Bank of Canada data since 2017

Historical exchange rates

Monthly and yearly average exchange rates, and daily rates, for 22 currencies. Pick any two currencies and a date range.

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CAD to USD monthly average exchange rates, November 2024 to October 2026

Each rate is the number of USD (US dollar) for 1 CAD (canadian dollar). For today's live rate and provider quotes, see CAD to USD.

Average, November 2024 to October 20260.71727488 business days
Highest daily rate0.73992January 29, 2026
Lowest daily rate0.68479February 3, 2025
Change over the period-1.17%November 1, 2024 to October 19, 2026
CAD to USD daily rate from November 1, 2024 (0.7178) to October 19, 2026 (0.7094), low 0.6848, high 0.7399. 0.7440.7120.680 Nov 2024Oct 2025Oct 2026

Daily Bank of Canada rates, November 2024 to October 2026.

MonthAverageHighLowBusiness days
October 2026to date0.703120.70937October 19, 20260.70072October 9, 202612
September 20260.716300.72548September 8, 20260.70482September 29, 202620
August 20260.719540.72674August 21, 20260.71083August 4, 202620
July 20260.708870.71357July 17, 20260.70328July 6, 202622
June 20260.712300.72286June 2, 20260.70254June 24, 202622
May 20260.728720.73659May 1, 20260.72301May 27, 202620
April 20260.727280.73448April 27, 20260.71849April 2, 202621
March 20260.729060.73708March 10, 20260.71741March 31, 202622
February 20260.732570.73833February 10, 20260.72950February 24, 202619
January 20260.725840.73992January 29, 20260.71875January 16, 202621
December 20250.724540.73131December 24, 20250.71500December 2, 202521
November 20250.711480.71536November 28, 20250.70822November 5, 202519
October 20250.714700.71860October 29, 20250.71185October 16, 202522
September 20250.722910.72738September 16, 20250.71731September 26, 202520
August 20250.724540.72770August 29, 20250.71958August 21, 202520
July 20250.730420.73665July 3, 20250.72233July 31, 202522
June 20250.731340.73757June 16, 20250.72701June 23, 202521
May 20250.721520.72828May 26, 20250.71439May 12, 202521
April 20250.714990.72401April 30, 20250.69696April 1, 202521
March 20250.696440.70087March 26, 20250.69018March 4, 202521
February 20250.699280.70592February 14, 20250.68479February 3, 202519
January 20250.694950.69784January 20, 20250.69042January 31, 202522
December 20240.702280.71235December 5, 20240.69367December 27, 202420
November 20240.715590.72181November 5, 20240.71013November 26, 202420

Download this table (CSV). Source: Bank of Canada daily exchange rates. Months or years marked "to date" are not complete yet.

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How these rates are calculated

  1. Daily rates. The Bank of Canada publishes one rate for each currency against the Canadian dollar every business day. These are the daily rates shown.
  2. Other pairs. For two currencies other than the Canadian dollar, the rate is the first currency's Bank of Canada rate divided by the second's, on the same day.
  3. Averages. A monthly or yearly average is the simple average of the daily rates in that month or year. High and low are the highest and lowest daily rates, with their dates.
  4. Reference only. These are not customer rates. Banks and exchange services add a margin.

Frequently asked questions

What is a monthly average exchange rate?

It is the average of the daily exchange rates published on each business day of that month. A yearly average is the same for every business day of the year. Weekends and holidays have no published rate and are not counted.

Where do these rates come from?

From the Bank of Canada, which publishes one exchange rate for each currency against the Canadian dollar every business day, around 4:30 p.m. ET. Rates between two other currencies, such as euros to US dollars, are worked out through the Canadian dollar on the same day.

Which exchange rate should I use for taxes in Canada?

The Canada Revenue Agency generally accepts the Bank of Canada rate for the day of a transaction, or the annual average rate for amounts received or paid throughout the year. Check the agency's guidance or an accountant for your situation.

Can I get a customer rate at these averages?

No. These are reference rates. Banks and exchange services add a margin, so a customer selling a currency receives less and a customer buying pays more. The live rate pages on this site compare customer rates with the market rate.

Can I download the data?

Yes. Use the CSV link under the table. It has the same rows as the table, with the source noted at the bottom.

How far back do the rates go?

To January 2017, when the Bank of Canada started its current daily exchange rate series. Daily rates are shown up to 13 months at a time; monthly and yearly averages can cover the whole period.