Create a real-time currency exchange rate alert.

Convert CDN to USD

Looking to convert CDN to USD without paying inflated bank fees? Whether you’re sending funds to the U.S., managing cross-border business expenses, or planning a U.S. property purchase, we make Canadian dollar to U.S. dollar exchanges simple, secure, and affordable.

KnightsbridgeFX offers bank-beating exchange rates, no hidden fees, and same-day processing—so you can keep more of your money where it belongs.

Want to know exactly how much you’ll get when converting Canadian dollars to U.S. dollars?

Use our live currency converter to instantly compare your savings with those of traditional banks.

BNN CTV The Globe and Mail Toronto Star CBC

What Is the Canadian Dollar (CAD)?

The Canadian Dollar (CAD) is Canada’s official currency and one of the top five most-traded currencies globally. Known as the Loonie, the CAD is regulated by the Bank of Canada and plays a vital role in global trade and investment.

  • Currency Name: Canadian Dollar
  • Symbol: C$
  • ISO Code: CAD
  • Used in: Canada
  • Minor unit: 1 cent (¢)

Trusted by individuals and institutions alike, the CAD is widely used in cross-border trade—especially with the U.S., Canada’s largest trading partner. It is also frequently paired with other major currencies, such as the British pound, Australian dollar, and U.S. dollar, in global currency pair markets.

Current CDN to USD Exchange Rate

Here’s a snapshot of the most recent Canadian Dollar to United States Dollar exchange rates.

Our rates are based on the real mid-market exchange rate, not inflated bank rates.

These rates reflect the volatility of the currency market, driven by factors like interest rates, economic data, and announcements from the Bank of Canada or the U.S. central bank.

Amount (CAD) Converted to USD (approx.)
$100 $72.98
$500 $364.88
$1,000 $729.77
$5,000 $3,648.84
$10,000 $7,297.67

Want real-time quotes? Contact us today to lock in your rate with no surprises.

Why You Might Need to Convert CDN to USD

If you live in Canada and regularly deal with the U.S. — for school, work, family, or investment — you’ve probably had to convert Canadian dollars to U.S. dollars. And when you’re moving large amounts, every dollar matters.

Here’s how converting CDN to USD might apply to you:

You’re sending money to family in the U.S.

You’re sending money to family in the U.S.

You need to pay tuition, rent, or student fees for school across the border.

You need to pay tuition, rent, or student fees for school across the border.

You’re managing business expenses with U.S. vendors or clients.

You’re managing business expenses with U.S. vendors or clients.

You’re buying property or paying a mortgage in the United States.

You’re buying property or paying a mortgage in the United States.

You’re investing in U.S. stocks or retirement funds

You’re investing in U.S. stocks or retirement funds

You’re planning a vacation, move, or extended stay in the U.S.

You’re planning a vacation, move, or extended stay in the U.S.

You’re paying with a credit card in USD and want to avoid costly currency conversion fees.

You’re paying with a credit card in USD and want to avoid costly currency conversion fees.

You want better control over your money transfer costs by locking in preferred rates.

You want better control over your money transfer costs by locking in preferred rates.

Using your bank for currency conversion? You could be losing hundreds in hidden markups. At KnightsbridgeFX, we help you keep more of your money with better-than-bank rates and no surprise fees.

Why Choose KnightsbridgeFX Over the Banks?

Most banks apply markups of 2–3% on the exchange rate, quietly costing you hundreds on large transfers. At KnightsbridgeFX, we give you a smarter way to handle your foreign exchange needs.

Here’s how we compare:

  • Provider
    Exchange Rate Markup
    Transfer Fee
    Recipient Gets
    (on $10,000 CAD)
  • Major Bank
    ~2.5%
    $15–$30
    ~$7,250 USD
  • KBFX KnightsbridgeFX
    ~0.5% or less
    $0
    $7,297 USD

Save up to $200 or more on every $10,000 transfer.

Who We Help

  • Canadians living in the U.S. sending money back home.
  • Cross-border business owners managing U.S. vendor payments.

  • Real estate investors buying property in the U.S.
  • International students paying U.S. tuition.

  • Frequent travelers converting currency before trips.

Whether you’re an individual or a business, we help you get more value from your CDN to USD transfers—especially when dealing with large money transfers or regular conversions to your bank account in the U.S.

Frequently Asked Questions

What is the Canadian Dollar backed by?

The CAD is a fiat currency, meaning it's not backed by gold but by the trust in the Canadian government and economy.

Why is it called the Loonie?

The $1 coin features a common loon, a well-known Canadian bird—hence the nickname.

What does "dollar in Canada" refer to?

It refers to the Canadian dollar (CAD), Canada’s official fiat currency issued by the Bank of Canada.

How can I get the best CAD rate?

Avoid bank mark-ups by using transparent platforms like KnightsbridgeFX that offer real conversion rates without hidden fees—ideal for any money transfer or foreign exchange need.

Can I set a rate alert?

Yes—use our “Create a currency alert” feature to get notified when the CAD rate matches your ideal level.

How quickly will my transfer complete?

Most international money transfers are completed the same business day once your bank account funding is confirmed.

Are there minimum or maximum transfer amounts?

We specialize in transfers of $5,000+ CAD but can accommodate smaller amounts on request. Whether it's a small credit card payment or a large business money transfer, we offer flexibility and great rates.

How is the mid-market rate different from the “real” rate?

The mid-market rate is the midpoint between buy and sell rates in the global market. Major banks add mark-ups on top of it—unlike us.

Ready to Convert CDN to USD at a Better Rate?

You work hard for your money—don’t lose it to poor exchange rates.

Stop letting banks take more than they should. Get better rates, better service, and better results with KnightsbridgeFX.

Related Blog Articles

Stay informed with expert insights and market updates to help you make the most of your CDN to USD exchanges:

Canadian Dollar Update – Canadian dollar still drifting

French government falls-Euro yawns US nonfarm payrolls revisions data due today US dollar continues to slide, and CAD…

Canadian Dollar Update – Canadian dollar under pressure

Trump announces candidates for Fed Chair Opec increases production US dollar trading defensively   USDCAD open 1.37950, overnight…

Canadian Dollar Update – Canadian dollar awaiting jobs data

US and Canadian jobs data ahead Fed rate cut on September 17 is fully priced in US dollar…