The USD/CAD exchange rate rose to 1.4202 on July 3, 2026, up 0.14% from the previous session. Over the past month, the Canadian Dollar has weakened 2.11%, and is down by 4.51% over the last 12 months.

Historically, the USDCAD reached an all time high of 1.62 in January of 2002. Canadian Dollar - data, forecasts, historical chart - was last updated on July 3 of 2026.

The Canadian Dollar is expected to trade at 1.41 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.40 in 12 months time.



Crosses Price Day Year Date
USDCAD 1.4202 0.0020 0.14% 4.51% Jul/03
EURCAD 1.6257 0.0046 0.28% 1.60% Jul/03
GBPCAD 1.8969 0.0044 0.23% 2.96% Jul/03
AUDCAD 0.9852 0.0036 0.36% 10.77% Jul/03
NZDCAD 0.8109 0.0028 0.35% -1.43% Jul/03
CADJPY 113.4720 -0.1280 -0.11% 6.78% Jul/03
CADCNY 4.7758 -0.0112 -0.23% -9.40% Jul/03
CADCHF 0.5655 -0.0012 -0.21% -2.99% Jul/03
CADARS 1,048.6292 -1.2862 -0.12% 14.77% Jul/03
CADBRL 3.6714 -0.0105 -0.28% -7.87% Jul/03
CADCZK 14.8790 -0.0439 -0.29% -3.26% Jul/03
CADDKK 4.5976 -0.0127 -0.27% -1.34% Jul/03
CADHUF 217.1621 -1.4841 -0.68% -12.75% Jul/03
CADIDR 12,649.8489 -13.3862 -0.11% 6.20% Jul/03
CADINR 67.0864 -0.2386 -0.35% 6.36% Jul/03
CADKRW 1,078.5039 -7.4572 -0.69% 7.57% Jul/03
CADMXN 12.2860 -0.0283 -0.23% -10.36% Jul/03
CADMYR 2.8670 -0.0099 -0.34% -7.69% Jul/03
CADRUB 54.4463 -0.2004 -0.37% -6.04% Jul/03
 Currencies
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Related Last Previous Unit Reference
Canada Inflation Rate 3.20 2.80 percent May 2026
United States Inflation Rate 4.20 3.80 percent May 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026
Canada Interest Rate 2.25 2.25 percent Jun 2026
United States Unemployment Rate 4.20 4.30 percent Jun 2026
Canada Unemployment Rate 6.60 6.90 percent May 2026

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
1.42 1.42 1.62 0.91 1971 - 2026 Daily

News Stream
Canadian Dollar Weakens to 1-Year Low
The Canadian dollar sank to a one-year low of 1.42 per USD in late June tracking other G10 currencies as the outlook of a hawkish Fed supported the US dollar. Multiple FOMC members projected more than one rate hike this year as US inflation picks up. Meanwhile, core inflation rates tracked by the Bank of Canada remained near their 2% target in May despite the surge in energy prices during the period, aligning with the central bank's earlier signal that the war in Iran may only have transitionary effects on headline price growth. The Bank of Canada kept its key interest rate unchanged at 2.25% at its latest meeting, and signaled that it sees risks on both sides of its inflation and employment mandate amid the uncertain economic backdrop.
2026-06-24
Canadian Dollar Hits 14-month Low
The Canadian Dollar touched 1.41 against the USD, the lowest since April 2025. Over the past 4 weeks, US Dollar Canadian Dollar gained 2.88%, and in the last 12 months, it increased 3.22%.
2026-06-18
Canadian Dollar Hits 7-Month Low
The Canadian dollar weakened to around 1.41 per USD following the Fed's latest policy decision, hovering near a seven-month low. As widely expected, the Federal Reserve left interest rates unchanged. However, its projections were viewed as more hawkish than anticipated, with roughly half of FOMC members expecting at least one rate hike this year. Meanwhile, the BoC kept its key interest rate unchanged at 2.25% at its latest meeting. The central bank said uncertainty remains elevated amid conflict in the Middle East and US tariff proposals, but reiterated that it stands ready to act if needed and will not allow high energy prices to trigger persistent inflation. Investors largely expect the BoC to raise borrowing costs by 25 basis points in December.
2026-06-17