The Canadian dollar weakened past the $1.32 mark, a level not seen since November 2020, as lingering concerns about slowing economic growth domestically and in the United States, Canada’s primary trade partner, continued to weigh. The market movement came despite another jumbo interest rate hike from the Bank of Canada, which raised the target for its overnight rate by 75bps to 3.25%, pushing borrowing costs to the highest since 2008. .

Historically, the Canadian Dollar reached an all time high of 1.62 in January of 2002. Canadian Dollar - data, forecasts, historical chart - was last updated on September of 2022.

The Canadian Dollar is expected to trade at 1.33 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.38 in 12 months time.

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Canadian Dollar


Majors Price Day Year
EURUSD 1.0046 0.0037 0.36% -14.94%
GBPUSD 1.1588 0.0068 0.59% -16.22%
AUDUSD 0.6837 0.0074 1.09% -7.01%
NZDUSD 0.6113 0.0060 0.99% -14.03%
USDJPY 142.5560 -1.2640 -0.88% 29.71%
USDCNY 6.9362 -0.0247 -0.35% 7.65%
USDCHF 0.9599 -0.0111 -1.14% 4.55%
USDCAD 1.3026 -0.0065 -0.50% 2.74%
USDMXN 19.8760 -0.0770 -0.39% -0.08%
USDINR 79.6350 -0.0320 -0.04% 8.32%
USDBRL 5.1462 -0.0679 -1.30% -1.89%
USDRUB 60.5000 0 0% -17.33%
USDKRW 1,379.7700 -4.7800 -0.35% 17.91%
DXY 108.9763 -0.7307 -0.67% 17.71%
USDTRY 18.2394 -0.0072 -0.04% 115.72%
USDSEK 10.6301 -0.0737 -0.69% 23.18%
USDPLN 4.6655 -0.0390 -0.83% 21.34%
USDNOK 9.9092 -0.1377 -1.37% 14.36%
USDZAR 17.3025 -0.2032 -1.16% 21.86%
USDDKK 7.4020 -0.0363 -0.49% 17.59%
USDSGD 1.3984 -0.0069 -0.49% 4.22%
USDILS 3.4070 -0.0284 -0.83% 6.41%
USDHKD 7.8483 -0.0009 -0.01% 0.91%
USDCLP 903.9600 22.5600 2.56% 14.70%
USDPKR 229.7500 6.7500 3.03% 36.84%
USDCZK 24.4260 -0.0860 -0.35% 13.91%
USDHUF 394.8600 -1.5200 -0.38% 33.30%
Crosses Price Day Year
USDCAD 1.3026 -0.0065 -0.50% 2.74%
EURCAD 1.3076 -0.0009 -0.07% -12.69%
GBPCAD 1.5080 0.0023 0.15% -14.01%
AUDCAD 0.8906 0.0071 0.80% -4.45%
NZDCAD 0.7947 0.0023 0.29% -11.84%
CADJPY 109.6800 0.1900 0.17% 26.58%
CADCNY 5.3193 0.0042 0.08% 4.68%
CADCHF 0.7369 -0.0036 -0.49% 1.76%
CADARS 107.7993 0.6297 0.59% 39.62%
CADBRL 3.9507 -0.0323 -0.81% -3.75%
CADCZK 18.7517 0.0274 0.15% 10.86%
CADDKK 5.6825 0.0005 0.01% 14.45%
CADHUF 303.1322 0.3440 0.11% 29.74%
CADIDR 11,415.2861 37.2401 0.33% 1.43%
CADINR 61.1354 0.2791 0.46% 5.43%
CADKRW 1,058.4391 0.8040 0.08% 14.58%
CADMXN 15.2587 0.0169 0.11% -2.75%
CADMYR 3.4615 0.0248 0.72% 5.72%
CADRUB 46.4638 0.2489 0.54% -19.51%


Canadian Dollar
The USDCAD spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the CAD. While the USDCAD spot exchange rate is quoted and exchanged in the same day, the USDCAD forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.31 1.62 0.91 1992 - 2022 Daily