USD to CAD Exchange Rate 2021 Overview and History

The USD to CAD exchange rate in 2021 was a topic of great interest, especially for those with investments or travel plans in Canada. The exchange rate fluctuated significantly throughout the year.

The Canadian dollar began 2021 at a rate of around 1 USD to 1.27 CAD, but it didn't stay that way for long. In fact, it reached a high of 1 USD to 1.32 CAD in February.

The Bank of Canada's interest rate decision in March had a notable impact on the exchange rate, causing it to dip to around 1 USD to 1.26 CAD. This was a significant drop from its peak earlier in the year.

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The USD to CAD exchange rate in 2021 was down by 0.70%, meaning the US Dollar decreased in value compared to the Canadian Dollar.

The highest level of the USD/CAD rate in 2021 was 1.2963, reached on December 20th of that year.

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The lowest level of the year was 1.2006, which was recorded on June 1st.

The average level of the USD/CAD rate in 2021 was 1.2534, giving you a sense of the overall trend.

This significant drop in the USD/CAD rate might have been a good time to exchange your US Dollars for Canadian Dollars if you were traveling or doing business in Canada.

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The USD to CAD exchange rate on December 31, 2021, was quite stable, with the Canadian dollar hovering around 1.26 USD.

You can see the exact conversion rates in the table below:

Converting the rates in the opposite direction, we see that $1 CAD was equivalent to $0.7911 USD on December 31, 2021.

The USD to CAD exchange rate in 2021 was down by 0.70%, meaning the US Dollar decreased in value compared to the Canadian Dollar.

You can see the exact exchange rate for 2021 in the historical chart, which shows the rate for each day of the year.

The exchange rate for December 31, 2021, was particularly interesting, with $1 USD equaling $1.2641 CAD.

Here's a breakdown of the exchange rate for different amounts of USD to CAD on December 31, 2021:

As you can see, the exchange rate for $100 USD was $126.41 CAD on December 31, 2021.

The USD to CAD exchange rate in 2021 was a wild ride. The highest level of 2021 was 1.2963, reached on December 20, 2021.

The lowest level of 2021 was a significant drop to 1.2006, which occurred on June 1, 2021. This highlights the fluctuations in the exchange rate throughout the year.

The average level of 2021 was a steady 1.2534, giving traders and travelers a benchmark to work with.