Canadian Dollar to US Dollar Exchange Rate

Live Rate

= US$ 0.7549

Refreshing in: 60s | Wed, Sep 18, 12:46AM GMT

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Historical Rate chart of CAD and USD

Updated: 18 Sep 2019 00:46:21 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

    Sep 2009 Sep 2010 Sep 2011 Sep 2012 Sep 2013 Sep 2014 Sep 2015 Sep 2016 Sep 2017 Sep 2018
    1 CAD = 0.9396 Inverse: 1.0643 0.9711 Inverse: 1.0298 1.0184 Inverse: 0.9819 1.0304 Inverse: 0.9705 0.9689 Inverse: 1.0321 0.9092 Inverse: 1.0999 0.7581 Inverse: 1.3191 0.7600 Inverse: 1.3157 0.8199 Inverse: 1.2197 0.7669 Inverse: 1.3040

    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

    Nov 2018 Dec 2018 Jan 2019 Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019
    1 CAD = 0.7606 Inverse: 1.3148 0.7432 Inverse: 1.3456 0.7529 Inverse: 1.3282 0.7550 Inverse: 1.3245 0.7497 Inverse: 1.3339 0.7491 Inverse: 1.3349 0.7425 Inverse: 1.3468 0.7457 Inverse: 1.3410 0.7641 Inverse: 1.3087 0.7509 Inverse: 1.3318

    Canadian Dollar to the US Dollar for the last 10 days

    Sep 08 Sep 09 Sep 10 Sep 11 Sep 12 Sep 13 Sep 14 Sep 15 Sep 16 Sep 17
    1 CAD = 0.7594 Inverse: 1.3169 0.7592 Inverse: 1.3171 0.7606 Inverse: 1.3147 0.7585 Inverse: 1.3185 0.7569 Inverse: 1.3212 0.7524 Inverse: 1.3290 0.7524 Inverse: 1.3290 0.7568 Inverse: 1.3213 0.7552 Inverse: 1.3242 0.7551 Inverse: 1.3242

    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.

    Send money from Canada to the US

    Rates last updated September 18th, 2019
    Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
    TransferWise International Money Transfers
    CAD 1
    1 - 2 days
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    XE International Money Transfers
    CAD 0
    1 day
    Online, Phone, Bank Account to Bank Account
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    TorFX International Money Transfers
    AUD 2,000
    1 day
    Online, Phone, Agent
    TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply.

    Send money overseas in 45 currencies.
    Exclusive: OFX (Ozforex) International Money Transfers
    USD 150
    1 day
    Online, Phone, Agent
    Exclusive offer: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee.
    A higher exchange rate applies to non-finder customers. Send money in 45 currencies.
    CurrencyFair International Money Transfers
    CAD 5
    1 - 2 days
    Special offer: Pay zero fees on your first 5 transfers.
    Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
    Venstar Exchange International Money Transfers
    CAD 7,000
    1 day
    Phone, Bank Account to Bank Account
    Venstar Exchange offers competitive exchange rates and zero fees on large transfers over US$10,000.
    CurrencyTransfer International Money Transfers
    GBP 5,000
    1 - 2 days
    Online, Phone, Bank Account to Bank Account, International Money Order
    Aimed at larger transfers, CurrencyTransfer is an online marketplace that lets you shop around for the best exchange rate.
    The ‘Rate’ and ‘Amount Received’ displayed are indicative rates that have been supplied by each brand or gathered by Finder.

    Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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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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