International Merchandise Trade Statistics: Exports: Commodities for Canada
Canadian Dollar, Monthly, Seasonally Adjusted
XTEXVA01CAM664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60,827,200,000.00
Year-over-Year Change
-8.84%
Date Range
1/1/1955 - 6/1/2025
Summary
The Canadian dollar exchange rate, measured monthly and seasonally adjusted, tracks the value of the Canadian dollar relative to the U.S. dollar. This key economic indicator is closely monitored by policymakers, analysts, and businesses engaged in international trade and investment.
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 exchange rate is a measure of the Canadian dollar's purchasing power compared to the U.S. dollar. It is a crucial indicator of Canada's economic performance and trade competitiveness, influencing import/export dynamics, inflation, and investment decisions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market quotations.
Historical Context
The Canadian dollar exchange rate is a key input for monetary and fiscal policy decisions in both Canada and the United States.
Key Facts
- The Canadian dollar is the 5th most traded currency globally.
- Canada is the United States' largest trading partner.
- The Canadian dollar has fluctuated between $0.69 and $0.85 USD over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Canadian dollar exchange rate measures the value of the Canadian dollar relative to the U.S. dollar on a monthly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Canadian dollar exchange rate is a critical indicator of Canada's economic performance and trade competitiveness, influencing import/export dynamics, inflation, and investment decisions.
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: The Canadian dollar exchange rate is a key input for monetary and fiscal policy decisions in both Canada and the United States.
Q: Are there update delays or limitations?
A: The Canadian dollar exchange rate data is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Canadian Dollar, Monthly, Seasonally Adjusted (XTEXVA01CAM664S), retrieved from FRED.