The USD/CAD exchange rate rose to 1.3830 on July 30, 2025, up 0.40% from the previous session. Over the past month, the Canadian Dollar has weakened 1.36%, and is down by 0.16% over the last 12 months. Canadian Dollar - values, historical data, forecasts and news - updated on July of 2025.

Graph and download economic data for Canadian Dollars to U.S. Dollar Spot Exchange Rate (DEXCAUS) from 1971-01-04 to 2025-07-25 about Canada, exchange rate, currency, rate, and USA.

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.

Canada's main stock market index, the TSX, fell to 27370 points on July 30, 2025, losing 0.62% from the previous session. Over the past month, the index has climbed 1.86% and is up 18.43% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Canada. Canada Stock Market Index (TSX) - values, historical data, forecasts and news - updated on July of 2025.

The Gross Domestic Product (GDP) in Canada was worth 2241.25 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Canada represents 2.11 percent of the world economy. This dataset provides - Canada GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada Balance Sheet: Households & NPISH: Assets: Financial: CD: Canadian Currency & Deposits data was reported at 2,147,549.000 CAD mn in Dec 2024. This records an increase from the previous number of 2,128,315.000 CAD mn for Sep 2024. Canada Balance Sheet: Households & NPISH: Assets: Financial: CD: Canadian Currency & Deposits data is updated quarterly, averaging 729,883.000 CAD mn from Mar 1990 (Median) to Dec 2024, with 140 observations. The data reached an all-time high of 2,147,549.000 CAD mn in Dec 2024 and a record low of 356,901.000 CAD mn in Mar 1990. Canada Balance Sheet: Households & NPISH: Assets: Financial: CD: Canadian Currency & Deposits data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.AB011: CSNA2012: Balance Sheet Accounts: Households and Non-Profit Institutions Serving Households.

Financial information of colleges, type of revenues by geography and type of funds.

Canada Balance Sheet: Households & NPISH: Liabilities: CD: Canadian Currency & Deposits data was reported at 0.000 CAD mn in Dec 2024. This stayed constant from the previous number of 0.000 CAD mn for Sep 2024. Canada Balance Sheet: Households & NPISH: Liabilities: CD: Canadian Currency & Deposits data is updated quarterly, averaging 0.000 CAD mn from Mar 1990 (Median) to Dec 2024, with 140 observations. The data reached an all-time high of 0.000 CAD mn in Dec 2024 and a record low of 0.000 CAD mn in Dec 2024. Canada Balance Sheet: Households & NPISH: Liabilities: CD: Canadian Currency & Deposits data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.AB011: CSNA2012: Balance Sheet Accounts: Households and Non-Profit Institutions Serving Households.

The Dollar and Variety Store industry in Canada has been resilient and adaptable in the face of economic shifts and inflationary pressures. Industry revenue has risen over the past five years at a CAGR of 2.8%. With an anticipated growth of 1.0% this year, it will reach $8.3 billion in 2025. These stores have evolved beyond their basic, impulse-buy roots, gaining traction with middle-income consumers by diversifying product lines and enhancing customer experiences. With over 85% of Canadians living within 10 kilometres of a Dollarama, according to the company’s estimates, their accessibility and broadened offerings have made them essential in the retail landscape. Despite tight and fluctuating profit driven by volatile input costs, the temperance of inflation promises more predictability, setting the stage for future growth. Over the past five years, these stores have skillfully leveraged economic volatility to their advantage. The spike in 2020 revenue by 11.8% highlights their ability to capture budget-conscious shoppers during the pandemic downturn. They’ve navigated through shifts in per capita disposable income and spikes in the consumer price index by emphasizing their affordable essentials. Dollar stores’ adaptability and emphasis on in-store innovations, like strategic product placements and optimized queue lines, have kept them afloat against external competition. By revamping aesthetics and introducing national brands, dollar stores have shattered negative stereotypes and set new standards for chic, budget-friendly shopping. The next five years hold promising potential, tempered with challenges. Revenue is projected to climb at a CAGR of 1.1%, hitting $8.8 billion in 2030. Major chains like Dollarama and Dollar Tree are expected to drive this growth through aggressive expansion and tech investments. These strategies will ensure they remain competitive amid increased pressure from major retailers like Amazon and Temu. As consumers continue tightening their wallets with an expected 0.7% annual decline in disposable income, dollar stores are poised to capture this bargain-hunting demographic. By embracing advancements in AI and inventory management, they aim to enhance shopping experiences and extend their market reach. With anticipated interest rate cuts potentially lowering operational costs, these stores are set to consolidate their position in Canada’s evolving retail scene.

Comprehensive dataset of 223 Dollar stores in British Columbia, Canada as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

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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 Foreign Exchange Market is segmented by 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), and geography (North America: US, Canada; Europe: Germany, Switzerland, UK; Middle East and Africa: UAE; APAC: China, India, Japan; South America: Brazil; Rest of World). This segmentation reflects the market's global dynamics, driven by institutional trading, increasing digital adoption through electronic trading and mobile trading, and regional economic activities, with APAC markets like India and China showing significant growth alongside traditional hubs like the US and UK.
The market is experiencing significant shifts driven by the escalating trends of urbanization and digitalization. These forces are creating 24x7 trading opportunities, enabling greater accessibility and convenience for market participants. However, the market's dynamics are not without challenges. The uncertainty of future exchange rates poses a formidable obstacle for businesses and investors alike, necessitating robust risk management strategies. As urbanization continues to expand and digital technologies reshape the trading landscape, market players must adapt to remain competitive. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. Companies seeking to capitalize on these opportunities must navigate the challenges effectively, ensuring they stay abreast of exchange rate fluctuations and implement agile strategies to mitigate risk.
The ability to adapt and respond to these market shifts will be crucial for success in the evolving market.

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

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic and intricate realm of the market, entities such as algorithmic trading, order book, order management systems, and liquidity risk intertwine, shaping the ever-evolving market landscape. The market's continuous unfolding is characterized by the integration of various components, including sentiment analysis, Fibonacci retracement, mobile trading, and good-for-the-day orders. Market activities are influenced by factors like political stability, monetary policy, and market liquidity, which in turn impact economic growth and trade settlement. Technical analysis, with its focus on chart patterns and moving averages, plays a crucial role in informing trading decisions. The market's complexity is further amplified by the presence of entities like credit risk, counterparty risk, and operational risk.

Central bank intervention, order execution, clearing and settlement, and trade confirmation are essential components of the market's infrastructure, ensuring a seamless exchange of currencies. Geopolitical risk, currency correlation, and inflation rates contribute to currency volatility, necessitating hedging strategies and risk management. Market risk, interest rate differentials, and commodity currencies influence trading strategies, while cross-border payments and brokerage services facilitate international trade. The ongoing evolution of the market is marked by the emergence of advanced trading platforms, automated trading, and real-time data feeds, enabling traders to make informed decisions in an increasingly interconnected and complex global economy.

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.

The market is a dynamic and complex ecosystem where various entities interplay to manage currency risks and facilitate international trade. Reporting dealers, as key participants,

Canada Balance Sheet: Households & NPISH: Assets: Financial: IR: Foreign Currency Deposits & Securities (FC) data was reported at 0.000 CAD mn in Dec 2024. This stayed constant from the previous number of 0.000 CAD mn for Sep 2024. Canada Balance Sheet: Households & NPISH: Assets: Financial: IR: Foreign Currency Deposits & Securities (FC) data is updated quarterly, averaging 0.000 CAD mn from Mar 1990 (Median) to Dec 2024, with 140 observations. The data reached an all-time high of 0.000 CAD mn in Dec 2024 and a record low of 0.000 CAD mn in Dec 2024. Canada Balance Sheet: Households & NPISH: Assets: Financial: IR: Foreign Currency Deposits & Securities (FC) data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.AB011: CSNA2012: Balance Sheet Accounts: Households and Non-Profit Institutions Serving Households.

The gross profit of Royal Canadian Mint with headquarters in Canada amounted to ****** million Canadian dollars in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total increase by approximately ***** million Canadian dollars. The trend from 2019 to 2023 shows, however, that this increase did not happen continuously.

Canadian electrical equipment manufacturers have endured significant volatility in recent years. Drastic fluctuations in residential and nonresidential construction value contributed to revenue losses since 2019. During this time, heightened economic uncertainty, weaker corporate profit, elevated inflation and high interest rates pushed long-term borrowing costs higher, discouraging construction activity and harming demand for domestic manufacturers. Producers could make up some of these losses as the Canadian economy recovered during 2021 and 2022, enabling demand from the industrial sector to swell. IBISWorld expects industry revenue to experience the highest growth in 2023, as revenue generated in Ontario and Quebec supported performance and profit. However, corporate profit and staggering nonresidential construction activity limited the industry's movement forward. These trends have caused revenue to expand at an estimated CAGR of 5.0% to $7.5 billion through 2025, with a 2.3% gain during that year alone. Domestic manufacturers are heavily impacted by international trade activity, with imports accounting for more than 90.0% of domestic demand. The appreciation of the Canadian dollar in recent years has also contributed to imports becoming more popular among domestic buyers. These significant levels of import penetration have pushed manufacturers to focus on producing higher-quality equipment, making them more competitive globally. Domestic producers focusing on serving foreign buyers, mainly based in the United States, have led exports to account for a large majority of revenue despite a strengthening loonie. Overall, profit declined as imports continued to threaten the industry. Ongoing trade tension between the United States and Canada continues to pressure operators and profit. Over the coming years, manufacturers will benefit from a recovering economy. Stabilizing economic conditions, including falling inflation, interest rate declines, growing consumer confidence and rising corporate profit, will support a growing construction sector. These trends will also enable demand for manufactured products to recover, supporting demand from the industrial sector and driving profit growth. Similarly, equipment manufacturers will benefit from the widespread adoption of new technologies, including automated solutions, that require new electronic equipment. Over the coming years, producers will also benefit from public investment in sustainable energy, generating a significant need for new electronic equipment. These factors will cause revenue to swell at an estimated CAGR of 0.7% to $7.8 billion through 2030.

Pressures from external competition from banks offering foreign exchange services have limited growth. More foreign currency exchange houses provide services to financial institutions by participating in the supply chain of foreign exchange, supplying banks with banknotes wholesale, or providing the service directly as an outsourced agent. Alongside favorable economic trends during the majority of the five years and the proliferation of online services, operators have expanded demand by extending the reach of their services. In addition, the significant jump in the inbound international travel and international trips by Canadian residents has contributed to boosting industry revenue. Overall, revenue has climbed at a CAGR of 3.1% to $296.4 million over the past five years, including an expected decrease of 1.3% in 2025 alone. Industry profit has climbed to 1.1% of revenue in 2025 due to the growth in travel. Traditional brick-and-mortar locations have benefited from growing inbound international travel that has expanded demand for foreign exchange services in airports and urban centres during most of the period; however, the adverse effects of the pandemic have still played a significant role throughout the reporting period. The growing number of operators offering online services through platforms has expanded the reach of companies, which has increased demand to benefit the industry. The proliferation of foreign currency exchange houses offering online platforms for their services is expected to continue alongside the growth of foreign exchange services for financial institutions. In addition, traditional branch locations are expected to expand due to increased travel patterns and improve economic growth in Canada and globally. However, heavy external competition from financial institutions is unlikely to weaken and will continue to pressure revenue. Overall, revenue is expected to decline at a CAGR of 0.2% to $293.3 million over the five years to 2030.

Canada's forestry sector had an operating profit of nearly 7.7 billion Canadian dollars in 2023. That was a significant decrease in comparison to the sector's operating profit in 2021, which exceeded 18 billion Canadian dollars.

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. By July 15, 2025, the DXY index was around 98.01 points. 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.

The Hardware Manufacturing industry in Canada has been defined by volatile trade and downstream markets over the past five years. Companies in the Household Furniture Manufacturing and Car and Automobile Manufacturing industries in Canada, as well as construction markets and consumers, purchase hardware products manufactured by this industry. A strong housing market, driven by low interest rates due to the pandemic, supported the industry in 2020 and 2021, but declines in residential construction late in the period hurt demand for industry goods. Still, overall growth in the number of housing starts has staved off sharper declines amid economic uncertainty. Revenue is forecast to fall at a CAGR of 3.0% to $2.1 billion through the end of 2024, with a forecast rise of 2.6% during the current year as spending begins to recover. A major threat to this industry is the strong share of domestic demand that is satisfied by imports. Import penetration from countries with lower wages and production costs, has contributed to the strong competition faced by operators. Many companies transferred production from Canada to low labor cost countries like China and Mexico. Import competition has led to plant closures and consolidation, as some domestic operators have been unable to compete with less expensive imports. Despite the appreciation of the Canadian dollar over the past five years, imports were hindered, supporting industry growth. Companies are estimated to have maintained acceptable operating profit levels by effectively managing costs. The industry is forecast to resume growth over the next five years, with exports aided by a weaker Canadian dollar. Construction markets both domestically and in the US are expected to stabilize as the economy adjusts to lower interest rates. Consequently, revenue is expected to increase at a CAGR of 1.1% to $2.2 billion through the end of 2029.

Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, (dollars x 1,000,000), monthly, 5 most recent time periods.

The operating profit of CU with headquarters in Canada amounted to *** million Canadian dollars in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total decrease by approximately *** million Canadian dollars. The trend from 2019 to 2023 shows, however, that this decrease did not happen continuously.