USD to CAD converter (Bank of Canada rate)
Enter an amount to convert between US and Canadian dollars at the Bank of Canada's daily average rate.
The rate updates every business day, so you see the date of the rate used next to the result.
How it's calculated
- The Bank of Canada publishes one indicative rate per business day: how many Canadian dollars one US dollar is worth.
- US dollars are multiplied by that rate to get Canadian dollars. Canadian dollars are divided by it to get US dollars.
An example
At a rate of 1.4222, US$100 is CA$142.22, and CA$100 is about US$70.31.
Frequently asked questions
Is this the rate my bank will give me?
No. The Bank of Canada rate is an average for reference. Banks, exchange offices and card issuers add their own margin.
Where does the rate come from?
From the Bank of Canada's FXUSDCAD series: the daily average exchange rate of the US dollar in Canadian dollars.
Why is there no rate on weekends?
The Bank of Canada publishes rates on business days only. On weekends and holidays the latest business day's rate is used.
Key terms
- Daily average rate
- The Bank of Canada's indicative exchange rate for a business day.
- USD/CAD
- The number of Canadian dollars needed to buy one US dollar.
The same calculation in other countries
Nigeria
Kenya
Tanzania
Ghana
Kuwait
Jamaica
Rwanda
Qatar (English)
Cameroon (English)
Zambia
Ethiopia
Namibia
Malawi
Liberia
Gambia
Barbados
Belize
Brunei
Nepal
Samoa
BhutanUp-to-date official data
US dollar in Canadian dollars, daily average: updated , with the latest figure from Bank of Canada.
We check the official sources automatically, every day.
See all sources