Convert CAD to USD
Canadian dollar (CAD) to US dollar (USD)
Today’s mid-market reference rate loads in the converter below, with the date it was published.
Calculates in your browser. Only published exchange rates are fetched, from api.frankfurter.dev — the amount you type never leaves your device. Rates are reference rates, not your bank’s.
Good to know
Canadians call their dollar the 'loonie' after the loon on the one-dollar coin. Cross-border shoppers should check whether a price tag is in CAD or USD — both are written $.
The Canadian dollar and the US dollar
| Fact | Canadian dollar (CAD) | US dollar (USD) |
|---|---|---|
| Symbol | $ (C$) | $ (US$) |
| Divided into | 100 cents | 100 cents |
| Issued by | Bank of Canada | Federal Reserve |
| Used in | Canada | United States, and as the official currency of several other countries, including Ecuador, El Salvador and Panama (alongside the balboa) |
| How the rate is set | Floating | Floating |
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Other currencies? The full Currency Converter converts between every currency the rate service publishes, and the Unit Converters page lists the rest.
CAD to USD — questions
How do I convert CAD to USD?
Multiply the amount in Canadian dollars by the CAD/USD rate. The converter above fetches the day’s reference rate and works it out both ways.
What is the symbol for the US dollar?
$ (US$). The US dollar (USD) is divided into 100 cents and issued by the Federal Reserve.
Is the Canadian dollar fixed to the US dollar?
No. Its exchange-rate arrangement: floating. The rate therefore changes from day to day.
Why is my bank’s rate different?
This is the mid-market reference rate. Banks, card networks and transfer services convert at their own rate, usually with a margin and sometimes a fee — compare the amount you actually receive.