What is the CAD to USD exchange rate today?
The exchange rate of Canadian dollar to US dollar can fluctuate greatly depending on a number of factors, which in turn affects the value you’ll receive for your international payment.
By monitoring the CAD to USD exchange rate, you can stay informed of any market movements ahead of sending money to the US.
CAD to USD Chart
What can affect the CAD to USD exchange rate?
Economic releases and figures, as well as decisions by the Bank of Canada and the US Federal Reserve, can work to encourage or dissuade investor faith in either currency. As a result, this can cause volatility in the market and lead to a fluctuating CAD to USD rate.
In addition, political developments between the two countries and statements from politicians and key figures can also have a significant influence on the rate.
Convert Canadian dollars to US dollars with great rates and low fees
Set an exchange rate alert from your online account and target your desired CAD to USD rate before you make your payment. That way, we’ll inform you if your set rate is achieved, and you won’t miss out on a positive market movement.
You’ll also enjoy access to a wide range of FX tools to help your money go further when you convert CAD to USD with Moneycorp.