USD to CAD exchange rate, chart
US dollar to Canadian dollar exchange rate. Check live USD to CAD exchange rates chart, history US dollar to Canadian dollar exchange rates data in charts and detailed tables. Accurate exchange rates updates in live mode, so all information are fresh. Below you'll find both exchange rates USD/CAD and inverse CAD/USD. If you want to convert the values of each currency, it's very comfortable to use real time USD to CAD converter aside. In USD/CAD chart you can do analysis and make some decisions: keep, sell or buy your wanted currency. In this page you'll also find basic information about US dollar and Canadian dollar currency, banknotes and their coins. Don't forget, if you have any questions about US dollar or Canadian dollar exchange rates, currencies future, denominations of banknotes validity - just ask or read already answered questions at the bottom of this page.
The USD to Canadian dollar currency pair tells traders how many Canadian dollars are needed to buy one US dollar. This currency pair is usually called the Loonie, a reference to the loon on the Canadian $1 coin. There are several factors that tend to influence USD/CAD. In Canada, the Bank of Canada determines interest rates while the Federal Reserve does the same in the U.S. An interest rate differential can affect relative currency values. The USD to CAD exchange rate usually has a negative correlation with the GBP/USD, AUD/USD, and NZD/USD pairs. USD/CAD is one of three commodity pairs that include NZD/USD and AUD/USD. These pairs are strongly correlated to commodity fluctuations, oil in particular.
USD/CAD exchange rate chart
USD/CAD currency information
Banknotes and coins
Which currency is the most secure to hold savings in, so that they wouldn't decrease in the value over time?
Nico, thank you for a question. It’s hard to say which currency is the most reliable and stable for your own personal capital, yet the smartest thing to do would be to choose the currencies that are acknowledged as the most secure and popular in the world. If you own particularly large amount of money, you should do a better research and hire a financial consultant who would analyze which currencies are the best for your savings and determine what meets your needs. Some of the currencies that are considered to be the most secure are: Norwegian krone, euro, US dollar, Swiss franc, Swedish krona, British pound, Canadian dollar, Japanese yen.
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