About the amerikanske dollar to kanadiske dollar exchange rate
The USD/CAD pair shows how many kanadiske dollar (CAD) one amerikanske dollar (USD) buys. Eulerpool publishes the live mid-market rate together with a converter, a one-year chart and conversion tables so you can value cash, invoices and investments in both currencies.
USD/CAD is quoted as CAD per one USD. At 1,4245, 1 USD equals 1,4245 CAD and 1 CAD equals 0,7020 USD. The inverse pair is CAD/USD.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the amerikanske dollar and kanadiske dollar areas. Treasury teams, investors and travelers use USD/CAD to convert prices, hedge FX risk and compare returns.
How USD/CAD is quoted
In USD/CAD, USD is the base currency and CAD is the quote currency: the price is how many kanadiske dollar buy one amerikanske dollar. A rise in USD/CAD means amerikanske dollar strengthened against kanadiske dollar; a fall means amerikanske dollar weakened.
What drives the amerikanske dollar to kanadiske dollar rate
The USD/CAD rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the amerikanske dollar and kanadiske dollar economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.