Exchange rates can fluctuate by the minute while markets are open. However, the period between 3-4 PM GMT is often a good time to convert Canadian Dollars to US Dollars because currency market liquidity and trading volume tend to be the highest during this time. Additionally, it’s advisable to convert Canadian Dollars to US Dollars early in the week if you need USD urgently. Executing a trade late in the week might result in a delayed settlement until the following week, as forex markets are closed on weekends. The USD and CAD can be traded 24×5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.

Send money home with security designed to keep your transfers protected. To view rates between the Canadian Dollar and the US Dollar for a particular year, click on one of the links below. To view rates between the US Dollar and the Canadian Dollar for a particular year, click on one of the links below. This means the US Dollar has increased in value compared to the Canadian Dollar.

US Dollar to Canadian Dollar Conversion Chart

The USD to CAD exchange rate usually has a negative correlation with the GBP/USD, AUD/USD, and NZD/USD pairs. USD/CAD is one of three commodity pairs that include NZD/USD and AUD/USD. These pairs are strongly correlated to commodity fluctuations, oil in particular. Many leading competitors have a dirty little secret.

Xe currency data API

We partner with leading data providers to bring you the latest and most accurate prices for all major currencies and precious metals. Exchange-rates.org has been a leading provider of currency quotes and precious metal prices for nearly 20 years. Our information is trusted by millions of users across the globe each month .

You can convert up to CAD 25,000 with this tool. Join millions from across the globe who trust Remitly to send money home. Promotional FX rate applies to first CAD 1,500.00 sent. Save money when you send, spend and get paid in over 40+ currencies. All you need, in one account, whenever you need it. Whether you need to make cross-border payments or FX risk management solutions, we’ve got you covered.

However, the period between 3-4 PM GMT is often a good time to convert US Dollars to Canadian Dollars because currency market liquidity and trading volume tend to be the highest during this time. Additionally, it’s advisable to convert US Dollars to Canadian Dollars early in the week if you need CAD urgently. Heading to the U.S. and need to exchange your Canadian dollars (CAD) to U.S. dollars (USD)? Or heading home and want to convert your USD to CAD? This quick and easy CAD ⇔ USD currency converter shows you what your currency is worth today, so you know the value of the money you have in either currency.

Canadian Dollar to United States Dollar

You’ll now see the value of the converted currency according to the most recent exchange rate. Calculate the exchange rate between Canadian Dollars and US Dollars as of Thursday, July 03, 2025. Rest easy knowing your transfers will be delivered on time, or we’ll refund your fees. With the currency converter, you can convert 1 United States Dollar to Canadian Dollars and find out how much one united States Dollar is currently worth in Dollars. Also, you can make a reverse calculation and find out the current value of 1 Canadian Dollar in United States Dollars.

USD to CAD exchange rates today

Our interactive USD to CAD chart use real-time mid-market exchange rates and allow you to view historical data up to the last 5 years. Set an alert now, and we’ll tell you when it gets better. And with our daily summaries, you’ll never miss out on the latest news. The CAD and USD can be traded 24×5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.

• The dollar has been the currency of Canada since 1858.
• USD/CAD is one of three commodity pairs that include NZD/USD and AUD/USD.
• Choose what works for you from a growing network of banks and cash pickup locations.
• We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk.
• There are several factors that tend to influence USD/CAD.

This currency pair is usually called the Loonie, a reference to the loon on the Canadian $1 coin. There are several factors that tend to influence USD/CAD. In Canada, the Bank of Canada determines interest rates while the Federal Reserve does the same in the U.S. An interest rate differential can affect relative currency values.

• Or heading home and want to convert your USD to CAD?
• Exchange rates can fluctuate by the minute while markets are open.
• The USD and CAD can be traded 24×5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.
• This means the US Dollar has increased in value compared to the Canadian Dollar.

Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. Where is better exchange rate to exchange Canadian dollars to USD? Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Our smart tech means we’re more efficient – which means you get a great rate. The USD to Canadian dollar currency pair tells traders how many Canadian dollars are needed to buy one US dollar.

Canadian Dollar (CAD) to US Dollar (USD) Exchange Rate on 2025-07-03

Schedule international transfers across 130 currencies in 190+ countries. The U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. It’s known locally as a buck or greenback. Choose what works for you from a growing network of banks and cash pickup locations.

Frequently Asked Question about CAD to USD

We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk. ValutaFX is a leading provider of exchange rate and banking data which is trusted by millions of people trade your way to financial freedom across the globe. We’ve been providing the most accurate and up-to-date data about exchange rates and currencies since 2015. Which foreign currency exchange has the best exchange rate in Montreal?

They add hidden markups to their exchange rates – charging you more without your knowledge. And if they have a fee, they charge you twice. The cost of 1 United States Dollar in Canadian Dollars today is $1.37 according to the “Open Exchange Rates”, compared to yesterday, the exchange rate increased by 0.03% (by +$0.0004). The exchange rate of the United States Dollar in relation to the Canadian Dollar on the chart, the table of the dynamics of the cost as a percentage for the day, week, month and year. Wise never hides fees in the exchange rate. Compare our rate and fee with our competitors and see the difference for yourself.

The dollar has been the currency of Canada since 1858. A number of central banks keep Canadian dollars as a reserve currency. It’s known locally as a buck or a loonie, with the two-dollar coin known as a toonie. See how much you can get when you convert your Canadian or foreign currency.