Canadian Dollar

Canadian Dollar

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

1 Canadian Dollar to US Dollar exchange rates chart

1 CAD to USD exchange rates graph
1 CAD to USD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 CAD to USD exchange rates table

Exchange CAD to USD
1 Canadian Dollar = 0.755 US Dollar
2 Canadian Dollar = 1.511 US Dollar
5 Canadian Dollar = 3.777 US Dollar
10 Canadian Dollar = 7.553 US Dollar
Exchange Canadian Dollar to US Dollar
1 Canadian Dollar to US Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best CAD/USD rate at Ultimate Currency Exchange in Toronto

1 CAD to USD exchange rates at Ultimate Currency Exchange in Toronto
1 Canadian Dollar = 0.750 US Dollar
Ultimate Currency Exchange
Ultimate Currency Exchange

Ultimate Currency Exchange is a Canadian registered company that provides foreign exchange services with three branches; two in Ottawa and one in Toronto and also accepts online orders to ship foreign currency to any part of Canada. UCE buys and sells more than ninety foreign currencies with no commission fees. UCE's exchange rates are always better than Canadian banks and compete with the other exchange bureaus. Ultimate Currency Exchange is a "Money Service Business" registered with FINTRAC...

Best CAD/USD rate at Taheri Exchange in Toronto

1 CAD to USD exchange rates at Taheri Exchange in Toronto
1 Canadian Dollar = 0.753 US Dollar
Taheri Exchange
Taheri Exchange

Taheri Exchange is a full service foreign currency exchange company located in Toronto, Canada. When the company was founded, our aspiration was to provide a higher grade of foreign exchange services. Our driving principles have been method the embodiment of integrity, attentiveness and diligence. While the company has grown, our corporate culture continues to embrace the same approach, and the same tone of caring is reflected throughout the organization. We provide services to corporations...

Best CAD/USD rate at Interchange Financial in Toronto

1 CAD to USD exchange rates at Interchange Financial in Toronto
1 Canadian Dollar = 0.752 US Dollar
Interchange Financial
Interchange Financial

We are one of Canada’s premier independent currency exchange specialists. We are staffed with traders experienced at some of the largest financial institutions in the world. We do hundreds of millions of dollars worth of currency exchange transactions each year and save our customers millions of dollars. We are able to deliver these savings because our expertise in currency markets and our volumes allow us to access the international markets and bring the benefits of better pricing directly...

Best CAD/USD rate at T Currency Exchange in Toronto

1 CAD to USD exchange rates at T Currency Exchange in Toronto
1 Canadian Dollar = 0.751 US Dollar
T Currency Exchange
T Currency Exchange

A Canadian currency exchange owned, operated and serving Toronto for more than 25 years with reliable currency exchange service. TCE was primarily founded to provide a higher grade of foreign currency exchange services and focused on money transfers globally. After a couple of years of successful and greatly appreciated operations we diversified into provision of various yet relevant services. Now we have a portfolio of services which are provided reliably according to the laws and...

Best CAD/USD rate at A&S Foreign Exchange Inc in New York City

1 CAD to USD exchange rates at A&S Foreign Exchange Inc in New York City
1 Canadian Dollar = 1.350 US Dollar
A&S Foreign Exchange Inc
A&S Foreign Exchange Inc

We have been in the business of Foreign Currency Exchange for more than 25 years. Our solid commitment of keeping the best rate around has helped us create the best asset any business aspires to have: our customer's loyalty. Stop by, try any of our services, and rest assure, you'll leave with the satisfaction of having made good business in the capital of the world. Currency Exchange Buying of travelers' checks Our Services We are lucky to service people like you Currency Exchange A&S Foreign...

Best CAD/USD rate at LA Currency in Los Angeles

1 CAD to USD exchange rates at LA Currency in Los Angeles
1 Canadian Dollar = 0.742 US Dollar
LA Currency
LA Currency

Frequently Asked Questions No, we do not have any fees and our adjusted, real-time exchange rates can be found on our website. You can always find out how much you will get for your currency or how much you will need to buy currency. Make sure to refresh the browser to get updated rates. Yes, we have free parking at both our locations that are in a shopping plaza with a convenient parking lot and a security personnel. Cash to cash is our preferred payment method. However, only debit cards...

1 CAD to USD exchange rates news

USD/CAD - Canadian Dollar Grinds Sideways

The Canadian dollar is grinding sideways in a narrow trading range. Canadian dollar sellers because of plunging oil prices are finding plenty of buyers because of expectations for higher domestic interest rates in December. The opposing views have re-enforced ...

imperative negative
C$ notches one-week high as greenback broadly slides

Canadian dollar rises 0.2 percent against the greenback; Canadian manufacturing sales rise 0.2 percent in September; Canadian bond prices move higher.

conditional neutral
C$ climbs to one-week high as oil prices rise

* Canadian dollar rises 0.3 percent against the greenback; * Price of U.S. oil rises 2.3 percent; * Canadian manufacturing sales rise 0.2 percent in.

indicative positive
Canadian dollar notches one-week high as greenback broadly slides

The Canadian dollar strengthened to its highest in more than one week against its U.S. counterpart on Friday, extending this week's gain as the greenback broadly fell and domestic data showed that factory sales edged higher in September.

conditional neutral
USD/CAD - Canadian Dollar Tries to Rally

The Canadian dollar is making an effort to rally. It is proving to be a struggle because global risk sentiment continues to teeter between "risk-on" and "risk-off." A lack of domestic data is another issue for Canadian dollar traders. The domestic ...

imperative neutral
Rupiah strengthens to Rp 14,594 per US dollar on Friday

The rupiah on Friday was quoted at Rp 14,594 per United States dollar, up 1.15 percent from its position on Thursday, according to the Jakarta interbank spot dollar rate (JISDOR).

conditional neutral
Pound US dollar exchange rate: GBP relief from sell-off, but more volatility expected

THE pound US dollar exchange rate has rallied 0.3 per cent this morning, propelling the pairing back above $1.28 after it slipped yesterday.

conditional neutral
Ringgit higher against US dollar in early session
Ringgit higher against US dollar in early session

KUALA LUMPUR: The ringgit was higher against the US dollar this morning as some traders decided to take profit against the greenback. At 9.06 am, the ringgit stood at 4.1930/1970 versus the US dollar from 4.1945/1975 at close yesterday.

conditional positive
Pound-to-Dollar Outlook: GBP/USD Trends -1.7% Lower As Sterling & UK Shares Hit By Brexit Chaos

Pound-to-Dollar Exchange Rate Plunges Ahead of US Retail Sales

conditional positive

1 CAD to USD currency converter