Convert CAD to USD — Live Exchange Rate

How to convert CAD to USD

To convert CAD to USD, multiply the amount in Canadian dollars by the exchange rate. To go from USD back to CAD, divide by the same rate.

At today's rate, 500 CAD × 0.7105 = 355.27 USD. In the other direction, 1 USD is worth about 1.4074 CAD.

If a bank or transfer service applies a 2% margin, the same 500 CAD would get you about 348.16 USD — 7.11 USD less than the mid-market figure. That is why the rate you are quoted is worth checking against the one on this page.

About converting Canadian Dollar to US Dollar

Converting Canadian dollars to US dollars is an everyday calculation for cross-border shoppers, snowbirds, and Canadian firms billing US clients. The rate tracks oil prices and the interest-rate gap between the two countries.

The figures here use the mid-market rate — the rate banks use between themselves. When you actually exchange Canadian Dollar for US Dollar, your provider adds a margin and may charge a fee, so the amount you receive is usually slightly below the headline rate. Comparing the all-in cost across providers, rather than the advertised rate alone, is the simplest way to keep more of your money.

Disclaimer: rates are for general information and estimation only and may be delayed. They are not a quote and not financial advice. Confirm the exact rate with your bank or a licensed provider before making a transaction.

Method & sources

Rates come from the Frankfurter API, which republishes the euro foreign-exchange reference rates set by the European Central Bank once per working day (around 16:00 CET). Our server caches them for up to one hour, and cross rates such as USD to INR are derived from the two euro rates. No rates are published at weekends or on ECB holidays, so the latest working-day rate is shown.

These are mid-market reference rates. Banks, card networks, transfer services and airport kiosks add a spread or fee on top — commonly 1–3% for cards and more for cash — so the amount you actually receive will usually be lower than the figure shown here.

• European Central Bank — euro foreign exchange reference rates
• Frankfurter API

Disclaimer: results are estimates for educational purposes only and are not financial, tax or legal advice. Verify important figures with a qualified professional or the official source before making decisions.

Page last updated: October 1, 2026