Convert between 150+ world currencies with live exchange rates using our free currency converter. Includes CAD (Canadian Dollar), USD, EUR, GBP, JPY, AUD, and all major currencies. Rates are updated in real time from open exchange rate sources.
The CAD to USD exchange rate fluctuates daily based on market conditions. Our currency converter uses live rates updated in real time. Historically, the Canadian dollar has traded between 0.68 and 0.89 USD over the past decade.
The Canadian dollar's value relative to the USD is influenced by oil prices (Canada is a major oil exporter), interest rate differentials between the Bank of Canada and the US Federal Reserve, trade balances, and overall economic conditions. The CAD and oil prices have historically been positively correlated.
For the best exchange rates in Canada: use your bank or credit union (often better rates than airport kiosks), use a no-foreign-transaction-fee credit card for purchases abroad, or use services like Wise (formerly TransferWise) for international transfers. Avoid airport currency exchange booths, which typically charge the highest fees.
This converter focuses on traditional fiat currencies. For cryptocurrency conversions, we recommend using a dedicated crypto exchange or converter.