The USD/CAD exchange rate rose to 1.3753 on August 8, 2025, up 0.15% from the previous session. Over the past month, the Canadian Dollar has weakened 0.49%, and is down by 0.18% over the last 12 months. Canadian Dollar - values, historical data, forecasts and news - updated on August of 2025.

Graph and download economic data for Canadian Dollars to U.S. Dollar Spot Exchange Rate (DEXCAUS) from 1971-01-04 to 2025-08-01 about Canada, exchange rate, currency, rate, and USA.

Canada CA: Purchasing Power Parity: National Currency per USD data was reported at 1.178 USD/CAD in Dec 2026. This records a decrease from the previous number of 1.178 USD/CAD for Sep 2026. Canada CA: Purchasing Power Parity: National Currency per USD data is updated quarterly, averaging 1.193 USD/CAD from Mar 1961 (Median) to Dec 2026, with 264 observations. The data reached an all-time high of 1.254 USD/CAD in Sep 2015 and a record low of 0.878 USD/CAD in Mar 1962. Canada CA: Purchasing Power Parity: National Currency per USD 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. PPP - Purchasing power parity, national currency per USD

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 August 9 of 2025.

Canada CA: Exchange Rate: National Currency per USD: Single 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: Single 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: Single 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

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.

• 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.

Money Supply M0 in Canada decreased to 220343 CAD Million in May from 226781 CAD Million in April of 2025. This dataset provides - Canada Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 picked up substantially since mid-2022. By August 6, 2025, one U.S. dollar could buy roughly 1.38 Canadian dollars.

Canada Foreign Exchange Rate: Daily Average: European Euro data was reported at 1.569 EUR/CAD in Apr 2025. This records an increase from the previous number of 1.553 EUR/CAD for Mar 2025. Canada Foreign Exchange Rate: Daily Average: European Euro data is updated monthly, averaging 1.482 EUR/CAD from Jan 2017 (Median) to Apr 2025, with 100 observations. The data reached an all-time high of 1.595 EUR/CAD in Mar 2018 and a record low of 1.308 EUR/CAD in Aug 2022. Canada Foreign Exchange Rate: Daily Average: European Euro data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.M014: Foreign Exchange Rate.

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 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.
Request Free Sample

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,

The average Canadian house price declined slightly in 2023, after four years of consecutive growth. The average house price stood at ******* Canadian dollars in 2023 and was forecast to reach ******* 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 ******* units sold, the annual number of home sales in the country is expected to rise to ******* 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.

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.

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

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

The value of the Canadian apparel market was estimated to be worth approximately ** billion Canadian dollars in 2023. This figure is estimated to increase to around **** 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 *** retail outlets. This was almost ** stores more than second-placed Ardene. Reitmans made up the top three chains, with *** 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 *** percent share. Winners is owned by TJX companies, which has discount clothing stores around the world. Walmart accounted for *** percent of the Canadian apparel market that year. Trade In 2022, Canada imported far more apparel than it exported. Total imports came to roughly **** billion Canadian dollars. The largest category of imports was women's and girls' clothing, which was worth roughly *** billion dollars. Men's and boys' clothing imports were worth over * billion Canadian dollars. In comparison, Canada exported approximately *** million dollars' worth of men's and boys' clothing, and *** million dollars; worth of women's and girls' clothing.

Canada Foreign Exchange Rate: Daily Average: Hong Kong Dollar data was reported at 0.180 HKD/CAD in Apr 2025. This records a decrease from the previous number of 0.185 HKD/CAD for Mar 2025. Canada Foreign Exchange Rate: Daily Average: Hong Kong Dollar data is updated monthly, averaging 0.170 HKD/CAD from Jan 2017 (Median) to Apr 2025, with 100 observations. The data reached an all-time high of 0.185 HKD/CAD in Jan 2025 and a record low of 0.156 HKD/CAD in May 2021. Canada Foreign Exchange Rate: Daily Average: Hong Kong Dollar data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.M014: Foreign Exchange Rate.

The benchmark interest rate in Canada was last recorded at 2.75 percent. This dataset provides - Canada Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows the average inflation rate in Canada from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year. For comparison, inflation in India amounted to 5.56 percent that same year. Inflation in Canada In general, the inflation rate in Canada follows a global trend of decreasing inflation rates since 2011, with the lowest slump expected to occur during 2015, but forecasts show an increase over the following few years. Additionally, Canada's inflation rate is in quite good shape compared to the rest of the world. While oil and gas prices have dropped in Canada much like they have around the world, food and housing prices in Canada have been increasing. This has helped to offset some of the impact of dropping oil and gas prices and the effect this has had on Canada´s inflation rate. The annual consumer price index of food and non-alcoholic beverages in Canada has been steadily increasing over the last decade. The same is true for housing and other price indexes for the country. In general there is some confidence that the inflation rate will not stay this low for long, it is expected to return to a comfortable 2 percent by 2017 if estimates are correct.