International Merchandise Trade Statistics: Exports: Commodities for Canada
Canadian Dollar, Monthly, Not Seasonally Adjusted
XTEXVA01CAM664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61,232,200,000.00
Year-over-Year Change
-7.29%
Date Range
1/1/1955 - 6/1/2025
Summary
The Canadian Dollar, Monthly, Not Seasonally Adjusted trend tracks the exchange rate between the Canadian dollar and the U.S. dollar on a monthly basis without seasonal adjustments. This metric is crucial for analyzing trade, investment, and economic performance between the two neighboring countries.
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
The Canadian Dollar, Monthly, Not Seasonally Adjusted series measures the foreign exchange value of the Canadian dollar relative to the U.S. dollar on a monthly basis. This unadjusted rate is important for evaluating the competitive position of Canadian exports and the purchasing power of Canadian consumers and businesses in international markets.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market quotations.
Historical Context
Policymakers and analysts use this exchange rate trend to inform decisions around trade, monetary policy, and economic forecasting between Canada and the United States.
Key Facts
- The Canadian dollar is the world's 6th most traded currency.
- Canada is the United States' largest trading partner.
- The Canadian dollar has fluctuated between $0.69 and $0.82 USD over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly exchange rate between the Canadian dollar and the U.S. dollar without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The Canadian-U.S. dollar exchange rate is crucial for evaluating trade competitiveness, investment flows, and economic performance between the two countries.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market quotations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this exchange rate trend to inform decisions around trade, monetary policy, and economic forecasting between Canada and the United States.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant update delays, providing timely information on Canadian-U.S. exchange rate movements.
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Citation
U.S. Federal Reserve, Canadian Dollar, Monthly, Not Seasonally Adjusted (XTEXVA01CAM664N), retrieved from FRED.