Canada: USD exchange rate

The currency chart for Canada shows historical data for the Canadian Dollars per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Canadian Dollars per USD. Depreciation implies that goods from Canada become cheaper to export and it becomes cheaper for foreigners to visit Canada.

The series for Canada are available from January 2000 to August 2024. For that period, the average exchange rate for Canada was 1.2473 Canadian Dollars per USD with a minimum of 0.9557 Canadian Dollars per USD in July 2011 and a maximum of 1.5998 Canadian Dollars per USD in January 2002. The most recent available data point is 1.3666 Canadian Dollars per USD, a change of -0.37% from the previous data point of 1.3717 Canadian Dollars per USD and a change of 1.35% from a year ago when the level was 1.3484 Canadian Dollars per USD.

Currency values in Canada and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.