USD/CAD Quick Conversion Table — Today
| USD | CAD (Today's Rate) |
|---|---|
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What Affects the USD/CAD Rate Today?
The USD/CAD exchange rate moves constantly during trading hours (Sunday 5pm ET to Friday 5pm ET). Key drivers today and every day include:
- Crude oil prices — Canada exports ~4M barrels/day; higher oil = stronger CAD
- Interest rate decisions — Bank of Canada vs US Federal Reserve rate differential
- Economic data — Canadian jobs report, US CPI, GDP releases
- Risk sentiment — CAD is considered a "risk-on" currency; market fear = weaker CAD
💡 Today's tip: The Bank of Canada publishes rates each business day. Weekend rates shown are from the last Friday publication.
Frequently Asked Questions
Today's live mid-market USD/CAD rate is shown at the top of this page. The rate is sourced from the Bank of Canada and updated daily on business days.
There's no universally "good" or "bad" day — the rate moves continuously. If you need to convert a large amount, consider spreading the conversion over several days to average out volatility.
Wise typically offers the closest rate to the mid-market with a transparent fee (≈0.6%). Avoid banks (2–4% spread) and airport kiosks (up to 10% spread) for large amounts.