USD/CAD
Major
"Loonie" US Dollar / Canadian Dollar
Live exchange rate · Updated every 5 minutes · Frankfurter.app + ExchangeRate-API
1.3678
▼ 0.110% (24h)
1 US Dollar = 1.3678 CAD
Bid
1.3675
Ask
1.3681
Spread
0.3–0.9 pips (typical)
Pip Size
0.0001
Key Market Drivers
Crude oil prices
BoC rate decisions
Canadian trade balance
US-Canada trade
USD/CAD Converter
US Dollar
1.3678 CAD
Rate updates every 5 minutes
USD/CAD Statistics
Current Rate
1.3678
24h Change
-0.110%
Bid
1.3675
Ask
1.3681
Spread
0.3–0.9 pips (typical)
Pip Size
0.0001
Base Currency
US Dollar
Quote Currency
CAD
Category
Major
Trading Session
Most active during New York session (09:00–17:00 EST)
Central Banks
US Federal Reserve (Fed), Bank of Canada (BoC)
USD/CAD Live Chart
TradingView · Live📊 Chart loading…
About USD/CAD
USD/CAD is known as the "Loonie" after the Canadian loon on the $1 coin. Canada is the world's 4th largest oil exporter, making this pair highly sensitive to crude oil price movements.
USD/CAD reached parity several times between 2007-2015. Oil price collapses pushed it above 1.46 in 2016 and 2020.
The USD/CAD pair is governed by two central banks: US Federal Reserve (Fed) and Bank of Canada (BoC). Key factors that move this pair include: Crude oil prices, BoC rate decisions, Canadian trade balance, US-Canada trade.
To trade USD/CAD, you need a forex broker account. The pair is available 24 hours a day, 5 days a week. Most active during New York session (09:00–17:00 EST). Typical spread is 0.3–0.9 pips (typical). Always use proper risk management including stop-loss orders.
A pip (percentage in point) in USD/CAD is 0.0001. For most major pairs, this represents a $10 gain/loss per standard lot (100,000 units). Mini lots (10,000 units) = $1 per pip.
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