It’s known locally as a buck or greenback. With RBC Online Banking and the RBC Mobile app, you can exchange and move money instantly and for free1 between your RBC Canadian and U.S. accounts, 24/7. The currencies could not be switched, the conversion is not offered by RBC.
The currency code for Canadian Dollars is CAD. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. Heading to the U.S. and need to exchange your Canadian dollars? Or have extra USD on hand and want to convert it back?
We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. This information is made available for informational purposes activtrades broker only. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice.
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USDCAD Overview
The international symbol for the currency is USD. You can send a variety of international currencies to multiple countries reliably, quickly, and safely, and at a rate cheaper than most banks. Our currency rankings show that the most popular Canadian Dollar exchange rate is the CAD to USD rate.
U.S. dollars may also be accepted outside of the U.S. including in Vietnam, Costa Rica, Peru and certain parts of Mexico. All market data (will open in new tab) is provided by Barchart Solutions.
USD/CAD further reading
Once you know that information, multiply the amount you have in CAD by the current exchange rate. The resulting number will show you the amount of U.S. dollars that you have to spend on your trip (however, be aware that this calculation doesn’t factor in any fees). This post has everything you need to know about converting CAD to USD, activtrades review including where to secure the best exchange rates and how to avoid paying high fees on your conversion. These are the average exchange rates of these two currencies for the last 30 and 90 days. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.
- The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs.
- These are the highest points the exchange rate has been at in the last 30 and 90-day periods.
- Or have extra USD on hand and want to convert it back?
- The currency code for Canadian Dollars is CAD.
DailyFX Limited is not responsible for any trading decisions taken by persons not intended to view this material. The other option is to do the calculation manually bitmex review using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate. At the time of writing, $1 CAD is worth $0.76 USD.
Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout. If you’re planning a trip to the U.S. in the near future, you may want to exchange some of your money into dollars, the country’s official currency.
USD – US Dollar
For exchange delays and terms of use, please read disclaimer (will open in new tab). Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. The U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity.
Xe Currency Data API
This quick and easy Foreign Exchange tool shows you what your currency is worth today, so you can know the value of the funds you have. These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. These are the highest points the exchange rate has been at in the last 30 and 90-day periods. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading bias. The dollar has been the currency of Canada since 1858.
A number of central banks keep Canadian dollars as a reserve currency. It’s known locally as a buck or a loonie, with the two-dollar coin known as a toonie. Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice.
Conversion Table
Live tracking and notifications + flexible delivery and payment options. Check live rates, send money securely, set rate alerts, receive notifications and more. Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.