USD to CAD — Convert US Dollars
to Canadian Dollars
Live US dollar to Canadian dollar exchange rate, with a free USD to CAD converter, conversion tables and a 12-month rate chart.
USD
CAD
Mid-market rate shown for reference. Transfer rates include a margin.
USD/CAD Exchange Rate History
USD to CAD Conversion Table
Convert common US dollar amounts to Canadian dollars at today’s live mid-market exchange rate. For a larger transfer, request a quote to compare a live rate.
USD to CAD
| USD | CAD |
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CAD to USD
| CAD | USD |
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What Affects the USD to CAD Exchange Rate?
USD/CAD is one of the world’s most traded currency pairs. The rate is driven mainly by the interest-rate gap between the US Federal Reserve and the Bank of Canada, the price of oil, and broad risk sentiment.
Fed vs Bank of Canada
The gap between US Federal Reserve and Bank of Canada policy rates is the dominant driver. When the Fed holds rates above the Bank of Canada, the dollar tends to firm against the loonie.
Oil Prices
Canada is a major oil exporter, so the Canadian dollar often moves with crude prices. Higher oil tends to support CAD and push USD/CAD lower.
US Dollar Strength
The dollar is the world’s reserve currency, so global USD demand and US data — inflation, jobs, growth — feed directly into the rate.
Risk Sentiment & Trade
In risk-off periods investors favour the dollar. US–Canada trade flows and tariffs also influence the pair given how closely the two economies are linked.
How to Convert USD to CAD
Use the converter above for a live mid-market USD to CAD rate. If you are making an international transfer rather than just checking the rate, request a quote to compare a real transfer rate. Every Cambridge Currencies transfer is completed by phone with a named specialist.
Check the Live Rate
Enter any US dollar amount above to see the Canadian dollar equivalent at today’s mid-market rate.
Request a Quote
For a transfer, tell us the amount and timing and we’ll provide a live rate you can compare — no obligation.
Set Up Your Account
Quick registration with ID verification, through our FCA-authorised partners. Most accounts are ready within minutes.
Funds Delivered
Once funded, we convert at the agreed USD to CAD rate and send the Canadian dollars to the recipient.
Converting Large Amounts of USD to CAD
On larger transfers — property, business payments or relocation — the margin built into your exchange rate makes a meaningful difference to how many Canadian dollars you receive. The table below illustrates the effect of margin alone at today’s mid-market rate.
| Amount | At a 2% margin | At a 0.4% margin | Difference |
|---|---|---|---|
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Figures are illustrative and show the effect of margin alone at today’s mid-market rate. They are not a quote or a comparison with any specific provider. Your actual rate depends on the amount, currency pair, and market conditions. Request a personalised quote to see your rate.
Making a USD to CAD Transfer?
Request a personalised quote with no transfer fees and dedicated support for larger amounts. Every transfer is completed by phone with a named specialist.
About USD and CAD
USD — US Dollar
The US dollar is the official currency of the United States and the world’s primary reserve currency. It is the most traded currency globally and is managed by the Federal Reserve. It uses the symbol $.
See our US dollar forecast → CAD — Canadian Dollar
The Canadian dollar, nicknamed the “loonie”, is the official currency of Canada and a major commodity currency. It is issued by the Bank of Canada and uses the symbol $ (often written C$). It is closely tied to oil prices.
Learn more about the Canadian dollar →USD to CAD — Frequently Asked Questions
What is the USD to CAD exchange rate today?
The current live US dollar to Canadian dollar mid-market rate is shown at the top of this page and updates throughout the trading day. For a transfer rate, request a personalised quote.
How much is 100 USD in CAD?
Enter 100 in the converter above to see the exact Canadian dollar value at today’s live rate. The conversion table also lists common amounts from $1 up to $250,000.
How much is 1 USD in CAD?
The live value of one US dollar in Canadian dollars is shown in the rate display above. One US dollar is typically worth a little over one Canadian dollar.
How do I convert USD to CAD?
Enter any US dollar amount in the converter above to see the Canadian dollar equivalent at today’s mid-market rate. For an actual transfer, you can request a live quote to compare a real rate.
What is the symbol for the Canadian dollar?
The Canadian dollar uses the dollar symbol $, often written as C$ or CAD to distinguish it from the US dollar. It is also nicknamed the “loonie”.
How often does the USD to CAD converter update?
The live rate refreshes automatically throughout the trading day. The rate shown is the mid-market rate — an actual transfer rate includes a margin.