Last updated: Nov 5, 2025, 11:59 PM UTC
Context Information
Local Purchasing Power
$70.91 ≈
- 5.9 fast food meals in NYC 🍔
- 1.2 meals of nice dinner in NYC 🍽️
- 16 cups of coffee in NYC ☕
30-Day Trend
CAD to USD is 1.06% weaker than 30 days ago
7-Day Trend
Exchange rate movement over the past week
Understanding CAD to USD Exchange Rates
The Canadian Dollar (CAD) is one of the world's major currencies and is heavily influenced by commodity prices, particularly oil, as Canada is a major oil exporter. CAD/USD exchange rates are driven by Bank of Canada monetary policy, oil and natural resource prices, US Federal Reserve decisions, cross-border trade flows, and economic data from both nations. When commodity prices rise or the Canadian economy strengthens, the loonie typically appreciates, while falling commodity prices or US interest rate hikes often strengthen the dollar against the CAD.