US Dollar to Canadian Dollar — USD to CAD
USD to CAD Converter
USD/CAD Rate — Last 30 Days
USD dipped 0.32% this week — minor weakness, within normal market noise.
The 7-day and 30-day averages are very close — USD/CAD is consolidating without a clear directional bias. Watch for a breakout from this range.
The rate is in the bottom 20% of its 30-day range — bearish short-term positioning. Watch if it holds support or breaks to a new low.
RSI above 50 means buyers are in control over the recent period. At 55, momentum is moderately bullish — not extreme, suggesting the trend has room to continue without being overextended.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 1.4108 | 1.4041 | 1.4076 |
| 30 days | 1.4231 | 1.3580 | 1.3934 |
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Set a target rate — we email you when USD/CAD hits it. Checked every 15 minutes.
Historical USD/CAD Rates by Year
What drives the USD/CAD rate?
Whether you're heading to Canada, sending money north of the border, or just tracking the loonie, here's what drives the US Dollar to Canadian Dollar rate. The USD/CAD rate is strongly influenced by oil prices since Canada is one of the world's largest oil exporters. When crude oil prices rise, global demand for Canadian dollars increases, typically strengthening CAD against USD. Bank of Canada interest rate decisions and US Federal Reserve policy also play major roles — when Canada raises rates faster than the US, CAD typically strengthens. The pair is also sensitive to Canada-US trade data and GDP releases.
How to get the best USD to CAD rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 USD exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.