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USD/CAD - Live Chart & Exchange Rate

1 USD = 1.4248 CAD

Indicative rate, updated 22 hours ago. Not a live dealing rate - confirm with your broker before trading.

USD/CAD Sentiment Gauge

A live technical-analysis reading for USD/CAD, from Strong Sell to Strong Buy, updated automatically by TradingView. Forex has no reliable, freely-published Fear & Greed Index the way stocks or crypto do, so this momentum-based gauge is shown instead.

USD/CAD tracks the US Dollar against the Canadian Dollar and is one of the most traded currency pairs in the world. Moves are driven mainly by Federal Reserve and Bank of Canada policy, with federal reserve interest-rate policy and oil prices also important.

Rates shown here are indicative only, sourced periodically rather than streamed live. Confirm the exact rate with your bank or broker before converting funds or opening a trade.

USD/CAD Key Statistics

Latest

1.4248

1 Oct 2026

Highest since Mar 2024

1.4437

12 Mar 2025

Lowest since Mar 2024

1.3425

25 Sep 2024

12-month average

1.3884

1.3526 – 1.4248

30 days: +2.90% 90 days: +0.21% 1 year: +2.33%

Over the past year USD/CAD has risen 2.33%, meaning the USD has strengthened against the CAD. In the last 30 days it has moved up 2.90%. Across the last 12 months it traded between 1.3526 and 1.4248. Its highest level in the data window (since March 2024) was 1.4437 on 12 Mar 2025, and its lowest was 1.3425 on 25 Sep 2024.

Based on weekly data from 6 Mar 2024 to 1 Oct 2026. Source: weekly rate snapshots (currency-api). A rising rate means the USD is strengthening against the CAD. Past performance does not predict future results.

What Moves USD/CAD

A pair's price is one currency's value measured against another, so the economy behind each side matters.

US Dollar (USD)

United States · Federal Reserve (Fed) · Free float

The US Dollar is the world's dominant reserve and trading currency. It sits on one side of roughly nine in ten forex trades, and most commodities, including gold and oil, are priced in it.

Major contributors to the economy

  • Services and finance
  • Technology
  • Advanced manufacturing
  • Energy (a leading oil and gas producer)
  • Healthcare and pharmaceuticals
  • Agriculture and defence exports

Key factors

  • Federal Reserve interest-rate policy. Rate decisions, projections and speeches by Fed officials set expectations for US interest rates, the single biggest driver of Dollar value.
  • US inflation and jobs data. CPI/PCE inflation and the monthly Non-Farm Payrolls report shift rate expectations and move the Dollar within minutes.
  • Treasury yields. Higher US bond yields relative to other countries attract capital and lift the Dollar.
  • Safe-haven demand. In global stress the Dollar usually rallies as investors seek safety and liquidity.
  • US fiscal and political developments. Government debt levels, budget standoffs, tariffs and trade policy affect confidence in US assets.

Canadian Dollar (CAD)

Canada · Bank of Canada (BoC) · Free float

The Canadian Dollar (the "loonie") is a commodity currency closely linked to oil prices and to the US economy, Canada's largest trading partner.

Major contributors to the economy

  • Oil and gas
  • Mining
  • Manufacturing and cars
  • Agriculture
  • Financial services

Key factors

  • Oil prices. Canada is a major oil exporter, so rising crude prices usually support the loonie.
  • Bank of Canada policy. Rate decisions relative to the Fed drive USD/CAD.
  • US trade relations. Most Canadian exports go to the US, so tariffs and trade deals matter.

How USD and CAD Interact

The US Dollar is a traditional safe haven. In periods of market stress, investors tend to move money into it, which often pushes it higher against the Canadian Dollar even when local economic data is unchanged.

The Canadian Dollar is a commodity currency, so swings in the prices of its main exports often show up in this pair.

Central-bank policy matters on both sides: the Federal Reserve (Fed) and the Bank of Canada (BoC). When one of them is expected to keep interest rates higher than the other, that currency usually attracts capital and strengthens; a narrowing gap tends to reverse the move.

Markets to Watch

  • US 10-year Treasury yield USD

    Typically rises with the Dollar

  • Gold USD

    Usually moves inversely to the Dollar

  • S&P 500 / risk sentiment USD

    Risk-off episodes tend to boost the Dollar

  • WTI crude oil CAD

    Usually rises with the Canadian Dollar

Events & Data to Follow

  • USD FOMC meetings (8 per year)
  • USD Non-Farm Payrolls (first Friday of the month)
  • USD CPI and PCE inflation
  • USD Fed chair speeches and meeting minutes
  • CAD Bank of Canada rate decisions
  • CAD Canadian jobs report
  • CAD Canadian CPI

Historical Milestones

  1. 2007 CAD

    The loonie rose above parity with the US Dollar for the first time in over 30 years during the commodity boom.

  2. 2008 USD

    The global financial crisis triggered a surge in safe-haven Dollar demand.

  3. 2014-15 USD

    The Fed signalled tighter policy while other central banks eased, driving a powerful Dollar rally.

  4. 2014-16 CAD

    The oil price collapse pushed the Canadian Dollar sharply lower.

  5. 2020 USD

    In March 2020 a global "dash for Dollars" sent the currency sharply higher before the Fed flooded markets with liquidity.

  6. 2022 USD

    The fastest Fed hiking cycle in decades pushed the Dollar to a roughly 20-year high, including parity with the Euro.

Why USD/CAD Matters to Tanzanian Traders

Most Tanzanian traders trade major pairs like USD/CAD because they have the tightest spreads, the most liquidity and the most analysis available. Trading accounts are usually held in US Dollars, so Dollar pairs are also easy to follow.

Compare brokers offering these pairs →

Risks & Trading Hours

  • Surprise policy shifts or data can cause abrupt moves. (USD)
  • Political events such as tariffs or debt-ceiling standoffs can shake the Dollar. (USD)
  • Oil price swings. (CAD)
  • US trade policy changes. (CAD)

Most active: New York session (and the London-New York overlap) • New York and Toronto session

USD/CAD FAQ

What is the current USD/CAD exchange rate?

1 USD is worth about 1.4248 CAD (indicative, updated 22 hours ago). Always confirm the exact rate with your bank or broker before you convert or trade.

What is the all-time high and low of USD/CAD?

In the data we track (since 6 Mar 2024), USD/CAD peaked at 1.4437 on 12 Mar 2025 and bottomed at 1.3425 on 25 Sep 2024.

What moves the USD/CAD exchange rate?

USD/CAD is influenced by the relative strength of the US Dollar and the Canadian Dollar. Key factors include: Federal Reserve interest-rate policy, US inflation and jobs data, Oil prices, Bank of Canada policy. See the sections above for the full list.

When is the best time to trade USD/CAD?

Activity and liquidity are typically highest during: New York session (and the London-New York overlap) • New York and Toronto session. Spreads are usually tighter when the relevant markets are open.

Is USD/CAD good for beginners?

USD/CAD is one of the more liquid pairs, with tight spreads at most brokers, which makes it a reasonable choice for beginners. Practise on a free demo account first.

This page is educational. Rates, statistics and commentary are indicative and may contain errors or be out of date.

Other Currency Pairs

EUR/USD GBP/USD USD/JPY USD/CHF AUD/USD NZD/USD All pairs →

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