USDCAD

USDCAD • Forex

Current Price: 1.39949

About U.S. Dollar - Canadian Dollar

The US Dollar vs. the Canadian Dollar is a very popular currency pair due to the extremely large amount of cross border trading that occurs between the U.S. and Canada. The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern neighbors. The USDCAD is one of the most traded currency pairs in the world.

How is USDCAD exchange rate calculated?
The value of the USDCAD pair is quoted as 1 USD per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 USD.

What is USDCAD volatility?
The term volatility describes the risk related to the changes in an asset's value. USDCAD has the volatility rating of 0.72%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.

What kind of pair USDCAD?
USDCAD is a major currency pair, i.e. a popular currency paired with USD.