About the Đô la Canada to Đô la Mỹ exchange rate
The CAD/USD pair shows how many Đô la Mỹ (USD) one Đô la Canada (CAD) 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.
CAD/USD is quoted as USD per one CAD. At 0,7018, 1 CAD equals 0,7018 USD and 1 USD equals 1,4248 CAD. The inverse pair is USD/CAD.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the Đô la Canada and Đô la Mỹ areas. Treasury teams, investors and travelers use CAD/USD to convert prices, hedge FX risk and compare returns.
How CAD/USD is quoted
In CAD/USD, CAD is the base currency and USD is the quote currency: the price is how many Đô la Mỹ buy one Đô la Canada. A rise in CAD/USD means Đô la Canada strengthened against Đô la Mỹ; a fall means Đô la Canada weakened.
What drives the Đô la Canada to Đô la Mỹ rate
The CAD/USD rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the Đô la Canada and Đô la Mỹ economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.