USD to CAD exchange rate
As of October 7, 2026 at 1:30 p.m. ET, 1 US dollar equals 1.4258 Canadian dollars at the mid-market rate. No bank or exchange offers this rate to customers. The rate you receive includes a margin. The five Canadian banks compared today are listed below.
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Bank figures are illustrations calculated from published rates and subject to each bank's amount limits and conditions. Confirm the rate with the provider before you exchange.
Canadian bank USD to CAD rates today
Each row is the published non-cash rate from that bank's public page, with the time it was recorded. FX margin is the gap between that rate and the market rate stored nearest to that time, shown in the Benchmark column. It measures the exchange rate difference only, not transfer fees.
Selling USD, receiving CAD
| Bank | Rate | Benchmark | FX margin vs benchmark | Illustrative CAD proceeds on 10,000 USD | Mode | Checked |
|---|---|---|---|---|---|---|
| National Bank Lowest observed among banks compared |
1.3900 | 1.42599:15 a.m. ET | 2.52% | 13,900.00 CAD | Published rate illustrationno amount limit shown | 9:21 a.m. ETSource page |
| Desjardins | 1.3877 | 1.42599:15 a.m. ET | 2.68% | 13,877.00 CAD | Cheque or draftmaximum 15,000 USD | 9:21 a.m. ETSource page |
| TD | 1.3852 | 1.42599:15 a.m. ET | 2.86% | 13,852.00 CAD | Published rate illustrationno amount limit shown | 9:22 a.m. ETSource page |
| RBC | 1.3827 | 1.42599:15 a.m. ET | 3.03% | 13,827.00 CAD | Published rate illustrationapplies up to CAD $10,000 (page: "To get a rate for conversions over CAD$10,000, please contact your local RBC Branch.") | 9:19 a.m. ETSource page |
| Scotiabank | 1.3811 | 1.42599:15 a.m. ET | 3.14% | 13,811.00 CAD | Published rate illustrationapplies to non-cash transactions up to $9,999 | 9:20 a.m. ETSource page |
Buying USD with CAD
| Bank | Rate | Benchmark | FX margin vs benchmark | Illustrative CAD cost of 10,000 USD | Mode | Checked |
|---|---|---|---|---|---|---|
| National Bank Lowest observed among banks compared |
1.4560 | 1.42599:15 a.m. ET | 2.11% | 14,560.00 CAD | Published rate illustrationno amount limit shown | 9:21 a.m. ETSource page |
| RBC | 1.4581 | 1.42599:15 a.m. ET | 2.26% | 14,581.00 CAD | Published rate illustrationapplies up to CAD $10,000 (page: "To get a rate for conversions over CAD$10,000, please contact your local RBC Branch.") | 9:19 a.m. ETSource page |
| Scotiabank | 1.4581 | 1.42599:15 a.m. ET | 2.26% | 14,581.00 CAD | Published rate illustrationapplies to non-cash transactions up to $9,999 | 9:20 a.m. ETSource page |
| Desjardins | 1.4589 | 1.42599:15 a.m. ET | 2.31% | 14,589.00 CAD | Cheque or draftmaximum 15,000 USD | 9:21 a.m. ETSource page |
| TD | 1.4643 | 1.42599:15 a.m. ET | 2.69% | 14,643.00 CAD | Published rate illustrationno amount limit shown | 9:22 a.m. ETSource page |
Mode tells you what each figure is. A published rate illustration is calculated from the rate on the bank's public page at the time shown. The bank may price differently by amount, account or channel, and some banks refer larger amounts to a branch. Benchmark is the stored 15-minute market rate nearest to the time each bank rate was recorded.
Bank observations: October 7, 2026, 9:19 a.m. to 9:22 a.m. ET.
Market note: October 6, 2026.
How much is 100, 285 or 1,000 US dollars in Canadian dollars?
Common amounts at the mid-market rate of October 7, 2026 at 1:30 p.m. ET. For any other amount, use the converter above.
| USD | CAD at mid-market |
|---|---|
| 1 USD | 1.43 CAD |
| 100 USD | 142.58 CAD |
| 200 USD | 285.15 CAD |
| 211 USD | 300.83 CAD |
| 228 USD | 325.07 CAD |
| 233 USD | 332.20 CAD |
| 238 USD | 339.33 CAD |
| 250 USD | 356.44 CAD |
| 268 USD | 382.10 CAD |
| 285 USD | 406.34 CAD |
| 296 USD | 422.02 CAD |
| 323 USD | 460.52 CAD |
| 355 USD | 506.14 CAD |
| 385 USD | 548.91 CAD |
| 500 USD | 712.88 CAD |
| 590 USD | 841.19 CAD |
| 750 USD | 1,069.31 CAD |
| 1,000 USD | 1,425.75 CAD |
| 1,500 USD | 2,138.63 CAD |
| 2,000 USD | 2,851.50 CAD |
| 2,500 USD | 3,564.38 CAD |
| 5,000 USD | 7,128.75 CAD |
| 10,000 USD | 14,257.50 CAD |
| 25,000 USD | 35,643.75 CAD |
| 50,000 USD | 71,287.50 CAD |
| CAD | USD at mid-market |
|---|---|
| 1 CAD | 0.70 USD |
| 100 CAD | 70.14 USD |
| 211 CAD | 147.99 USD |
| 216 CAD | 151.50 USD |
| 218 CAD | 152.90 USD |
| 224 CAD | 157.11 USD |
| 228 CAD | 159.92 USD |
| 232 CAD | 162.72 USD |
| 238 CAD | 166.93 USD |
| 258 CAD | 180.96 USD |
| 264 CAD | 185.17 USD |
| 308 CAD | 216.03 USD |
| 318 CAD | 223.04 USD |
| 479 CAD | 335.96 USD |
| 500 CAD | 350.69 USD |
| 675 CAD | 473.44 USD |
| 1,000 CAD | 701.39 USD |
| 1,150 CAD | 806.59 USD |
| 2,000 CAD | 1,402.77 USD |
| 2,500 CAD | 1,753.46 USD |
| 5,000 CAD | 3,506.93 USD |
| 5,700 CAD | 3,997.90 USD |
| 10,000 CAD | 7,013.85 USD |
| 25,000 CAD | 17,534.63 USD |
| 50,000 CAD | 35,069.26 USD |
How has USD to CAD moved?
Daily closing mid-market rates, 12 months to October 6, 2026. Range so far on October 7, 2026: 1.4220 to 1.4275.
| Period | High | Low | Average |
|---|---|---|---|
| Last 30 days | 1.4264 | 1.3778 | 1.4048 |
| Last 90 days | 1.4264 | 1.3766 | 1.3993 |
| Last 12 months | 1.4264 | 1.3493 | 1.3881 |
| September 2026 (full month) | 1.4236 | 1.3778 | 1.3968 |
| 2025 (full year) | 1.4714 | 1.3570 | 1.3972 |
Canadian Dollar still standing
- WTI oil prices slide as Middle East supplies increase
- US and Canada trade data due
- US dollar consolidating its recent gains.
USDCAD open (6:00 am): 1.4273 overnight range 1.4249 to 1.4285, close 1.4261, WTI $87.66, Gold $4,152.70.
Read the full Canadian Dollar Update for October 6, 2026, published by Knightsbridge Foreign Exchange Inc.
How are these numbers collected?
- Market rate. Mid-market USD to CAD from a licensed market data provider, stored every 15 minutes on business days with its timestamp. The first rate at or after 9:30 a.m. ET is kept separately and shown for reference.
- Bank rates. Each business day the published non-cash USD rate of Desjardins, National Bank, RBC, Scotiabank, TD is recorded in both directions, with the time, the page it was read from and a screenshot.
- Benchmark. Each bank rate is compared with the stored 15-minute market rate nearest to the time it was recorded.
- FX margin. Selling USD: benchmark minus bank rate, divided by benchmark. Buying USD: bank rate minus benchmark, divided by benchmark. Fees are not included.
- Bank of Canada. The Bank of Canada daily rate is shown as context after it is published, around 4:30 p.m. ET. It is not a customer rate and is not used in the comparison.
- Corrections. Recorded observations are not edited. If an error is found, a dated correction is published beside it.
Selling USD FX margins, last 3 business days
| Date | Desjardins | National Bank | RBC | Scotiabank | TD |
|---|---|---|---|---|---|
| Oct 7 | 2.68% | 2.52% | 3.03% | 3.14% | 2.86% |
| Oct 6 | 2.41% | 2.09% | 3.13% | 2.77% | 2.93% |
| Oct 5 | 2.40% | 2.24% | 3.11% | 2.77% | 2.87% |
Full archive with both directions, times, benchmarks and source pages.
Frequently asked questions
What is the USD to CAD exchange rate?
As of October 7, 2026 at 1:30 p.m. ET, 1 US dollar equals 1.4258 Canadian dollars at the mid-market rate, and 1 Canadian dollar equals 0.7014 US dollars. Customer rates include a provider margin.
How much do Canadian banks charge to exchange US dollars to Canadian dollars?
On October 7, 2026, the five banks compared showed FX margins from 2.52% to 3.14% below the market rate for a customer selling US dollars, based on their published rates. On 10,000 US dollars that is 13,900.00 to 13,811.00 Canadian dollars, compared with 14,257.50 at the mid-market rate shown above. Fees, where a bank publishes them, are separate.
Which bank had the lowest observed USD to CAD margin?
Among the five banks compared on October 7, 2026, National Bank showed the lowest observed FX margin for a customer selling US dollars, 2.52%, recorded at 9:21 a.m. ET. Scotiabank showed the highest, 3.14%. The comparison covers published rates only and changes each business day.
Can I exchange at the Bank of Canada rate?
No. The Bank of Canada publishes one indicative rate per business day. It is a reference for tax and accounting, not a rate any bank or exchange offers to customers.