1 CAD
=
0.7091 USD
Last updated: Nov 5, 2025, 11:59 PM UTC
0.7091
Context Information
Local Purchasing Power
$0.71 ≈
- 0.7 packs of gum in NYC 🍬
- 0.2 cups of coffee in NYC ☕
- 0.1 pints of beer 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), often called the 'Loonie' after the loon on the one-dollar coin, is the currency of Canada. CAD/USD exchange rates are heavily influenced by commodity prices, particularly oil, as Canada is a major oil exporter. The pair is also affected by Bank of Canada monetary policy, US Federal Reserve decisions, economic data from both countries, and cross-border trade flows. The Canadian dollar tends to correlate with commodity prices, making it a commodity currency alongside the Australian and New Zealand dollars.