Convert US Dollar (USD) to Canadian Dollar (CAD)

When to use USD → CAD

USD to CAD ("loonie" for the Canadian dollar, after the bird on the coin) tracks oil prices closely — Canada is a major crude exporter, so CAD strengthens when WTI rises and weakens when it falls. The pair trades most actively during US business hours, with significant overlap with the Toronto exchange. Cross-border shoppers between the US and Canada see the conversion daily; physical cash at land borders typically costs 4–6 % above mid-market. The Bank of Canada and the Federal Reserve usually move together but not always — divergences widen the rate quickly.

How to convert US Dollar to Canadian Dollar

1. 1

   Enter your amount

   Type the value in US Dollar you want to convert into Canadian Dollar.

2. 2

   Read the live rate

   At today's mid-market rate, 1 USD equals 1.3768 CAD. Your full amount is recalculated as you type.

3. 3

   Use the number, not the quote

   Banks, brokers, and card networks add a spread of 0.5–3 % on top of the mid-market rate. Treat Convertitive's number as a reference, not a price you can actually trade at.

USD to CAD conversion table

Common amounts at today’s rate of 1 USD = 1.3768 CAD.

Frequently asked questions

What is 1 US Dollar in Canadian Dollar?

1 USD = 1.3768 CAD at today's mid-market rate.

What is 100 USD in CAD?

100 USD = 137.68 CAD.

What is 1 CAD in USD?

1 CAD = 0.726298 USD — the inverse of the rate above.

Where do these rates come from?

The European Central Bank publishes daily reference rates around 16:00 CET. Convertitive consumes them through the Frankfurter open data service and refreshes its cache every hour.

How often is the rate updated?

Up to once per hour, and only when the ECB itself has issued a new value. Over weekends and holidays the displayed rate stays at the previous business day's close.

Why isn't this the rate my bank quotes?

Mid-market rates are a benchmark; retail banks and card networks add a spread on every conversion to cover their costs and margin. Expect that spread to be 1–3 % on most card transactions and 0.4–0.8 % at large brokers.

Can I use this for accounting or invoicing?

Use it as a reference. For official accounting, most jurisdictions require a documented rate from a central bank or your tax authority (which often publish their own daily values).

What's a 'mid-market' rate?

The midpoint between the buying and selling prices that wholesale banks quote each other. It's the closest thing to a 'real' rate for an individual to compare against.

About US Dollar and Canadian Dollar

Other currency converters

• USD → EURUS Dollar to Euro
• EUR → USDEuro to US Dollar
• USD → GBPUS Dollar to British Pound
• GBP → USDBritish Pound to US Dollar
• USD → JPYUS Dollar to Japanese Yen
• JPY → USDJapanese Yen to US Dollar

Sources

• European Central Bank — euro foreign exchange reference rates
• Frankfurter — open ECB rates API