The USD/CAD exchange rate rose to 1.3830 on September 23, 2025, up 0.03% from the previous session. Over the past month, the Canadian Dollar has strengthened 0.21%, but it's down by 3.05% over the last 12 months. Canadian Dollar - values, historical data, forecasts and news - updated on September of 2025.

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 USDCAD US Dollar Canadian Dollar including live quotes, historical charts and news. USDCAD US Dollar Canadian Dollar was last updated by Trading Economics this September 22 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

Graph and download economic data for Canadian Dollars to U.S. Dollar Spot Exchange Rate (DEXCAUS) from 1971-01-04 to 2025-09-12 about Canada, exchange rate, currency, rate, and USA.

Canadian Dollar Trinidad & Tobago Dollar traded at 4.97348 this Thursday December 15th, decreasing 0.00910 or 0.18 percent since the previous trading session. Looking back, over the last four weeks, CADTTD lost 2.26 percent. Over the last 12 months, its price fell by 5.58 percent. Looking ahead, we forecast Canadian Dollar Trinidad & Tobago Dollar to be priced at 4.90157 by the end of this quarter and at 4.78349 in one year, according to Trading Economics global macro models projections and analysts expectations.

This dataset contains the predicted prices of Celo Canadian Dollar for the upcoming years based on user-defined projections.

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.

Snapshot img

Foreign Exchange Market Size 2025-2029

The foreign exchange market size is valued to increase by USD 582 billion, at a CAGR of 10.6% from 2024 to 2029. Growing urbanization and digitalization will drive the foreign exchange market.

Major Market Trends & Insights

Europe dominated the market and accounted for a 47% growth during the forecast period.
By Type - Reporting dealers segment was valued at USD 278.60 billion in 2023
By Trade Finance Instruments - Currency swaps segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 118.14 billion
Market Future Opportunities: USD 582.00 billion
CAGR from 2024 to 2029 : 10.6%

Market Summary

The market, a dynamic and intricate web of financial transactions, plays a pivotal role in facilitating global trade and economic interactions. Its primary function is to enable the conversion of one currency into another, thereby mitigating the risk of currency fluctuations for businesses and investors. Key drivers of this market include growing urbanization and digitalization, which have expanded trading opportunities to a 24x7 global economy. However, the uncertainty of future exchange rates poses a significant challenge, necessitating effective risk management strategies. The market's evolution reflects the increasing interconnectedness of the global economy. Transactions occur in a decentralized, over-the-counter system, with major trading centers in London, New York, and Tokyo.
Participants include commercial banks, investment banks, hedge funds, and individual investors, all seeking to capitalize on price differences between currencies. Trends shaping the market include the increasing use of automation and artificial intelligence to analyze market data and execute trades. Regulatory changes, such as the introduction of stricter capital requirements, also impact the market's functioning. Looking ahead, the market is expected to remain a vital component of the global financial landscape, with continued growth driven by increased trade and economic interdependence. However, challenges, such as regulatory changes and geopolitical risks, will necessitate adaptability and innovation from market participants.

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

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Foreign Exchange Market 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, a dynamic and ever-evolving financial landscape, is characterized by constant activity and intricate patterns. Participants engage in various trading strategies, employing advanced tools such as stop-loss and take-profit orders on forex trading platforms. Real-time data feeds and order book dynamics facilitate trade execution speed, while market microstructure and slippage minimization techniques ensure efficient transactions. Currency correlation analysis and transaction cost analysis are integral to informed decision-making, with backtesting methodologies providing valuable insights. Currency forwards contracts, position sizing techniques, and forex derivatives pricing are essential components of risk management systems. Carry trade strategies, hedging strategies, and interest rate parity are popular tactics employed by market participants.

Algorithmic trading strategies, driven by options pricing models and trading algorithms' efficiency, significantly influence price discovery mechanisms. High-frequency trading and volatility modeling contribute to the market's liquidity risk management, while foreign exchange swaps and currency option valuation help manage risk. The market's complexities necessitate sophisticated risk management systems and intricate order routing optimization. Global payments systems facilitate the smooth transfer of funds, and liquidity risk management remains a critical concern for market participants. According to recent studies, The market is estimated to account for approximately USD6 trillion in daily trading volume, und

The benchmark interest rate in Canada was last recorded at 2.50 percent. This dataset provides - Canada Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Canada decreased to 211370 CAD Million in July from 214637 CAD Million in June of 2025. This dataset provides - Canada Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Prices for CADJPY Canadian Dollar Japanese Yen including live quotes, historical charts and news. CADJPY Canadian Dollar Japanese Yen was last updated by Trading Economics this September 23 of 2025.

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.

Surinamese Dollar Canadian Dollar traded at 0.0437557 this Thursday December 15th, increasing 0.0004298 or 0.99 percent since the previous trading session. Looking back, over the last four weeks, SRDCAD gained 0.03 percent. Over the last 12 months, its price fell by 26.87 percent. Looking ahead, we forecast Surinamese Dollar Canadian Dollar to be priced at 0.0430708 by the end of this quarter and at 0.0412158 in one year, according to Trading Economics global macro models projections and analysts expectations.

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

Canada CA: Exchange Rate: National Currency per USD data was reported at 1.403 USD/CAD in Dec 2026. This stayed constant from the previous number of 1.403 USD/CAD for Sep 2026. Canada CA: Exchange Rate: National Currency per USD data is updated quarterly, averaging 1.194 USD/CAD from Mar 1960 (Median) to Dec 2026, with 268 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 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

Canada CA: Exchange Rate: USD per National Currency: Single Hit Scenario data was reported at 0.710 CAD/USD in Dec 2021. This stayed constant from the previous number of 0.710 CAD/USD for Sep 2021. Canada CA: Exchange Rate: USD per National Currency: Single Hit Scenario data is updated quarterly, averaging 0.850 CAD/USD from Mar 1960 (Median) to Dec 2021, with 248 observations. The data reached an all-time high of 1.050 CAD/USD in Mar 1960 and a record low of 0.627 CAD/USD in Mar 2002. Canada CA: Exchange Rate: USD per National Currency: 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. EXCH - Exchange rate, USD per national currency (1/EXCHUD)

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