USD to CAD Exchange Rates

This live exchange rate calculator converts USD (United States Dollar) to CAD (Canadian Dollar) using the latest exchange rates and currency exchange information from OzForex. Convert USD to CAD using this calculator to get the most up-to-date exchange rates from live currency exchange market information.

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The United States Dollar (USD):

The United States Dollar is a far-reaching currency. It is used more than any other currency in international transactions, and it is officially used in some other sovereign countries, including Ecuador, El Salvador, and East Timur. Several overseas British Territories also use the U.S. dollar as their sole form of currency, but in an unofficial capacity. Still more nations link their national currency to the U.S. dollar via a fixed exchange rate. The U.S. dollar uses a decimal system for smaller denominations. One U.S. dollar is equal to 100 cents, also called pennies. Amounts under one dollar are only issued as coins and consist of the following: nickel (5 cents), dime (10 cents), quarter (25 cents), and half-dollar (50 cents).

The Canadian Dollar (CAD) C$:

The Canadian Dollar is the official currency of Canada. It is often distinguished from other dollars with a capital C in front of the symbol, as C$. The Canadian dollar is the seventh-most traded currency in the world. The top traded currencies are the U.S. dollar, euro, yen, English pound, Swiss franc, and the Australian dollar. The former Canadian currency was the Canadian pound, but since 1841 the country longed for a decimal monetary system based on the U.S. dollar rather than a British sterling system. Because Canada was still a British province, this effort was resisted for years, but slowly through the decades, Canada was able to implement a dollar-based decimal system in 1871.