USD to CAD Market Data
US dollar (USD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
📊 Quick forecast view
🔴 Mild downside
1.3680 – 1.3930
🛢️ Commodity price trends
⚪ Range-bound
90-day market context
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.
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.
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.
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 * :
*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 1.3886 from Wise. This is -0.21% compared to the mid-market rate 1.3915.
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 Wise at 1.3886, -0.21% from the latest mid-market rate 1.3915.
The next best is OFX at 1.3873, -0.3% from the mid-rate.
Then XE at 1.3831, which is -0.6% from the mid-rate.
The Western Union rate is 1.3706 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 1.3915.
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.
