The WorldRemit USD to CAD rate is 1.3502. This is -2.4% below the mid-rate. Compare WorldRemit currency conversion rates - Reduce FX costs.
The WorldRemit USD to CAD exchange rate is 1.3502. This is -2.4% compared to the latest USD-CAD mid-market rate 1.3834.
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 1.3765 from OFX, -0.5% from the mid-market rate 1.3834. The next best rate is 1.3751 from XE, -0.6% from the mid-rate. Then Wise with 1.3744 is -0.65% from the mid-rate.
The Western Union rate is 1.3696 which is -1% from the mid-rate.
Among the banks, the Chase Bank rate is 1.2823 at -7.3%, the Wells Fargo Bank rate is 1.274 at -7.9%, and the Citibank rate is 1.3376 at -3.3% compared to the mid-rate 1.3834.
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 like WorldRemit or platforms that offer rates closer to the mid-market rate.
The WorldRemit Dollar to Loonie comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by WorldRemit and other foreign exchange providers against the latest USD-CAD mid-rate (see Market Data below ) and the possible savings of using various providers.
WorldRemit is a popular online money transfer service that allows users to send money to over 130 countries worldwide. The platform is known for its easy-to-use interface and low fees, making it a great option for people looking to send money to friends and family overseas.
One of the standout features of WorldRemit is its flexibility when it comes to payment and delivery options. Users can choose to send money via bank transfer, mobile money, or cash pickup, and recipients can receive funds through a bank account, mobile wallet, or cash pick-up location. This makes it easy for users to find a payment and delivery method that works best for them and their recipients.
In addition, WorldRemit offers competitive exchange rates and low fees, which can help users save money on international transfers. The platform also provides real-time updates on the status of transfers, so users can easily track their funds and ensure they arrive at their intended destination.
Overall, WorldRemit is a reliable and user-friendly platform for sending money internationally. Its wide range of payment and delivery options, competitive rates, and real-time updates make it a top choice for many users.
For more details on WorldRemit exchange rates, service and what their users think read our guide WorldRemit Foreign Transfers Reviewed.
US dollar (USD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/CAD | Change | Period |
|---|---|---|---|
15 Apr 2025 | 1.3958 | 0.7% ▼ | 2 Week |
29 Jan 2025 | 1.4397 | 3.8% ▼ | 3 Month |
29 Apr 2024 | 1.3668 | 1.4% ▲ | 1 Year |
30 Apr 2020 | 1.3953 | 0.7% ▼ | 5 Year |
02 May 2015 | 1.2151 | 14% ▲ | 10 Year |
04 May 2005 | 1.2483 | 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.
Recent forecasts for the USD to CAD exchange rate suggest a volatile landscape shaped by economic data releases, geopolitical risks, and the influence of commodity prices, particularly oil. Analysts report that the US dollar (USD) has encountered significant pressure, recently plunging due to tariff fears and disappointing manufacturing data, particularly from Texas, which has sparked worries about the potential for a recession. With the recent implementation of tariffs targeting major trading partners, including China and the European Union, sentiment towards the USD has shifted markedly. Investors are increasingly concerned about a prolonged downturn in the US economy, which may lead to further declines in the dollar's value if upcoming job openings and consumer confidence data fail to show improvement.
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.
Read more at our Canada (CAD) country guide
News2025-03-19
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.
Economists are predicting that the Canadian dollar could rise this year.
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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