The USD/CAD exchange rate rose to 1.3700 on June 9, 2025, up 0.03% from the previous session. Over the past month, the Canadian Dollar has strengthened 1.96%, and is up by 0.44% over the last 12 months. Canadian Dollar - values, historical data, forecasts and news - updated on June of 2025.

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 June 9 of 2025.

Canada Foreign Exchange Rate: Daily Average: US Dollar data was reported at 1.399 USD/CAD in Apr 2025. This records a decrease from the previous number of 1.436 USD/CAD for Mar 2025. Canada Foreign Exchange Rate: Daily Average: US Dollar data is updated monthly, averaging 1.323 USD/CAD from Jan 2017 (Median) to Apr 2025, with 100 observations. The data reached an all-time high of 1.439 USD/CAD in Jan 2025 and a record low of 1.213 USD/CAD in May 2021. Canada Foreign Exchange Rate: Daily Average: US 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.

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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

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 Official Exchange Rate: Period Average: Local Currency to USD data was reported at 1.417 USD/CAD in 2025. This records an increase from the previous number of 1.370 USD/CAD for 2024. Canada Official Exchange Rate: Period Average: Local Currency to USD data is updated yearly, averaging 1.298 USD/CAD from Dec 1987 (Median) to 2025, with 39 observations. The data reached an all-time high of 1.570 USD/CAD in 2002 and a record low of 0.989 USD/CAD in 2011. Canada Official Exchange Rate: Period Average: Local Currency to USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.GEM: Foreign Exchange Rates: Annual. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).

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

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 ...).

Canada CA: DEC Alternative Conversion Factor: per USD data was reported at 1.350 USD/CAD in 2023. This records an increase from the previous number of 1.302 USD/CAD for 2022. Canada CA: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 1.178 USD/CAD from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1.569 USD/CAD in 2002 and a record low of 0.970 USD/CAD in 1960. Canada CA: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.;International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.;;In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.

Canada CA: Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD: Single Hit Scenario data was reported at 1,630.000 USD bn in Dec 2021. This records an increase from the previous number of 1,620.000 USD bn for Sep 2021. Canada CA: Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD: Single Hit Scenario data is updated quarterly, averaging 876.000 USD bn from Mar 1961 (Median) to Dec 2021, with 244 observations. The data reached an all-time high of 1,690.000 USD bn in Dec 2019 and a record low of 277.000 USD bn in Mar 1961. Canada CA: Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: 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: GDP by Expenditure: Volume: Forecast: OECD Member: Quarterly. GDPV_USD-Gross domestic product, US $, volume, constant exchange rates, EO base yearExpenditure approach OECD calculation, see OECD Economic Outlook, Database Inventory OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf

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 CA: Official Rate: Period Average: USD per National Currency data was reported at 0.771 USD/CAD in 2017. This records an increase from the previous number of 0.754 USD/CAD for 2016. Canada CA: Official Rate: Period Average: USD per National Currency data is updated yearly, averaging 0.911 USD/CAD from Dec 1950 (Median) to 2017, with 68 observations. The data reached an all-time high of 1.043 USD/CAD in 1957 and a record low of 0.637 USD/CAD in 2002. Canada CA: Official Rate: Period Average: USD per National Currency data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.IFS: Foreign Exchange Rates: Annual.

Canada CA: Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD: Double Hit Scenario data was reported at 1,580.000 USD bn in Dec 2021. This records an increase from the previous number of 1,560.000 USD bn for Sep 2021. Canada CA: Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD: Double Hit Scenario data is updated quarterly, averaging 876.000 USD bn from Mar 1961 (Median) to Dec 2021, with 244 observations. The data reached an all-time high of 1,690.000 USD bn in Dec 2019 and a record low of 277.000 USD bn in Mar 1961. Canada CA: Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: 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: GDP by Expenditure: Volume: Forecast: OECD Member: Quarterly. GDPV_USD-Gross domestic product, US $, volume, constant exchange rates, EO base yearExpenditure approach OECD calculation, see OECD Economic Outlook, Database Inventory OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf

汇率：USD to Local Currency：二次冲击在12-01-2021达1.409USD/CAD，相较于09-01-2021的1.409USD/CAD保持不变。汇率：USD to Local Currency：二次冲击数据按季更新，03-01-1960至12-01-2021期间平均值为1.176USD/CAD，共248份观测结果。该数据的历史最高值出现于03-01-2002，达1.594USD/CAD，而历史最低值则出现于03-01-1960，为0.952USD/CAD。CEIC提供的汇率：USD to Local Currency：二次冲击数据处于定期更新的状态，数据来源于Organisation for Economic Co-operation and Development，数据归类于全球数据库的加拿大 – Table CA.OECD.EO: Exchange Rate: Forecast: OECD Member: Quarterly。

CAD Simulation Software Market Outlook

The CAD Simulation Software market size is projected to grow from USD 1.5 billion in 2023 to USD 3.2 billion by 2032, reflecting a CAGR of 8.5%. This robust growth is driven by increasing demand for advanced design and simulation tools across various industries, coupled with advancements in technology and growing adoption of cloud-based solutions.

One of the primary growth factors of the CAD simulation software market is the increasing complexity and precision required in modern design and manufacturing processes. As industries such as automotive, aerospace, and healthcare continue to innovate, the need for sophisticated tools to simulate and test designs before physical prototypes are built becomes ever more critical. This not only reduces costs but also accelerates the time-to-market for new products. Additionally, the integration of AI and machine learning in CAD simulation software is enhancing the capabilities of these tools, making them more efficient and accurate, which is further boosting market growth.

Another significant growth driver is the trend towards digital transformation and smart manufacturing. Companies are increasingly adopting Industry 4.0 principles, which emphasize automation, data exchange, and manufacturing technologies. CAD simulation software plays a crucial role in this transformation by enabling digital twins, which are virtual replicas of physical entities that can be used for simulation, analysis, and control. This ability to create and test digital prototypes helps companies to innovate rapidly and stay competitive in the global market.

The rise of cloud computing is also a notable factor propelling the CAD simulation software market. Cloud-based solutions offer several advantages over traditional on-premises software, including lower upfront costs, scalability, and accessibility from anywhere with an internet connection. This democratizes access to advanced simulation tools, allowing even small and medium-sized enterprises (SMEs) to leverage these technologies. The flexibility and cost-effectiveness of cloud-based CAD simulation software are particularly appealing to startups and companies with limited IT infrastructure.

Regionally, North America holds a significant share of the CAD simulation software market, driven by the presence of major industry players and a high adoption rate of advanced technologies. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period. This growth can be attributed to the rapid industrialization, increasing investments in the automotive and aerospace sectors, and growing adoption of digital technologies in countries like China, Japan, and India. Europe also represents a substantial market due to its strong manufacturing base and focus on innovation.

Component Analysis

The CAD simulation software market by component is segmented into software and services. The software segment is the largest and most significant segment in terms of market share. This is primarily due to the continuous advancements in software capabilities, which allow for more detailed and accurate simulations. Features such as real-time collaboration, enhanced visualization, and improved user interfaces are making CAD simulation software more accessible and user-friendly, thereby driving its adoption across various industries. Additionally, the integration of AI and machine learning is enabling more intelligent simulations, further enhancing the value of CAD software.

Services, on the other hand, play a crucial role in the CAD simulation software market by providing essential support and consultation. These services include software implementation, training, and maintenance, which are vital for ensuring that organizations can effectively utilize their CAD simulation tools. With the increasing complexity of CAD software, the demand for professional services to assist with customization, integration with other systems, and troubleshooting is also rising. Service providers that offer comprehensive support and consulting are increasingly becoming key partners for companies looking to optimize their design and simulation processes.

Moreover, the services segment is experiencing growth due to the increasing trend of outsourcing non-core activities. Companies, especially SMEs, are opting for outsourced services to manage their CAD simulation software, allowing them to focus on their core competencies. This trend is further fueled by the shortage of skilled professionals in the field of CAD simulation, making outso

The USD/DOP exchange rate rose to 59.0600 on June 6, 2025, up 0.09% from the previous session. Over the past month, the Dominican Peso has weakened 0.46%, but it's up by 0.51% over the last 12 months. Dominican Peso - values, historical data, forecasts and news - updated on June of 2025.

汇率：USD to Local Currency在12-01-2026达1.403USD/CAD，相较于09-01-2026的1.403USD/CAD保持不变。汇率：USD to Local Currency数据按季更新，03-01-1960至12-01-2026期间平均值为1.194USD/CAD，共268份观测结果。该数据的历史最高值出现于03-01-2002，达1.594USD/CAD，而历史最低值则出现于03-01-1960，为0.952USD/CAD。CEIC提供的汇率：USD to Local Currency数据处于定期更新的状态，数据来源于Organisation for Economic Co-operation and Development，数据归类于全球数据库的加拿大 – Table CA.OECD.EO: Exchange Rate: Forecast: OECD Member: Quarterly。

购买力平价：USD to Local Currency：二次冲击在12-01-2021达1.208USD/CAD，相较于09-01-2021的1.208USD/CAD保持不变。购买力平价：USD to Local Currency：二次冲击数据按季更新，03-01-1961至12-01-2021期间平均值为1.201USD/CAD，共244份观测结果。该数据的历史最高值出现于09-01-2015，达1.254USD/CAD，而历史最低值则出现于03-01-1962，为0.868USD/CAD。CEIC提供的购买力平价：USD to Local Currency：二次冲击数据处于定期更新的状态，数据来源于Organisation for Economic Co-operation and Development，数据归类于全球数据库的加拿大 – Table CA.OECD.EO: Exchange Rate: Forecast: OECD Member: Quarterly。

China Foreign Exchange Turnover: Currency Pair: Derivatives: USD/CAD data was reported at 10.072 USD bn in Apr 2025. This records an increase from the previous number of 6.076 USD bn for Mar 2025. China Foreign Exchange Turnover: Currency Pair: Derivatives: USD/CAD data is updated monthly, averaging 742.000 USD mn from May 2018 (Median) to Apr 2025, with 84 observations. The data reached an all-time high of 10.072 USD bn in Apr 2025 and a record low of 12.000 USD mn in Aug 2018. China Foreign Exchange Turnover: Currency Pair: Derivatives: USD/CAD data remains active status in CEIC and is reported by China Foreign Exchange Trading Center. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MD: China Foreign Exchange Trading Center (CFETC): Foreign Currency Pair Trading.