+
For access to your online account please contact your personal account manager, alternatively email hello@currencyflow.com
For access to your online account please contact your personal account manager, alternatively email hello@currencyflow.com
Monitor the live exchange rate between the US dollar and Canadian dollar. Whether you’re making a transfer or following the market, this real-time chart shows how the pair is performing right now.
Here’s how the USD to CAD rate has moved over the last 12 months:
This is one of the most traded North American currency pairs, and it reflects more than just interest rate expectations. Energy prices, risk sentiment, and US economic data all play a part.
Canada is a major oil exporter. When crude prices rise, CAD often strengthens. If prices fall or global demand weakens, the loonie usually comes under pressure, even if domestic economic data is stable.
When the US Federal Reserve sounds hawkish, USD can gain across the board, especially if the Bank of Canada is more cautious. The opposite is also true: if the BoC surprises markets with a rate hike or firm tone, CAD can catch a bid.
Markets react fast to US numbers, jobs, inflation, GDP, and the dollar often moves immediately. Canadian data matters too, but it usually needs to beat expectations to shift momentum.
When markets are calm and commodity demand is strong, CAD tends to do well. In risk-off environments, investors often retreat to USD, pushing this pair higher.
If you’re converting US dollars to Canadian dollars for a property purchase, business transfer, or family support, every fraction of a percent in the rate can make a difference. Our service offers:
Frequently, especially during trading hours or after major US or Canadian data releases.
It’s the reference point. We use it as a base and apply a small, transparent margin, typically lower than what banks charge.
Yes. You can fix today’s rate with a forward contract if you want to avoid future swings.
Not always, but in general, strong oil prices help the Canadian dollar. When energy markets weaken, CAD often softens too.
