Currency.Wiki

29 US Dollars to Canadian Dollars

Updated 18 minutes ago
Convert 29 USD:CAD
 USD =
    CAD
 US Dollar =  Canadian Dollars
Trending: $ exchange rates for the last 24 hours
  • USD/EUR 0.922219 -0.00418100
  • USD/JPY 150.532750 3.34675000
  • USD/GBP 0.789356 -0.00464600
  • USD/CHF 0.885951 0.01085100
  • USD/MXN 17.015260 -0.35744000
  • USD/INR 82.923717 -0.39542500
  • USD/BRL 4.950300 0.02090000
  • USD/CNY 7.199000 0.05240000

USD/CAD exchange rate analysis over the past 90 days

US Dollar to Canadian Dollar exchange rate: Over the last 90 days, the US Dollar weakened by -0.08% against the Canadian Dollar, declining from CA$1.3592 to CA$1.3581 per US Dollar. This trend reflects the evolving economic dynamics between the United States and the Canada. Factors contributing to this weakening may include:

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

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

usd/cad Historical Chart

$
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.

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.

Quick Conversion Guide

Frequently Asked Questions

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The US Dollar to Canadian 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 29 USD to CAD is CA$39.38.
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Yes, our site provides historical charts that show the trends and fluctuations in the US Dollar to Canadian 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.