CAD USD Rate Today

What is the CAD to USD rate today?

The CAD/USD exchange rate shown above is the live mid-market rate — the midpoint between the buy and sell prices on global currency markets. This is the fairest rate available, and it's what services like Wise use as their base.

Canadian banks typically add a 2–4% markup on top of this rate, which means a $10,000 CAD conversion could cost you $200–$400 more than necessary.

How to get the best CAD/USD rate

To get close to the mid-market rate shown above:

• Use Wise — charges only ~0.6% above mid-market. On a $10,000 conversion, that's just $60 in fees.
• Avoid PayPal — adds 3.5% markup on conversions.
• Skip airport kiosks — charge up to 10% above mid-market.
• Ask your bank for their posted rate — then compare it to the mid-market rate above to see the real cost.

→ Read our full guide: Best way to convert CAD to USD in Canada (2026)