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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 60-day highs near 1.3901, 1.3% above its 3-month average of 1.3721, having traded in a very stable 3.2% range from 1.3490 to 1.3925
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Currency Forecasts related to USD/CAD

USD to CAD Exchange Rate Forecast & Outlook

USD/CAD is currently trading close to 60-day highs near 1.3901, well above its 3-month average. Commodities, especially oil, remain the dominant driver.

Read forecast

USD to EUR Exchange Rate Forecast & Outlook

USD/EUR is trading close to recent 7-day highs near 0.8703, supported by risk-off sentiment and safe-haven flows. The pair remains within its recent range and near the 90-day average.

Read forecast

USD to JPY Exchange Rate Forecast & Outlook

USD/JPY is trading close to recent highs around 160.3, above the 90-day average and near the top of its recent range. The dominant driver is risk sentiment, which currently favors safe-haven currencies.

Read forecast

USD/CAD trades near 1.3901 with a mild downside bias, staying range-bound between 1.3680 and 1.3930. Oil prices and commodity trends are key drivers; any shifts could push the pair higher or lower in the coming months.

 

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$ 1.3910
$ 5 C$ 6.9550
$ 10 C$ 13.91
$ 20 C$ 27.82
$ 50 C$ 69.55
$ 100 C$ 139.10
$ 250 C$ 347.75
$ 500 C$ 695.50
$ 1,000 C$ 1,391
$ 2,000 C$ 2,782
$ 5,000 C$ 6,955
$ 10,000 C$ 13,910
$ 20,000 C$ 27,820
$ 50,000 C$ 69,550
$ 100,000 C$ 139,100
USD CAD
$ 0.7189 C$ 1
$ 3.5945 C$ 5
$ 7.1890 C$ 10
$ 14.38 C$ 20
$ 35.95 C$ 50
$ 71.89 C$ 100
$ 179.73 C$ 250
$ 359.45 C$ 500
$ 718.90 C$ 1,000
$ 1,438 C$ 2,000
$ 3,595 C$ 5,000
$ 7,189 C$ 10,000
$ 14,378 C$ 20,000
$ 35,945 C$ 50,000
$ 71,890 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 1.3841 from OFX . This is -0.5% compared to the mid-market rate 1.3910.

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 1.3841, -0.5% from the latest mid-market rate 1.3910.

The next best is XE at 1.3827, -0.6% from the mid-rate.

Then Wise at 1.3769, which is -1% from the mid-rate.

The Western Union rate is 1.3702 which is -1.5% from the mid-rate.

Among the banks the Chase Bank rate is 1.2901 at -7.3% the Wells Fargo Bank rate is 1.2817 at -7.9% and the Citibank rate is 1.3457 at -3.3% compared to the mid-rate 1.3910.

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: