Canadian Dollar to US Dollar Exchange Rate

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= US$ 0.7554

Refreshing in: 60s | Fri, Nov 15, 02:03AM GMT

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Historical Rate chart of CAD and USD

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Updated: 15 Nov 2019 02:03:06 UTC

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    Canadian Dollar

    Known as the “loonie”, the Canadian dollar is among the world’s top ten most traded currencies. With its extreme sensitivity to movements in crude oil and other commodities, traders often use the Canadian dollar to speculate on these commodities. It’s also closely tied to the US economy and dollar. In recent years, the Canadian dollar has seen a lot of fluctuation alongside the US dollar.
    Currency:Canadian Dollar
    Currency Symbol:$, Can$, C$, CAD
    Sub unit:cent (English) and cenne (Quebec slang)
    Sub unit symbol:¢
    Bank notes:$5, $10, $20, $50, $100
    Coins:5¢, 10¢, 25¢, 50¢, $1, $2

    US Dollar

    The US dollar is the most traded currency in the world. As the world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
    Currency:US Dollar
    Currency Symbol:$, US$, USD$, USD
    Sub unit:cents
    Sub unit symbol:c
    Bank notes:$1, $5, $10, $20, $50, $100
    Coins:1c, 5c, 10c, 25c, 50c

    Canadian Dollar to the US Dollar for the last 10 years

    Nov 2009 Nov 2010 Nov 2011 Nov 2012 Nov 2013 Nov 2014 Nov 2015 Nov 2016 Nov 2017 Nov 2018
    1 CAD = 0.9503 Inverse: 1.0523 0.9887 Inverse: 1.0115 0.9834 Inverse: 1.0168 0.9985 Inverse: 1.0015 0.9562 Inverse: 1.0458 0.8799 Inverse: 1.1364 0.7511 Inverse: 1.3313 0.7389 Inverse: 1.3533 0.7878 Inverse: 1.2693 0.7550 Inverse: 1.3245

    How does the Canadian dollar trade against the US dollar historically?

    Close neighbors, Canada and the US have plenty of historical, trading and political ties. When it comes to forex, the Canadian dollar has generally mirrored the US dollar’s movements.

    When the Canadian dollar rises against the US dollar, it often simultaneously falls against other international currencies. The relationship between the two currencies provides extra clues for economists and forex traders about shifts in the US economy.

    However, since 2002 the Canadian dollar has risen consistently against the US dollar and other currencies. This rise is due to volatility in global oil prices, given Canada’s role as a major oil exporter.

    Canadian Dollar to the US Dollar for the last 10 months

    Jan 14 Feb 14 Mar 17 Apr 17 May 18 Jun 18 Jul 19 Aug 19 Sep 19 Oct 20
    1 CAD = 0.7531 Inverse: 1.3278 0.7520 Inverse: 1.3298 0.7495 Inverse: 1.3343 0.7491 Inverse: 1.3349 0.7425 Inverse: 1.3468 0.7477 Inverse: 1.3373 0.7656 Inverse: 1.3062 0.7502 Inverse: 1.3330 0.7542 Inverse: 1.3260 0.7615 Inverse: 1.3132

    Canadian Dollar to the US Dollar for the last 10 days

    Nov 05 Nov 06 Nov 07 Nov 08 Nov 09 Nov 10 Nov 11 Nov 12 Nov 13 Nov 14
    1 CAD = 0.7602 Inverse: 1.3154 0.7584 Inverse: 1.3186 0.7590 Inverse: 1.3175 0.7560 Inverse: 1.3227 0.7560 Inverse: 1.3227 0.7560 Inverse: 1.3227 0.7556 Inverse: 1.3234 0.7555 Inverse: 1.3237 0.7546 Inverse: 1.3252 0.7547 Inverse: 1.3250

    What affects CAD/USD exchange rates?

    Trade balance

    The trade balance is the difference between the value of a country’s imports and exports over a given period. Economists use the trade balance to measure the relative strength of a country’s economy.

    Nonfarm payroll

    Countries typically track the number of jobs added or lost each month. In general, an economy should add jobs at a healthy pace to increase interest rates. Higher interest rates attract foreign investors, which increases interest in a country’s currency.

    Gross domestic product

    Countries track the monetary value of all the finished goods and services produced within their borders over a specific time. This is used to compare one country’s economy against another.

    Retail sales

    Retail sales is an aggregated measure of the sales of retail goods. Strong sales suggest that a country’s economy is thriving — while weak sales suggest it’s declining.

    Industrial production

    Industrial production data typically reflects changes in overall economic activity. Strong industrial production figures are a bullish sign for the dollar, weak data is a bearish sign.


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    Market rate for common transfer amounts CAD to USD

    Canadian Dollars (CAD) US Dollars (USD)
    $1 0
    $100 0
    $500 0
    $1000 0
    $1500 0
    $2500 0
    $5000 0

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