CAD to USD Calculator

Cad To Usd Calculator

Updated Aug 2, 2026 By Jehan Wadia

Introduction

This CAD to USD calculator changes Canadian dollars into US dollars in seconds. Type an amount, and you get the answer right away. You can also flip it around and change US dollars back into Canadian dollars with one click, or open the dedicated USD to CAD Calculator if that is your usual direction.

The tool uses the mid-market rate. That is the middle point between what buyers pay and what sellers ask. It is the fairest rate to compare against. Banks and apps often charge more, so we also show a buy rate and a sell rate to give you a real-world idea of what you might get.

Sending money or paying for something abroad? Fees matter. Add a percent fee, a flat fee, or both, and the calculator shows your true cost and the rate you really get after fees. If you are paying through an online marketplace or wallet, the PayPal Fee Calculator can help you estimate the platform side of the cost too.

You also get a step-by-step breakdown of the math, a chart of past CAD/USD rates from 48 hours up to 5 years, and simple stats for the last 7, 30, and 90 days. Quick tables let you look up common amounts fast. Use it for travel money, online shopping, cross-border pay, or sending money to family. For other pairs, try the general Currency Calculator, the Euro to USD Calculator, the Pounds to Dollars Calculator, or the Yen to USD Calculator.

How to use our CAD to USD Calculator

Enter the amount of Canadian dollars you want to change, and the calculator shows how many US dollars you get at the live mid-market rate, plus fees, buy and sell rates, and rate history.

CAD – Canadian Dollar: Type the amount of Canadian dollars you want to convert. The US dollar box fills in right away.

USD – US Dollar: You can also type here instead. Enter the US dollars you need, and the calculator works out the CAD you must send.

Swap: Click this to flip the direction, so you convert USD to CAD instead. You can also press the "/" key.

Estimate After Fees: Click this button to open the fee boxes and see what you really receive.

Percentage fee: Enter the margin your bank, card, or transfer app charges. Most banks charge 1.5% to 3%. Leave it at 0 for the plain mid-market rate. If you want to check that margin on its own, the Percentage Calculator is handy.

Flat fee: Enter any fixed transfer fee in the currency you receive. This amount is taken off your payout.

Calculate: Click to update the result, the step-by-step math, and the tables.

Reset: Click to clear your fees and set the amount back to 1,000 CAD.

Time period buttons (48H to 5Y): Pick a range to see how the CAD/USD rate moved over 48 hours, 1 week, 1 month, 6 months, 12 months, or 5 years.

Rate Statistics and Your Amount tabs: Switch tabs to see the high, low, and average rates, or what your amount would be worth at each of those rates.

CAD to USD: What It Means

CAD is the Canadian dollar. USD is the US dollar. Converting CAD to USD means finding out how many US dollars you get for your Canadian money. You do this with an exchange rate. If the rate is 0.73, then 1 Canadian dollar is worth 0.73 US dollars. To convert, you multiply: 100 CAD × 0.73 = 73 USD. To go the other way, you divide. If you want to see that relationship as a plain ratio, the Ratio Calculator shows the same idea in another form.

The Mid-Market Rate

The mid-market rate is the middle point between what buyers pay and what sellers ask for a currency. Banks trade with each other at this rate. It is the "real" rate you see on news sites and search engines. Almost nobody gets this exact rate when they exchange money, but it is the fair starting point for comparing deals.

Buy Rate and Sell Rate

Banks and exchange shops give you a slightly worse rate than the mid-market rate. That gap is called the spread, and it is how they make money. The buy rate is what they pay you for your Canadian dollars. The sell rate is what they charge you for them. A small spread means a better deal for you. Traders often measure that gap in pips, and the Pip Calculator puts a dollar value on each move.

Fees Change What You Really Get

Two kinds of fees cut into your money. A percentage fee takes a slice of the whole amount, often 1.5% to 3% at banks and on credit cards. A flat fee is one set charge, like $5 per wire transfer. On small transfers, flat fees hurt the most. On big transfers, the percentage fee matters more. Add both together and divide by your starting amount to find your effective rate, which is the true rate you paid. The Percent Difference Calculator makes it easy to see how far that effective rate sits from the mid-market rate.

Why the CAD/USD Rate Moves

The Canadian dollar and US dollar move against each other every day. Big reasons include:

Interest rates. When the Bank of Canada or the US Federal Reserve raises or lowers rates, money moves between the two countries. See how rate levels feed into borrowing with the interest rate calculator.
Oil prices. Canada sells a lot of oil. Higher oil prices often lift the Canadian dollar.
Trade and jobs data. Strong economic reports usually make a currency stronger.
Global mood. In scary times, people buy US dollars because they feel safe, which pushes the USD up. Some people also shift into metals, which you can price with the Gold Price Calculator.

The CAD/USD pair usually moves in a slow range, often trading between about 0.68 and 0.80 USD over the last several years. Small daily moves are normal, and long-run buying power also shifts, which the Inflation Calculator helps put in context.

Getting a Better Rate

Compare the rate you are offered against the mid-market rate. If a provider quotes 0.71 when the mid-market rate is 0.73, you are losing about 2.7% right away. Airport kiosks and hotels usually give the worst rates. Online transfer services and some credit cards with no foreign transaction fee tend to be cheaper. Watching the 30-day average helps you see if today's rate is good or weak compared to recent weeks.

If you are moving money across the border for a bigger reason, a few related tools may help: the Canadian Mortgage Calculator for property in Canada, the Land Transfer Tax Calculator for closing costs, the HST Calculator for Canadian sales tax, and the Cost of Living Calculator if you are comparing life in the two countries. Active traders can size positions with the Forex Lot Size Calculator and check outcomes with the Forex Profit Calculator.

Formulas used

Directional exchange rate (base to quote)

r = \begin{cases} m & \text{if base} = \text{CAD} \\ \dfrac{1}{m} & \text{if base} = \text{USD} \end{cases}

Gross converted amount

\text{Gross} = \text{Amount} \times r

Reverse conversion (amount from target field)

\text{Amount} = \frac{\text{Target}}{r}

Total fees and net amount received

\text{Fees} = \text{Gross} \times \frac{f_{\%}}{100} + f_{\text{flat}}, \qquad \text{Net} = \text{Gross} - \text{Fees}

Effective rate after fees

r_{\text{eff}} = \frac{\text{Net}}{\text{Amount}}

Retail buy and sell rates (0.45% spread)

r_{\text{buy}} = r \times 0.9955, \qquad r_{\text{sell}} = r \times 1.0045

Period volatility (standard deviation as percent of mean)

\text{Vol}\% = \frac{\sqrt{\dfrac{1}{n}\sum_{i=1}^{n}(r_i - \bar{r})^2}}{\bar{r}} \times 100

Rate change versus previous close / 30-day average

\Delta\% = \frac{r_{\text{current}} - r_{\text{reference}}}{r_{\text{reference}}} \times 100

Frequently asked questions

How often does the exchange rate update?

The calculator pulls a fresh mid-market rate each time you load the page. The feed uses daily reference rates, so the number can be a few hours old. The time stamp under the rate shows exactly when the data was pulled, in UTC.

Why does the tool say the rate is indicative?

If the live rate feed does not load, the calculator falls back to a sample rate so you can still do the math. You will see a warning saying indicative sample rates. When the live feed works, the label changes to ECB reference. Refresh the page to try the live feed again.

Why is my bank's rate lower than this calculator's rate?

Banks add a markup to the mid-market rate. That markup is their profit. Most banks and cards take 1.5% to 3%. Use the Estimate After Fees box to add that markup and see what you really get.

What does the effective rate after fees mean?

It is the real rate you paid once fees are taken out. The tool divides what you receive by what you sent. Example: send 1,000 CAD, get 715 USD back, and your effective rate is 0.7150 even if the posted rate was 0.7342.

How much is 100 CAD in USD?

Multiply 100 by the current rate. At a rate of 0.7342, 100 CAD equals about 73.42 USD. The quick-reference table on this page shows 1, 5, 10, 25, 100, 1,000 CAD and more at today's rate.

How much is 100 USD in CAD?

Divide 100 by the CAD to USD rate. At 0.7342, 100 USD is about 136.20 CAD. Click Swap to flip the boxes, or check the USD to CAD table on this page.

Is there a limit on the amount I can enter?

Yes. The top limit is 10,000,000. Above that you will see a message asking you to speak with a currency exchange specialist, since large trades often get custom rates.

What does the volatility number in the stats table mean?

It shows how much the rate bounced around in that period. A low number, like 0.5%, means the rate was steady. A higher number, like 2%, means bigger swings. Bigger swings mean the rate you see today may not last.

What is the Your Amount tab for?

It shows what your entered amount would be worth at the high, low, and average rate of the last 7, 30, and 90 days. It is a fast way to see how much timing changed your payout.

What does the green or orange message under the boxes mean?

It compares today's rate to the 30-day average. Green means today's rate is better than usual for your direction. Orange means it is worse. Grey means it is close to normal.

Can I use this rate for taxes or customs forms?

No. Tax agencies want official rates, like the Bank of Canada daily rate or the IRS yearly average. Use this tool for planning and quick checks, not for filing.

Why do the buy and sell rates differ from the main rate?

They show a typical retail spread of 0.45% on each side of the mid-market rate. The buy rate is what a provider pays you. The sell rate is what they charge you. Real shops may use a wider gap.

Are there keyboard shortcuts?

Yes. Press Enter in an amount box to recalculate. Press / to swap the currencies. Click the chart, then use the left and right arrow keys to read each data point out loud in the text below it.

Should I add both a percent fee and a flat fee?

Add whichever ones your provider charges. Many wire transfers use both, like 1% plus $5. Flat fees hurt small transfers the most. Percent fees hurt large transfers the most.

Why did my result change when I typed in the other box?

The two boxes are linked. Type in the CAD box and the USD box fills in. Type in the USD box and the tool works backward to find the CAD you need to send.

Does the chart show my currency direction?

The chart always plots USD per 1 CAD, even after you swap. If you swap to USD to CAD, a falling line on the chart means you get more Canadian dollars for your US dollars.

Is my data saved or shared?

No. All math runs in your browser. Amounts and fees are not stored or sent anywhere.

Rate this calculator