American Dollar to Canadian Dollar: Live USD to CAD Rate

The USD/CAD exchange rate stood at 1.3678 on April 28, 2026, meaning one US dollar buys roughly 1.37 Canadian dollars — a rate that makes cross-border shopping meaningfully cheaper for Americans than it was a year ago, when CAD was 3.25% weaker. This practical guide translates live rates into the conversions you actually need.

Current Mid-Market Rate: 1 USD = 1.3636 CAD · 1-Day Change: +0.16% · 6-Month Change: -2.23% · Top Converter Source: XE.com · Historical Chart Available: Up to 5 years

The table below tracks key USD/CAD rates from recent months back to the 2002 record, drawing from OFX, Wise, and official Bank of Canada records.

How much is $100 US in Canada?

The straightforward answer: at the current mid-market rate of approximately 1.3636 CAD per USD, $100 US converts to roughly $136.36 Canadian. But that figure assumes you’re getting the wholesale interbank rate — the midpoint between what banks pay and what they charge.

When you actually exchange currency, whether at a bank, currency exchange kiosk, or airport booth, you’ll receive a rate that builds in a spread. The mid-market rate, also called the interbank rate, exists only theoretically for retail customers. Financial platforms like Wise (a fintech offering transparent fees) and XE (a specialized currency data provider) typically offer rates much closer to this mid-market benchmark.

Current conversion rate

As of April 28, 2026, multiple sources report USD/CAD hovering around 1.366–1.368. Trading Economics recorded 1.3678, while XE’s live chart showed 1.36646 at 10:52 UTC. Investing.com reported the previous close at 1.3628.

The variance of 0.1% across platforms reflects minor timing differences and slight spread markups. For practical planning, 1.3678 serves as a reliable current benchmark. Using this rate: $100 USD × 1.3678 = $136.78 CAD.

Factors affecting the rate

The USD/CAD pair responds to several interconnected forces. Interest rate differentials between the US Federal Reserve and the Bank of Canada directly influence demand for each currency. Trade balances between the two nations, particularly energy exports and manufacturing goods, shift the fundamental value of the Canadian dollar. Oil prices deserve special attention since Canada is a major petroleum exporter — when crude rises, CAD often strengthens.

The Bank of Canada publishes official daily average exchange rates by 16:30 ET each business day, expressed as foreign currency units converted to Canadian dollars. These rates serve as the authoritative benchmark for institutions and form the backbone of historical records going back decades.

Is the US dollar strong in Canada right now?

Strength is relative. Against the Canadian dollar, the US dollar remains robust in absolute terms — one USD still buys more than one CAD. But context matters enormously. Compared to March 2026, when USD/CAD hit 1.4114, the dollar has weakened considerably. The 6-month decline of approximately 3.1% from that November peak tells a different story than a simple look at today’s rate.

Over the past month as of late April 2026, the Canadian dollar strengthened 1.77% against its US counterpart, according to Trading Economics. This means someone converting USD to CAD receives fewer Canadian dollars today than they would have a month ago, making cross-border purchases from Canada more expensive for US buyers.

Recent performance vs CAD

The 6-month performance picture reveals significant volatility. The pair traded in a range spanning 1.3491 to 1.4114, a spread of over 4.6%. The January 30, 2026 low of 1.3491 represented the weakest USD/CAD reading in six months — meaning CAD was at its strongest versus USD during that period. By late April 2026, the rate had recovered somewhat but remained below the November peak.

The average USD/CAD over the past six months stood at approximately 1.380277, according to OFX (a money transfer service with access to 20+ years of historical data). The current rate of 1.3678 sits below this average, indicating USD has weakened relative to the recent norm.

1-day and 6-month changes

Looking at shorter timeframes: the 1-day change shows modest movement. TradingView reported a 0.06% increase in the past 24 hours as of April 28, 2026. This intraday stability contrasts with longer-term shifts that matter more for planning purposes.

The 6-month story is clearer: USD has declined approximately 2.23% from its recent high. Investors and travelers exchanging significant amounts should factor this directional trend into their timing decisions. The Canadian dollar’s trajectory over the past year — up 3.25% overall — suggests structural strengthening that may persist if energy prices remain elevated and the Bank of Canada maintains its current stance.

US dollar to Canadian dollars Exchange Rate History – Wise

Wise (a global fintech specializing in mid-market rate transparency) offers one of the most accessible historical charts for USD/CAD, covering up to 5 years of data. Unlike traditional banks that hide spreads behind opaque fees, Wise displays the true interbank rate alongside its own transparent pricing.

The platform shows that USD/CAD has oscillated between roughly 1.34 and 1.42 over the past several years, with notable peaks during periods of US economic strength and Federal Reserve rate hikes. The current range of 1.35–1.37 reflects a relative CAD recovery compared to the 2022–2023 period when the dollar reached higher levels.

Chart overview

Wise’s interactive chart allows users to select specific date ranges, overlay comparison periods, and visualize percentage changes. The tool plots daily closing rates sourced from institutional feeds, providing a reliable reference for anyone tracking performance or planning conversions around specific dates.

Key observations from the historical data: USD/CAD crossed above 1.41 in late 2025, retreated below 1.35 in late January 2026, and has since stabilized in the 1.36–1.37 band. These swings of 5–7% within single calendar years are typical for this currency pair, reflecting the interconnected North American economic relationship.

Key trends up to 5 years

Over a 5-year horizon, USD/CAD has generally trended downward from pandemic-era peaks. The pair reached multi-year highs above 1.42 in 2022 as the US Federal Reserve aggressively raised interest rates. As Canadian monetary policy followed similar trajectories, the differential narrowed, pushing rates back toward historical norms.

The all-time record for USD/CAD stands at 1.62, recorded in January 2002, according to Trading Economics. At that point, CAD had fallen to its all-time low against USD of $0.6179 (or equivalently, 1 USD bought 1.6185 CAD), documented in official Bank of Canada records. The contrast between those historical extremes and today’s 1.36–1.37 range illustrates how dramatically currency relationships can shift over decades.

How much is $1 US in Canadian today?

At the current mid-market rate of approximately 1.3636 CAD per USD, one US dollar buys about 1.36 Canadian dollars. But the precise figure depends on timing: Trading Economics reported 1.3678 as of April 28, 2026, while XE showed 1.36646 at 10:52 UTC. Investing.com recorded the previous close at 1.3628.

These minor variations across platforms reflect market fluidity — exchange rates trade around the clock, and different data providers capture moments microseconds apart. For practical conversion purposes, rounding to 1.367 or 1.368 CAD per USD provides sufficient accuracy for most transactions.

Live rate details

The USD/CAD pair trades actively on global forex markets, with continuous pricing from Sunday evening through Friday afternoon Eastern Time. Major platforms like TradingView display real-time quotes updated second-by-second, showing bid/ask spreads that typically narrow to a fraction of a cent during peak market hours.

For retail customers converting smaller amounts, these intraday fluctuations rarely matter as much as the underlying trend. Someone exchanging $1,000 USD should care far more about whether they’re converting at 1.41 versus 1.35 than about whether they caught the exact morning high versus afternoon low.

Mid-market explanation

The mid-market rate represents the theoretical midpoint between the buy price (what a dealer pays for your currency) and the sell price (what they charge to give you currency). It’s the rate banks use when trading with each other and the rate that financial technology platforms like Wise claim to pass through without markup.

In practice, retail customers rarely access true mid-market rates. Banks and currency exchange services build profit margins into their quoted rates — sometimes 1–3% for physical locations. Revolut (a mobile banking platform) offered rates around 1.40120 in recent reports, reflecting a smaller spread than traditional providers.

How much will $1000 US cost me in Canadian?

At the April 28, 2026 rate of 1.3678, $1,000 US converts to approximately $1,367.80 CAD. This simple multiplication masks important nuances around how and where you actually exchange the money. The rate you see on a chart differs from the rate you’ll receive at most retail locations.

Working backward from the base rate, common amounts convert as follows: $20 USD ≈ $27.36 CAD, $50 USD ≈ $68.39 CAD, and $100 USD ≈ $136.78 CAD. These calculations use the current interbank reference rate — actual conversions will vary.

$1000 USD equivalent

For $1,000 USD, the gross conversion yields $1,367.80 CAD using the 1.3678 rate. After typical bank spreads of 1–2%, you’d receive approximately $1,354–1,355 CAD. Fintech platforms often deliver $1,360–1,365 CAD, capturing less of the margin as profit.

The difference between receiving $1,367.80 CAD (mid-market theoretical) and $1,354 CAD (bank retail rate) represents $13.80 CAD in lost purchasing power — a meaningful sum for anyone regularly transferring significant amounts across the border.

Other popular amounts: $20, $50, $100

Quick reference for common conversions at the 1.3678 rate:

• $20 USD → $27.36 CAD
• $50 USD → $68.39 CAD
• $100 USD → $136.78 CAD
• $500 USD → $683.90 CAD
• $1,000 USD → $1,367.80 CAD

These figures assume mid-market rates unavailable to retail customers. When exchanging at a bank, subtract approximately 1–1.5% to estimate what you’ll actually receive. When using platforms like Wise or Revolut, subtract only their transparent fee — typically 0.5% or less.