About the Đô la Mỹ to Đô la Canada exchange rate
The USD/CAD pair shows how many Đô la Canada (CAD) one Đô la Mỹ (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 1,4248, 1 USD equals 1,4248 CAD and 1 CAD equals 0,7018 USD. The inverse pair is CAD/USD.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the Đô la Mỹ and Đô la Canada 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 Đô la Canada buy one Đô la Mỹ. A rise in USD/CAD means Đô la Mỹ strengthened against Đô la Canada; a fall means Đô la Mỹ weakened.
What drives the Đô la Mỹ to Đô la Canada rate
The USD/CAD rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the Đô la Mỹ and Đô la Canada economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.