USD to CAD Exchange Rate and Currency Converter

Convert USD to CAD

Two North American currencies, one time zone band, and a rate that tracks the price of crude more closely than any other major pair. The converter above prices USD/CAD from the latest European Central Bank reference rate as you type.

Unusually for this set, both legs of this pair trade through the same sessions. There is no overnight gap between a New York close and a Toronto open, which makes the daily reference rate a closer match to reality here than on the Asian or Pacific crosses.

USD to CAD Exchange Rate Today

1 USD = 1.3920 CAD and 1 CAD = 0.7184 USD at the European Central Bank reference rate published on 15 September 2026. That means 100 US dollars converts to 139.20 Canadian dollars, and 100 Canadian dollars converts to 71.84 US dollars.

The US dollar is trading in the upper part of its recent range against the Canadian dollar. The pair sits above its 30 day average of 1.3865 and the 7 August high of 1.4010.

These figures reflect the latest ECB reference rate, which the European Central Bank publishes once each working day at around 16:00 Central European Time. This page checks for a new fixing every hour, and the converter above uses the same rate.

Live signals on Telegram

Trading USD/CAD today?

The exchange rate shows where the pair is now. Our Telegram signals help you understand possible trade setups.

325,000+ traders inside the community

Join The Forex Complex Learn how it works

Wesley · Founder of TFXC

US Dollar to Canadian Dollar Conversion Table

Dollar amounts converted at 1 USD = 1.3920 CAD. Both currencies use cents, so the two columns read on the same scale.

Canadian Dollar to US Dollar Conversion Table

Running it the other way at 1 CAD = 0.7184 USD. Note that a Canadian dollar currently buys just over 72 US cents.

USD/CAD Historical Exchange Rate

The Canadian dollar has had a strong month. USD/CAD peaked at 1.4105 on 29 July 2026 and bottomed at 1.3740 on 21 August, a 2.66 percent span, and it now sits at 1.3854. Falling in this pair means the loonie is gaining, and it has gained 1.78 percent over 30 days.

The 2026 band runs from 1.3524 to 1.4240. Zoom out further and the record is instructive: USD/CAD reached 1.6173 on 21 January 2002, and fell to 0.90708 on 7 November 2007, a period when one Canadian dollar bought more than one US dollar. Parity is not a theoretical level on this pair. It has been breached.

USD/CAD 24-Hour Change

A 0.11 percent dip in the latest session, from 1.3869 to 1.3854. Half this pair’s typical daily movement, and no disturbance to the monthly picture.

USD/CAD 7-Day Change

Up 0.83 percent on the week, measured from the monthly floor of 1.3740 set on 21 August. A loonie month, but a greenback week.

USD/CAD 30-Day Change

Down 1.78 percent from 1.4105, and trading below the 30 day average of 1.3929. Sustained loonie strength, and the clearest directional signal on the page. Note the sterling cross-check: the pound has also gained on the Canadian dollar this month, which says the loonie’s run here is mostly a story about a soft US dollar.

What Affects the USD to CAD Exchange Rate?

No major pair is more closely wedded to a single commodity. Canada exports roughly four million barrels of crude a day, the vast majority of it south across the border, and USD/CAD prices that relationship in real time.

• Crude oil. The dominant input. Rising oil lifts the Canadian dollar and pulls USD/CAD down. The correlation is strong enough that oil traders and loonie traders watch the same screens.
• Federal Reserve versus Bank of Canada. These two central banks tend to move in the same direction, which compresses the rate differential and is part of why this pair ranges rather than trends.
• Cross-border trade. The United States and Canada run one of the largest bilateral trading relationships on earth. Tariff news, trade agreement friction and border policy all register here.
• US economic data. Because Canada sends around three quarters of its exports to the US, American payrolls and GDP move the Canadian dollar almost as directly as Canadian data does.
• Broad dollar strength. When the US dollar rallies against everything, USD/CAD rises even if nothing has changed in Canada.
• Canadian employment and CPI. Domestic releases matter most when they shift Bank of Canada expectations away from the Fed’s path.

Want the underlying mechanics of quote conventions and pip values? Start with forex pairs and how they work.

USD/CAD Market Context for Traders

The loonie is the quiet major. Spreads are tight, liquidity is reliable, and the pair rarely produces the violent single-session moves that characterise the yen crosses. What it does instead is grind, sometimes for weeks, in service of an oil trend. Traders who want drama look elsewhere. Traders who want a clean macro thesis with a tradeable proxy tend to keep coming back.

Current USD/CAD Trend

Lower, on Canadian dollar strength. The pair has shed 1.78 percent in 30 days, trades under its 30 day average of 1.3929, and its recent low of 1.3740 is the weakest USD/CAD has printed since the year’s floor at 1.3524. Momentum sits with the loonie, though the past week has clawed back most of a percent.

USD/CAD Volatility Snapshot

A 0.22 percent average daily move and a 0.79 percent worst session over the past 30 days. Among the four dollar-quoted majors on this site, USD/CAD is the calmest.

Lower volatility cuts both ways. It means smaller adverse excursions, and it also means the same profit target needs either more time or more size. Anyone carrying position sizing habits over from USD/JPY will find this pair frustratingly slow; anyone arriving from GBP/EUR will find it lively. Our position size calculator and forex pip calculator take the guesswork out of that adjustment. Expect volatility to spike around Bank of Canada announcements, US non-farm payrolls, and weekly crude inventory data.

Key USD/CAD Levels to Watch

Reference points from ECB data. Descriptive markers, not signals.

Trading Signals for USD/CAD

Knowing the rate is one thing. Knowing whether a 1.78 percent monthly slide is a trend worth joining or a move worth fading is another. Our free forex signals exist for the second question.

Live signals on Telegram

Want trade ideas based on current market conditions?

Join The Forex Complex Telegram group for live forex signals and market updates on USD/CAD and every other major pair.

325,000+ traders inside the community

Join The Forex Complex Learn how it works

Wesley · Founder of TFXC

The Forex Complex Team Insights

Treat this converter as a starting point rather than a conclusion. The recurring mistake we see on USD/CAD is traders analysing it as a currency pair when it behaves, much of the time, as a leveraged oil position with a central bank overlay. If your view on the loonie is not ultimately a view on crude, it is worth asking what it is a view on. Pair this page with live signals, chart work, and risk limits you set before you enter.

How to Convert US Dollars to Canadian Dollars

1. Drop your US dollar figure into the upper field.
2. Make sure CAD is selected opposite it, or tap swap to invert.
3. The live rate prints below both fields.
4. Glance at the 30 day block. This pair has moved 1.78 percent in a month, so timing is worth two seconds of thought.
5. Trading rather than transferring? Cross-check against current sentiment and open signals first.

Reverse the exercise by typing a Canadian figure into the lower field. The US dollar equivalent recalculates on every keystroke.

Related US Dollar Currency Pairs

Every pair below runs off the same hourly ECB feed as this one.

Related Forex Trading Tools

• Forex Pip Calculator
• Forex Margin Calculator
• Position Size Calculator
• Fibonacci Calculator
• Pivot Point Calculator
• Risk of Ruin Calculator

USD to CAD FAQs

How much is 1 USD in CAD today?

1.3920 Canadian dollars per US dollar, per the ECB fixing dated 15 September 2026. The tool above re-reads that feed every hour.

How much is $100 USD in CAD today?

100 US dollars comes to 139.20 Canadian at the reference rate. Expect less in practice: a bank wire, a card payment or a bureau will each price in a margin, and on a sum this size a 3 percent spread costs you roughly 4 Canadian dollars.

How much is $1 Canadian in US dollars today?

0.7184 US dollars. Ten Canadian dollars buys 7.18 US, and 1,000 buys 718.39.

Is CAD getting stronger against USD?

Yes, and it has been for a month. USD/CAD has dropped 1.78 percent over 30 days, which by convention means the Canadian dollar is appreciating. The pair now trades beneath its 30 day average of 1.3929 after touching 1.3740 on 21 August. Worth qualifying though: the loonie has slipped against sterling across the same period, so this is better read as broad US dollar softness than as a Canada-specific story.

What is 1 pound to a Canadian dollar?

Sterling buys 1.8769 Canadian dollars at the current ECB fixing. That cross has its own page with conversion tables and market context: see our GBP to CAD converter.

Has the Canadian dollar ever been worth more than the US dollar?

It has. USD/CAD fell to 0.90708 on 7 November 2007, the lowest reading in ECB records, meaning one Canadian dollar fetched roughly 1.10 US at the peak of the commodity boom. The opposite extreme came on 21 January 2002 at 1.6173. Today’s 1.3854 sits between the two, closer to the weak-loonie end.

Why does the USD to CAD exchange rate change?

Continuous two-way trading in a deep market, driven principally by crude oil prices and the policy gap between the Federal Reserve and the Bank of Canada. Because the two economies are so tightly integrated, US data frequently moves the Canadian dollar as forcefully as Canadian data does.

Can I use this USD/CAD rate for forex trading?

For orientation, yes. For execution, no. What you see here is a mid-market reference fixed once each working day by the ECB. Live dealing happens between a bid and an ask, and although USD/CAD spreads are narrow by cross standards, they widen around Bank of Canada decisions and oil inventory releases. Pull a live quote from your platform before committing.

How often is the USD to CAD rate updated?

Every 60 minutes from the ECB feed, though the ECB publishes only once per working day at approximately 16:00 Central European Time. One quirk favours this pair: 16:00 CET falls mid-morning in New York and Toronto, so the fixing lands while both markets are open, which is not true of any Asian or Pacific cross on this site.

How We Calculate This Exchange Rate

Source: European Central Bank reference rates, fetched via the Frankfurter API and cached for sixty minutes. What that gives you is the mid-market number, sitting exactly between wholesale bid and offer. It is a reference, not an offer. Every commercial provider prices around it and keeps the difference, so the practical value of the mid-market rate is comparison: run your amount here, put it beside the quote you were given, and the gap is the fee. Informational content, not financial advice. Per the ECB, these are averages published for information, not executable rates.

Last updated: 15 September 2026

Important Risk Note

Trading currencies carries risk and will not suit everyone. Rates can move quickly on economic releases and central bank decisions. USD/CAD carries a specific exposure worth naming: an oil shock can reprice this pair in minutes for reasons that have nothing to do with either central bank. Set your risk parameters before you open a position, not after.

Live signals on Telegram

Ready to follow live forex setups?

Join The Forex Complex Telegram signals group and get market updates directly on your phone.

325,000+ traders inside the community

Join The Forex Complex Learn how it works

Wesley · Founder of TFXC