USD to CAD Exchange Rate by Date – Historical Data and Trends
USD to CAD Historical Exchange Rate by Date
The USD to CAD exchange rate serves as a critical benchmark for anyone tracking the value of the U.S. dollar against the Canadian dollar. Historical data reveals how this currency pair has moved over days, months, and years, offering insights into broader economic trends affecting both nations.
Understanding these movements matters whether you are converting currency for travel, analyzing cross-border investments, or simply monitoring economic conditions. Accessing reliable historical records allows for accurate record-keeping, informed financial planning, and recognition of patterns that may influence future decisions.
This guide compiles verified data from authoritative sources including central bank records, federal reserve releases, and specialized financial platforms to present a comprehensive view of USD to CAD exchange rate movements by date.
What is the USD to CAD Exchange Rate by Specific Date?
Looking up the exchange rate for a particular date requires understanding how rates are recorded and reported. Central banks and financial institutions typically publish daily rates, which serve as official reference points for transactions and reporting purposes.
The following key insights emerge from examining historical USD to CAD data across recent periods:
- The Canadian dollar reached its strongest level against the U.S. dollar in mid-April 2026, touching 1.3718 on April 16—marking the best performance since March 2026
- The USD/CAD rate fluctuated between 1.3873 (April 13 high) and 1.37285 (April 15 low) in the week preceding mid-April 2026
- Over the past month, the Canadian dollar weakened by 1.77% against the U.S. dollar
- Despite recent weakness, the Canadian dollar has strengthened 3.25% over the trailing 12 months
- The peak rate of 1.40505 recorded in November 2025 represents the highest point in the recent period analyzed
- Historical records show the USD/CAD rate reached an all-time high of 1.62 in January 2002
| Period | Average Rate | High | Low | Change |
|---|---|---|---|---|
| Last 30 Days | 1.3763 CAD/USD | 1.3873 | 1.3652 | -1.77% |
| Last 6 Months | 1.3797 CAD/USD | 1.4051 | 1.3652 | Variable |
| Last Year | 1.3845 CAD/USD | 1.4051 | 1.3440 | +3.25% |
Where to Find Official Historical USD to CAD Exchange Rates?
Several authoritative sources provide official historical exchange rate data for the USD/CAD pair. These institutions include government agencies, central banks, and established financial data providers that maintain rigorous data collection standards.
Government and Central Bank Sources
The Bank of Canada maintains the most comprehensive record of daily USD/CAD exchange rates, with continuous data available since 1971. The bank publishes official noon spot rates that serve as reference points for financial reporting and international transactions. Users can access current and historical rate files in downloadable formats suitable for analysis and record-keeping.
The Federal Reserve’s H.10 statistical release provides complementary U.S.-side data, tracking the Canadian dollar’s value from the American perspective. This source enables cross-referencing and verification of rates across different reporting methodologies.
Bank of Canada rates are published as noon spot rates and may differ slightly from mid-market rates available through commercial platforms. When precision matters for financial decisions, clarify which rate type applies to your specific situation.
Specialized Financial Data Platforms
Beyond government sources, several specialized platforms aggregate and present historical exchange rate data with additional analytical features. OFX maintains historical rate records organized by specific dates, supporting research into past market conditions. Trading Economics offers comprehensive data visualization alongside rate information, making it easier to identify trends across different time horizons.
Additional sources worth consulting include Investing.com for interactive charts and statistical analysis, Wise for mid-market rate comparisons, and FRED (Federal Reserve Economic Data) for academic-grade time series information.
USD to CAD Rate Trends, Highs, and Lows Over Time?
Examining USD/CAD rate movements over extended periods reveals patterns shaped by economic fundamentals, monetary policy decisions, and market sentiment. These trends provide context for understanding current rates within a broader historical framework.
Understanding Rate Peaks and Troughs
The USD/CAD exchange rate reached its all-time highest level of 1.62 in January 2002—a period when the Canadian dollar was at significant discount following years of economic uncertainty. This historical peak remains relevant for understanding the upper bounds of possible rate movements during periods of Canadian dollar weakness.
More recently, the November 2025 peak of 1.40505 represented the highest rate in the current analysis period, occurring amid shifting monetary policy expectations and commodity price movements affecting the Canadian dollar’s trajectory.
The Canadian dollar’s 3.25% strengthening over the trailing 12 months reflects a broader trend of commodity-linked currency recovery, though this gain was partially reversed by 1.77% weakness in the preceding month.
Factors Driving Exchange Rate Movements
Several interconnected factors influence USD to CAD rate movements over time. Central bank monetary policy decisions by the Bank of Canada and the U.S. Federal Reserve create differential interest rate environments that affect currency flows. When the Federal Reserve maintains higher rates relative to the Bank of Canada, capital tends to flow toward U.S. denominated assets, putting downward pressure on the Canadian dollar.
Commodity prices, particularly crude oil, play a significant role given Canada’s status as a major petroleum exporter. Oil price appreciation typically strengthens the Canadian dollar, while oil price declines create opposite pressure. This relationship has been a persistent feature of USD/CAD dynamics for decades.
Trade balance movements between Canada and the United States affect currency demand, with trade surplus conditions generally supporting the Canadian dollar and deficit conditions creating headwinds.
What Was the USD to CAD Rate Yesterday and Today?
For immediate conversion needs, understanding the most recent available rates provides the most practical reference point. Daily rate reporting typically captures noon spot rates, though intraday movements can result in somewhat different values depending on the specific time of measurement.
The rate of 1.3718 recorded on April 16, 2026 represented the Canadian dollar’s strongest position since March, occurring as market participants adjusted expectations ahead of scheduled monetary policy announcements. This level indicated significant daily appreciation from the weekly high of 1.3873 reached on April 13.
Mid-market rates shown on financial platforms typically exclude transaction fees and spreads. Actual rates available through banks and currency exchange services will differ, often by 1-2% from quoted mid-market rates. Always confirm the specific rate applying to your transaction. You can see the historical USD to CAD exchange rate at Convertidor de cm a pies y pulgadas.
Forward-looking analysis from Trading Economics projects the Canadian dollar to trade at approximately 1.39 by the end of Q2 2026, with an estimated rate of 1.37 expected in twelve months based on global macro models and analyst consensus. These projections carry inherent uncertainty and should not be interpreted as guaranteed future values.
Notable Rate Movements: A Recent Timeline
Tracking daily rate movements provides insight into how the USD/CAD pair responds to economic releases, policy announcements, and shifting market conditions. The following timeline highlights key dates in the recent rate history.
- — USD/CAD reached 1.40505, marking the recent peak rate for the analyzed period. This level represented the year’s highest point amid evolving trade policy discussions.
- — Rate settled at 1.3786, showing pullback from November highs as year-end positioning influenced market dynamics.
- — Rate opened the year at 1.377931, establishing a baseline for subsequent monthly comparisons.
- — Rate declined to 1.365178, representing a strengthening of the Canadian dollar to lower rate levels.
- — Rate returned to 1.372518 as the Canadian dollar experienced some moderation after February gains.
- — Weekly high reached 1.3873 as market volatility increased ahead of scheduled data releases.
- — Monthly record shows 1.386864, with intraday low touching 1.37285.
- — Rate fell to 1.3718, marking the strongest Canadian dollar position since March.
What Information Is Reliable Versus Uncertain?
When consulting historical exchange rate data, understanding the reliability and limitations of different data types helps ensure appropriate use of the information for decision-making purposes.
| Established Information | Information Requiring Caution |
|---|---|
| Official Bank of Canada noon spot rates published for specific dates | Forecasts projecting rates beyond the current quarter |
| Historical rates from central bank records going back decades | Intraday rate variations not captured in daily snapshots |
| Federal Reserve H.10 statistical releases with confirmed publication dates | Mid-market rates differing from actual transaction rates |
| Percentage changes calculated from verified rate points | Forward-looking analyst projections carrying inherent uncertainty |
| All-time historical peaks and troughs with specific date attribution | Regional or institution-specific rate variations |
Why Does the USD to CAD Rate Matter?
The USD/CAD exchange rate functions as a fundamental indicator of economic relationships between the United States and Canada—the world’s largest bilateral trading partnership. Currency movements affect the relative prices of goods and services flowing across the border, influencing everything from automotive manufacturing to agricultural exports.
For businesses engaged in cross-border commerce, exchange rate movements directly impact profit margins when revenues and costs are denominated in different currencies. A strengthening Canadian dollar benefits Canadian importers purchasing American goods but creates challenges for Canadian exporters selling into U.S. markets.
Individual consumers also feel these effects through travel costs, online purchases, and any services or goods with international supply chain components. Understanding historical rate patterns helps with timing decisions for currency conversions, though past performance does not guarantee future results.
Sources and Data Methodology
Historical USD/CAD exchange rate data in this guide draws from primary sources including central bank publications and federal statistical releases. The Bank of Canada publishes daily noon spot rates that serve as official reference values for financial reporting and regulatory compliance purposes.
The Bank of Canada has maintained continuous daily exchange rate data since 1971, providing one of the most comprehensive historical records available for the USD/CAD pair.
— Bank of Canada Exchange Rate Publications
Complementary data from the Federal Reserve’s H.10 statistical release enables cross-verification and provides the American perspective on the currency pair’s movements. Specialized financial platforms including OFX, Trading Economics, Investing.com, Wise, and FRED aggregate and present this data with additional analytical tools.
All percentage changes and trend calculations use verified rate points from these primary sources, with attribution noted for each specific data point. Users requiring official documentation for financial or legal purposes should obtain certified records directly from central bank sources.
Summary: Using Historical USD to CAD Exchange Rate Data
Historical USD to CAD exchange rate data provides essential context for understanding currency market movements, supporting informed financial decisions, and tracking economic relationships between Canada and the United States. The current rate environment shows the Canadian dollar trading near multi-month highs at approximately 1.37–1.39, with recent monthly weakness offset by stronger annual performance.
Accessing official records from the Bank of Canada, Federal Reserve, and specialized platforms enables verification and cross-referencing of historical rates across different time periods. Whether researching specific dates for transaction documentation, analyzing longer-term trends, or simply understanding current market conditions, these authoritative sources provide the foundation for accurate currency analysis.
What factors affect USD to CAD exchange rates?
Multiple factors influence USD/CAD movements, including interest rate differentials between the Bank of Canada and Federal Reserve, commodity prices particularly crude oil given Canada’s export economy, trade balance flows between the nations, and broader market risk sentiment affecting emerging market and commodity-linked currencies.
What was the USD to CAD rate yesterday?
On April 16, 2026, the USD/CAD rate reached 1.3718, representing the Canadian dollar’s strongest level since March. This followed a week of volatility ranging between 1.3873 and 1.37285.
Where can I find historical USD to CAD rates by specific date?
The Bank of Canada publishes official daily noon spot rates dating back to 1971, available as downloadable files on their website. The Federal Reserve’s H.10 release provides complementary American-side data, while platforms like OFX, Trading Economics, and Wise offer user-friendly interfaces for date-specific lookups.
What was the highest USD to CAD rate ever recorded?
The USD/CAD rate reached its all-time high of 1.62 in January 2002, during a period of significant Canadian dollar weakness. The more recent peak of 1.40505 occurred in November 2025.
How accurate are exchange rate forecasts?
Forward projections carry inherent uncertainty and should not be treated as guaranteed outcomes. Trading Economics models project the Canadian dollar at approximately 1.39 by end of Q2 2026, though unexpected economic events or policy changes can significantly alter actual outcomes.
Why do bank rates differ from mid-market rates?
Banks and currency exchange services add spreads and fees to mid-market rates when executing transactions. Actual rates available through financial institutions typically differ by 1–2% from quoted mid-market values shown on informational platforms.
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