The USD/CAD exchange rate rose to 1.3700 on June 9, 2025, up 0.03% from the previous session. Over the past month, the Canadian Dollar has strengthened 1.96%, and is up by 0.44% over the last 12 months. Canadian Dollar - values, historical data, forecasts and news - updated on June of 2025.

Graph and download economic data for Canadian Dollars to U.S. Dollar Spot Exchange Rate (EXCAUS) from Jan 1971 to May 2025 about Canada, exchange rate, currency, rate, and USA.

Key information about Canada Exchange Rate against USD

• Canada Exchange Rate against USD averaged 1.352 (USD/CAD) in May 2023, compared with 1.348 USD/CAD in the previous month.
• Canada Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 1.600 in Jan 2002 and a record low of 0.948 in Oct 1959.

CEIC extends history for monthly average Exchange Rate against USD. Federal Reserve Board provides average Exchange Rate against USD. Exchange Rate against USD prior to January 1971 is sourced from the International Monetary Fund.


Key information about Canada Exchange Rate against USD

• In the latest reports, Canada Short Term Interest Rate: Month End: Treasury Bills Yield: 3 Months was reported at 4.590 % pa in May 2023.
• Its Long Term Interest Rate (Government Benchmark Bonds Yield: Month End: 10 Years) was reported at 3.180 % pa in May 2023.
• The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 4.500 % pa in May 2023.

Graph and download economic data for Canadian Dollars to U.S. Dollar Spot Exchange Rate (AEXCAUS) from 1971 to 2024 about Canada, exchange rate, currency, rate, and USA.

Prices for USCCAD USD Coin Canadian Dollar including live quotes, historical charts and news. USCCAD USD Coin Canadian Dollar was last updated by Trading Economics this June 9 of 2025.

This table contains 27 series, with data starting from 1981 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Type of currency (27 items: Australian dollar, daily average; Brazilian real, daily average; Chinese renminbi, daily average; European euro, daily average; ...).

This table contains 45 series, with data for years 1950 - 2015 (not all combinations necessarily have data for all years), and was last released on 2016-01-05. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Type of currency (45 items: United States dollar; noon spot rate; average; Danish krone; noon spot rate; average; French franc; noon spot rate; average; Belgian franc; noon spot rate; average ...).

The U.S. dollar to Canadian dollar exchange rate history shows a decline since 2020, although figures pickd up substantially since mid 2022. By May 2, 2025, one U.S. dollar could buy roughly 1.38 Canadian dollars.

The currency chart for Canada shows historical data for the Canadian Dollars per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Canadian Dollars per USD. Depreciation implies that goods from...

A graphic that displays the dollar performance against other currencies reveals that economic developments had mixed results on currency exchanges. The third quarter of 2023 marked a period of disinflation in the euro area, while China's projected growth was projected to go up. The United States economy was said to have a relatively strong performance in Q3 2023, although growing capital market interest rate and the resumption of student loan repayments might dampen this growth at the end of 2023. A relatively weak Japanese yen Q3 2023 saw pressure from investors towards Japanese authorities on how they would respond to the situation surrounding the Japanese yen. The USD/JPY rate was close to ***, whereas analysts suspected it should be around ** given the country's purchase power parity. The main reason for this disparity is said to be the differences in central bank interest rates between the United States, the euro area, and Japan. Any future aggressive changes from, especially the U.S. Fed might lower those differences. Financial markets responded somewhat disappoint when Japan did not announce major plans to tackle the situation. Potential rent decreases in 2024 Central bank rates peak in 2023, although it is expected that some of these will decline in early 2024. That said, analysts expect overall policies will remain restrictive. For example, the Bank of England's interest rate remained unchanged at **** percent in Q3 2023. It is believed the United Kingdom's central bank will ease its interest rate in 2024 but less than either the U.S. Fed or the European Central Bank. This should be a positive development for the pound compared to either the euro or the dollar.

Historical price and volatility data for US Dollar in CAD Coin across different time periods.

This table contains 11 series, with data for years 1986 - 2012 (not all combinations necessarily have data for all years), and was last released on 2013-01-09. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Foreign currencies (11 items: United States (dollar); United Kingdom (British pounds); Germany (mark); France (franc) ...).

Historical price and volatility data for US Dollar in CAD Coin across different time periods.

The US dollar index of February 2025 was higher than it was in 2024, although below the peak in late 2022. This reveals itself in a historical graphic on the past 50 years, measuring the relative strength of the U.S. dollar. This metric is different from other FX graphics that compare the U.S. dollar against other currencies. The history of the DXY Index The index shown here – often referred to with the code DXY, or USDX – measures the value of the U.S. dollar compared to a basket of six other foreign currencies. This basket includes the euro, the Swiss franc, the Japanese yen, the Canadian dollar, the British pound, and the Swedish króna. The index was created in 1973, after the arrival of the petrodollar and the dissolution of the Bretton Woods Agreement. Today, most of these currencies remain connected to the United States' largest trade partners. The relevance of the DXY Index The index focuses on trade and the strength of the U.S. dollar against specific currencies. It less on inflation or devaluation, which is measured in alternative metrics like the Big Mac Index. Indeed, as the methodology behind the DXY Index has only been updated once – when the euro arrived in 1999 – some argue this composition is not accurate to the current state of the world. The price development of the U.S. dollar affects many things, including commodity prices in general.

Historical price and volatility data for US Dollar in CAD Coin across different time periods.

In April 2025, the exchange rate of yuan to U.S. dollar was ****. In the past decades, the yuan has undergone a slow liberalization, being increasingly exposed to the international money market. FOREX history of the Renminbi After the Communist Party took control over China, it introduced a unified currency which has since then undergone many changes. During the planned economy, the yuan had a fixed exchange rate. At the time, the currency’s exchange rate was deliberately set high to support the industrial development, which relied on imports. After the country committed to opening its economy, the Renminbi was gradually exposed to the supply and demand of the global FOREX markets. Until 2005, the yuan remained pegged to the U.S. dollar. Currency manipulator, or not? As China manifested its role in the global economy, the country was repeatedly accused of manipulating the value of its currency. Especially, voices from the United States claimed that Beijing would intentionally keep the value of the yuan low. A cheap Renminbi would make products from China more attractive for foreign buyers which in turn would support the country’s export-driven economy. However, currency manipulation is difficult to make out and even harder to prove, which is why no significant actions have been taken.

Historical price and volatility data for US Dollar in Caduceus Protocol (new) across different time periods.

This table contains 44 series, with data for years 1950 - 2017 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Type of currency (44 items: United States dollar, noon spot rate; United States dollar, 90-day forward noon rate; Belgian franc, noon spot rate; Danish krone, noon spot rate; ...).

Historical price and volatility data for US Dollar in CEDEN Network across different time periods.

Key information about Canada Policy Rate

• Canada cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 3.00 % pa in Feb 2025, compared with 3.00 % pa in the previous Jan 2025.
• Canada Policy Rate averaged 2.50 % pa and is updated monthly, available from Dec 1992 to Feb 2025.
• The data reached an all-time high of 8.13 % pa in Feb 1995 and a record low of 0.25 % pa in Feb 2022.

Related information about Canada Policy Rate

• In the latest reports, Canada Short Term Interest Rate: Month End: Treasury Bills Yield: 3 Months was reported at 2.85 % pa in Jan 2025.
• Its Long Term Interest Rate (Government Benchmark Bonds Yield: Month End: 10 Years) was reported at 3.07 % pa in Jan 2025.
• Canada Exchange Rate against USD averaged 1.33 (USD/CAD) in Jun 2023.
• Its Real Effective Exchange Rate was 88.39 in Dec 2024.