The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
CAD to USD Market Data
Canadian dollar (CAD) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the CAD to USD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Canadian dollar against the US dollar is to review how the CAD/USD rate has changed over time.
The table below shows the percentage change in the CAD to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
CAD/USD
Change
Period
14 Aug 2025
0.7239
0.3% ▲
2 Week
30 May 2025
0.7278
0.2% ▼
3 Month
28 Aug 2024
0.7420
2.2% ▼
1 Year
29 Aug 2020
0.7634
4.9% ▼
5 Year
31 Aug 2015
0.7602
4.5% ▼
10 Year
02 Sep 2005
0.8422
13.8% ▼
20 Year
CAD/USD historic rates & change to 28-Aug-2025
Caution surrounds CAD vs. USD as oil prices fluctuate and inflation cools, dropping to 1.7% in July. Analysts note CAD's stable range near 0.7273 could shift with a 70% chance of a BoC rate cut. USD gains strength from risk-off sentiment; stay alert to economic updates
@bestfxrates
CAD to USD 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 Canadian dollar are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
What is the
best Send Money conversion rate for CAD to USD?
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to US dollar (USD) rates from different sources before making a conversion.
The above
Loonie to Dollar 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 CAD-USD mid-rate and the possible savings of using various providers.
How do CAD-USD rates compare between providers?
The next best is Wise at 0.723, -0.59% from the mid-rate.
Then XE at 0.7229, which is -0.6% from the mid-rate.
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.