USD to CAD – US Dollar to Canadian Dollar Rate Today

Check the live USD to CAD rate and convert US dollars to Canadian dollars. The converter is useful for cross-border shoppers, travellers, snowbirds and businesses trading between the United States and Canada.

USD to CAD rate today

The figure at the top of the converter is the latest mid-market rate for one US dollar in Canadian dollars. On 6 October 2026 it stood at about C$1.4244, and over the previous 30 days it moved between C$1.3785 and C$1.4244. Exchange rates change daily, so check the live figure above before you send, receive or exchange money.

How to convert USD to CAD

Multiply the amount in US dollars by the current rate: CAD = USD × USD/CAD rate. At a rate of 1.4244, $100 equals 100 × 1.4244 = C$142.44.

To convert Canadian dollars back to US dollars, divide by the same rate: USD = CAD ÷ USD/CAD rate. For example, C$100 ÷ 1.4244 is about $70.20.

1. Enter the amount in US dollars in the first box of the converter.
2. Read the value in Canadian dollars in the second box – it updates as you type.
3. Tap the round swap button to convert CAD to USD instead.

About the US dollar and the Canadian dollar

The United States and Canada share one of the largest trading relationships in the world, which makes USD/CAD one of the most actively traded currency pairs. The Canadian dollar is nicknamed the “loonie” after the bird on the one-dollar coin.

Canada is a major oil exporter, so the loonie often strengthens when crude prices rise and weakens when they fall. Interest rate decisions by the Bank of Canada and the US Federal Reserve are the other main influence.

What moves the USD to CAD rate?

• Oil prices: higher crude prices tend to push USD/CAD down as the loonie strengthens.
• Interest rate gap: the difference between Fed and Bank of Canada rates shifts money between the two currencies.
• Trade policy: tariffs and trade negotiations between the two countries affect the Canadian dollar.
• Economic data: jobs and inflation reports in both countries move the pair.

Who uses the USD to CAD rate?

Canadians shopping or holidaying in the US, Americans visiting Canada, exporters, investors holding US stocks and remote workers paid across the border all rely on this rate. Banks often add a margin of a few percent, so for regular transfers it is worth comparing dedicated currency services.

Mid-market rate vs the rate you get

No bank or exchange company trades with customers at the exact mid-market rate. Each provider sets a buying rate and a selling rate around it and keeps the difference as its margin, sometimes with a separate transfer fee. The fairest way to compare services is to ask how much will arrive after every charge.

USD to CAD – frequently asked questions

How much is 1 USD in CAD today?

On 6 October 2026 the mid-market rate was about C$1.4244 for 1 US dollar. The converter at the top of this page always shows the latest figure.

How much is $1,000 in Canadian dollars?

At a rate of 1.4244, $1,000 is about C$1,424.40. Enter 1000 in the converter to see the value at today’s rate.

Why is the Canadian dollar called the loonie?

The one-dollar coin introduced in 1987 shows a loon, a common Canadian water bird, and the nickname spread to the currency itself.

Is the US dollar worth more than the Canadian dollar?

For most of recent history one US dollar has bought more than one Canadian dollar. The live rate at the top of the page shows the current figure.

Is this the rate I will get from a bank or transfer service?

Usually not exactly. The figure shown is the mid-market reference rate. Banks and transfer services apply their own customer rates, which include a margin and sometimes extra fees.

Disclaimer: The rates on this page are for general information only and are not financial advice. Please confirm the final rate with your bank or transfer provider before making a transaction.