Canadian Dollars to U.S. Dollar Spot Exchange Rate

DEXCAUS • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.38

Year-over-Year Change

0.53%

Date Range

10/4/2021 - 8/1/2025

Summary

The Canadian Dollars to U.S. Dollar Spot Exchange Rate tracks the daily market value of Canadian currency in terms of U.S. dollars. This metric is crucial for understanding cross-border trade, investment flows, and economic interactions between Canada and the United States.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This exchange rate represents the current market price for converting Canadian dollars into U.S. dollars in real-time trading. Economists and financial analysts use this indicator to assess relative economic strength, trade competitiveness, and potential currency valuation trends.

Methodology

The rate is calculated based on live foreign exchange market transactions, typically sourced from interbank trading platforms and financial institutions.

Historical Context

Central banks, international traders, and policymakers use this exchange rate to inform monetary policy, trade strategies, and cross-border economic decision-making.

Key Facts

  • Reflects real-time market valuation of Canadian currency
  • Influenced by economic indicators from both countries
  • Critical for international trade and investment decisions

FAQs

Q: How often does the Canadian dollar exchange rate change?

A: The exchange rate fluctuates continuously during trading hours, with significant changes possible based on economic news and market conditions.

Q: What factors impact the Canadian dollar's value?

A: Commodity prices, interest rates, economic performance, and geopolitical events can significantly influence the exchange rate.

Q: How is the DEXCAUS rate calculated?

A: The rate is determined by current foreign exchange market transactions, representing the most recent price for converting Canadian dollars to U.S. dollars.

Q: Why do businesses and investors track this exchange rate?

A: The rate helps businesses manage currency risk, plan international transactions, and make informed investment decisions between the two economies.

Q: How frequently is the DEXCAUS data updated?

A: The exchange rate is updated in real-time during market hours, with daily closing rates typically recorded by financial data providers.

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Citation

U.S. Federal Reserve, Canadian Dollars to U.S. Dollar Spot Exchange Rate [DEXCAUS], retrieved from FRED.

Last Checked: 8/1/2025

Canadian Dollars to U.S. Dollar Spot Exchange Rate | US Economic Trends