Canada Exchange Rate
Jul 2026 · Monthly
Canada's official period-average FX rate versus the USD fell to 1.3904 in August, from 1.4096 in July. The August level was above the 1.3802 recorded a year earlier and above the 1.3651 recorded in February. It remains far below the all-time high of 1.6003 in January 2002 and far above the all-time low of 0.9477 from October 1959, according to the International Monetary Fund.
source: International Monetary Fund
The Canadian dollar weakened to 1.4096 per USD in July 2026 from 1.4040 in the prior month. The exchange rate remains well below the all-time high of 1.6003 recorded in January 2002 and above the record low of 0.9477 from October 1959.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 1.41 per USD | 1.40 per USD | 1.60 per USDJan 2002 | 0.95 per USDOct 1959 | 1957 – 2026 | Monthly |
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| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Interest Rate | 2.3% | 2.3% | 21.1% | 0.3% | Aug 2026 | Monthly |
| Foreign Exchange Reserves | $127.4B | $127.0B | $128.8B | $29.5B | Aug 2026 | Monthly |
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About this series
Exchange Rate in Canada averaged 1.28 per USD from 1957 until 2026, reaching an all-time high of 1.60 per USD in Jan 2002 and a record low of 0.95 per USD in Oct 1959. The series is reported monthly with history from 1957.
The indicator measures the official period-average foreign exchange rate of the Canadian dollar against the US dollar, expressed in local currency units per one US dollar. Data are reported on a monthly basis. The series spans from January 1957.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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