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USD/CAD exchange rate

United States dollar to Canadian dollar

1.41610 ▼ -0.32% Close of Oct 16, 2026

Price history

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Key statistics

1 week
-0.46%
1 month
+1.19%
1 year
+0.83%
52-week high
1.42620 Oct 8, 2026
52-week low
1.35240 Jan 29, 2026
Average daily move
0.20% · 29 pips
Typical weekly range
0.70%

USD/CAD at a glance

USD/CAD closed at 1.41610 on Oct 16, 2026, down 0.32% on the previous session. Over the past year the pair traded between a low of 1.35240 on Jan 29, 2026 and a high of 1.42620 on Oct 8, 2026, and it is up 0.83% over twelve months.

On an average day USD/CAD moves about 0.20% (29 pips), and in a typical week it covers a range of around 0.70% from high to low.

What moves USD/CAD

United States dollar (USD)

Set by the Federal Reserve (Fed). The United States dollar is the world's reserve currency; moves on Fed rate expectations, US jobs and inflation data, and global risk appetite.

Canadian dollar (CAD)

Set by the Bank of Canada (BoC). The Canadian dollar is linked to oil prices and to the US economy, Canada's largest trading partner.

When the USD strengthens against the CAD, USD/CAD rises. Interest-rate differences between the two central banks are usually the biggest long-term driver.

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Rates are European Central Bank reference rates published each business day; they are not dealing prices. Statistics use daily closes since Oct 1, 2021.