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Written by Jere Salmisto·Reviewed by CalcFi Editorial·Last verified: 2026-05-13
TL;DR: 1 CAD = 0.7228 USD at the latest European Central Bank mid-market rate (2026-05-27). Banks typically charge 1-3% over this rate; airports 5-10%. For tax reporting, the Treasury Reporting Rate of Exchange is the more defensible source. Source: ECB / Frankfurter.

🇨🇦 CAD to USD currency converter

1
CAD = 0.7228
USD

Rate updated: 5/27/2026 UTC

Convert CAD to USD

1 CAD = 0.7228 USD

Rates updated: 5/27/2026

0.72
$ USD
1.00 C$ CAD

Quick Conversion Table

CADUSD
10.72
53.61
107.23
5036.14
10072.28
500361.42
1,000722.84
5,0003614.20

🇨🇦 About Canadian Dollar

Canadian Dollar (code: CAD) is the currency of Canada. One unit is divided into 100 subunits (cents/pennies in most cases). Exchange rates fluctuate based on economic conditions, interest rates, and geopolitical events.

🇺🇸 About US Dollar

US Dollar (code: USD) is the currency of United States. When converting to USD, the current rate of 0.7228 USD per CAD applies.

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CAD to USD FAQs

What affects CAD/USD exchange rates?

Exchange rates are influenced by interest rates, inflation differentials, economic growth, political stability, and market sentiment. Central bank policy decisions and major economic releases can cause significant daily movements in the CAD/USD rate.

How often do these rates update?

Rates on this page update hourly via the Frankfurter API. However, actual market rates in the forex market fluctuate constantly (every second during trading hours). For very large transactions, check live rates from your bank or forex broker immediately before converting.

Will I get this exact rate when I exchange?

Unlikely. This calculator shows the mid-market rate (the rate between banks). When you exchange currency, you'll receive a worse rate. Banks and exchanges typically charge a 1-3% spread. Some providers charge even more, especially at airports or for tourist exchanges.