The foreign exchange market determines how much the Canadian dollar is worth. At the Bank of Canada, we very rarely intervene to support its value. These rates were last updated in January 2018, and will not be updated in future. Download our legacy noon and closing rates data. These rates were last updated 28 April 2017 using the Bank’s old calculation methodology, and will not be updated in future.

  1. The foreign exchange market determines how much the Canadian dollar is worth.
  2. Wise never hides fees in the exchange rate.
  3. It’s known locally as a buck or a loonie, with the two-dollar coin known as a toonie.
  4. These are the average exchange rates of these two currencies for the last 30 and 90 days.

This quick and easy Foreign Exchange tool shows you what your currency is worth today, so you can know the value of the funds you have. Wise never hides fees in the exchange rate. Compare our rate and fee with our competitors and see the difference for yourself. Exchange rates are expressed as 1 unit of the foreign currency converted into Canadian dollars.

Convert from Canadian Dollar (CAD) to United States Dollar (USD)

The U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. Updated if and when the Bank intervenes in foreign exchange markets. Wise is a Money Service Business registered with FinCen. It is authorized to operate in most states.

Save when you send money abroad

In other states, the program is sponsored by Community Federal Savings Bank, to which we’re a service provider. Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs.

The dollar has been the currency of Canada since 1858. A number of central banks keep Canadian dollars as a reserve currency. It’s known locally as a buck or a loonie, with the two-dollar coin known as a toonie. Learn about the publication of, and calculation methodology for, the foreign exchange (FX) rate data on the Bank of Canada’s website.

Convert from Canadian dollars based on daily exchange rates. Check live rates, send money securely, set rate alerts, receive notifications and more. Banks and traditional providers often have extra costs, which blackbull markets review they pass to you by marking up the exchange rate. Our smart tech means we’re more efficient – which means you get a great rate. Find exchange rates, along with supporting data and background information.

Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your bitfinex review international money transfers. Our currency rankings show that the most popular Canadian Dollar exchange rate is the CAD to USD rate. The currency code for Canadian Dollars is CAD.

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Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. Heading to the U.S. and need to exchange your Canadian dollars? Or have extra USD on hand and want to convert it back?

View, download data or use our lookup tool for our daily exchange rates. For exchange rates data prior to 2017, view our historical noon and closing rates. These are the average exchange rates of these two currencies coinmama exchange review for the last 30 and 90 days. Leading competitors have a dirty little secret. They add hidden markups to their exchange rates – charging you more without your knowledge. And if they have a fee, they charge you twice.

Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. Live tracking and notifications + flexible delivery and payment options. These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. These are the highest points the exchange rate has been at in the last 30 and 90-day periods.