Create a real-time currency exchange rate alert.

CAD to USD Exchange Rate

Banks charge huge hidden fees when exchanging money. Get exchange rates up to 2% better than the banks.

BNN CTV The Globe and Mail Toronto Star CBC
Toronto Star

“I saved a huge amount…about $3,000 over the bank quoted for U.S. dollars…everything went as smooth as a dream”

David Newman – Florida Property Buyer interviewed by the Toronto Star

CBC

“You can save hundreds, if not thousands of dollars”

Terry Ritchie – Calgary-based financial planner who specializes in cross-border financial issues.

The Globe and Mail

“KnightsbridgeFX is an online currency exchange company that seeks to undercut foreign exchange rates offered by larger financial institutions”

Preet Banerjee – columnist, for the Globe and Mail

“KnightsbridgeFX is “the costco’s of foreign exchange”

Financial Advisor quoted in the Globe and Mail

Why choose KnightsbridgeFX

Why choose KnightsbridgeFX
  • Secure

    Secure

    KnightsbridgeFx is registered with FINTRAC, under the MSB registration number M09819788.

  • Fast

    Fast

    We offer same day delivery of funds to your desired destination if booked before bank cut-off.

  • Best Rate Guarantee

    Best Rate Guarantee

    We guarantee to beat your bank’s exchange rate. Period. In fact, we call the banks every morning to ensure our exchange rates are significantly better. You can save hundreds to thousands of dollars.

  • Transparent

    Transparent

    You’ll get a confirmation of the agreed upon exchange rate in writing before you send funds.

  • Convenient

    Convenient

    Register and book a transaction in minutes and send funds conveniently through any Canadian bank.

  • Great Customer Service

    Great Customer Service

    We understand that fast, efficient, and friendly service makes a difference.

Video Thumbnail
Play Button

CAD to Euro Exchange Rate

If you’re looking for a reliable and straightforward way to transfer or convert your Canadian dollar to USD, KnightsbridgeFX is here to help you. Our Cad to US dollar exchange program is tailored to offer our clients the best exchange rates with no hidden costs. Not to mention, our money transfer services don’t take long like most banks.

Exchange Rate CAD to USD: Biggest Influence Factors

A country’s foreign exchange rate reflects its economic growth and stability. Numerous factors, such as interest and inflation rates, can influence the exchange rate between Canadian dollars and US dollars.

Now, let’s delve a bit deeper into some of these most significant factors that influence the Canadian dollar to US dollar rate.

Interest Rates

Besides influencing the exchange rate, the interest rates can also affect the value of the Canadian currency. An increase in the interest rates causes the Canadian currency to appreciate, attracting more foreign investors. Consequently, the exchange rates will rise.

However, if the foreign investors expect the Canadian dollar to decrease in value in the future, the demand for higher interest rates increases. Despite the decline in the interest rates, KnightsbridgeFX still offers better exchange rates compared to banks.

Inflation Rates

Inflation refers to the general increase in prices of goods and services over time. Any change in market inflation affects the Canadian currency’s exchange rate.

If the inflation rate in Canada is higher than that of other countries, the Canadian dollar’s purchasing power will reduce automatically, decreasing its value in the foreign market.

Commodity Prices

There is a strong correlation between the Canadian currency’s value and the world’s commodity prices. An increase in the Canadian dollar rate is linked to the rise in commodity prices as a result of the high demand for commodities by the Americans.

Canada exports goods such as timber and natural gas to the United States. When the demand for such commodities increases, the prices will also rise, prompting the Canadians to sell them at higher prices. As a result, the Canadian dollar will gain value.

Foreign Investment and Debt Payment

As the number of foreign investors increases in Canada, the demand for the Canadian dollars will rise, increasing the exchange rate. Conversely, Canadians investing in foreign countries like the United States push down the Canadian dollar exchange rate. When Canadians pay lots of debts to foreign countries, the exchange rate tends to go down.

International Trade of Goods and Services

If Canada exports more commodities than what they import (trade surplus), the exchange rates are most likely to increase due to the rise in demand for the Canadian currency. However, if the imports exceed the exports, the exchange rate may decline because of an increase in the supply of Canadian money.

Best Canadian Dollar to USD Exchange Rate: How KnightsbridgeFX Does It?

With our competitive Canadian dollar exchange rates, we guarantee the best prices and free money transfer to our esteemed customers. Read on and learn how we achieve that.

Large Transactional Volume

With KnightsbridgeFX, you can always be sure to receive the exchange rates no matter how large the amount. Our large transactional volume gives us a competitive advantage over other financial institutions. We buy the currencies in bulk and convert them for our clients at reasonable exchange rates.

No Hidden Fees

Whether it’s a commercial currency exchange for business or an international money transfer, KnightsbridgeFX doesn’t charge additional fees. The exchange rate you get from us includes every cost. Knightsbridge Foreign Exchange Group has no hidden costs to help you save your money.

Special Foreign Currency Exchange Pricing

But how do KnightsbridgeFX get such fantastic exchange rates? As a competent and reliable financial institution, we focus on giving the best pricing to our customers to allow them to save up to 2% compared to the banks’ exchange rates.

With our large transaction volumes, we negotiate with top Canadian financial institutions to get the special foreign currency exchange rates and pricing, making our customers rely on our services consistently. We convert CAD to USD at affordable prices.

KnightsbridgeFX: One-Stop Solution for Your Currency Exchange Needs

As a reliable provider of foreign currency exchange and international money transfer services, we are committed to offering the best exchange rate guarantee. We focus on beating any bank’s exchange rates to meet the financial needs of our clients.

KnightsbridgeFX offers competitive foreign currency exchange rates, timely transfer of funds, and quality services. Sign up now for free to get started and have an experience with our excellent money-saving services. Use our currency converter to check the current exchange rate for 1 CAD to USD. Get Started!

Stop overpaying with your bank on foreign exchange

We are built to beat bank exchange rates and save you money

Frequently Asked Questions

We are guaranteed to offer you a better exchange rate than your financial institution. If you find a better rate from a competitor, once we verify the exchange rate quote we guarantee that we will beat their rate.

Our typical transaction size is between $2,000 per transaction and up to $40 million annually. We like to keep our minimum to $2,000 but we have some flexibility.When sending funds outside of Canada, intermediary banks and receiving banks may charge the receiving customer to receive a transfer.

Client funds are held in segregated client account at a major Canadian financial institution, separate from operating accounts, and are completely secure. A trade confirmation contract on our letterhead is sent to you upon execution of your currency transaction confirming all agreed upon details for your records. All transactions have a confirmation number and can be traced electronically with Canadian banks. Funds can be transferred quickly, generally same-day or next business day back to your specified destination. Funds are transferred securely by wire transfer or direct deposit.

All companies that transmit money in Canada must be registered and regulated by FINTRAC. We are registered and regulated by FINTRAC ( a Government of Canada agency) and our registration number is M09819788.

Over several billions of dollars have been converted for thousands of our Canadian clients and we have a number of testimonials in third party reputable business media including the Toronto Star and Globe and Mail.

Our client account and relationship with our Canadian financial institution is in good standing and they are willing to verify this with a bank letter or phone reference (please contact us if required).

We are conveniently integrated with all Canadian banks and you can test our service with a small amount to see how it works.

The rates change based on the amount you exchange. You can check the rate at any point by using the exchange calculator in your online account or our website . Furthermore, if you call or email us with the amount you want to exchange, we can give you the rate inclusive of our fees based on the dollar amount you are exchanging.

We are not able to accept payments by cash, cheque, or bank draft.

Our large transactional volume allows us to obtain purchasing power – we buy in bulk and pass on the great exchange rates to you along with free wire transfers. Moreover, unlike us, banks have very complex infrastructures and charge hidden fees to be able to cover their costs.

Banks are required to work with us for anti-competitive reasons.

You can easily open a free corporation account by clicking here or navigating to the Sign Up page in the top menu. Follow the registration steps, provide your company information, and upload the required validation documents. Once your account is activated, you can start booking your first trades.