1 US dollar to Canadian dollars Exchange Rate. Convert USD/CAD - Wise (2024)

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1 US dollar to Canadian dollars Exchange Rate. Convert USD/CAD - Wise? ›

1 USD = 1.36514 CAD Apr 29, 2024 00:55 UTC

Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently.

1 USD = 1.36514 CAD Apr 29, 2024 00:55 UTC

Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently.

To convert US Dollars ($, USD) to Canadian Dollars (CAD), we multiply the given value of US Dollars by 1.26 because 1 US Dollar = 1.26 Canadian Dollars. Want to find complex math solutions within seconds? Use our free online calculator to solve challenging questions.

While some merchants in Canada may accept US Dollars, it is not widely accepted and you may receive a poor exchange rate. It's recommended to use Canadian Dollars when in Canada.

Carry USD to Canada

Though this currency is widely accepted at retailers, hotels, and border crossings, smaller rural areas prefer the local currency and do not accept USD. Hence, you need to use the Canadian official currency for your local cab fare, laundromats and other things.

Wise always gives you the real exchange rate, just like the one you'll see on Google. So when you make an international money transfer, you'll know exactly what you're getting. No nasty surprises — just the best Canadian dollar rate, with a fair, transparent fee upfront.

What is the strongest currency in the world? ›

The Kuwaiti dinar is the strongest currency in the world, with 1 dinar buying 3.26 dollars (or, put another way, $1 equals 0.31 Kuwaiti dinar). Kuwait is located on the Persian Gulf between Saudi Arabia and Iraq, and the country earns much of its wealth as a leading global exporter of oil.

On average, living in the USA tends to be more expensive compared to Canada. However, it's vital to understand that these costs vary significantly within each country. While some expenses may be higher in Canada, such as food and real estate, the USA faces higher costs in areas like healthcare and education.

Analyst forecasts for 2025 predict further gradual depreciation of the USD against the CAD, with the exchange rate falling from 1.31561 CAD to around 1.29-1.31 CAD by the end of the year (ExchangeRates.org.uk, as for February 22, 2024).