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Convert 1 Canadian Dollar (CAD) to US Dollar (USD)

Exchange rates used for currency conversion updated on March 19th 2024 ( 03/19/2024 )

Below you will find the latest exchange rates for exchanging Canadian Dollar (CAD) to US Dollar (USD) , a table containing most common conversions and a chart with the pair's evolution. The Canadian Dollar (CAD) to US Dollar (USD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.

If you need to SWAP these currencies go to US Dollar (USD) to Canadian Dollar (CAD) page.

1 CAD = 0.7384 USD

The currency exchange rate, calculated between Canadian Dollar and US Dollar on 03/19/2024 is 1 CAD = 0.7384 USD - AVERAGE intraday quotes were used for this currency conversion.

Convert 1 CAD / 1 USD to major currencies

CAD to USD Exchange Rate History Chart

Last 7 days History

Date CAD USD
2024-03-18 1 CAD = 1.35365 USD
2024-03-17 1 CAD = 1.34885 USD
2024-03-16 1 CAD = 1.34885 USD
2024-03-15 1 CAD = 1.35299 USD
2024-03-14 1 CAD = 1.34642 USD
2024-03-13 1 CAD = 1.34916 USD
2024-03-12 1 CAD = 1.34732 USD
One year History

About Canadian Dollar (CAD)

The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.

About US Dollar (USD)

The privately owned and government sanctioned United States Federal Reserve Bank manages the monetary policy for the United States dollar (USD). The USD is the the worlds most widely held reserve currency and the most traded currency in world currency trading markets. The USD is official currency in 14 countries and the unofficial or de facto currency in 37 others. The US dollar is the second largest currency in circulation having been surpassed by the euro. The USD is a floating fiat currency.

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