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🇺🇸 USD / 🇨🇦 CAD ✓ Official Mid-Market Rate (0% Markup) Independent Analysis

USD to CAD Exchange Rate & Bank Wire Fee Comparison (2026)

Convert US Dollar (USD) to Canadian Dollar (CAD). The live interbank midpoint rate is 1 USD = 1.3850 CAD. Compare hidden currency conversion spreads across major international wire systems.

Live Converter

USD to CAD Real-Time Calculator

Sourced via Central Bank Interbank Feeds
Quick amounts
$
→
C$
1,385.00
Official benchmark rate (0% markup applied)
Rate Alert Monitor

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Historical Benchmarks

USD to CAD Historical Exchange Rates

Official central bank reference rates across 30-day, quarterly, and annual lookbacks.

Official Reference Feeds
Period Interbank Midpoint Yield on $1,000 Trend / Variance
Today (Interbank Midpoint) 1 USD = 1.3850 CAD C$1,385.00 Current Live Rate
30 Days Ago 1 USD = 1.3795 CAD C$1,379.46 +0.4% (Higher)
90 Days Ago (Quarterly) 1 USD = 1.4016 CAD C$1,401.62 -1.2% (Lower)
180 Days Ago (Half-Year) 1 USD = 1.3559 CAD C$1,355.91 +2.1% (Higher)
1 Year Ago (52W Midpoint) 1 USD = 1.3850 CAD C$1,385.00 +0.0% vs Annual Baseline
Settlement Timeline

USD to CAD Delivery & Settlement Windows

Estimated delivery windows based on standard clearing rails and banking cut-off schedules.

Target System: Interac / EFT (Transit & Institution Number)
Direct Domestic Rail 0 - 2 Hours

Local Automated Clearing

Transfers settling through local domestic rails (Interac / EFT (Transit & Institution Number)) typically clear within hours during standard operating windows.

Weekend Processing: Active on 24/7 Rails
Retail SWIFT Wire 1 - 3 Business Days

Correspondent Banking

Traditional commercial banks route through intermediary correspondent networks, adding clearing stops and compliance verifications.

Standard Cut-off: 15:00 Local Bank Time
Banking Calendar Standard Schedule

Cut-off & Holiday Factors

Wires sent after Friday 15:00 local time or during official bank holidays in either origin or destination will hold until Monday morning.

Holiday Settlement: Next Business Day
⚠️

Important Clearing Disclaimer: Settlement timeframes are estimates based on standard bank operating windows and domestic clearing rail architectures (Interac / EFT (Transit & Institution Number)). Actual arrival is subject to originating bank cut-off deadlines, correspondent intermediary verification checkpoints, and international AML/KYC screening. Not a contractual arrival guarantee.

Transfer Preparation

Required Details to Wire USD to CAD

Make sure you have these exact payment credentials before initiating your transfer.

1. Recipient Identity

Beneficiary Full Name

Exact match as registered on recipient bank account.

2. Account Identifier

Interac / EFT (Transit & Institution Number)

IBAN, Account Number, or local domestic routing code.

3. Bank Code

SWIFT / BIC Code

8 or 11 character identifier of the recipient's bank branch.

4. Transfer Purpose

Payment Reference

Invoice number or descriptive reference for AML compliance.

Macroeconomic Analysis

USD vs CAD: Central Bank Policy & Inflation Matrix

Official interest rate benchmarks and consumer price index (CPI) differentials shaping cross-border value.

Official Macro Indicators
🇺🇸

US Dollar (USD)

Federal Reserve (Fed)

Policy Rate

5.0%

Benchmark rate
Annual CPI Inflation

2.8%

Consumer prices
Estimated Real Yield (Rate - Inflation): +2.2%
🇨🇦

Canadian Dollar (CAD)

Bank of Canada (BoC)

Policy Rate

4.25%

Benchmark rate
Annual CPI Inflation

2.4%

Consumer prices
Estimated Real Yield (Rate - Inflation): +1.9%
Policy Rate Differential: 0.75% (USD vs CAD)
Inflation Differential: 0.40% (Annual CPI spread)
ℹ️

Macroeconomic Policy Notice: Central bank interest rates and CPI metrics are compiled from public statistical releases (Federal Reserve (Fed), Bank of Canada (BoC)) for macroeconomic educational context. They do not constitute retail banking deposit guarantees or investment advice. WireCompare does not provide portfolio management or trading services.

Corridor Volatility & Trend

52-Week Exchange Rate Position

Liquidity Status: High & Stable
52W Low: C$1.3296 Current: C$1.3850 52W High: C$1.4404
Lower bound Current rate sits at 50.0% of annual range Upper bound
Independent Market Analysis

Compare Wire Transfer Costs: USD to CAD

Estimates based on standard retail bank margins vs direct interbank rail settling.

Zero Promotional Bias
$1,000 USD
$250 $5,000 $10,000 $20,000
Benchmark

Direct Midpoint Rail

0.0% Rate Markup (Interbank)

Rail Fee:$4.50
Rate:1.3850
Clearing:Instant / Same Day
Recipient Receives

C$1,385.00

Maximum Yield

Optimal Benchmark Rail
Retail SWIFT

Commercial Banks

~3.2% Hidden FX Margin

SWIFT Fee:$25.00
Bank Rate:1.3407
Speed:2-4 Business Days
Recipient Receives

C$872.53

-Lost to Hidden Margin

High Intermediary Margin
Consumer Wallet

Global Wallets

3.5% Currency Spread

Tx Fee:$4.99
Rate:1.3365
Speed:Instant (Closed Wallet)
Recipient Receives

C$887.41

Closed loop balance

Convenient but Marked Up
Cash Agent

Cash Remittance

Retail Spread + Cash Fee

Counter Fee:$8.00
Rate:1.3518
Speed:Physical Counter / 1 Day
Recipient Receives

C$896.12

Physical cash pickup

Agent Network Fee
Lookup Tables

USD to CAD Fast Conversion Matrix

Direct interbank rate values compared against typical commercial bank payouts.

🇺🇸 USD to 🇨🇦 CAD

1 USD = 1.3850 CAD
Amount Mid-Market Rate Bank Payout Hidden Spread
$1 USD C$1.39 CAD C$0.00 -C$26.86
$5 USD C$6.92 CAD C$0.00 -C$27.04
$10 USD C$13.85 CAD C$0.00 -C$27.26
$25 USD C$34.62 CAD C$6.70 -C$27.92
$50 USD C$69.25 CAD C$40.22 -C$29.03
$100 USD C$138.50 CAD C$107.25 -C$31.25
$250 USD C$346.25 CAD C$308.36 -C$37.89
$500 USD C$692.50 CAD C$643.53 -C$48.97
$1,000 USD C$1,385.00 CAD C$1,313.87 -C$71.13
$5,000 USD C$6,925.00 CAD C$6,676.59 -C$248.41
$10,000 USD C$13,850.00 CAD C$13,379.99 -C$470.01

🇨🇦 CAD to 🇺🇸 USD (Reverse)

1 CAD = 0.7220 USD
Amount Mid-Market Rate Bank Payout Hidden Spread
C$1 CAD $0.72 USD $0.00 -$14.00
C$5 CAD $3.61 USD $0.00 -$14.09
C$10 CAD $7.22 USD $0.00 -$14.21
C$25 CAD $18.05 USD $3.49 -$14.56
C$50 CAD $36.10 USD $20.97 -$15.13
C$100 CAD $72.20 USD $55.91 -$16.29
C$250 CAD $180.51 USD $160.75 -$19.75
C$500 CAD $361.01 USD $335.48 -$25.53
C$1,000 CAD $722.02 USD $684.94 -$37.08
C$5,000 CAD $3,610.11 USD $3,480.61 -$129.50
C$10,000 CAD $7,220.22 USD $6,975.19 -$245.03
Mid-Market Rate

1.3850

1 USD = C$1.3850

Inverse Rate

0.7220

1 CAD = $0.7220

52-Week Range

1.3296 - 1.4404

Annual volatility band

Target Bank System

Interac / EFT (Transit & Institution Number)

Clearing rail for CAD

Knowledge Base

Frequently Asked Questions (USD to CAD)

Click any question to expand
Q What is the current exchange rate for USD to CAD?
As of 2026, the real mid-market interbank rate is 1 USD = 1.385 CAD. This is the true benchmark rate with zero hidden bank markup.
Q How much does a bank charge to send USD to CAD?
Most traditional high-street banks charge a front-end wire fee of around $25 plus a 2.5% to 4% hidden exchange rate markup. On a $1,000 transfer, you typically lose around C$71.61 compared to specialized neobanks like Wise.
Q What bank codes are needed to send CAD to Canada?
To receive CAD in Canada, the recipient typically needs to provide their Interac / EFT (Transit & Institution Number).
Q How fast does an international transfer take between USD and CAD?
Using modern digital payment networks (like Wise or local fast rails), transfers often arrive within minutes or hours. Traditional SWIFT bank wires take 2 to 4 business days.

Related Corridors From USD

View Reverse: CAD to USD →

USD → EUR

1 USD = 0.9245 EUR

USD → GBP

1 USD = 0.7715 GBP

USD → JPY

1 USD = 152.4000 JPY

USD → AUD

1 USD = 1.5180 AUD