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 details and click ‘Compare’.
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
22 May 2025
0.7216
1.4% ▲
2 Week
07 Mar 2025
0.6958
5.1% ▲
3 Month
05 Jun 2024
0.7304
0.1% ▲
1 Year
06 Jun 2020
0.7451
1.8% ▼
5 Year
08 Jun 2015
0.8053
9.2% ▼
10 Year
10 Jun 2005
0.7994
8.5% ▼
20 Year
CAD/USD historic rates & change to 05-Jun-2025
CAD hits 90-day high vs USD, now at 0.7311 (2.5% above 3-month avg). BoC rate hold & potential US tariffs creating volatility per analysts. Experts warn widening CA trade deficit could pressure loonie despite recent strength. #forex #CADUSD
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 * :
The standard OFX CAD-USD rate is 0.7205, -1.6% from the mid-rate. Visit OFX here to secure the better rate.
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.