One US dollar is worth roughly $1.36 CAD. The USD/CAD exchange rate moves constantly with interest rates, oil prices and risk sentiment. See it update live on our rate tracker, sourced from the Bank of Canada.
One US dollar is worth roughly $1.36 Canadian right now. USD/CAD is a live floating exchange rate that moves every second with interest-rate gaps, oil prices and risk sentiment, so the exact figure changes constantly. Our homepage shows the live rate from official Bank of Canada data.
The loonie's value against the US dollar is driven by a few big forces: the gap between the Bank of Canada and US Federal Reserve interest rates (higher relative rates attract capital and strengthen a currency), oil prices (Canada is a major exporter, so a stronger loonie often tracks higher crude), and global risk sentiment (the US dollar is a safe haven, so it strengthens in turbulent times).
USD/CAD affects the price of everything Canada imports — from groceries to electronics — and therefore feeds into inflation. A weaker loonie makes US travel and cross-border shopping more expensive, while a stronger loonie helps importers and travellers. It's one of the most-watched numbers in the Canadian economy.
The figure here is approximate; the live rate on our homepage tracker is pulled directly from the Bank of Canada's official exchange-rate data.
About 1.36 — one US dollar buys roughly $1.36 Canadian. See the live figure on our homepage, sourced from the Bank of Canada.
Interest-rate differences, oil prices and the US dollar's safe-haven status all keep USD/CAD above 1.0.
The live rate is pulled from the official Bank of Canada exchange-rate data.