🇺🇸 USD to CAD 🇨🇦
Convert US Dollar (USD) to Canadian Dollar (CAD) at the live mid-market exchange rate. Updated every hour from ECB-backed sources.
Common USD to CAD amounts
About the USD to CAD rate
The US Dollar (USD) to Canadian Dollar (CAD) exchange rate fluctuates throughout the day based on currency market activity, central bank policy, and global economic conditions. Rates shown here reflect the mid-market rate — the midpoint between buy and sell prices.
Important: When you actually exchange USD for CAD at a bank, ATM, or currency exchange counter, you'll typically pay 2–4% above mid-market. Services like Wise, Charles Schwab debit, and no-foreign-fee cards minimize this markup.
How to get the best USD → CAD rate
- Wise for international transfers — closest to mid-market with transparent flat fees.
- Charles Schwab debit for ATM withdrawals — refunds all international fees.
- No-foreign-fee credit card (Chase Sapphire Preferred, Capital One Venture) for purchases.
- Avoid airport exchanges — markups of 8–15% over mid-market.
- Always choose local currency when paying with a card abroad (never "Pay in USD").
Frequently Asked Questions
What is 1 USD in CAD?
The current mid-market rate for 1 USD to CAD is shown live above. This is what banks use to trade with each other. Expect a 2–4% markup at most banks/ATMs.
What is the best way to convert USD to CAD?
For transfers: Wise (0.4–1% markup). For ATM withdrawals: Charles Schwab debit (~0%). For purchases abroad: no-foreign-fee credit card.
How often does the USD to CAD rate change?
Continuously during forex trading hours (24/5). Our converter refreshes every 60 minutes from currency-api with ECB-backed fallback.
Why is my bank's rate different?
Banks build a 2–4% margin into their quoted rate. The rate shown here is the mid-market baseline.