US Dollar to Canadian Dollar exchange rate

As of 2026-07-08, 1 US Dollar equals 1.4193 Canadian Dollar at the mid-market exchange rate. This is the fairest reference rate — the midpoint between what buyers and sellers are paying on global currency markets.

The USD/CAD pair — nicknamed the 'Loonie' — tracks North American trade, oil prices, and interest-rate differences between the US Federal Reserve and the Bank of Canada.

US Dollar (USD, $): The US Dollar is the world's primary reserve currency and the most traded currency on global foreign-exchange markets. It is the official currency of the United States.

Canadian Dollar (CAD, C$): The Canadian Dollar is influenced by oil prices because Canada is a major crude oil exporter. It is used in Canada.

Exchange rates respond to interest-rate decisions by central banks such as Federal Reserve and Bank of Canada, inflation data, trade balances, and geopolitical events.

For USD/CAD specifically, shifts in capital flows between the United States and Canada, changes in commodity prices, and differences in economic growth rates all contribute to daily rate movements.

Over the past 30 days, USD/CAD traded between 1.3938 and 1.4232, with the pair gaining 1.77% overall. The current rate of 1.4193 sits above the 30-day midpoint of 1.4085.

Historical context helps you judge whether today's rate is relatively strong or weak, but past performance does not predict future movements. Always compare the rate you are offered against the mid-market figure shown here.

Banks and card providers typically add a 1–4% margin on top of the mid-market rate shown on this page, plus fixed transfer fees. Before exchanging USD for CAD, compare the final amount you will receive — not just the headline rate.

For larger amounts, specialist money-transfer services often beat bank rates. For travel, prepaid multi-currency cards or local ATMs may offer competitive rates depending on your bank's foreign-transaction fees.