USD to CAD Converter

1 USD = 1.4028 CAD and 1 CAD = 0.7129 USD (mid-market, 26 Oct 2026). Over the 30 days of ECB data from 25 Sept 2026, the United States Dollar fell 0.81% against the Canadian Dollar.

Converting the other way? Use the CAD to USD converter for Canadian Dollar to United States Dollar amounts and tables.

Rates are European Central Bank reference rates for 26 Oct 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.

United States Dollar to Canadian Dollar

Canadian Dollar to United States Dollar

USD to CAD over the last 30 days

Over the 22 ECB working days from 25 Sept 2026 to 26 Oct 2026, 1 USD ranged from 1.3995 CAD (23 Oct 2026) to 1.4262 CAD (8 Oct 2026), averaging 1.4169. Today's 1.4028 is below that average by 1.00%.

For 1,000 USD, that range is the difference between 1,399.50 and 1,426.20 CAD: 26.70 CAD, or 1.91% of the low. The biggest one-day move was -0.61% on 19 Oct 2026.

Example: a bank or card that sets its rate 3% worse than mid-market would pay 1,360.72 CAD for 1,000 USD today instead of 1,402.80, keeping 42.08 CAD. That 3% is more than this rate's whole 30-day range, so the margin you pay matters more than the day you convert.

Sending money between US Dollar (USD) and Canadian Dollar (CAD) 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 USD/CAD pair

Often called the "loonie." Heavily correlated with oil prices given Canada's energy exports.

Like all major pairs, USD/CAD is quoted as the amount of Canadian Dollar you receive for one US 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 USD to CAD 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 USD/CAD 1-3% in a session.

Forecast and what to watch in the months ahead

Watch WTI crude and the Bank of Canada policy gap with the Fed.

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

Best ways to convert USD to CAD

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.

• Cross-border workers and snowbirds benefit from multi-currency accounts that hold both USD and CAD with no conversion until needed.
• 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 Canada

Canada is fully card-friendly. Tap-to-pay limits are generous; Interac is the local debit network. Tipping 15-20% in restaurants.

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 USD/CAD 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.

Asked to pay in your own currency at a till or ATM? Check the offer with the local-currency-or-yours calculator. Need a rate your bank only quotes through the dollar? Try the cross rate calculator.

Frequently asked questions about USD to CAD

How much is 1 USD in CAD?

1 USD (United States Dollar) equalled about 1.4028 CAD (Canadian Dollar) on 26 Oct 2026 (mid-market reference rate). Rates move throughout the trading day; the converter above shows the latest figure.

How much is 100 USD in CAD?

100 USD was about 140.28 CAD on 26 Oct 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 USD in CAD?

1,000 USD was about 1402.80 CAD on 26 Oct 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 CAD to USD?

1 CAD was about 0.7129 USD on 26 Oct 2026. Use this when you're pricing items in Canadian Dollar and need a quick mental United States Dollar reference.

When is the best time to convert USD to CAD?

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 USD/CAD 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.

Related

USD to EUR · USD to GBP · USD to JPY · USD to AUD · USD to INR · USD to CNY · USD to MXN · USD to CHF · All USD rates · All CAD rates

For the longer view, USD vs CAD historical trends looks at how the pair has moved over the years.