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.

Show
Swap to CAD to USD

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

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

Average, November 2024 to October 20261.3946488 business days
Highest daily rate1.4603February 3, 2025
Lowest daily rate1.3515January 29, 2026
Change over the period+1.18%November 1, 2024 to October 19, 2026
USD to CAD daily rate from November 1, 2024 (1.3932) to October 19, 2026 (1.4097), low 1.3515, high 1.4603. 1.4691.4061.343 Nov 2024Oct 2025Oct 2026

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

MonthAverageHighLowBusiness days
October 2026to date1.42221.4271October 9, 20261.4097October 19, 202612
September 20261.39621.4188September 29, 20261.3784September 8, 202620
August 20261.38981.4068August 4, 20261.3760August 21, 202620
July 20261.41071.4219July 6, 20261.4014July 17, 202622
June 20261.40401.4234June 24, 20261.3834June 2, 202622
May 20261.37231.3831May 27, 20261.3576May 1, 202620
April 20261.37511.3918April 2, 20261.3615April 27, 202621
March 20261.37171.3939March 31, 20261.3567March 10, 202622
February 20261.36511.3708February 24, 20261.3544February 10, 202619
January 20261.37781.3913January 16, 20261.3515January 29, 202621
December 20251.38021.3986December 2, 20251.3674December 24, 202521
November 20251.40551.4120November 5, 20251.3979November 28, 202519
October 20251.39921.4048October 16, 20251.3916October 29, 202522
September 20251.38331.3941September 26, 20251.3748September 16, 202520
August 20251.38021.3897August 21, 20251.3742August 29, 202520
July 20251.36911.3844July 31, 20251.3575July 3, 202522
June 20251.36741.3755June 23, 20251.3558June 16, 202521
May 20251.38601.3998May 12, 20251.3731May 26, 202521
April 20251.39881.4348April 1, 20251.3812April 30, 202521
March 20251.43591.4489March 4, 20251.4268March 26, 202521
February 20251.43011.4603February 3, 20251.4166February 14, 202519
January 20251.43901.4484January 31, 20251.4330January 20, 202522
December 20241.42401.4416December 27, 20241.4038December 5, 202420
November 20241.39751.4082November 26, 20241.3854November 5, 202420

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

Popular searches

USD to CAD monthlyUSD to CAD yearlyCAD to USD monthlyEUR to CAD monthlyGBP to CAD monthlyAUD to CAD monthlyCNY to CAD monthlyINR to CAD monthlyJPY to CAD yearlyMXN to CAD monthly

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.