Understanding the Table:
The comparison table above helps you see the total cost of your Bank of Montreal currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
US dollar (USD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Canadian dollar is to review how the USD/CAD rate has changed over time.
The table below shows the percentage change in the USD to CAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | USD/CAD | Change | Period |
|---|---|---|---|
13 Jun 2025 | 1.3591 | 0.3% ▲ | 2 Week |
29 Mar 2025 | 1.4382 | 5.2% ▼ | 3 Month |
27 Jun 2024 | 1.3701 | 0.5% ▼ | 1 Year |
28 Jun 2020 | 1.3680 | 0.3% ▼ | 5 Year |
30 Jun 2015 | 1.2460 | 9.4% ▲ | 10 Year |
02 Jul 2005 | 1.2358 | 10.3% ▲ | 20 Year |
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
*Converted at the current USD-CAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best USD to CAD exchange rate is our partner deal rate of 1.3642 from OFX . This is -0.5% compared to the mid-market rate 1.3711.
The standard OFX USD-CAD rate is 1.3368, -2.5% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above Bank of Montreal - Dollar to Loonie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bank of Montreal and other foreign exchange providers against the latest USD-CAD mid-rate and the possible savings of using various providers.
Looking at the full USD to CAD - Send Money comparison table the provider with the best USD to CAD exchange rate is OFX at 1.3642, -0.5% from the latest mid-market rate 1.3711.
The next best is XE at 1.3628, -0.61% from the mid-rate.
Then Wise at 1.3621, which is -0.66% from the mid-rate.
The Western Union rate is 1.3573 which is -1% from the mid-rate.
Among the banks the Chase Bank rate is 1.2614 at -8% the Wells Fargo Bank rate is 1.2532 at -8.6% and the Citibank rate is 1.3162 at -4% compared to the mid-rate 1.3711.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Bank of Montreal often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
