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    Best USD to CAD Exchange Rates Compared Live

    The best USD to CAD exchange rate is 1.3618. Compare foreign transfer and currency exchange rates, find better rates & deals.

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    Comparing USD-CAD exchange rates

    Exchange rates can vary significantly between different currency exchange providers, so it's important to 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 vs the latest USD-CAD mid-rate (see below) and the possible savings of using another provider.

    @bestfxrates : 📉 USD/CAD Update: FX analysts anticipate a weaker CAD with projections of 0.6380-0.6700 amid falling oil prices & potential BoC rate cuts. Yet, optimism for CAD strength in 2025 persists if USD falters. Keep an eye on oil volatility & BoC moves for currency direction. #USDCAD #ForexTrends

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    USD to CAD Market Data

    US dollar (USD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.

    1 USD =
    1.3618We compare provider deals to this wholesale mid-market rate. Read more
    USD to CAD at 1.3618 is near its 3-month average, having traded in a very stable 2.7% range from 1.3459 to 1.3828
    Sell USD   →   Buy CAD
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    03 May 2024
    0.4% 2 Week
    17 Feb 2024
    1% 3 Month
    18 May 2023
    0.9% 1 Year
    19 May 2019
    1.3% 5 Year
    20 May 2014
    24.9% 10 Year
    22 May 2004
    0.7% 20 Year
    USD/CAD historic rates & change to 17-May-2024

    What are equivalent amounts of USD and CAD?

    Here are some popular conversion amounts for USD to CAD (US dollar to Canadian dollar)*.

    $ 1 C$ 1.3618
    $ 5 C$ 6.8090
    $ 10 C$ 13.62
    $ 20 C$ 27.24
    $ 50 C$ 68.09
    $ 100 C$ 136.18
    $ 250 C$ 340.45
    $ 500 C$ 680.90
    $ 1,000 C$ 1,362
    $ 2,000 C$ 2,724
    $ 5,000 C$ 6,809
    $ 10,000 C$ 13,618
    $ 20,000 C$ 27,236
    $ 50,000 C$ 68,090
    $ 100,000 C$ 136,180
    $ 0.7343 C$ 1
    $ 3.6715 C$ 5
    $ 7.3430 C$ 10
    $ 14.69 C$ 20
    $ 36.72 C$ 50
    $ 73.43 C$ 100
    $ 183.58 C$ 250
    $ 367.15 C$ 500
    $ 734.30 C$ 1,000
    $ 1,469 C$ 2,000
    $ 3,672 C$ 5,000
    $ 7,343 C$ 10,000
    $ 14,686 C$ 20,000
    $ 36,715 C$ 50,000
    $ 73,430 C$ 100,000

    More amounts

    *Converted at the current USDCAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.


    Forecasts for USD to CAD


    Recent forecasts from multiple analysts suggest a bearish outlook for the Canadian dollar (CAD) against the US dollar (USD) in the coming months. Factors such as falling oil prices and a weakening USD have been cited as contributing to the pressure on the CAD. Moreover, the uncertainty surrounding the Bank of Canada (BoC) potentially cutting interest rates sooner and more aggressively than the Federal Reserve has added to the pessimism surrounding the CAD. Wells Fargo & Co., Monex Europe Ltd., Royal Bank of Canada, and Bank of America Corp. are among those expecting more weakness for the CAD relative to the USD, with projections of the CADUSD exchange rate in the range of 0.6380–0.6700.

    Read our full review of recent USD to CAD forecasts.


    How to get a good USD to CAD exchange rate

    There are several ways to save on exchange rates when converting US dollar to Canadian dollar:

    1. Shop around for the best USD/CAD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the USD/CAD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and CAD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Canadian dollar with US dollar, then it's better for the USD/CAD exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

    The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

    Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Will the US dollar rise against the Canadian dollar?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add USD/CAD to your personalised Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


    Read our Currency guide to Canada - a practical currency and money guide to travel, living and doing business in Canada with the Canadian dollar.


    Currency Country Guides

    United StatesUnited States (USD)CanadaCanada (CAD)

    Here are a few things to consider when sending money to Canada:

    1. Fees: Different banks and money transfer services charge different fees for international money transfers. Shop around to find the best deal and compare the fees charged by different providers.

    2. Exchange rate: The exchange rate is the rate at which one currency is converted into another. Keep an eye on the exchange rate when sending money to Canada, as it can fluctuate and impact the amount of money you receive.

    3. Transfer speed: Some money transfer providers offer faster transfer speeds than others. If you need the money to arrive in Canada quickly, consider a provider that offers expedited transfer speeds for an additional fee.

      Read more at our Canada (CAD) country guide


    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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