CAD To USD: Convert Canadian Dollar to United States Dollar

what is the canadian dollar

These currency charts use live mid-market rates, are easy to use, and are very reliable. The U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity.

what is the canadian dollar

The international symbol for the currency is USD. You can send a variety of international currencies to multiple countries reliably, quickly, and safely, and at a rate cheaper than most banks. The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate.

Canadian Dollar Exchange Rate

U.S. dollars may also be accepted outside of the U.S. including in Vietnam, Costa Rica, Peru and certain parts of Mexico. Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs.

what is the canadian dollar

Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout. Check live rates, send money securely, set rate alerts, receive notifications and more. Create a chart for any currency pair in the world to see their currency history.

Convert from Canadian Dollar (CAD) to United States Dollar (USD)

Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct. Once you know that information, multiply the amount you have in CAD by the current exchange rate. The resulting number will show you the amount of U.S. dollars that you have to spend on your trip (however, be aware that this calculation doesn’t factor in any fees). If you’re planning a trip to the U.S. in the near future, you may want to exchange some of your money into dollars, the country’s official currency.

  1. Live tracking and notifications + flexible delivery and payment options.
  2. The currency code for Canadian Dollars is CAD.
  3. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct.
  4. These currency charts use live mid-market rates, are easy to use, and are very reliable.

At the time of writing, $1 CAD is worth $0.76 USD. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. Our currency rankings show that the most popular Canadian Dollar https://www.dowjonesrisk.com/ exchange rate is the CAD to USD rate. The currency code for Canadian Dollars is CAD. Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict.

Conversion Table

It’s known locally as a buck or greenback. The dollar has been the currency of Canada since 1858. A number of central banks keep Canadian dollars as a reserve currency. It’s known locally as a buck or a loonie, with the two-dollar coin known as a toonie. Live tracking and notifications + flexible delivery and payment options.

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