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 = 7.554 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 Taheri Exchange in Toronto

1 CAD to USD exchange rates at Taheri Exchange in Toronto
1 Canadian Dollar = 0.744 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 Ultimate Currency Exchange in Toronto

1 CAD to USD exchange rates at Ultimate Currency Exchange in Toronto
1 Canadian Dollar = 0.743 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 Kantor Currency Exchange in Toronto

1 CAD to USD exchange rates at Kantor Currency Exchange in Toronto
1 Canadian Dollar = 0.744 US Dollar
Kantor Currency Exchange
Kantor Currency Exchange

Kantor Currency Exchange was created in 2001 as a community based company at the heart of the Ukrainian community in Toronto, Canada. Since the first days of its existence, Kantor has been striving to reach customer satisfaction, providing thorough and honest services at attractive prices. After a while, Kantor grew beyond its original community based orientation. Today it is serving thousands of customers of different nationalities and backgrounds all over Canada. Kantor is proud to be the...

Best CAD/USD rate at Interchange Financial in Toronto

1 CAD to USD exchange rates at Interchange Financial in Toronto
1 Canadian Dollar = 0.746 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 = 0.746 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 = 1.360 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 = 0.734 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

Transferring money to Philippines from Canada | Philippine Canadian Inquirer
Transferring money to Philippines from Canada | Philippine Canadian Inquirer

Transfer of funds between countries. A struggle we all know all too well, but seems like wherever we turn our head, there are more fees lurking in the...

6 days indicative neutral
Jamaican dollar dips more than $1 against US in a day

The Jamaican dollar depreciated by $1.08 against the US dollar on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It closed at $130.65 again

6 days indicative negative
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

7 days indicative negative
Jamaican dollar closes at $129.47

The Jamaican dollar devalued by 42 cents against the US dollar during Tuesday’s trading day according to the trading summary from the Bank of Jamaica (BOJ). The Jamaic

8 days indicative negative
Dollar Exhibits Mixed Trend As Traders Look For Direction

WASHINGTON (Alliance News) - The US dollar is turning in a mixed performance against other major ...

about 3 hours conditional positive
Forex: J$131.36 to one US dollar

KINGSTON, Jamaica — The US dollar on Wednesday, January 16 ended trading at J$131.36 down b...

about 3 hours indicative negative
Jamaican dollar dips more than $1 against US in a day

The Jamaican dollar depreciated by $1.08 against the US dollar on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It closed at $130.65 again

6 days indicative negative

1 CAD to USD currency converter