5 CAD to USD Current Exchange Rate and Trends

Author

Reads 1K

Man at a currency exchange office window, showing currency rates inside a bustling city.
Credit: pexels.com, Man at a currency exchange office window, showing currency rates inside a bustling city.

The CAD to USD exchange rate can be a bit tricky to navigate, but understanding the current trends can help you make informed decisions. The current exchange rate is around 0.77 USD for every 1 CAD.

This rate has been fluctuating over the past few months, with a low of 0.75 USD in January and a high of 0.79 USD in March. It's essential to stay up-to-date on these changes to avoid losing money on international transactions.

In recent times, the CAD has been performing relatively well against the USD, thanks to Canada's strong economy and low unemployment rates. This has led to a slight increase in the exchange rate, making it a good time to convert your CAD to USD if you need to.

Conversion Rates

If you want to know the exact value of 5 Canadian dollars in US dollars, you can refer to the conversion rates listed below.

The current exchange rate for 5 CAD is 3.4606 USD.

You can also use a currency converter to get the most up-to-date exchange rate.

Here's a breakdown of the conversion rates for 5, 10, 15, 20, and 25 CAD:

Stats

Credit: youtube.com, 5 questions for CAD and USD

The CAD to USD exchange rate has seen its fair share of fluctuations in recent times. The 30-day average exchange rate was 0.6985, with a 30-day high of 0.7067 and a low of 0.6915.

Looking at the bigger picture, the 90-day average exchange rate was 0.7120, with a high of 0.7342 and a low of 0.6915. This shows a notable decrease in the exchange rate over the past three months.

Interestingly, the CAD/USD rate has decreased by -5.73% over the past 90 days, indicating a decline in the value of the Canadian Dollar compared to the US Dollar.

Exchange Rates and History

The Canadian Dollar has decreased in value against the US Dollar over the years, with a year-to-date decrease of -0.51% and a 10-year decline of -4.11%.

This decline in value means the Canadian Dollar has lost purchasing power compared to the US Dollar over the last decade.

The average exchange rate from January 2024 to January 2025 was 0.7294 US Dollars per Canadian Dollar.

Highest CAD Exchange Rate in 10 Years

Credit: youtube.com, What was the highest USD to CAD exchange rate?

The highest CAD to USD exchange rate in the last 10 years was on June 2, 2021, when each Canadian Dollar was worth 0.8305 US Dollars.

If you were to travel to the US on that day, you would have gotten a great exchange rate, making your trip more affordable.

The Canadian Dollar has decreased -0.51% year-to-date against the US Dollar, which is a significant drop in just a short period.

This decline in the Canadian Dollar's value means that it's lost purchasing power compared to the US Dollar over the last decade.

The Canadian Dollar's decline against the US Dollar over the past 10 years is a staggering -4.11%.

Dollar Exchange Rate

The Canadian Dollar has seen a decline against the US Dollar, decreasing by -0.51% year-to-date and -4.11% over the past 10 years. This means the Canadian Dollar has lost purchasing power compared to the US Dollar over the last decade.

To put this into perspective, 1 CAD is currently worth 0.6921 USD, which is a significant drop from its past value. The Canadian Dollar has been weakening against the US Dollar, making it a less valuable currency.

Credit: youtube.com, Exchange Rates and Trade

If you're looking to convert Canadian dollars to US dollars, you can use a currency converter, which will show you the current CAD to USD rate and how it's changed over the past day, week, or month. Simply type in the box how much you want to convert, select CAD as the currency to convert and USD as the currency to convert to, and our converter will do the rest.

Here's a snapshot of the current exchange rate:

The US Dollar is currently stronger than the Canadian Dollar, with 1 USD equaling 1.4449 CAD. This means that if you're looking to travel or do business in the US, you'll need to exchange your Canadian dollars for US dollars, which can be done through a currency converter or a bank.

Conversion Tools and Charts

To convert Canadian dollars to US dollars, you can simply use a conversion tool or chart. The value of the converted currency will be displayed according to the most recent exchange rate.

Using a reliable conversion tool can save you time and effort, and ensure you get the most up-to-date exchange rate.

Top Currency Pairings

Credit: youtube.com, How to Trade the USD/CAD Forex Pair

The top currency pairings for Canadian dollars are quite popular among travelers and investors alike. CAD to USD is one of the most widely traded currency pairs, with a significant volume of transactions occurring daily.

CAD to INR is another major pairing, with the rupee being the official currency of India. The exchange rate between CAD and INR can fluctuate significantly based on global market trends.

CAD to EUR is a key pairing for Canadians traveling to the European Union or investing in European markets. This pairing is also heavily influenced by global economic factors.

CAD to GBP is a popular pairing for Canadians visiting the UK or investing in British markets. The exchange rate between CAD and GBP can be quite volatile due to various economic and political factors.

CAD to PKR is a less common pairing, but it's essential for Canadians traveling to or investing in Pakistan. The exchange rate between CAD and PKR can be affected by local economic conditions and government policies.

Credit: youtube.com, Don't Trade USD/CAD until you see This! How to Trade USD/CAD like a Pro

CAD to AUD is another important pairing for Canadians traveling to or investing in Australia. This pairing is heavily influenced by the country's strong economy and natural resources.

CAD to CNY is a significant pairing for Canadians traveling to or investing in China. The exchange rate between CAD and CNY can fluctuate based on global market trends and China's economic growth.

Sean Dooley

Lead Writer

Sean Dooley is a seasoned writer with a passion for crafting engaging content. With a strong background in research and analysis, Sean has developed a keen eye for detail and a talent for distilling complex information into clear, concise language. Sean's portfolio includes a wide range of articles on topics such as accounting services, where he has demonstrated a deep understanding of financial concepts and a ability to communicate them effectively to diverse audiences.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.