CAD/USD
MinorCanadian DollarUS Dollar
0.72422
+3.2 pips+0.04%
Bid
0.72422Ask
0.72422spread
0.0 pips24h Δ+0.04%
Price chart
Daily volatility
0.10%
0.00%2.00%
Low volatility0.10%
52-week range
0.72
0.710.74
0.707600.724220.74140
30-day return
-1.18%
ConsolidatingKey correlation
Coming soon
24h volume
Global OTC (decentralized market)
About CAD/USD
The CAD/USD pair represents the exchange rate between Canadian Dollar and US Dollar. This shows how many US Dollars are needed to buy one Canadian Dollar.
Currency converter
You send
You receive
1 CAD = 0.72422 USD
Mid-market rate
Key statistics
24h volume
Global OTCAvg. spread
0.5-1.5 pipsPip value
$10 por lote estándarMargin req.
3.33%52-week range
High
0.741400
Low
0.707600
52-week range
0.7242200.7076000.741400
Low
0.707600
High
0.741400
Currency converter
You send
You receive
1 CAD = 0.72422 USD
Mid-market rate
Key statistics
24h volume
Global OTCAvg. spread
0.5-1.5 pipsPip value
$10 por lote estándarMargin req.
3.33%52-week range
High
0.741400
Low
0.707600
52-week range
0.7242200.7076000.741400
Low
0.707600
High
0.741400
Frequently Asked Questions
The current CAD/USD exchange rate is 0.7242, meaning 1 CAD equals 0.7242 USD. The rate has increased by +0.04% in the past 24 hours.
CAD/USD has dropped by -0.42% over the last week. The monthly change is a -1.18% drop.
The current spread for CAD/USD is 0.0000, with a bid price of 0.7242 and an ask price of 0.7242. The spread represents the transaction cost for trading this currency pair.
CAD/USD highest rate in the last year was 0.7414, and its lowest rate was 0.7076.
The CAD/USD exchange rate is influenced by several macroeconomic factors including interest rate differentials between the central banks of Canadian Dollar and US Dollar, inflation rates, GDP growth, trade balances, and geopolitical events. Monetary policy decisions by each country's central bank are typically the most significant driver of currency movements.
Investors in Latin America can access the forex market through international brokerage platforms and regulated forex brokers. Many platforms accept local payment methods and only require a valid government ID or passport to get started. Make sure to choose a regulated broker with transparent fee structures.
CAD/USD can be traded during 24/5 (Sun 22:00 - Fri 22:00 GMT). The forex market operates nearly 24 hours a day during the business week, with the highest liquidity typically during the London and New York session overlap.
Many investors in Latin America hold hard currencies like CAD (Canadian Dollar) as a hedge against local currency devaluation. If your local currency loses value relative to CAD, your holdings in CAD preserve their purchasing power. This is one reason why forex diversification is a common strategy for investors in regions with higher inflation.