Canadian Dollar (CA$) to US Dollar ($) Conversion
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada and the sixth most traded currency in global foreign exchange markets. Often called the "loonie" after the loon bird on its one-dollar coin, the CAD is closely correlated with commodity prices — particularly oil, as Canada is one of the world's largest oil exporters. The Bank of Canada manages monetary policy independently of the US Federal Reserve, though the close trade relationship between Canada and the United States means the CAD/USD rate is one of the most watched currency pairs.
US Dollar
The US Dollar (USD) is the world's primary reserve currency, involved in approximately 88% of all foreign exchange transactions globally. Established by the Coinage Act of 1792, the dollar transitioned to a pure fiat currency in 1971 when President Nixon ended its convertibility to gold — the collapse of the Bretton Woods system that had pegged all major currencies to the USD at fixed rates since 1944. Today the dollar serves as the global pricing currency for commodities including oil, gold, and most internationally traded goods.
| Canadian Dollar (CA$) | US Dollar ($) |
|---|---|
| CA$ 0.1 | $ 0.1 |
| CA$ 1 | $ 1 |
| CA$ 2 | $ 2 |
| CA$ 3 | $ 3 |
| CA$ 5 | $ 5 |
| CA$ 10 | $ 10 |
| CA$ 20 | $ 20 |
| CA$ 30 | $ 30 |
| CA$ 50 | $ 50 |
| CA$ 100 | $ 100 |
| CA$ 1000 | $ 1000 |