Foreign Exchange Rate: Bank of Mexico: Canadian Dollar data was reported at 14.504 MXN/CAD in Mar 2019. This records a decrease from the previous number of 14.619 MXN/CAD for Feb 2019. Foreign Exchange Rate: Bank of Mexico: Canadian Dollar data is updated monthly, averaging 11.895 MXN/CAD from Jan 2000 (Median) to Mar 2019, with 231 observations. The data reached an all-time high of 15.944 MXN/CAD in Jan 2017 and a record low of 5.661 MXN/CAD in Mar 2002. Foreign Exchange Rate: Bank of Mexico: Canadian Dollar data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.M005: Foreign Exchange Rates.

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Foreign Exchange Market Size 2025-2029

The foreign exchange market size is forecast to increase by USD 582 billion at a CAGR of 10.6% between 2024 and 2029.

The market is experiencing significant growth, driven by the global trend of increasing urbanization and the 24x7 trading opportunities it affords. The digitalization of financial services has enabled seamless transactions across borders, making foreign exchange more accessible than ever before. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. However, this market is not without challenges. Regulatory hurdles impact adoption in some regions, with stringent regulations and compliance requirements adding complexity to market entry. Furthermore, the uncertainty of future exchange rates poses a significant risk for businesses engaging in foreign exchange transactions.
Navigating these challenges requires a deep understanding of market dynamics and a strategic approach to risk management. Companies seeking to capitalize on the opportunities in the market must stay informed of regulatory changes and adopt advanced risk management techniques to mitigate the impact of exchange rate volatility. By doing so, they can effectively capitalize on the growth potential of this dynamic market.

What will be the Size of the Foreign Exchange Market during the forecast period?

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The market, also known as FX, plays a crucial role in global business operations and finance. FX market liquidity is essential for effective portfolio management, mitigating interest rate risk, and facilitating cross-border transactions. FX analysis involves various tools and techniques, including technical analysis using moving averages, chart patterns, and stochastic oscillators, as well as fundamental analysis focusing on economic indicators and sentiment. Interest rate differentials drive currency appreciation and influence FX trading, with foreign exchange swaps enabling the exchange of principal and interest between two different currencies. Market orders facilitate instant execution, while trading platforms offer advanced features such as automated trading robots and AI-driven systems.
FX market impact is a critical consideration, with operational risk and compliance essential in managing currency exposure and hedging strategies. Currency risk and FX forward rates are vital components of FX risk management, while FX trading apps and discipline help maximize profit and minimize psychological biases. FX trading systems employ various tools like FX charts, indicators, and exchange-traded derivatives to analyze trends and forecast future movements. Cryptocurrency trading has also emerged as a significant component of FX markets, adding complexity and volatility to the market structure. FX trading Blockchain Technology offers potential benefits, such as increased transparency and reduced counterparty risk.

How is this Foreign Exchange Industry segmented?

The foreign exchange industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Reporting dealers
  Financial institutions
  Non-financial customers


Trade Finance Instruments

  Currency swaps
  Outright forward and FX swaps
  FX options


Trading Platforms

  Electronic Trading
  Over-the-Counter (OTC)
  Mobile Trading


Geography

  North America

    US
    Canada


  Europe

    Germany
    Switzerland
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period.

In het market, dealers manage risky inventory positions during the maturity period, earning returns through liquidity provision. These returns reflect the risk premium associated with non-diversifiable risks. Dealers employ trading strategies using customer trade information to generate higher-than-expected returns. Competition among liquidity providers is expected to maintain stable pricing during the forecast period. Reporting dealers offer inter-day liquidity, buying and selling foreign exchange at posted bids while providing quotes throughout the trading day. Trading in the market involves various financial instruments and tools. Market orders are executed at the prevailing market price, while limit orders are executed at a specified price.

Forex brokers facilitate transactions between buyers and sellers, providing access to various trading tools such as currency baskets and exchange-traded derivatives. Cross-currency pairs are used for hedging and speculation, with the value of one curre

Money Supply M0 in Canada increased to 229799 CAD Million in March from 223153 CAD Million in February of 2025. This dataset provides - Canada Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Thailand Forex: Thai Baht to Canadian Dollar: Buy: T/T data was reported at 25.032 THB/CAD in Jul 2018. This records an increase from the previous number of 24.476 THB/CAD for Jun 2018. Thailand Forex: Thai Baht to Canadian Dollar: Buy: T/T data is updated monthly, averaging 29.494 THB/CAD from Jan 1999 (Median) to Jul 2018, with 235 observations. The data reached an all-time high of 35.124 THB/CAD in Dec 2005 and a record low of 23.923 THB/CAD in Jan 1999. Thailand Forex: Thai Baht to Canadian Dollar: Buy: T/T data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.M006: Exchange Rates: Bank of Thailand.

The value of the Canadian apparel market was estimated to be worth approximately 35 billion Canadian dollars in 2023. This figure is estimated to increase to around 38.8 billion U.S. dollars in 2027. The apparel market in Canada is comprised of companies which design, produce and sell clothing, footwear and/or accessories.

Who are the key players in the market?

The largest specialist apparel retail chain in Canada by number of outlets in 2023 was Mark's. The Canadian chain, which sells casual clothing and workwear, had 380 retail outlets. This was almost 60 stores more than second-placed Ardene. Reitmans made up the top three chains, with 235 outlets. Despite having the most stores, Mark's was ranked fourth when it came to the dollar sales share of apparel retailers in Canada. Winners was the leading apparel retailer in Canada in this regard, with a 7.6 percent share. Winners is owned by TJX companies, which has discount clothing stores around the world. Walmart accounted for 5.9 percent of the Canadian apparel market that year.

Trade

In 2022, Canada imported far more apparel than it exported. Total imports came to roughly 17.5 billion Canadian dollars. The largest category of imports was women's and girls' clothing, which was worth roughly 6.7 billion dollars. Men's and boys' clothing imports were worth over five billion Canadian dollars. In comparison, Canada exported approximately 710 million dollars' worth of men's and boys' clothing, and 770 million dollars; worth of women's and girls' clothing.

Interbank Rate in Canada remained unchanged at 4.97 percent on Wednesday June 26. This dataset provides - Canada Overnight Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average Canadian house price declined slightly in 2023, after four years of consecutive growth. The average house price stood at 678,282 Canadian dollars in 2023 and was forecast to reach 746,379 Canadian dollars by 2026. Home sales on the rise The number of housing units sold is also set to increase over the two-year period. From 443,511 units sold, the annual number of home sales in the country is expected to rise to 453,704 in 2025. British Columbia and Ontario have traditionally been housing markets with prices above the Canadian average, and both are set to witness an increase in sales in 2025. How did Canadians feel about the future development of house prices? When it comes to consumer confidence in the performance of the real estate market in the next six months, Canadian consumers in 2024 mostly expected that the market would go up. A slightly lower share of the respondents believed real estate prices would remain the same.

The statistic depicts the public cloud computing spending forecast in Canada in 2019 and 2023. In Canada, spending on public cloud computing was forecast to reach 10.3 billion Canadian dollars in 2023, growing at a CAGR of 16 percent during the forecast period.

This statistic shows the forecasted growth of the Canadian Infrastructure as a Service (IaaS) market between 2015 and 2018. In 2018, the Infrastructure as a Service market in Canada is predicted to double to 1.2 billion Canadian dollars by 2018. Infrastructure as a service (IaaS) is a service model delivering computer infrastructure on an outsourced basis to support enterprise operations. Globally, among the best-known IaaS providers are Amazon S3, DigitalOcean, and Microsoft Azure.

This statistic shows the sales forecast for dolls and accessories in Canada from 2013 to 2018. Sales of dolls and accessories were forecasted to amount to approximately 146.1 million Canadian dollars in 2018.

This statistic shows a comparison of gross domestic product (GDP) of Canada and the United States from 2020 to 2030 in billion U.S. dollars. In 2024, GDP of Canada amounted to about 2.24 trillion U.S. dollars and GDP of the United States amounted to about 29.18 trillion U.S. dollars. Thus, aggregated GDP for North America came to about 31.43 trillion U.S. dollars that year.

India Foreign Exchange Rate: Export Good: Canadian Dollar data was reported at 53.450 INR/CAD in 27 Nov 2018. This stayed constant from the previous number of 53.450 INR/CAD for 26 Nov 2018. India Foreign Exchange Rate: Export Good: Canadian Dollar data is updated daily, averaging 50.950 INR/CAD from Feb 2011 (Median) to 27 Nov 2018, with 2857 observations. The data reached an all-time high of 63.300 INR/CAD in 05 Sep 2013 and a record low of 44.900 INR/CAD in 31 Jul 2011. India Foreign Exchange Rate: Export Good: Canadian Dollar data remains active status in CEIC and is reported by Central Board of Indirect Taxes and Customs. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MC005: Foreign Exchange Rate: Export Good.

The revenue is forecast to experience significant growth in all regions in 2029. From the selected regions, the ranking by revenue in the 'Heating & Cooling' segment of the diy & hardware store market is forecast to be lead by the United States with 143.1 billion U.S. dollars. In contrast, the ranking is trailed by Canada with 1.4 billion U.S. dollars, recording a difference of 141.7 billion U.S. dollars to the United States. Find further statistics on other topics such as a comparison of the revenue in Indonesia and a comparison of the revenue in China. The Statista Market Insights cover a broad range of additional markets.

United Kingdom Sterling Exchange Rate: Monthly Avg: Canadian Dollar data was reported at 1.703 CAD/GBP in Nov 2018. This records an increase from the previous number of 1.692 CAD/GBP for Oct 2018. United Kingdom Sterling Exchange Rate: Monthly Avg: Canadian Dollar data is updated monthly, averaging 2.061 CAD/GBP from Jan 1975 (Median) to Nov 2018, with 527 observations. The data reached an all-time high of 2.862 CAD/GBP in Jan 1981 and a record low of 1.479 CAD/GBP in Feb 1985. United Kingdom Sterling Exchange Rate: Monthly Avg: Canadian Dollar data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.M007: Foreign Exchange Rates.

The EBITDA of BevCanna Enterprises Inc., the Canadian company specializing in the manufacturing of cannabis infused beverages, is forecast to reach approximately 71.31 million Canadian dollars by 2022. This would be a threefold increase from around 25 million Canadian dollars in 2020.

This statistic shows the forecasted market value of the dairy industry in Canada from 2014 to 2019. The value of the Canadian dairy market was forecasted to reach approximately 11.45 billion Canadian dollars in 2018.

The Canadian footwear market was worth approximately 8.92 billion Canadian dollars in 2024. This figure marks an increase compared to the year prior.

In 2024, it was forecasted that hospital expenditures in Canada would average 2,334 Canadian dollars per person, which represents over a quarter of the total expenditure in healthcare per capita. Per capita health expenditures tend to differ among provinces partially due to differences in age distribution. This statistic displays a forecast of the total health expenditures per capita in Canada, by use of funds, in 2024.

The value of new residential buildings put in place in Canada decreased significantly in 2023, and it is expected to also fall slightly in 2024. By 2024, residential construction spending in Canada would amount to approximately 151.1 billion Canadian dollars. In 2016, residential construction spending was valued at just over 105 billion Canadian dollars.