Currency.Wiki

1 Canadian Dollar to US Dollar

Updated 4 minutes ago
Convert 1 CAD:USD
 CAD =
    USD
 Canadian Dollar =  US Dollars
Trending: CA$ exchange rates for the last 24 hours
  • CAD/USD 0.731881 -0.01097808
  • CAD/EUR 0.683402 -0.00040505
  • CAD/JPY 114.799745 4.71914444
  • CAD/GBP 0.585277 0.00076298
  • CAD/CHF 0.668350 0.02684595
  • CAD/MXN 12.546947 -0.20081562
  • CAD/INR 61.003394 -0.74135982
  • CAD/BRL 3.747240 0.09601287
  • CAD/CNY 5.303504 0.03150589

CAD/USD exchange rate analysis over the past 90 days

Canadian Dollar to US Dollar exchange rate: Over the last 90 days, the Canadian Dollar weakened by -1.50% against the US Dollar, declining from $0.7429 to $0.7319 per Canadian Dollar. This trend reflects the evolving economic dynamics between the Canada and the United States. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Canada and United States.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Canada and United States.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Canada or United States.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Canada relative to the United States.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

cad/usd Historical Chart

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

$
US Dollar Currency

Country: United States

Symbol: $

ISO Code: USD

Bank: Federal Reserve System

Interesting fact about US Dollar

The United States Dollar (USD) is the official currency of the United States. Its history dates back to 1792 when it was first established as the country's monetary unit. Today, the USD is one of the most widely accepted and recognized currencies globally. It serves as a symbol of economic strength, stability, and as a medium for international trade and transactions.

Quick Conversion Guide

Frequently Asked Questions

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The Canadian Dollar to US Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 CAD to USD is $0.73.
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Yes, our site provides historical charts that show the trends and fluctuations in the Canadian Dollar to US Dollar exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.