The USDCAD decreased 0.0004 or 0.03% to 1.4262 on Thursday March 27 from 1.4266 in the previous trading session. Canadian Dollar - values, historical data, forecasts and news - updated on March of 2025.

The U.S. dollar to Canadian dollar exchange rate history shows a decline since 2020, although figures pickd up substantially since mid 2022. By March 25, 2025, one U.S. dollar could buy roughly 1.43 Canadian dollars.

Graph and download economic data for Canadian Dollars to U.S. Dollar Spot Exchange Rate (DEXCAUS) from 1971-01-04 to 2025-03-21 about Canada, exchange rate, currency, rate, and USA.

Prices for CADUSC Canadian Dollar USD Coin including live quotes, historical charts and news. CADUSC Canadian Dollar USD Coin was last updated by Trading Economics this March 27 of 2025.

Canada CA: Exchange Rate: National Currency per USD: Double Hit Scenario data was reported at 1.409 USD/CAD in Dec 2021. This stayed constant from the previous number of 1.409 USD/CAD for Sep 2021. Canada CA: Exchange Rate: National Currency per USD: Double Hit Scenario data is updated quarterly, averaging 1.176 USD/CAD from Mar 1960 (Median) to Dec 2021, with 248 observations. The data reached an all-time high of 1.594 USD/CAD in Mar 2002 and a record low of 0.952 USD/CAD in Mar 1960. Canada CA: Exchange Rate: National Currency per USD: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Canada – Table CA.OECD.EO: Exchange Rate: Forecast: OECD Member: Quarterly. EXCHUD - Exchange rate, national currency per USD

The exchange rate history of the euro against the Canadian dollar reveals a steady increase since 2015, although several dips did occur. Since 2021, for instance, the EUR/CAD exchange rate steadily declined - with one euro being worth 1.55 Canadian dollars as of the end of March 25, 2025. This is not as sharp a decline as in previous years, however. Between 2009 and 2012, the exchange rate noted a sharp decline in value with one euro being able to buy around 1.29 Canadian dollars. This sharp decline was most likely associated with the volatile changes brought to the financial markets by the global recession. Since 2012, the annual average euro to Canadian dollar exchange rate has recovered but remains to be lower than it was back in 1999.

Ukraine Forex: NBU: End of Month: Canadian Dollar data was reported at 2,143.672 UAH/100 CAD in Oct 2018. This records a decrease from the previous number of 2,165.138 UAH/100 CAD for Sep 2018. Ukraine Forex: NBU: End of Month: Canadian Dollar data is updated monthly, averaging 465.154 UAH/100 CAD from Jan 1996 (Median) to Oct 2018, with 274 observations. The data reached an all-time high of 2,273.244 UAH/100 CAD in Jan 2018 and a record low of 128.100 UAH/100 CAD in Jul 1996. Ukraine Forex: NBU: End of Month: Canadian Dollar data remains active status in CEIC and is reported by National Bank of Ukraine. The data is categorized under Global Database’s Ukraine – Table UA.M009: Foreign Exchange Rate.

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.

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 ...).

Money Supply M0 in Canada increased to 251190 CAD Million in January from 243244 CAD Million in December of 2024. This dataset provides - Canada Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tajikistan Foreign Exchange Rate: NBT: Canadian Dollar data was reported at 7.085 TJS/CAD in Nov 2018. This records a decrease from the previous number of 7.182 TJS/CAD for Oct 2018. Tajikistan Foreign Exchange Rate: NBT: Canadian Dollar data is updated monthly, averaging 4.676 TJS/CAD from Nov 2007 (Median) to Nov 2018, with 133 observations. The data reached an all-time high of 7.259 TJS/CAD in Aug 2018 and a record low of 2.781 TJS/CAD in Nov 2008. Tajikistan Foreign Exchange Rate: NBT: Canadian Dollar data remains active status in CEIC and is reported by National Bank of Tajikistan. The data is categorized under Global Database’s Tajikistan – Table TJ.M005: Foreign Exchange Rates.

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, monthly average; Brazilian real, monthly average; Chinese renminbi, monthly average; European euro, monthly average; ...).

Snapshot img

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 continues to evolve, driven by several key trends and challenges. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. The Internet of Things (IoT) and artificial intelligence (AI) revolutionize banking and financial services, enabling real-time personal finance software and content delivery for travelers and businesses. The uncertainty of future exchange rates fuels the demand for 24x7 trading opportunities. As urbanization progresses and digitalization becomes more prevalent, the market is expected to grow, offering numerous opportunities for businesses and investors.

What will be the Size of the Foreign Exchange Market During the Forecast Period?

Request Free Sample

The market, also known as the forex or FX market, is a decentralized global market for the trading of currencies. It facilitates the conversion of one currency into another for various reasons, including international trade, tourism, hedging, speculation, and investment. Participants in this market include financial institutions, non-financial customers, individuals, retailers, corporate institutes, and central banks. Currencies are traded 24 hours a day, five days a week, due to the presence of multiple time zones and the interbank network.
Currency swaps, interest rate differentials, monetary interventions, economic indicators, political developments, and investment flows are some of the key drivers influencing the market. International trade, balance of payments, and economic instability in various countries also significantly impact currency values. Speculation and hedging activities, particularly by corporations and financial institutions, contribute to the volatility of currency rates. The market is increasingly leveraging artificial intelligence and Internet of Things technologies to optimize trading strategies, with mutual funds utilizing these advancements to enhance portfolio performance and manage currency risk more efficiently. The forex market plays a crucial role in facilitating international business transactions and managing risks associated with currency fluctuations.

How is this Foreign Exchange Industry segmented and which is the largest segment?

The 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.TypeReporting dealersFinancial institutionsNon-financial customersTrade Finance InstrumentsCurrency swapsOutright forward and FX swapsFX optionsCounterpartyReporting DealersOther Financial InstitutionsNon-Financial CustomersGeographyNorth AmericaCanadaUSEuropeGermanyUKAPACChinaIndiaJapanSouth AmericaBrazilMiddle East and Africa

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period. The market, also known as Forex or FX, is a global financial market where participants buy, sell, and exchange currencies. This market involves various market participants, including financial institutions, non-financial customers, and corporations. Currency swaps, individuals, retailers, corporates, hedge funds, wealth managers, and foreign exchange services are among the key players. The markets facilitate international trade and investment flows, with economic indicators, political developments, inflationary pressures, and interest rate differentials influencing currency values. Monetary interventions, speculation, and risk appetite are also significant factors.
Modern technology and electronic platforms have increased efficiency and accessibility, enabling 24-hour operation. Currency exchange services, monetary policies, and regulations, including those by central banks, impact the market. Economic events, financial crises, and strategic corporate activities can cause volatility. Hedging strategies, accessible platforms, and personal finance considerations are essential for individual investors, small businesses, and multinational corporations dealing with major currency pairs. Online trading platforms and trade balances are crucial for managing currency risks in an increasingly globalized business environment.

Get a glance at the market report of share of various segments Request Free Sample

The Reporting dealers segment was valued at USD 278.60 billion in 2019 and showed a gradual increase during the forecast period.

Currency pairs are the foundation of forex trading, with spot trading being one of the most common methods of buying and selling currencies. Forward contracts and swap deals offer traders the ability to lock in exchange rates for future transactions, managing ris

Prices for CADPHP Canadian Dollar Philippine Peso including live quotes, historical charts and news. CADPHP Canadian Dollar Philippine Peso was last updated by Trading Economics this March 26 of 2025.

Thailand Forex: Thai Baht to Canadian Dollar: Sell data was reported at 25.242 THB/CAD in Nov 2018. This records a decrease from the previous number of 25.472 THB/CAD for Oct 2018. Thailand Forex: Thai Baht to Canadian Dollar: Sell data is updated monthly, averaging 29.791 THB/CAD from Jan 1999 (Median) to Nov 2018, with 239 observations. The data reached an all-time high of 35.577 THB/CAD in Dec 2005 and a record low of 24.242 THB/CAD in Jan 1999. Thailand Forex: Thai Baht to Canadian Dollar: Sell 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.

Prices for CADGBP Canadian Dollar British Pound Sterling including live quotes, historical charts and news. CADGBP Canadian Dollar British Pound Sterling was last updated by Trading Economics this March 27 of 2025.

This forecast statistic shows the operating revenue of tax preparation services in Canada from 2008 to 2013, with forecasts up until 2020. By 2016, operating revenues of tax preparation services in Canada are projected to reach approximately 19.55 billion U.S. dollars.Figures include accounting, bookkeeping and payroll services.

This forecast statistic shows the operating revenue of engineering services in Canada from 2008 to 2013, with forecasts up until 2020. By 2016, operating revenues of engineering services in Canada are projected to reach approximately 39.03 billion U.S. dollars.

A tabular presentation of private sector exchange rate forecasts, includes 2013 and 2014 average annual exchange rate by financial institution, for conversion of United States cents to Canadian dollars, as of May 23,2013

Prices for ZARCAD South African Rand Canadian Dollar including live quotes, historical charts and news. ZARCAD South African Rand Canadian Dollar was last updated by Trading Economics this March 27 of 2025.