USD/CAD: Canadian dollars per US dollar
How many Canadian dollars one US dollar buys, as a monthly average.
Monthly average, delayed Observed 2026-10 · retrieved 2026-11-05 · Source: Bank of Canada · Not a live quote.
USD/CAD: Canadian dollars per US dollar over time
Monthly observations. Use the period buttons to change the range; the table beneath the chart lists the values.
USD/CAD: Canadian dollars per US dollar
C$ per 1 USD. Quoted as C$ per 1 US dollar. This is the inverse of the CAD/USD quote (foreign currency per C$): the two move in opposite directions.
Chart loads when it comes into view.
Latest values: USD/CAD: Canadian dollars per US dollar 1.413 (2026-10).
Related relationships: Canadian dollar (C$ per US$) · 1 relationship use this data as evidence
Quotation convention. Quoted as C$ per 1 US dollar. This is the inverse of the CAD/USD quote (foreign currency per C$): the two move in opposite directions.
What this indicator is and why it is watched
What it measures
How many Canadian dollars one US dollar buys, as a monthly average.
Why it is watched
Exchange rates affect the Canadian-dollar price of imports and the foreign-currency price of Canadian exports.
How it connects to the wider economy
Context, not a claim of cause.
A rising line means the Canadian dollar bought less of that currency (the Canadian dollar weakened against it); a falling line means it strengthened. Many factors move exchange rates, including interest-rate gaps, commodity prices and risk sentiment; their relative importance changes over time.
Northline describes relationships as documented mechanisms, statistical associations or hypotheses. Nothing on this page states that a movement in this indicator caused a movement in another.
How the data are produced
- Publisher
- Bank of Canada
- Dataset
- FXMUSDCAD
- Frequency
- Monthly
- Unit
- C$ per 1 USD
- Observations
- 118
- Retrieved
- 2026-11-05
- Series id
gl07_fx_usd_cad_m
Monthly averages of daily rates published by the Bank of Canada; they are not end-of-month or intraday rates. Daily exchange-rate series are not held in this build.
Source: Bank of Canada, USD/CAD (FXMUSDCAD). Content reused under the Bank of Canada terms (https://www.bankofcanada.ca/terms/); changes: values unchanged.
Licence conditions: see source terms: https://www.bankofcanada.ca/terms/; attribution required.
Missing observations are left missing and are never interpolated. Statistical agencies can revise published values; the observation date and retrieval date above identify the version shown. Methodology and sources.
Take it into Intelligence Studio
Add this indicator to a workspace with related series and the recorded relationships.
Open USD/CAD: Canadian dollars per US dollar in Studio
Questions worth testing
- Do oil prices and the Canadian dollar move together?
- Do exchange-rate moves show up in import prices?
In Studio, the Scenarios tab can ask a what-if question about this indicator. Scenario Intelligence applies its usual checks: when there is too little history, the series are not comparable or the relationship is not stable, it reports “not enough evidence” rather than a number.