We use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Login to view send rates
Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable.
Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs.
Typically, the least busy times of the week are Mondays, mid-week and the weekend (excluding Friday). These days have the lowest number of transfers in the week, so you might expect to see less fluctuation in the mid-market rate.
US Dollar to Canadian Dollar Exchange Rate is at a current level of 1.378, up from 1.376 the previous market day and up from 1.318 one year ago. This is a change of 0.17% from the previous market day and 4.61% from one year ago.
The loonie refers to the $1 Canadian coin and derives its nickname from the picture of a solitary loon on the reverse side of the coin. The obverse side of the coin features a portrait of Queen Elizabeth II.
All of Canada uses the Canadian dollar, however certain retailers throughout the country will accept the US dollar as a form of payment for goods. We highly suggest you to use the local currency to pay for goods and services.
The cheapest way to convert CAD to USD typically involves avoiding traditional banks due to their higher fees and less competitive exchange rates. Instead, use specialized currency exchange services which offer more competitive rates and lower costs.
Global Access: Holding USD allows for easier access to international investment opportunities, as many global financial markets and investment vehicles are denominated in USD. This can provide Canadians with greater diversification options and potentially higher returns.
It is proven if you wait until the first business day of each month (green above) and exchange your CAD to USD you will save $13,834.89 every year. The worst thing you can do is evenly average out your exchanges over the last 5 business days of the month (red above)!
Introduction: My name is Greg O'Connell, I am a delightful, colorful, talented, kind, lively, modern, tender person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
