$100 CAD equals approximately $71.94 USD at the current exchange rate. The exact amount changes every business day based on the Bank of Canada reference rate.

The current exchange rate is 1 CAD = ~0.7194 USD. Below is a full conversion table for common Canadian dollar amounts, plus what affects the rate and how to get the best deal when converting.

CAD to USD Conversion Table

Based on the current Bank of Canada rate. Values update automatically.

Canadian Dollars (CAD)US Dollars (USD)
$1 CAD$0.72 USD
$5 CAD$3.60 USD
$10 CAD$7.19 USD
$20 CAD$14.39 USD
$50 CAD$35.97 USD
$100 CAD$71.94 USD
$200 CAD$143.88 USD
$500 CAD$359.71 USD
$1,000 CAD$719.42 USD
$5,000 CAD$3,597.12 USD
$10,000 CAD$7,194.24 USD

How Has the CAD/USD Rate Changed?

The Canadian dollar has been consistently weaker than the US dollar, but the gap fluctuates with economic conditions.

PeriodRate (1 CAD = X USD)$100 CAD =
March 2026 (now)0.7194$71.94 USD
November 2025 (CAD weakest)0.6878$68.78 USD
March 2025 (1 year ago)~0.730~$73.00 USD
2021 average0.7974$79.74 USD
2021 high (CAD strongest)0.8306$83.06 USD

In short: $100 CAD buys about $11 less USD today than it did at the 2021 peak, when the Canadian dollar was at its strongest. The CAD hit its weakest point in November 2025, when $100 CAD was worth only $68.78 USD.

What Affects the CAD/USD Rate?

Interest rate differential

The Bank of Canada rate is currently 2.25%, while the US Federal Reserve holds at 3.50%–3.75%. This ~1.3% gap weakens the CAD because investors earn more holding US dollars. When the gap narrows, the CAD typically strengthens.

Oil prices

Canada is a major oil exporter — roughly $170 billion worth of energy exports to the US in 2025 alone. When oil prices rise, the Canadian dollar tends to strengthen. When oil drops, CAD weakens against the USD.

Trade policy

US tariff threats against Canadian goods have weighed on the CAD in 2025–2026. The USMCA joint review scheduled for July 2026 is the next major risk event that could move the rate significantly.

Best Way to Convert CAD to USD

MethodCost on $100 CADYou Receive
Wise~CA$0.60 (0.6%)~$71.51 USD
Credit card (no FX fee)~CA$2.50 (2.5%)~$70.14 USD
Canadian bank~CA$2.50–$3.00 (2.5–3%)~$69.78–$70.14 USD
Airport kiosk~CA$9.00 (9%)~$65.47 USD

On $100, the difference is small. But on $1,000 or $10,000, the gap between Wise (~CA$6 fee) and a bank (~CA$35 fee) adds up fast. For amounts above CA$5,000, Norbert's Gambit saves even more.

Frequently Asked Questions

At the current exchange rate of approximately 1 CAD = 0.7194 USD, $100 Canadian dollars equals about $71.94 US dollars. This changes every business day — use our converter for the live rate.
The main reason is the interest rate differential — Canada's rate (2.25%) is lower than the US rate (3.50–3.75%), so investors prefer holding US dollars. Oil prices and trade uncertainty also affect the CAD. In 2021, when oil was high and rate differentials were smaller, the CAD was worth over $0.83 USD.
For small amounts (under CA$3,000), Wise gives the best rate at approximately 0.6% total cost. For large amounts (CA$5,000+), Norbert's Gambit through a Canadian brokerage account costs CA$20–$35 total versus CA$125–$375 at a bank. Avoid airport kiosks — they charge 8–10%.

Related: 5 Best Ways to Convert CAD to USD · Norbert's Gambit Guide · Bank Fees: RBC vs TD vs BMO

Sources: Bank of Canada Valet API (daily reference rate) · Exchange-Rates.org (historical data) · Bank of Canada press release, March 18, 2026 · Federal Reserve FOMC Statement, March 18, 2026