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USD to CAD - US Dollar to Canadian Dollar Converter

Convert US Dollar to Canadian Dollar with daily ECB exchange rates

1 USD = ~1.35 CAD (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

USD and CAD usually hover within a narrow band; energy prices and policy moves can shift the pair.

Rule of thumb: use a rough baseline for quick estimates, then check live quotes for accuracy.

✈️ Travel budgeting💼 Quick invoices💸 Remittance estimates

Common USD - CAD Conversions

24h Change
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7d Change
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30d Change
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1y Change
+0.00%

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Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Monetary policy from the Federal Reserve and Bank of Canada, oil prices and energy exposure, US-Canada trade changes, and global risk sentiment drive demand for each currency and the rate.

Economic Context

Trading Relationship

U.S. and Canadian trade is extensive, spanning autos, energy, agricultural goods, and services. USD/CAD movements affect pricing across cross-border sales, supplier arrangements, and investment decisions.

Key Rate Factors

  • •Federal Reserve decisions
  • •Bank of Canada monetary policy and inflation targets
  • •Oil prices and Canadian energy exposure
  • •US-Canada trade balance and tariff signals
  • •Global risk sentiment and safe-haven USD demand

Central Banks

Federal Reserve System
Washington, D.C., United States
Sets US monetary policy; manages interest rates and money supply to pursue price stability and employment.
Bank of Canada
Ottawa, Canada
Monitors inflation and sets Canadian monetary policy; ensures financial system stability and currency management.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates

Related Conversions

CAD/USD
EUR/CAD