The Xoom USD to CAD rate is 1.3266. This is -4.1% below the mid-rate. Compare Xoom currency conversion rates - Reduce FX costs.
|
|
|
||
|
|
|
||
|
|
|
||
|
|
|
The Xoom USD to CAD exchange rate is 1.3266. This is -4.1% compared to the latest USD-CAD mid-market rate 1.3833.
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 Xoom Dollar to Loonie comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Xoom and other foreign exchange providers against the latest USD-CAD mid-rate (see Market Data below ) and the possible savings of using various providers.
Xoom is an online international money transfer service that offers a secure and fast way to send money from either bank account or credit card from their website to friends and family.
With the Xoom bank deposit service, consumers can send money directly to bank accounts in Argentina, Australia, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, France, Germany, Guatemala, Honduras, India, Ireland, Italy, Jamaica, Mexico, Netherlands, Nicaragua, Panama, Peru, the Philippines, Poland, Spain, the United Kingdom, Uruguay and Vietnam.
Xoom offers cash pickup service to the following countries (number of locations as of 1/3/2013): Argentina (68), Bolivia (333), Brazil (3,798), Chile, (172), Colombia (981), Costa Rica (87), Dominican Republic (367), Ecuador (989), El Salvador (895), Guatemala (2,101), Honduras (692), Jamaica (494), Mexico (15,374), Nicaragua (150), Panama (18), Peru (1,073), Philippines (10,951), and Uruguay (279).
Home delivery services are offered to the Dominican Republic and the Philippines.
Consumers pay for Xoom money transfers using funds from their U.S. bank account, credit card, or debit card. The money transfers are paid out in either U.S. dollars or in local currency.
A popular alternative to Xoom is WorldRemit
US dollar (USD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/CAD | Change | Period |
|---|---|---|---|
14 May 2025 | 1.3980 | 1.1% ▼ | 2 Week |
27 Feb 2025 | 1.4447 | 4.3% ▼ | 3 Month |
28 May 2024 | 1.3648 | 1.3% ▲ | 1 Year |
29 May 2020 | 1.3773 | 0.4% ▲ | 5 Year |
31 May 2015 | 1.2457 | 11% ▲ | 10 Year |
02 Jun 2005 | 1.2476 | 10.8% ▲ | 20 Year |
Here are some popular conversion amounts for USD to CAD (US dollar to Canadian dollar)*.
*Converted at the current USDCAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent forecasts and currency market updates indicate a complex environment for the USD to CAD exchange rate. Analysts observe that the US dollar (USD) is currently under pressure due to ongoing trade jitters and heightened uncertainty surrounding US trade policies. The lack of progress in trade talks with major partners has left investors uneasy, impacting confidence in the USD. A recent tariff announcement from President Trump, which includes at least a 10% tariff on exporters to the US, adds to concerns that this could push the US economy closer towards recession. Markets are tentatively interpreting these developments as potentially part of a strategy to weaken the dollar to favor American interests, a theory gaining traction among financial circles.
Read our full review of recent USD to CAD forecasts.
There are several ways to save on exchange rates when converting US dollar to Canadian dollar:
Generally speaking, if you are buying Canadian dollar with US dollar, then it's better for the USD/CAD exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Canada — a practical currency and money guide to travel in Canada plus living and doing business with the Canadian dollar.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add USD/CAD to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United States (USD) | Canada (CAD) |
Here are a few things to consider when sending money to Canada:
Fees: Different banks and money transfer services charge different fees for international money transfers. Shop around to find the best deal and compare the fees charged by different providers.
Exchange rate: The exchange rate is the rate at which one currency is converted into another. Keep an eye on the exchange rate when sending money to Canada, as it can fluctuate and impact the amount of money you receive.
Transfer speed: Some money transfer providers offer faster transfer speeds than others. If you need the money to arrive in Canada quickly, consider a provider that offers expedited transfer speeds for an additional fee.
Transfer limits: Most banks and money transfer providers have limits on the amount of money you can send in a single transaction. Check with your provider to find out what the limits are and whether you'll need to send multiple transactions to send the amount you need.
Security: Make sure to use a reputable and secure provider when sending money to Canada. Look for a provider that uses encryption to protect your personal and financial information.
Read more at our Canada (CAD) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
^ Scroll back up to ^
^
