US Dollar to Canadian Dollar

A single multiplication does it. This tool reads the current USD/CAD mid-market rate and applies it to your amount:

CAD amount = USD amount × USD/CAD rate

Worked example: at a rate of 1.3650, US$1,000 converts to 1,000 × 1.3650 = C$1,365.00. Reverse direction: divide — C$1,365.00 ÷ 1.3650 = US$1,000.

A rate above 1.00 means one US dollar buys more than one Canadian dollar — the normal state since the loonie's brief stint above parity in 2011. The rate shown is mid-market; whatever you actually pay through a bank or card will include a margin on top of it.

Canada's dollar is the classic petrocurrency: crude oil is the country's largest single export, so sustained WTI price moves tend to pull USD/CAD in the opposite direction — higher oil, stronger CAD. The BIS 2022 Triennial Survey puts USD/CAD at roughly 5.5% of global FX turnover, making it one of the ten most-traded pairs despite Canada's economic size.

For cross-border planning, note that the Bank of Canada announces its rate decisions on eight fixed dates a year, and US–Canada economic data lands on the same calendar — the pair is quietest in a calm news week and jumpy around energy shocks.

Figures are illustrative. One cross-border specific: many Canadian merchants near the border quote prices in both currencies, and "pay in USD" at a Canadian terminal is dynamic currency conversion — decline it and let your issuer convert at the network rate.

The US–Canada corridor is unusual: it is high-volume (the largest bilateral goods trade relationship on earth) but retail FX pricing is stickier than the corridor's liquidity implies. For property purchases, tuition, or business invoices above roughly C$10,000, quote at least one specialist FX provider against your bank — the spread difference between 1% and 2.5% on that size is the difference between about C$136 and C$341 lost per C$13,650. For recurring transfers, some providers let you fix a rate forward for up to a year, which converts currency timing from a gamble into a budget line.

The Canadian dollar tracks oil prices closely:

Practical takeaway: A $5/barrel oil move typically shifts USD/CAD by 1-2 cents. Cross-border shoppers should check provincial duty-free thresholds ($200 CAD for 48+ hour trips).