PayPal USD to CAD Exchange Rates - Compare & Save

PayPal exchange rates at a glance

When you use the PayPal to make a foreign transfer the total cost will depend on how you pay, but generally you will be charged between 4%-7% percent of the total amount being converted depending on how you pay.

When you use a debit/credit card to pay for your transfer you will be charged an extra 3% when you load your PayPal wallet.

How is the PayPal exchange rate calculated?

The base foreign exchange rate at which PayPal obtains foreign currency is determined by 3rd party financial institutions, and are adjusted regularly based on market conditions. The exchange rate that PayPal then provides you also includes a processing fee above the base rate.

The exchange rate provided by PayPal is fixed for each currency and does not change for small or large amounts.

If you use your credit card to send a payment, you can usually opt to use your credit card provider’s conversion rate instead of PayPal's.

If you choose to use MasterCard or Visa’s exchange rate, the applied conversion rate will be shown on your credit card statement, and not at the time of the transaction.

When you use the PayPal App in the US to send a payment to a different currency, you will be using Xoom, a PayPal Service.

USD to CAD Market Data

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

Sell USD → Buy CAD

1 USD = CAD

▲+0.3%

30d-highs

USD to CAD is at 30-day highs near 1.3983, 1.1% below its 3-month average of 1.4139, having traded in a quite stable 5.3% range from 1.3777 to 1.4509

14-MAY 8PM-NY 15-MAY 1AM-LON 8AM-HK 10AM-SYD

Tracker

Manage Tracker

1 CAD = 0.7150 USD

Date	USD/CAD	Change	Period
01 May 2025	1.3849	0.8% ▲	2 Week
14 Feb 2025	1.4180	1.5% ▼	3 Month
15 May 2024	1.3598	2.7% ▲	1 Year
16 May 2020	1.4108	1% ▼	5 Year
18 May 2015	1.2127	15.2% ▲	10 Year
20 May 2005	1.2632	10.6% ▲	20 Year

USD/CAD historic rates & change to 15-May-2025

What are equivalent amounts of USD and CAD?

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

USD	CAD
$ 1	C$ 1.3986
$ 5	C$ 6.9930
$ 10	C$ 13.99
$ 20	C$ 27.97
$ 50	C$ 69.93
$ 100	C$ 139.86
$ 250	C$ 349.65
$ 500	C$ 699.30
$ 1,000	C$ 1,399
$ 2,000	C$ 2,797
$ 5,000	C$ 6,993
$ 10,000	C$ 13,986
$ 20,000	C$ 27,972
$ 50,000	C$ 69,930
$ 100,000	C$ 139,860

USD	CAD
$ 0.7150	C$ 1
$ 3.5750	C$ 5
$ 7.1500	C$ 10
$ 14.30	C$ 20
$ 35.75	C$ 50
$ 71.50	C$ 100
$ 178.75	C$ 250
$ 357.50	C$ 500
$ 715.00	C$ 1,000
$ 1,430	C$ 2,000
$ 3,575	C$ 5,000
$ 7,150	C$ 10,000
$ 14,300	C$ 20,000
$ 35,750	C$ 50,000
$ 71,500	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

15 MayThe USD to CAD exchange rate recently hit 30-day highs close to 1.3983, although it remains 1.1% below its three-month average of 1.4139. This recent fluctuation reflects a relatively stable trading range of 5.3%, with values oscillating between 1.3777 and 1.4509. Current pressure on the US dollar results from disappointing inflation data and ongoing trade concerns. Analysts have pointed to President Donald Trump's criticism of the Federal Reserve and his call for lower interest rates as factors undermining confidence in the dollar.

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:

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.
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.
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.
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.
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.

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

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.

Compare Rates

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.

Manage Tracker

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

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

Currency Country Guides

United States (USD)

Canada (CAD)

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

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.
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.
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.
Transfer limits: Most banks and money transfer providers have limits on the amount of money you can send in a single transaction. Check with your provider to find out what the limits are and whether you'll need to send multiple transactions to send the amount you need.
Security: Make sure to use a reputable and secure provider when sending money to Canada. Look for a provider that uses encryption to protect your personal and financial information.

Read more at our Canada (CAD) country guide