This Is The Dollar Forecast You Need To Read Now

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United States Dollar (USD) Forecast & Predictions

United States dollar exchange rate forecasting strategies

The United States is the world’s second largest exporter having exported 1.45 trillion dollars worth of exports in 2020 with an annualised increase of 8.5% over the five years prior. 1 Despite a hugely diverse export portfolio, America is also the world’s largest importer, and the balance of payments (i.e. the value of imports versus exports) can influence the USD forecast.

Please keep in mind that OFX does not provide personal advice or specific exchange rate forecasts and predictions; however, here are some general considerations you can use when evaluating forecasts and making your own decisions regarding the best time to transfer your money internationally.

Some key considerations in USD forecasting

When attempting to forecast the movement of the AUD/USD exchange rate, investors may take into account these country-specific factors:

  • The globalisation backlash. In this era of peak globalisation, many advanced economies–including the U.S.–have witnessed rising opposition amongst the population in regard to current policies. Any attempt made by politicians to revise current labour and trade agreements could profoundly affect the U.S. dollar forecast. According to Fidelity Investments, “anti-globalisation policies may boost labour costs, spur inflation, and put pressure on profit margins.” 2 When considering your international money transfer, keep an eye on upcoming elections and anticipated policy announcements.
  • The relative strength of the US economy. The health of U.S.A.’s critical trade partners, including Canada and China, has a strong effect on dollar movements. In recent decades, the dollar collapsed during the sub-prime mortgage housing crisis while subsequent commodity booms bolstered the Aussie and Canadian dollars against the USD. These relationships play a pivotal role in all currency pairs and may be particularly important in AUD/USD forecasts.
  • Announcements from the Federal Reserve (the Fed). When trading currencies, the policies of the local reserve banks are always important, because they often address interest rates which can both attract foreign investment and signal concerns over inflation. After the financial crisis of 2008/2009, the Fed had to take considerable measures to prevent a second Great Depression by slashing interest rates to almost zero. The question on everyone’s mind is: is the economy ready for increased interest rates? That’s why upcoming Fed announcements play a critical role in USD forecasts.
  • Speculation. Professional currency traders attempting to tap into investor sentiment can play a key role in driving USD movements. A prime example of this came during the 2020 UK referendum on EU membership, known as Brexit, when the pound sterling (GBP) hit a 30-year low against the U.S. dollar. Part of the pound’s decline was based on concerns that it would no longer attract capital flows from abroad. 3 Similarly, concerns over China’s economic growth rate may be reflected in the USD and AUD forecasts.

C urrency markets can be fickle, and it can be difficult to determine the best time for your overseas money transfer. At OFX, we offer a number of risk management tools to help you make the most of your money. Read the exchange rate forecasting article for a more general discussion about forecasting and macroeconomic factors to consider.

What’s next?

If you’re ready to make an overseas money transfer, you should know that big banks charge big margins on foreign exchange transactions, often up to 5%. Instead, register with OFX and lock in the rate you need and find out why thousands of people around the world trust OFX to complete their international money transfers.

CAD: Hit From All Angles; Targeting USD/CAD 1.46 In Q2 – MUFG

USD/CAD fell sharply in the month of March. What is the outlook for the pair?

Here is their view, courtesy of eFXdata:

The Canadian dollar is getting hit from all angles possible and was the 3rd worst performing G10 currency in March, declining 4.7%. As one of the central banks in the G10 space that was slower to ease ahead of the COVID-19 crisis, it therefore became more aggressive than most in terms of rate cuts – the BoC cutting 150bps in March. Not only that but CAD had the plunge in crude oil prices to contend with and also bordering the country with the largest number of virus cases in the world,” MUFG notes.

“Our oil outlook is likely to act as a drag on CAD certainly over the short-term. We certainly see scope for CAD to be a laggard in the G10 space through this crisis given the oil element and the proximity to the US where the COVID-19 crisis is escalating. So our USD/CAD profile lower as the crisis eases is somewhat softer to reflect the greater negatives for Canada,” MUFG adds.

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US dollar forecast: Preview for the main foreign exchange events that will rock currencies ► focusing on major events and especially on publications in the USA, moving the US dollar (greenback). Here are some general data. Scroll down for the latest US dollar outlook

USD and forex general characteristics

The United States Dollar is the reserve currency of the world, partly due to its use in settling oil prices and other commodities. Foreign exchange pairs are divided into majors, minors, and crosses. Both majors and minors include the USD.

US economic indicators and political developments influence currencies more than anywhere else in the world. The decisions and statements by Federal Reserve officials make the biggest waves. The US economy is by far the largest in the world. US politics and policy also have an outsized impact on currencies.

The outlook consists of mostly US economic events but also key market-moving figures from other major economies. The euro-zone, the UK, and Japan stand out.

Recent USD Moves

The greenback suffered a bad start to the year: poor growth and scandals hurt the US dollar. Hopes for fiscal stimulus faded with the repeated failures to repeal Obamacare. Despite two rate hikes in the first half, the dollar struggled. Other economies outperformed America.

The second half already looks a lot different: economic growth reached 3% annualized and the Fed seems to stick to its plan to hike rates three times. In addition, Trump’s tax plan inspires markets, despite hurdles to pass it before Christmas.

Headwinds come from the political scandals. Low inflation also weighs on the dollar. If the “mystery” persists and wages do not accelerate, Janet Yellen and co. could refrain from further tightening. The new Fed Chair Jerome Powell will take office in February 2020, and he may not stick to the current plan of raising rates three times.

Latest weekly US Dollar forecast

CAD: Hit From All Angles; Targeting USD/CAD 1.46 In Q2 – MUFG

USD/CAD fell sharply in the month of March. What is the outlook for the pair?…

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Canadian Dollar Forecast 2020, 2021, 2022, 2023, 2024

2020/04/08. USD TO CAD TODAY.

Actual USD to CAD exchange rate equal to 1.4053 Canadian Dollars per 1 US Dollar. Today’s range: 1.3990-1.4080. Previous day close: 1.4000. Change for today +0.0053, +0.38%. Inverse rate: CAD to USD.

Recent changes:

Period 2 Days 3 Days 1 Week 2 Weeks 1 Month
Chng,% -0.39% -1.06% -0.92% -0.96% +2.62%
Ex-Rate 1.4108 1.4204 1.4184 1.4189 1.3694

Currency Converter

US Dollar To Canadian Dollar Forecast For 2020, 2021, 2022, 2023 And 2024

Month Open Low-High Close Mo,% Total,%
2020
Apr 1.407 1.381-1.423 1.402 -0.4% -0.4%
May 1.402 1.383-1.425 1.404 0.1% -0.2%
Jun 1.404 1.404-1.468 1.446 3.0% 2.8%
Jul 1.446 1.441-1.485 1.463 1.2% 4.0%
Aug 1.463 1.463-1.511 1.489 1.8% 5.8%
Sep 1.489 1.436-1.489 1.458 -2.1% 3.6%
Oct 1.458 1.448-1.492 1.470 0.8% 4.5%
Nov 1.470 1.439-1.483 1.461 -0.6% 3.8%
Dec 1.461 1.432-1.476 1.454 -0.5% 3.3%
2021
Jan 1.454 1.445-1.489 1.467 0.9% 4.3%
Feb 1.467 1.457-1.501 1.479 0.8% 5.1%
Mar 1.479 1.413-1.479 1.435 -3.0% 2.0%
Apr 1.435 1.425-1.469 1.447 0.8% 2.8%
May 1.447 1.431-1.475 1.453 0.4% 3.3%
Jun 1.453 1.449-1.493 1.471 1.2% 4.5%
Jul 1.471 1.454-1.498 1.476 0.3% 4.9%
Aug 1.476 1.436-1.480 1.458 -1.2% 3.6%
Sep 1.458 1.450-1.494 1.472 1.0% 4.6%
Oct 1.472 1.472-1.529 1.506 2.3% 7.0%
Nov 1.506 1.464-1.508 1.486 -1.3% 5.6%
Dec 1.486 1.467-1.511 1.489 0.2% 5.8%
2022
Jan 1.489 1.453-1.497 1.475 -0.9% 4.8%
Feb 1.475 1.474-1.518 1.496 1.4% 6.3%
Mar 1.496 1.487-1.533 1.510 0.9% 7.3%
Apr 1.510 1.480-1.526 1.503 -0.5% 6.8%
Month Open Low-High Close Mo,% Total,%
2022 Continuation
May 1.503 1.487-1.533 1.510 0.5% 7.3%
Jun 1.510 1.510-1.578 1.555 3.0% 10.5%
Jul 1.555 1.499-1.555 1.522 -2.1% 8.2%
Aug 1.522 1.463-1.522 1.485 -2.4% 5.5%
Sep 1.485 1.463-1.507 1.485 0.0% 5.5%
Oct 1.485 1.485-1.553 1.530 3.0% 8.7%
Nov 1.530 1.505-1.551 1.528 -0.1% 8.6%
Dec 1.528 1.505-1.551 1.528 0.0% 8.6%
2023
Jan 1.528 1.460-1.528 1.482 -3.0% 5.3%
Feb 1.482 1.416-1.482 1.438 -3.0% 2.2%
Mar 1.438 1.401-1.443 1.422 -1.1% 1.1%
Apr 1.422 1.422-1.480 1.458 2.5% 3.6%
May 1.458 1.437-1.481 1.459 0.1% 3.7%
Jun 1.459 1.459-1.513 1.491 2.2% 6.0%
Jul 1.491 1.424-1.491 1.446 -3.0% 2.8%
Aug 1.446 1.424-1.468 1.446 0.0% 2.8%
Sep 1.446 1.427-1.471 1.449 0.2% 3.0%
Oct 1.449 1.449-1.502 1.480 2.1% 5.2%
Nov 1.480 1.461-1.505 1.483 0.2% 5.4%
Dec 1.483 1.470-1.514 1.492 0.6% 6.0%
2024
Jan 1.492 1.481-1.527 1.504 0.8% 6.9%
Feb 1.504 1.463-1.507 1.485 -1.3% 5.5%
Mar 1.485 1.485-1.553 1.530 3.0% 8.7%
Apr 1.530 1.462-1.530 1.484 -3.0% 5.5%
May 1.484 1.417-1.484 1.439 -3.0% 2.3%

USD to CAD forecast for April 2020.
In the beginning rate at 1.407 Canadian Dollars. High exchange rate 1.423, low 1.381. The average for the month 1.403. The USD to CAD forecast at the end of the month 1.402, change for April -0.4%.

US Dollar to Canadian Dollar forecast for May 2020.
In the beginning rate at 1.402 Canadian Dollars. High exchange rate 1.425, low 1.383. The average for the month 1.404. The USD to CAD forecast at the end of the month 1.404, change for May 0.1%.

USD to CAD forecast for June 2020.
In the beginning rate at 1.404 Canadian Dollars. High exchange rate 1.468, low 1.404. The average for the month 1.431. The USD to CAD forecast at the end of the month 1.446, change for June 3.0%.

US Dollar to Canadian Dollar forecast for July 2020.
In the beginning rate at 1.446 Canadian Dollars. High exchange rate 1.485, low 1.441. The average for the month 1.459. The USD to CAD forecast at the end of the month 1.463, change for July 1.2%.

USD to CAD forecast for August 2020.
In the beginning rate at 1.463 Canadian Dollars. High exchange rate 1.511, low 1.463. The average for the month 1.482. The USD to CAD forecast at the end of the month 1.489, change for August 1.8%.

US Dollar to Canadian Dollar forecast for September 2020.
In the beginning rate at 1.489 Canadian Dollars. High exchange rate 1.489, low 1.436. The average for the month 1.468. The USD to CAD forecast at the end of the month 1.458, change for September -2.1%.

USD to CAD forecast for October 2020.
In the beginning rate at 1.458 Canadian Dollars. High exchange rate 1.492, low 1.448. The average for the month 1.467. The USD to CAD forecast at the end of the month 1.470, change for October 0.8%.

US Dollar to Canadian Dollar forecast for November 2020.
In the beginning rate at 1.470 Canadian Dollars. High exchange rate 1.483, low 1.439. The average for the month 1.463. The USD to CAD forecast at the end of the month 1.461, change for November -0.6%.

USD to CAD forecast for December 2020.
In the beginning rate at 1.461 Canadian Dollars. High exchange rate 1.476, low 1.432. The average for the month 1.456. The USD to CAD forecast at the end of the month 1.454, change for December -0.5%.

US Dollar to Canadian Dollar forecast for January 2021.
In the beginning rate at 1.454 Canadian Dollars. High exchange rate 1.489, low 1.445. The average for the month 1.464. The USD to CAD forecast at the end of the month 1.467, change for January 0.9%.

USD to CAD forecast for February 2021.
In the beginning rate at 1.467 Canadian Dollars. High exchange rate 1.501, low 1.457. The average for the month 1.476. The USD to CAD forecast at the end of the month 1.479, change for February 0.8%.

US Dollar to Canadian Dollar forecast for March 2021.
In the beginning rate at 1.479 Canadian Dollars. High exchange rate 1.479, low 1.413. The average for the month 1.452. The USD to CAD forecast at the end of the month 1.435, change for March -3.0%.

USD to CAD forecast for April 2021.
In the beginning rate at 1.435 Canadian Dollars. High exchange rate 1.469, low 1.425. The average for the month 1.444. The USD to CAD forecast at the end of the month 1.447, change for April 0.8%.

US Dollar to Canadian Dollar forecast for May 2021.
In the beginning rate at 1.447 Canadian Dollars. High exchange rate 1.475, low 1.431. The average for the month 1.452. The USD to CAD forecast at the end of the month 1.453, change for May 0.4%.

USD to CAD forecast for June 2021.
In the beginning rate at 1.453 Canadian Dollars. High exchange rate 1.493, low 1.449. The average for the month 1.467. The USD to CAD forecast at the end of the month 1.471, change for June 1.2%.

US Dollar to Canadian Dollar forecast for July 2021.
In the beginning rate at 1.471 Canadian Dollars. High exchange rate 1.498, low 1.454. The average for the month 1.475. The USD to CAD forecast at the end of the month 1.476, change for July 0.3%.

USD to CAD forecast for August 2021.
In the beginning rate at 1.476 Canadian Dollars. High exchange rate 1.480, low 1.436. The average for the month 1.463. The USD to CAD forecast at the end of the month 1.458, change for August -1.2%.

US Dollar to Canadian Dollar forecast for September 2021.
In the beginning rate at 1.458 Canadian Dollars. High exchange rate 1.494, low 1.450. The average for the month 1.469. The USD to CAD forecast at the end of the month 1.472, change for September 1.0%.

USD to CAD forecast for October 2021.
In the beginning rate at 1.472 Canadian Dollars. High exchange rate 1.529, low 1.472. The average for the month 1.495. The USD to CAD forecast at the end of the month 1.506, change for October 2.3%.

US Dollar to Canadian Dollar forecast for November 2021.
In the beginning rate at 1.506 Canadian Dollars. High exchange rate 1.508, low 1.464. The average for the month 1.491. The USD to CAD forecast at the end of the month 1.486, change for November -1.3%.

USD to CAD forecast for December 2021.
In the beginning rate at 1.486 Canadian Dollars. High exchange rate 1.511, low 1.467. The average for the month 1.488. The USD to CAD forecast at the end of the month 1.489, change for December 0.2%.

US Dollar to Canadian Dollar forecast for January 2022.
In the beginning rate at 1.489 Canadian Dollars. High exchange rate 1.497, low 1.453. The average for the month 1.479. The USD to CAD forecast at the end of the month 1.475, change for January -0.9%.

USD to CAD forecast for February 2022.
In the beginning rate at 1.475 Canadian Dollars. High exchange rate 1.518, low 1.474. The average for the month 1.491. The USD to CAD forecast at the end of the month 1.496, change for February 1.4%.

US Dollar to Canadian Dollar forecast for March 2022.
In the beginning rate at 1.496 Canadian Dollars. High exchange rate 1.533, low 1.487. The average for the month 1.507. The USD to CAD forecast at the end of the month 1.510, change for March 0.9%.

USD to CAD forecast for April 2022.
In the beginning rate at 1.510 Canadian Dollars. High exchange rate 1.526, low 1.480. The average for the month 1.505. The USD to CAD forecast at the end of the month 1.503, change for April -0.5%.

US Dollar to Canadian Dollar forecast for May 2022.
In the beginning rate at 1.503 Canadian Dollars. High exchange rate 1.533, low 1.487. The average for the month 1.508. The USD to CAD forecast at the end of the month 1.510, change for May 0.5%.

USD to CAD forecast for June 2022.
In the beginning rate at 1.510 Canadian Dollars. High exchange rate 1.578, low 1.510. The average for the month 1.538. The USD to CAD forecast at the end of the month 1.555, change for June 3.0%.

US Dollar to Canadian Dollar forecast for July 2022.
In the beginning rate at 1.555 Canadian Dollars. High exchange rate 1.555, low 1.499. The average for the month 1.533. The USD to CAD forecast at the end of the month 1.522, change for July -2.1%.

USD to CAD forecast for August 2022.
In the beginning rate at 1.522 Canadian Dollars. High exchange rate 1.522, low 1.463. The average for the month 1.498. The USD to CAD forecast at the end of the month 1.485, change for August -2.4%.

US Dollar to Canadian Dollar forecast for September 2022.
In the beginning rate at 1.485 Canadian Dollars. High exchange rate 1.507, low 1.463. The average for the month 1.485. The USD to CAD forecast at the end of the month 1.485, change for September 0.0%.

USD to CAD forecast for October 2022.
In the beginning rate at 1.485 Canadian Dollars. High exchange rate 1.553, low 1.485. The average for the month 1.513. The USD to CAD forecast at the end of the month 1.530, change for October 3.0%.

US Dollar to Canadian Dollar forecast for November 2022.
In the beginning rate at 1.530 Canadian Dollars. High exchange rate 1.551, low 1.505. The average for the month 1.529. The USD to CAD forecast at the end of the month 1.528, change for November -0.1%.

USD to CAD forecast for December 2022.
In the beginning rate at 1.528 Canadian Dollars. High exchange rate 1.551, low 1.505. The average for the month 1.528. The USD to CAD forecast at the end of the month 1.528, change for December 0.0%.

US Dollar to Canadian Dollar forecast for January 2023.
In the beginning rate at 1.528 Canadian Dollars. High exchange rate 1.528, low 1.460. The average for the month 1.500. The USD to CAD forecast at the end of the month 1.482, change for January -3.0%.

USD to CAD forecast for February 2023.
In the beginning rate at 1.482 Canadian Dollars. High exchange rate 1.482, low 1.416. The average for the month 1.455. The USD to CAD forecast at the end of the month 1.438, change for February -3.0%.

US Dollar to Canadian Dollar forecast for March 2023.
In the beginning rate at 1.438 Canadian Dollars. High exchange rate 1.443, low 1.401. The average for the month 1.426. The USD to CAD forecast at the end of the month 1.422, change for March -1.1%.

USD to CAD forecast for April 2023.
In the beginning rate at 1.422 Canadian Dollars. High exchange rate 1.480, low 1.422. The average for the month 1.446. The USD to CAD forecast at the end of the month 1.458, change for April 2.5%.

US Dollar to Canadian Dollar forecast for May 2023.
In the beginning rate at 1.458 Canadian Dollars. High exchange rate 1.481, low 1.437. The average for the month 1.459. The USD to CAD forecast at the end of the month 1.459, change for May 0.1%.

USD to CAD forecast for June 2023.
In the beginning rate at 1.459 Canadian Dollars. High exchange rate 1.513, low 1.459. The average for the month 1.481. The USD to CAD forecast at the end of the month 1.491, change for June 2.2%.

US Dollar to Canadian Dollar forecast for July 2023.
In the beginning rate at 1.491 Canadian Dollars. High exchange rate 1.491, low 1.424. The average for the month 1.463. The USD to CAD forecast at the end of the month 1.446, change for July -3.0%.

USD to CAD forecast for August 2023.
In the beginning rate at 1.446 Canadian Dollars. High exchange rate 1.468, low 1.424. The average for the month 1.446. The USD to CAD forecast at the end of the month 1.446, change for August 0.0%.

US Dollar to Canadian Dollar forecast for September 2023.
In the beginning rate at 1.446 Canadian Dollars. High exchange rate 1.471, low 1.427. The average for the month 1.448. The USD to CAD forecast at the end of the month 1.449, change for September 0.2%.

USD to CAD forecast for October 2023.
In the beginning rate at 1.449 Canadian Dollars. High exchange rate 1.502, low 1.449. The average for the month 1.470. The USD to CAD forecast at the end of the month 1.480, change for October 2.1%.

US Dollar to Canadian Dollar forecast for November 2023.
In the beginning rate at 1.480 Canadian Dollars. High exchange rate 1.505, low 1.461. The average for the month 1.482. The USD to CAD forecast at the end of the month 1.483, change for November 0.2%.

USD to CAD forecast for December 2023.
In the beginning rate at 1.483 Canadian Dollars. High exchange rate 1.514, low 1.470. The average for the month 1.490. The USD to CAD forecast at the end of the month 1.492, change for December 0.6%.

US Dollar to Canadian Dollar forecast for January 2024.
In the beginning rate at 1.492 Canadian Dollars. High exchange rate 1.527, low 1.481. The average for the month 1.501. The USD to CAD forecast at the end of the month 1.504, change for January 0.8%.

USD to CAD forecast for February 2024.
In the beginning rate at 1.504 Canadian Dollars. High exchange rate 1.507, low 1.463. The average for the month 1.490. The USD to CAD forecast at the end of the month 1.485, change for February -1.3%.

US Dollar to Canadian Dollar forecast for March 2024.
In the beginning rate at 1.485 Canadian Dollars. High exchange rate 1.553, low 1.485. The average for the month 1.513. The USD to CAD forecast at the end of the month 1.530, change for March 3.0%.

USD to CAD forecast for April 2024.
In the beginning rate at 1.530 Canadian Dollars. High exchange rate 1.530, low 1.462. The average for the month 1.502. The USD to CAD forecast at the end of the month 1.484, change for April -3.0%.

US Dollar to Canadian Dollar forecast for May 2024.
In the beginning rate at 1.484 Canadian Dollars. High exchange rate 1.484, low 1.417. The average for the month 1.456. The USD to CAD forecast at the end of the month 1.439, change for May -3.0%.

CAD TO USD TODAY

Actual CAD to USD exchange rate equal to 0.7116 US Dollars per 1 Canadian Dollar. Today’s range: 0.7102-0.7148. Previous day close: 0.7143. Change for today -0.0027, -0.38%.

Recent changes for

Period 2 Days 3 Days 1 Week 2 Weeks 1 Month
Chng,% +0.40% +1.08% +0.94% +0.96% -2.55%
Ex-Rate 0.7088 0.7040 0.7050 0.7048 0.7302

Canadian Dollar To US Dollar Forecast For 2020, 2021, 2022, 2023 And 2024

Month Open Low-High Close Mo,% Total,%
2020
Apr 0.711 0.703-0.724 0.713 0.3% 0.3%
May 0.713 0.702-0.723 0.712 -0.1% 0.2%
Jun 0.712 0.681-0.712 0.692 -2.8% -2.6%
Jul 0.692 0.673-0.694 0.684 -1.2% -3.8%
Aug 0.684 0.662-0.684 0.672 -1.8% -5.4%
Sep 0.672 0.672-0.696 0.686 2.1% -3.5%
Oct 0.686 0.670-0.691 0.680 -0.9% -4.3%
Nov 0.680 0.674-0.695 0.684 0.6% -3.8%
Dec 0.684 0.678-0.698 0.688 0.6% -3.2%
2021
Jan 0.688 0.672-0.692 0.682 -0.9% -4.0%
Feb 0.682 0.666-0.686 0.676 -0.9% -4.9%
Mar 0.676 0.676-0.708 0.697 3.1% -1.9%
Apr 0.697 0.681-0.702 0.691 -0.9% -2.8%
May 0.691 0.678-0.699 0.688 -0.4% -3.2%
Jun 0.688 0.670-0.690 0.680 -1.2% -4.3%
Jul 0.680 0.668-0.688 0.678 -0.3% -4.6%
Aug 0.678 0.676-0.696 0.686 1.2% -3.5%
Sep 0.686 0.669-0.690 0.679 -1.0% -4.5%
Oct 0.679 0.654-0.679 0.664 -2.2% -6.6%
Nov 0.664 0.663-0.683 0.673 1.4% -5.3%
Dec 0.673 0.662-0.682 0.672 -0.1% -5.4%
2022
Jan 0.672 0.668-0.688 0.678 0.9% -4.6%
Feb 0.678 0.659-0.678 0.668 -1.5% -6.0%
Mar 0.668 0.652-0.672 0.662 -0.9% -6.9%
Apr 0.662 0.655-0.676 0.665 0.5% -6.4%
Month Open Low-High Close Mo,% Total,%
2022 Continuation
May 0.665 0.652-0.672 0.662 -0.5% -6.9%
Jun 0.662 0.634-0.662 0.643 -2.9% -9.5%
Jul 0.643 0.643-0.667 0.657 2.2% -7.6%
Aug 0.657 0.657-0.684 0.673 2.4% -5.3%
Sep 0.673 0.664-0.684 0.673 0.0% -5.3%
Oct 0.673 0.644-0.673 0.654 -2.8% -8.0%
Nov 0.654 0.645-0.664 0.654 0.0% -8.0%
Dec 0.654 0.645-0.664 0.654 0.0% -8.0%
2023
Jan 0.654 0.654-0.685 0.675 3.2% -5.0%
Feb 0.675 0.675-0.706 0.695 3.0% -2.2%
Mar 0.695 0.693-0.714 0.703 1.2% -1.1%
Apr 0.703 0.676-0.703 0.686 -2.4% -3.5%
May 0.686 0.675-0.696 0.685 -0.1% -3.6%
Jun 0.685 0.661-0.685 0.671 -2.0% -5.6%
Jul 0.671 0.671-0.702 0.692 3.1% -2.6%
Aug 0.692 0.681-0.702 0.692 0.0% -2.6%
Sep 0.692 0.680-0.701 0.690 -0.3% -2.9%
Oct 0.690 0.666-0.690 0.676 -2.0% -4.9%
Nov 0.676 0.664-0.684 0.674 -0.3% -5.2%
Dec 0.674 0.661-0.680 0.670 -0.6% -5.7%
2024
Jan 0.670 0.655-0.675 0.665 -0.7% -6.4%
Feb 0.665 0.664-0.684 0.673 1.2% -5.3%
Mar 0.673 0.644-0.673 0.654 -2.8% -8.0%
Apr 0.654 0.654-0.684 0.674 3.1% -5.2%
May 0.674 0.674-0.706 0.695 3.1% -2.2%

CAD to USD forecast for April 2020.
In the beginning rate at 0.711 US Dollars. High exchange rate 0.724, low 0.703. The average for the month 0.713. The CAD to USD forecast at the end of the month 0.713, change for April 0.3%.

Canadian Dollar to US Dollar forecast for May 2020.
In the beginning rate at 0.713 US Dollars. High exchange rate 0.723, low 0.702. The average for the month 0.713. The CAD to USD forecast at the end of the month 0.712, change for May -0.1%.

CAD to USD forecast for June 2020.
In the beginning rate at 0.712 US Dollars. High exchange rate 0.712, low 0.681. The average for the month 0.699. The CAD to USD forecast at the end of the month 0.692, change for June -2.8%.

Canadian Dollar to US Dollar forecast for July 2020.
In the beginning rate at 0.692 US Dollars. High exchange rate 0.694, low 0.673. The average for the month 0.686. The CAD to USD forecast at the end of the month 0.684, change for July -1.2%.

CAD to USD forecast for August 2020.
In the beginning rate at 0.684 US Dollars. High exchange rate 0.684, low 0.662. The average for the month 0.676. The CAD to USD forecast at the end of the month 0.672, change for August -1.8%.

Canadian Dollar to US Dollar forecast for September 2020.
In the beginning rate at 0.672 US Dollars. High exchange rate 0.696, low 0.672. The average for the month 0.682. The CAD to USD forecast at the end of the month 0.686, change for September 2.1%.

CAD to USD forecast for October 2020.
In the beginning rate at 0.686 US Dollars. High exchange rate 0.691, low 0.670. The average for the month 0.682. The CAD to USD forecast at the end of the month 0.680, change for October -0.9%.

Canadian Dollar to US Dollar forecast for November 2020.
In the beginning rate at 0.680 US Dollars. High exchange rate 0.695, low 0.674. The average for the month 0.683. The CAD to USD forecast at the end of the month 0.684, change for November 0.6%.

CAD to USD forecast for December 2020.
In the beginning rate at 0.684 US Dollars. High exchange rate 0.698, low 0.678. The average for the month 0.687. The CAD to USD forecast at the end of the month 0.688, change for December 0.6%.

Canadian Dollar to US Dollar forecast for January 2021.
In the beginning rate at 0.688 US Dollars. High exchange rate 0.692, low 0.672. The average for the month 0.684. The CAD to USD forecast at the end of the month 0.682, change for January -0.9%.

CAD to USD forecast for February 2021.
In the beginning rate at 0.682 US Dollars. High exchange rate 0.686, low 0.666. The average for the month 0.678. The CAD to USD forecast at the end of the month 0.676, change for February -0.9%.

Canadian Dollar to US Dollar forecast for March 2021.
In the beginning rate at 0.676 US Dollars. High exchange rate 0.708, low 0.676. The average for the month 0.689. The CAD to USD forecast at the end of the month 0.697, change for March 3.1%.

CAD to USD forecast for April 2021.
In the beginning rate at 0.697 US Dollars. High exchange rate 0.702, low 0.681. The average for the month 0.693. The CAD to USD forecast at the end of the month 0.691, change for April -0.9%.

Canadian Dollar to US Dollar forecast for May 2021.
In the beginning rate at 0.691 US Dollars. High exchange rate 0.699, low 0.678. The average for the month 0.689. The CAD to USD forecast at the end of the month 0.688, change for May -0.4%.

CAD to USD forecast for June 2021.
In the beginning rate at 0.688 US Dollars. High exchange rate 0.690, low 0.670. The average for the month 0.682. The CAD to USD forecast at the end of the month 0.680, change for June -1.2%.

Canadian Dollar to US Dollar forecast for July 2021.
In the beginning rate at 0.680 US Dollars. High exchange rate 0.688, low 0.668. The average for the month 0.679. The CAD to USD forecast at the end of the month 0.678, change for July -0.3%.

CAD to USD forecast for August 2021.
In the beginning rate at 0.678 US Dollars. High exchange rate 0.696, low 0.676. The average for the month 0.684. The CAD to USD forecast at the end of the month 0.686, change for August 1.2%.

Canadian Dollar to US Dollar forecast for September 2021.
In the beginning rate at 0.686 US Dollars. High exchange rate 0.690, low 0.669. The average for the month 0.681. The CAD to USD forecast at the end of the month 0.679, change for September -1.0%.

CAD to USD forecast for October 2021.
In the beginning rate at 0.679 US Dollars. High exchange rate 0.679, low 0.654. The average for the month 0.669. The CAD to USD forecast at the end of the month 0.664, change for October -2.2%.

Canadian Dollar to US Dollar forecast for November 2021.
In the beginning rate at 0.664 US Dollars. High exchange rate 0.683, low 0.663. The average for the month 0.671. The CAD to USD forecast at the end of the month 0.673, change for November 1.4%.

CAD to USD forecast for December 2021.
In the beginning rate at 0.673 US Dollars. High exchange rate 0.682, low 0.662. The average for the month 0.672. The CAD to USD forecast at the end of the month 0.672, change for December -0.1%.

Canadian Dollar to US Dollar forecast for January 2022.
In the beginning rate at 0.672 US Dollars. High exchange rate 0.688, low 0.668. The average for the month 0.677. The CAD to USD forecast at the end of the month 0.678, change for January 0.9%.

CAD to USD forecast for February 2022.
In the beginning rate at 0.678 US Dollars. High exchange rate 0.678, low 0.659. The average for the month 0.671. The CAD to USD forecast at the end of the month 0.668, change for February -1.5%.

Canadian Dollar to US Dollar forecast for March 2022.
In the beginning rate at 0.668 US Dollars. High exchange rate 0.672, low 0.652. The average for the month 0.664. The CAD to USD forecast at the end of the month 0.662, change for March -0.9%.

CAD to USD forecast for April 2022.
In the beginning rate at 0.662 US Dollars. High exchange rate 0.676, low 0.655. The average for the month 0.665. The CAD to USD forecast at the end of the month 0.665, change for April 0.5%.

Canadian Dollar to US Dollar forecast for May 2022.
In the beginning rate at 0.665 US Dollars. High exchange rate 0.672, low 0.652. The average for the month 0.663. The CAD to USD forecast at the end of the month 0.662, change for May -0.5%.

CAD to USD forecast for June 2022.
In the beginning rate at 0.662 US Dollars. High exchange rate 0.662, low 0.634. The average for the month 0.650. The CAD to USD forecast at the end of the month 0.643, change for June -2.9%.

Canadian Dollar to US Dollar forecast for July 2022.
In the beginning rate at 0.643 US Dollars. High exchange rate 0.667, low 0.643. The average for the month 0.653. The CAD to USD forecast at the end of the month 0.657, change for July 2.2%.

CAD to USD forecast for August 2022.
In the beginning rate at 0.657 US Dollars. High exchange rate 0.684, low 0.657. The average for the month 0.668. The CAD to USD forecast at the end of the month 0.673, change for August 2.4%.

Canadian Dollar to US Dollar forecast for September 2022.
In the beginning rate at 0.673 US Dollars. High exchange rate 0.684, low 0.664. The average for the month 0.674. The CAD to USD forecast at the end of the month 0.673, change for September 0.0%.

CAD to USD forecast for October 2022.
In the beginning rate at 0.673 US Dollars. High exchange rate 0.673, low 0.644. The average for the month 0.661. The CAD to USD forecast at the end of the month 0.654, change for October -2.8%.

Canadian Dollar to US Dollar forecast for November 2022.
In the beginning rate at 0.654 US Dollars. High exchange rate 0.664, low 0.645. The average for the month 0.654. The CAD to USD forecast at the end of the month 0.654, change for November 0.0%.

CAD to USD forecast for December 2022.
In the beginning rate at 0.654 US Dollars. High exchange rate 0.664, low 0.645. The average for the month 0.654. The CAD to USD forecast at the end of the month 0.654, change for December 0.0%.

Canadian Dollar to US Dollar forecast for January 2023.
In the beginning rate at 0.654 US Dollars. High exchange rate 0.685, low 0.654. The average for the month 0.667. The CAD to USD forecast at the end of the month 0.675, change for January 3.2%.

CAD to USD forecast for February 2023.
In the beginning rate at 0.675 US Dollars. High exchange rate 0.706, low 0.675. The average for the month 0.688. The CAD to USD forecast at the end of the month 0.695, change for February 3.0%.

Canadian Dollar to US Dollar forecast for March 2023.
In the beginning rate at 0.695 US Dollars. High exchange rate 0.714, low 0.693. The average for the month 0.701. The CAD to USD forecast at the end of the month 0.703, change for March 1.2%.

CAD to USD forecast for April 2023.
In the beginning rate at 0.703 US Dollars. High exchange rate 0.703, low 0.676. The average for the month 0.692. The CAD to USD forecast at the end of the month 0.686, change for April -2.4%.

Canadian Dollar to US Dollar forecast for May 2023.
In the beginning rate at 0.686 US Dollars. High exchange rate 0.696, low 0.675. The average for the month 0.686. The CAD to USD forecast at the end of the month 0.685, change for May -0.1%.

CAD to USD forecast for June 2023.
In the beginning rate at 0.685 US Dollars. High exchange rate 0.685, low 0.661. The average for the month 0.676. The CAD to USD forecast at the end of the month 0.671, change for June -2.0%.

Canadian Dollar to US Dollar forecast for July 2023.
In the beginning rate at 0.671 US Dollars. High exchange rate 0.702, low 0.671. The average for the month 0.684. The CAD to USD forecast at the end of the month 0.692, change for July 3.1%.

CAD to USD forecast for August 2023.
In the beginning rate at 0.692 US Dollars. High exchange rate 0.702, low 0.681. The average for the month 0.692. The CAD to USD forecast at the end of the month 0.692, change for August 0.0%.

Canadian Dollar to US Dollar forecast for September 2023.
In the beginning rate at 0.692 US Dollars. High exchange rate 0.701, low 0.680. The average for the month 0.691. The CAD to USD forecast at the end of the month 0.690, change for September -0.3%.

CAD to USD forecast for October 2023.
In the beginning rate at 0.690 US Dollars. High exchange rate 0.690, low 0.666. The average for the month 0.681. The CAD to USD forecast at the end of the month 0.676, change for October -2.0%.

Canadian Dollar to US Dollar forecast for November 2023.
In the beginning rate at 0.676 US Dollars. High exchange rate 0.684, low 0.664. The average for the month 0.675. The CAD to USD forecast at the end of the month 0.674, change for November -0.3%.

CAD to USD forecast for December 2023.
In the beginning rate at 0.674 US Dollars. High exchange rate 0.680, low 0.661. The average for the month 0.671. The CAD to USD forecast at the end of the month 0.670, change for December -0.6%.

Canadian Dollar to US Dollar forecast for January 2024.
In the beginning rate at 0.670 US Dollars. High exchange rate 0.675, low 0.655. The average for the month 0.666. The CAD to USD forecast at the end of the month 0.665, change for January -0.7%.

CAD to USD forecast for February 2024.
In the beginning rate at 0.665 US Dollars. High exchange rate 0.684, low 0.664. The average for the month 0.672. The CAD to USD forecast at the end of the month 0.673, change for February 1.2%.

Canadian Dollar to US Dollar forecast for March 2024.
In the beginning rate at 0.673 US Dollars. High exchange rate 0.673, low 0.644. The average for the month 0.661. The CAD to USD forecast at the end of the month 0.654, change for March -2.8%.

CAD to USD forecast for April 2024.
In the beginning rate at 0.654 US Dollars. High exchange rate 0.684, low 0.654. The average for the month 0.667. The CAD to USD forecast at the end of the month 0.674, change for April 3.1%.

Canadian Dollar to US Dollar forecast for May 2024.
In the beginning rate at 0.674 US Dollars. High exchange rate 0.706, low 0.674. The average for the month 0.687. The CAD to USD forecast at the end of the month 0.695, change for May 3.1%.

All forecasts are updated on daily basis. Only mortgage rates forecast and history are updated weekly.

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