The Wells Fargo Bank USD to CAD rate is 1.2703. This is -7.9% below the mid-rate. Compare Wells Fargo Bank currency conversion rates - Reduce FX costs.
The Wells Fargo Bank USD to CAD exchange rate is 1.2703. This is -7.9% compared to the latest USD-CAD mid-market rate 1.3790.
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.
Looking at our comparison table the best USD to CAD exchange rate is 1.3721 from OFX, -0.5% from the mid-market rate 1.3790. The next best rate is 1.3707 from XE, -0.6% from the mid-rate. Then Wise with 1.37 is -0.65% from the mid-rate.
The Western Union rate is 1.3652 which is -1% from the mid-rate.
Among the banks, the Chase Bank rate is 1.2786 at -7.3%, the Wells Fargo Bank rate is 1.2703 at -7.9%, and the Citibank rate is 1.3337 at -3.3% compared to the mid-rate 1.3790.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Wells Fargo Bank 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.
The Wells Fargo Bank Dollar to Loonie comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Wells Fargo Bank and other foreign exchange providers against the latest USD-CAD mid-rate (see Market Data below ) and the possible savings of using various providers.
Wells Fargo is the third-largest consumer bank in the U.S. by assets after Chase Bank and Bank of America serving millions of consumers and small business clients worldwide from its headquarters in San Francisco, California.
Sending or receiving international transfers to or from your Wells Fargo bank account will include a margin rate of between 3% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).
The Wells Fargo app and website allow you to check the FX rate prior to scheduling an international wire. So you can check the rate and compare to the best rates from our BER partner brokers to check for a better deal.
US dollar (USD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/CAD | Change | Period |
|---|---|---|---|
22 Apr 2025 | 1.3848 | 0.2% ▼ | 2 Week |
05 Feb 2025 | 1.4316 | 3.4% ▼ | 3 Month |
06 May 2024 | 1.3665 | 1.2% ▲ | 1 Year |
07 May 2020 | 1.3974 | 1.1% ▼ | 5 Year |
09 May 2015 | 1.2079 | 14.5% ▲ | 10 Year |
11 May 2005 | 1.2456 | 11% ▲ | 20 Year |
Here are some popular conversion amounts for USD to CAD (US dollar to Canadian dollar)*.
*Converted at the current USDCAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The USD to CAD exchange rate has recently been impacted by significant shifts due to geopolitical tensions and economic indicators. Analysts report that the US dollar (USD) is currently under pressure, experiencing weakness attributed to ongoing tariff anxieties and a mounting trade deficit, which reached a record high of $140.5 billion in March. With investors anticipating the Federal Reserve’s imminent interest rate decision, the USD has seen muted movement. Experts are noting that the uncertainty surrounding President Trump’s trade policies may be contributing to a weakening dollar, raising concerns about potential recessionary impacts on the U.S. economy.
Read our full review of recent USD to CAD forecasts.
There are several ways to save on exchange rates when converting US dollar to Canadian dollar:
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.
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.
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
| 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
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The Canadian dollar has defied political chaos and global headwinds to emerge as one of 2025’s unlikely winners. But with minority rule in Ottawa, soaring household debt, and a high-stakes U.S. election looming, the loonie’s fight for survival is just beginning.
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The global currency landscape is experiencing notable shifts as the euro strengthens against major currencies, influenced by economic policies, geopolitical events, and fluctuating oil prices.
Further reading on the Canadian dollar (CAD) - Guides, Reviews & News from our research team.
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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