USD to CAD Converter
Convert US Dollars to Canadian Dollars with real-time exchange rates
1 USD = 1.36 CAD
Formula: CAD = USD × 1.36
The Canadian Dollar is the official currency of Canada and is considered a commodity currency due to Canada's significant natural resource exports.
It's the fifth most held reserve currency in the world and is widely traded in international foreign exchange markets.
The CAD is issued by the Bank of Canada and is subdivided into 100 cents.
Cross-Border Trade
US-Canada business transactions, the largest trading relationship in the world.
Travel & Tourism
Converting dollars for trips to Canada, shopping, and vacation planning.
Investment
Canadian real estate, TSX stock investments, and commodity-related portfolios.
Commodity Correlation
The CAD often moves with oil prices, as Canada is a major oil exporter.
Historical Parity
The CAD reached parity with the USD in 2007-2008 and briefly in 2011.
Central Bank Influence
Bank of Canada interest rate decisions significantly impact the USD/CAD exchange rate.