAD to AUD
    1.1110
    90-DAY LOW
    1-DAY -0.8%

    Canadian dollar to Brazilian real

    CAD to BRL at 3.5910 is 1.2% below its 3-month average of 3.633, having traded in a relatively stable 6.8% range from 3.5370 to 3.7784
    CAD to BRL
    3.5948
    14-DAY HIGH1d

    Canadian dollar to Swiss franc

    CAD to CHF at 0.6472 is 1.4% below its 3-month average of 0.6566, having traded in a quite stable 5.9% range from 0.6447 to 0.6825
    CAD to CHF
    0.6470
    90-DAY LOW4d

    Canadian dollar to Chilean peso

    CAD to CLP at 641.1 is 2.0% below its 3-month average of 654.2, having traded in a quite volatile 12.0% range from 621.1 to 695.7
    CAD to CLP
    640.28
    60-DAY LOW5d

    Canadian dollar to Chinese yuan

    CAD to CNY at 5.2149 is 2.0% below its 3-month average of 5.3189, having traded in a quite stable 4.9% range from 5.1814 to 5.4344
    CAD to CNY
    5.2215
    90-DAY LOW5d
    1-DAY +0.8%1d

    Canadian dollar to Czech Republic horuna

    CAD to CZK at 16.25 is 2.8% below its 3-month average of 16.71, having traded in a quite stable 5.9% range from 16.23 to 17.18
    CAD to CZK
    16.25
     no alerts

    Canadian dollar to Danish krone

    CAD to DKK at 4.9950 is 2.1% below its 3-month average of 5.1034, having traded in a quite stable 5.9% range from 4.9651 to 5.2584
    CAD to DKK
    5.0006
     no alerts

    Canadian dollar to Euro

    CAD to EUR at 0.6708 is 2.0% below its 3-month average of 0.6843, having traded in a quite stable 5.9% range from 0.6659 to 0.7053
    CAD to EUR
    0.6708
     no alerts

    Canadian dollar to Fijian dollar

    CAD to FJD at 1.6405 is 1.3% below its 3-month average of 1.6629, having traded in a quite stable 4.3% range from 1.6330 to 1.7031
    CAD to FJD
    1.6410
     no alerts

    Canadian dollar to Pound Sterling

    CAD to GBP is at 60-day lows near 0.5803, 2.0% below its 3-month average of 0.5924, having traded in a quite stable 5.3% range from 0.5796 to 0.6105
    CAD to GBP
    0.5806
    60-DAY LOW

    Canadian dollar to Hong Kong dollar

    CAD to HKD is at 30-day highs near 5.7579, just above its 3-month average, having traded in a very stable 3.2% range from 5.6340 to 5.8155
    CAD to HKD
    5.7537
    30-DAY HIGH

      Canadian dollar to Croatian kuna

    CAD to HRK at 5.0479 is 2.1% below its 3-month average of 5.1561, having traded in a quite stable 5.9% range from 5.0162 to 5.3144
    CAD to HRK
     
    5.0548
     no alerts

    Canadian dollar to Hungarian forint

    CAD to HUF at 252.9 is 3.6% below its 3-month average of 262.3, having traded in a fairly volatile 9.7% range from 252.4 to 276.9
    CAD to HUF
    253.22
     no alerts

    Canadian dollar to Indonesian rupiah

    CAD to IDR at 11316 is just 0.5% below its 3-month average of 11376, having traded in a very stable 3.5% range from 11200 to 11588
    CAD to IDR
    11351.1
    14-DAY HIGH5d

    Canadian dollar to Israeli new sheqel

    CAD to ILS at 2.7156 is 3.8% below its 3-month average of 2.8229, having traded in a fairly volatile 9.6% range from 2.7084 to 2.9684
    CAD to ILS
    2.7183
     no alerts

    Canadian dollar to Indian rupee

    CAD to INR is at 30-day highs near 61.48, just 0.9% above its 3-month average of 60.93, having traded in a very stable 3.1% range from 60.05 to 61.93
    CAD to INR
    61.48
    30-DAY HIGH

    Canadian dollar to Icelandic krona

    CAD to ISK at 101.0 is just 0.5% above its 3-month average of 100.5, having traded in a fairly volatile 8.1% range from 96.38 to 104.2
    CAD to ISK
    101.10
    14-DAY LOW4d
    4-DAY -2.2%2d

    Canadian dollar to Japanese yen

    CAD to JPY at 108.6 is just below its 3-month average, having traded in a very stable 3.5% range from 107.1 to 110.8
    CAD to JPY
    108.61
    1-DAY -0.8%

    Canadian dollar to Sri Lankan rupee

    CAD to LKR is at 90-day highs near 242.8, 1.9% above its 3-month average of 238.3, having traded in a very stable 3.1% range from 235.4 to 242.8
    CAD to LKR
    241.92
    90-DAY HIGH
    1-DAY +0.8%1d

    Canadian dollar to Mexican peso

    CAD to MXN at 12.63 is 1.4% below its 3-month average of 12.81, having traded in a fairly volatile 8.9% range from 12.31 to 13.40
    CAD to MXN
    12.64
     no alerts

    Canadian dollar to Malaysian ringgit

    CAD to MYR is at 14-day highs near 3.4450, near its 3-month average, having traded in a very stable 3.7% range from 3.3682 to 3.4924
    CAD to MYR
    3.4295
    14-DAY HIGH

    Canadian dollar to Norwegian krone

    CAD to NOK at 7.8224 is 1.6% below its 3-month average of 7.9499, having traded in a quite stable 4.3% range from 7.7937 to 8.1322
    CAD to NOK
    7.8348
     no alerts

    Canadian dollar to Nepalese rupee

    CAD to NPR is at 30-day highs near 98.24, just 0.8% above its 3-month average of 97.42, having traded in a very stable 3.4% range from 95.72 to 98.98
    CAD to NPR
    97.90
    30-DAY HIGH

    Canadian dollar to New Zealand dollar

    CAD to NZD is at 90-day lows near 1.1909, 3.4% below its 3-month average of 1.2334, having traded in a quite stable 5.2% range from 1.1909 to 1.2533
    CAD to NZD
    1.1921
    90-DAY LOW
    1-DAY -1.1%

    Canadian dollar to Omani rial

    CAD to OMR is at 30-day highs near 0.2838, just 0.6% above its 3-month average of 0.2821, having traded in a very stable 3.2% range from 0.2773 to 0.2863
    CAD to OMR
    0.2841
    30-DAY HIGH

    Canadian dollar to Philippine peso

    CAD to PHP at 40.89 is 1.1% below its 3-month average of 41.36, having traded in a quite stable 5.2% range from 40.21 to 42.32
    CAD to PHP
    40.85
     no alerts

    Canadian dollar to Pakistani rupee

    CAD to PKR is at 30-day highs near 210.7, just 0.6% below its 3-month average of 211.9, having traded in a rather volatile 13.2% range from 199.5 to 225.8
    CAD to PKR
    209.64
    30-DAY HIGH
    1-DAY +1.7%

    Canadian dollar to Polish zloty

    CAD to PLN is at 90-day lows near 2.8939, 6.0% below its 3-month average of 3.0793, having traded in a rather volatile 12.9% range from 2.8939 to 3.2684
    CAD to PLN
    2.8974
    90-DAY LOW

    Canadian dollar to Qatari rial

    CAD to QAR at 2.6842 is just 0.6% above its 3-month average of 2.669, having traded in a very stable 3.3% range from 2.6222 to 2.7075
    CAD to QAR
    2.6868
    30-DAY HIGH

    Canadian dollar to Saudi riyal

    CAD to SAR is at 30-day highs near 2.7650, just 0.6% above its 3-month average of 2.749, having traded in a very stable 3.3% range from 2.7009 to 2.7893
    CAD to SAR
    2.7677
    30-DAY HIGH

    Canadian dollar to Solomon Islands dollar

    CAD to SBD at 6.2480 is 1.3% above its 3-month average of 6.1692, having traded in a very stable 3.0% range from 6.0757 to 6.2603
    CAD to SBD
    6.2541
    90-DAY HIGH

    Canadian dollar to Swedish krona

    CAD to SEK is at 90-day lows near 7.6014, 5.1% below its 3-month average of 8.0092, having traded in a fairly volatile 9.2% range from 7.6014 to 8.3036
    CAD to SEK
    7.6081
    90-DAY LOW

    Canadian dollar to Singapore dollar

    CAD to SGD at 0.9815 is 1.5% below its 3-month average of 0.996, having traded in a quite stable 4.3% range from 0.9748 to 1.0168
    CAD to SGD
    0.9814
     no alerts

    Canadian dollar to Thai baht

    CAD to THB at 25.56 is 2.6% below its 3-month average of 26.23, having traded in a relatively stable 6.9% range from 25.45 to 27.21
    CAD to THB
    25.59
    4-DAY -1.5%

    Canadian dollar to Turkish lira

    CAD to TRY is at 90-day highs near 21.32, 5.0% above its 3-month average of 20.3, having traded in a rather volatile 12.5% range from 18.95 to 21.32
    CAD to TRY
    21.34
    90-DAY HIGH

    Canadian dollar to New Taiwan dollar

    CAD to TWD at 23.07 is 1.8% below its 3-month average of 23.49, having traded in a quite stable 4.3% range from 22.91 to 23.90
    CAD to TWD
    23.01
     no alerts

    Canadian dollar to US dollar

    CAD to USD is at 30-day highs near 0.7381, just 0.7% above its 3-month average of 0.7329, having traded in a very stable 3.2% range from 0.7204 to 0.7436
    CAD to USD
    0.7379
    30-DAY HIGH

    Canadian dollar to Vietnamese dong

    CAD to VND is at 14-day highs near 17870, just above its 3-month average, having traded in a very stable 3.2% range from 17577 to 18134
    CAD to VND
    17876.3
    14-DAY HIGH

    Canadian dollar to Samoan tala

    CAD to WST is at 90-day highs near 2.0642, 2.3% above its 3-month average of 2.018, having traded in a quite stable 4.4% range from 1.9778 to 2.0642
    CAD to WST
    2.0662
    90-DAY HIGH

    Canadian dollar to Central African franc

    CAD to XAF at 439.5 is 2.1% below its 3-month average of 448.8, having traded in a quite stable 5.9% range from 436.8 to 462.7
    CAD to XAF
    440.04
     no alerts

    Canadian dollar to East Caribbean dollar

    CAD to XCD is at 30-day highs near 1.9923, just 0.6% above its 3-month average of 1.9807, having traded in a very stable 3.2% range from 1.9469 to 2.0096
    CAD to XCD
    1.9943
    30-DAY HIGH

    Canadian dollar to West African franc

    CAD to XOF at 439.5 is 2.1% below its 3-month average of 448.8, having traded in a quite stable 5.9% range from 436.8 to 462.7
    CAD to XOF
    440.04
     no alerts

    Canadian dollar to CFP franc

    CAD to XPF at 79.96 is 2.1% below its 3-month average of 81.65, having traded in a quite stable 5.9% range from 79.46 to 84.17
    CAD to XPF
    80.05
     no alerts

    Canadian dollar to South African rand

    CAD to ZAR at 13.70 is just 0.7% below its 3-month average of 13.79, having traded in a relatively stable 6.9% range from 13.31 to 14.23
    CAD to ZAR
    13.72
    14-DAY HIGH4d
    7-DAY +3.5%