CAD to USD Converter: Canadian Dollar to United States Dollar

To convert CAD to USD, type the amount in CAD (Canadian Dollar) into the converter below. It multiplies your amount by the latest mid-market CAD/USD rate and shows the result in USD (United States Dollar), with the date of the rate. Tap the swap button to go from USD back to CAD. The mid-market rate changes every working day, and banks, cards and exchange desks add their own margin, so the amount you receive will be a little lower. check what your bank charges on CAD to USD · plan a trip budget in United States Dollar · see every Canadian Dollar exchange rate.

1 CAD = 0.7052 USD and 1 USD = 1.4180 CAD (mid-market, 29 Sept 2026). Over the 30 days of ECB data from 28 Aug 2026, the Canadian Dollar fell 2.30% against the United States Dollar.

Rates are European Central Bank reference rates for 29 Sept 2026 (published each working day around 16:00 CET; the UAE dirham uses its official US-dollar peg of 3.6725). The live converter loads the latest rate when the page opens.

Canadian Dollar to United States Dollar

United States Dollar to Canadian Dollar

Sending money between Canadian Dollar (CAD) and US Dollar (USD) is one of the most common cross-border transactions in the world. Whether you're a traveler, freelancer, expat, importer or investor, getting a few percent better on your conversion adds up fast — on a $5,000 transfer, a 1% improvement is $50 in your pocket.

A short history of the CAD/USD pair

Tracks oil prices closely. Range over the past decade: roughly 0.70 to 0.85 USD per CAD.

Like all major pairs, CAD/USD is quoted as the amount of US Dollar you receive for one Canadian Dollar. The rate moves continuously during the 24/5 forex week, with the deepest liquidity (and tightest spreads) when the London and New York sessions overlap between 8 AM and 12 PM Eastern Time.

What drives the CAD to USD rate

Three forces dominate: interest-rate differentials between the two central banks, the relative health of each economy (GDP, jobs, inflation), and global risk sentiment. When traders feel cautious, capital flows toward the perceived safer currency in the pair, pushing its value up.

• Central bank policy — rate hikes typically strengthen a currency by attracting yield-seeking capital.
• Inflation prints — higher inflation usually weakens a currency over time.
• Trade balance — exporters' currencies tend to firm when global demand is strong.
• Political stability — elections, referendums and policy shocks can move CAD/USD 1-3% in a session.

Forecast and what to watch in the months ahead

BoC-Fed differential and energy prices are key.

Currency forecasts are educated guesses. Even the best institutional models miss; treat any number as a range, not a target.

Best ways to convert CAD to USD

For amounts under $1,000, low-cost apps like Wise and Revolut are almost always the best choice — they quote the mid-market rate and charge a small transparent fee. For larger transfers (typically $5,000+), services like OFX often waive fees and assign a dealer. Western Union remains the easiest option when the recipient needs cash pickup.

• Canadian snowbirds in Florida should hold a USD account (TD, RBC) to avoid FX fees during winter.
• Always compare the final amount received, not the headline rate.
• Avoid airport kiosks and hotel desks — spreads above 8% are common.
• If your bank charges a foreign-transaction fee on card spending, get a fee-free travel card before you fly.

Travel money tips for the United States

Cards work everywhere in the US. Bring a credit card with no foreign-transaction fee.

Carry a small amount of local cash for taxis and tips on arrival, then rely on a fee-free debit card for the rest. Skip dynamic currency conversion (DCC) when paying — always choose to be charged in the local currency at the terminal.

Putting it all together

The CAD/USD rate you see at the top of this page is the mid-market reference — the same one professionals watch. Your bank or app will quote slightly off that depending on its margin and fees. Use the converter to plan, then compare two or three providers before you transfer real money.

Frequently asked questions about CAD to USD

How do I convert CAD to USD?

Enter the amount in CAD in the converter at the top of this page and it shows the value in USD at the latest mid-market rate, with the date of that rate. To work it out by hand, multiply the CAD amount by the CAD/USD rate; to go the other way, divide the USD amount by the same rate.

Why is my bank's CAD to USD rate different from this converter?

This converter shows the mid-market rate, the midpoint between wholesale buying and selling prices. Banks, card networks and exchange desks quote a rate a few percent worse and may add a fixed fee. Enter the amount you were quoted in the exchange-rate markup calculator to see the margin in percent and in Canadian Dollar.

How much is 1 CAD in USD?

1 CAD (Canadian Dollar) equalled about 0.7052 USD (United States Dollar) on 29 Sept 2026 (mid-market reference rate). Rates move throughout the trading day; the converter above shows the latest figure.

How much is 100 CAD in USD?

100 CAD was about 70.52 USD on 29 Sept 2026. Banks, card networks and airport kiosks add a margin to the mid-market rate, so the amount you actually receive is lower; the markup calculator shows how much a given margin costs.

How much is 1000 CAD in USD?

1,000 CAD was about 705.22 USD on 29 Sept 2026. For larger transfers, compare the final amount received from two or three providers, because fees and exchange-rate margins differ more than headline rates suggest.

What is the inverse rate — 1 USD to CAD?

1 USD was about 1.4180 CAD on 29 Sept 2026. Use this when you're pricing items in United States Dollar and need a quick mental Canadian Dollar reference.

When is the best time to convert CAD to USD?

Forex liquidity is highest when London and New York overlap (8 AM–12 PM ET), which usually means the tightest spreads. Avoid weekends and major central bank announcement days unless you're hedging.

Is the CAD/USD rate shown live?

The converter loads the latest available rate when the page opens: European Central Bank reference rates (published once each working day around 16:00 CET) with a commercial feed for currencies the ECB does not cover. Figures in the text are dated. Your provider's quoted rate will include its own margin.

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