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    Canadian dollar Exchange Update, Chart & History

    CAD Markets Update - Our review of Canadian dollar Forecasts and News plus Charts and Historic Rates. Check CAD Trends over various time periods.

     

    Canadian dollar (CAD) Market Update

    The Canadian dollar (CAD) has faced ongoing pressure in recent months due to a combination of factors such as falling oil prices and a weakening US dollar. The ‘Loonie’ saw fresh 2024 lows in April, with the CAD underperforming against other major currencies. Geopolitical tensions in the Middle East have added pressure on oil prices, a key Canadian export, exacerbating the CAD's struggles. The Bank of Canada (BoC) has remained cautious, leaving rates unchanged and expressing a dovish bias in its latest assessment of the economic outlook, causing FX analysts to predict further weakness for the CAD relative to the US dollar.

    As oil prices continue to fluctuate and US economic data influences market sentiment, the CAD remains closely tied to these external factors. A potential divergence in central bank policies between the BoC and the Federal Reserve may further impact CAD exchange rates. Despite some support for the CAD through early March, uncertainties surrounding global economic growth and ongoing geopolitical tensions have kept pressure on the Loonie. With analysts forecasting a continuation of CAD weakness in the coming months, especially against the US dollar, it will be crucial for businesses and individuals involved in international transactions to stay informed and consider these market dynamics to optimize their currency exchange strategies.

    In terms of recent price data, the CAD to USD pair has reached 30-day highs near 0.7351, showing relatively stable trading within a narrow range over the past few months. Conversely, the CAD to EUR pair has hit 90-day lows near 0.6753, underperforming against the Euro, while the CAD to GBP pair is at 60-day lows near 0.5794, indicating challenges against the British Pound. For CAD to JPY, the currency is performing relatively better, trading at 113.8 which is above the 3-month average of 111.9. Oil price movements have also played a significant role, with OIL to USD currently trading at 82.87, 3.2% below its 3-month average, reflecting the ongoing volatility in the commodity markets that continue to impact the Canadian dollar.

     

    Canadian dollar to US dollar - CAD/USD Trend

     
    CAD to USD at 0.7339 is near its 3-month average, having traded in a very stable 2.7% range from 0.7232 to 0.7430
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    1 CAD =
    0.7337We compare provider deals to this wholesale mid-market rate. Read more
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    Compare & Save on Exchange Rates

    Exchange rates can vary significantly between banks and currency exchange providers, so it's important to compare rates from different sources before making a conversion.

    The below table makes it easy to calculate and compare the Total Cost you are being charged on currency rates and the possible savings of using a foreign exchange provider rather than your bank.

     

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    Top CAD Rates


    Canadian dollar to US dollar

    CAD to USD at 0.7339 is near its 3-month average, having traded in a very stable 2.7% range from 0.7232 to 0.7430
    CAD to USD
    0.7337
    -0.1%
    1M

    US dollar to Canadian dollar

    USD to CAD at 1.3625 is near its 3-month average, having traded in a very stable 2.7% range from 1.3459 to 1.3828
    USD to CAD
    1.3630
    +0.1%
    1M

    Canadian dollar to Euro

    CAD to EUR at 0.6760 is just 0.6% below its 3-month average of 0.6803, having traded in a stable 1.9% range from 0.6750 to 0.6876
    CAD to EUR
    0.6751
    +0.0%
    3M

    Canadian dollar to Mexican peso

    CAD to MXN at 12.16 is 1.6% below its 3-month average of 12.36, having traded in a quite stable 5.7% range from 12.01 to 12.69
    CAD to MXN
    12.14
    -0.4%
    1M

    US dollar to Euro

    USD to EUR at 0.9210 is just 0.5% below its 3-month average of 0.9259, having traded in a very stable 3.1% range from 0.9134 to 0.9417
    USD to EUR
    0.9201
    +0.1%
    1M

    Canadian dollar to Indian rupee

    CAD to INR at 61.14 is near its 3-month average, having traded in a stable 2.0% range from 60.49 to 61.72
    CAD to INR
    61.13
    -0.0%
    1M

    Canadian dollar to Pound Sterling

    CAD to GBP is at 60-day lows near 0.5775, just 0.9% below its 3-month average of 0.5826, having traded in a very stable 2.8% range from 0.5749 to 0.5910
    CAD to GBP
    0.5769
    -0.2%
    2M

    Canadian dollar to Philippine peso

    CAD to PHP is at 90-day highs near 42.66, 2.5% above its 3-month average of 41.63, having traded in a very stable 4.0% range from 41.01 to 42.66
    CAD to PHP
    42.71
    +0.5%
    3M

    Canadian dollar to Australian dollar

    CAD to AUD at 1.1007 is 1.8% below its 3-month average of 1.1208, having traded in a very stable 3.6% range from 1.0959 to 1.1355
    CAD to AUD
    1.1000
    +0.3%
    3M

    Indian rupee to Canadian dollar

    INR to CAD at 0.016356 is near its 3-month average, having traded in a stable 2.0% range from 0.016202 to 0.016531
    INR to CAD
    0.016360
    +0.1%
    1M

    A-Z


    Canadian dollar to Australian dollar

    CAD to AUD at 1.1007 is 1.8% below its 3-month average of 1.1208, having traded in a very stable 3.6% range from 1.0959 to 1.1355
    CAD to AUD
    1.1000
    +0.3%
    3M

    Canadian dollar to Brazilian real

    CAD to BRL is at 7-day lows near 3.7465, just 0.8% above its 3-month average of 3.7171, having traded in a quite stable 4.7% range from 3.6442 to 3.8161
    CAD to BRL
    3.7453
    -0.1%
    1W

    Canadian dollar to Swiss franc

    CAD to CHF is at 14-day highs near 0.6683, 1.2% above its 3-month average of 0.6606, having traded in a very stable 3.4% range from 0.6473 to 0.6692
    CAD to CHF
    0.6673
    +0.1%
    2W

    Canadian dollar to Chilean peso

    CAD to CLP is at 90-day lows near 650.9, 7.1% below its 3-month average of 700.6, having traded in a rather volatile 12.2% range from 650.9 to 730.5
    CAD to CLP
    653.51
    -0.7%
    3M

    Canadian dollar to Chinese yuan

    CAD to CNY is at 30-day highs near 5.3097, just above its 3-month average, having traded in a very stable 3.6% range from 5.1627 to 5.3482
    CAD to CNY
    5.1995
    +1.1%
    1M

    Canadian dollar to Czech Republic horuna

    CAD to CZK at 16.71 is 2.5% below its 3-month average of 17.14, having traded in a quite stable 5.0% range from 16.68 to 17.52
    CAD to CZK
    16.66
    +0.2%
    3M

    Canadian dollar to Danish krone

    CAD to DKK at 5.0435 is just 0.6% below its 3-month average of 5.0744, having traded in a stable 1.8% range from 5.0374 to 5.1257
    CAD to DKK
    5.0377
    +0.0%
    2M

    Canadian dollar to Euro

    CAD to EUR at 0.6760 is just 0.6% below its 3-month average of 0.6803, having traded in a stable 1.9% range from 0.6750 to 0.6876
    CAD to EUR
    0.6751
    +0.0%
    3M

    Canadian dollar to Pound Sterling

    CAD to GBP is at 60-day lows near 0.5775, just 0.9% below its 3-month average of 0.5826, having traded in a very stable 2.8% range from 0.5749 to 0.5910
    CAD to GBP
    0.5769
    -0.2%
    2M

    Canadian dollar to Hong Kong dollar

    CAD to HKD at 5.7232 is just below its 3-month average, having traded in a very stable 2.6% range from 5.6636 to 5.8113
    CAD to HKD
    5.7257
    -0.1%
    1M

    Canadian dollar to Israeli new sheqel

    CAD to ILS at 2.7101 is near its 3-month average, having traded in a relatively stable 6.5% range from 2.6263 to 2.7981
    CAD to ILS
    2.6954
    -0.4%
    1W

    Canadian dollar to Indian rupee

    CAD to INR at 61.14 is near its 3-month average, having traded in a stable 2.0% range from 60.49 to 61.72
    CAD to INR
    61.13
    -0.0%
    1M

    Canadian dollar to Japanese yen

    CAD to JPY is at 14-day highs near 114.7, 2.4% above its 3-month average of 112, having traded in a relatively stable 6.5% range from 108.7 to 115.8
    CAD to JPY
    114.62
    +0.3%
    2W

    Canadian dollar to Mexican peso

    CAD to MXN at 12.16 is 1.6% below its 3-month average of 12.36, having traded in a quite stable 5.7% range from 12.01 to 12.69
    CAD to MXN
    12.14
    -0.4%
    1M

    Canadian dollar to Malaysian ringgit

    CAD to MYR is at 90-day lows near 3.4377, 1.3% below its 3-month average of 3.4835, having traded in a very stable 3.3% range from 3.4377 to 3.5503
    CAD to MYR
    3.4429
    -0.1%
    3M

    Canadian dollar to New Zealand dollar

    CAD to NZD at 1.2020 is 1.2% below its 3-month average of 1.2166, having traded in a very stable 3.8% range from 1.1952 to 1.2405
    CAD to NZD
    1.2026
    +0.4%
    2M

    Canadian dollar to Philippine peso

    CAD to PHP is at 90-day highs near 42.66, 2.5% above its 3-month average of 41.63, having traded in a very stable 4.0% range from 41.01 to 42.66
    CAD to PHP
    42.71
    +0.5%
    3M

    Canadian dollar to Pakistani rupee

    CAD to PKR at 204.4 is near its 3-month average, having traded in a very stable 3.3% range from 201.1 to 207.7
    CAD to PKR
    204.36
    +0.3%
    1M

    Canadian dollar to Singapore dollar

    CAD to SGD at 0.9889 is just below its 3-month average, having traded in a stable 1.3% range from 0.9857 to 0.9989
    CAD to SGD
    0.9881
    +0.0%
    1W

    Canadian dollar to Thai baht

    CAD to THB is at 30-day lows near 26.50, just 0.8% below its 3-month average of 26.71, having traded in a very stable 3.8% range from 26.13 to 27.12
    CAD to THB
    26.65
    -0.3%
    1M

    Canadian dollar to New Taiwan dollar

    CAD to TWD at 23.65 is just above its 3-month average, having traded in a very stable 2.6% range from 23.23 to 23.84
    CAD to TWD
    23.70
    +0.1%
    1W

    Canadian dollar to US dollar

    CAD to USD at 0.7339 is near its 3-month average, having traded in a very stable 2.7% range from 0.7232 to 0.7430
    CAD to USD
    0.7337
    -0.1%
    1M

    Canadian dollar to South African rand

    CAD to ZAR at 13.39 is 3.0% below its 3-month average of 13.81, having traded in a relatively stable 7.9% range from 13.27 to 14.32
    CAD to ZAR
    13.30
    +0.4%
    3M