Live CAD to USD exchange rate chart

Use this live chart to track the current CAD to USD exchange rate. Whether you're sending money, watching market trends, or timing a cross-border transaction, this real-time feed keeps you updated on rate movements.

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CAD to USD: What’s been happening?

Here’s how the CAD to USD rate has moved over the last 12 months:

12-month high 1 CAD = 0.745 USD
12-month low 1 CAD = 0.6796 USD
Average rate 1 CAD = 0.7172 USD

Weekly change: -1.62%
Monthly change: -1.55%
Yearly change: 0.2%

Compared to this day last year:
0.7221 → 0.7235

What moves the CAD to USD rate?

The CAD to USD pair reflects more than just interest rates. It’s shaped by commodity markets, risk appetite, and the diverging pace of US and Canadian economic performance.

Oil prices shape CAD's strength

Canada is a major oil exporter. When global crude oil prices rise, CAD tends to gain, since demand for Canadian exports increases. If energy prices drop or global growth slows, the loonie often loses ground.

Rate differentials matter

The Bank of Canada and the US Federal Reserve don’t always move in sync. If the Fed hikes faster or signals stronger growth, the USD typically strengthens. But if the BoC surprises markets with firm guidance or strong data, CAD can outperform.

US data drives the USD side

Markets respond quickly to US economic indicators, like jobs, inflation, and retail sales, making the US dollar react swiftly. Canadian data influences the loonie too, but usually requires a significant surprise to shift momentum meaningfully.

Risk appetite influences flow

In times of global uncertainty, investors tend to move toward the US dollar as a safe haven. When risk appetite improves or commodity prices rally, CAD often finds support.

Need to send money from Canada to the US?

Whether you're moving funds for a US property purchase, paying an invoice, or sending money to family, every fraction in the exchange rate can affect how much arrives. Our service offers:

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Competitive CAD to USD exchange rates
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No hidden fees or surprise charges
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Fast, same-day transfers in most cases
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Support from a dedicated currency expert

Why trust Currencyflow

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Your money is protected

Funds are held securely in safeguarded accounts with our FCA-regulated partners, always separate from company funds.
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Experience with Canada–US transfers

From business payments to individual needs, we’ve handled thousands of CAD to USD transactions, helping clients optimise timing and minimise costs.
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Built for security

We use two-factor authentication and real-time monitoring to protect every account and transfer from fraud.

Frequently asked questions

How often does the CAD to USD rate change?

It changes frequently, especially during North American trading hours or after key economic releases in the US or Canada.

Is the mid-market rate what I’ll get?

Not exactly. We use the mid-market rate as a reference and apply a small, transparent margin, typically better than most banks.

Can I lock in a CAD to USD rate now for future use?

Yes. Forward contracts let you fix today's rate and reduce risk if you're planning a future transfer.

Does oil always impact the Canadian dollar?

Not always, but often. When oil markets rally, CAD tends to benefit. If energy demand weakens, CAD usually comes under pressure, especially if paired with soft economic data.

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