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USD/CAD - Live Chart & Exchange Rate

1 USD = 1.4128 CAD

Indicative rate, updated 7 hours ago. Not a live dealing rate - confirm with your broker before trading.

USD/CAD Sentiment Gauge

A live technical-analysis reading for USD/CAD, from Strong Sell to Strong Buy, updated automatically by TradingView. Forex has no reliable, freely-published Fear & Greed Index the way stocks or crypto do, so this momentum-based gauge is shown instead.

USD/CAD is one of the most heavily traded currency pairs in the world, driven by US Federal Reserve policy, inflation data and its role as the world's reserve currency on one side and Bank of Canada policy and oil prices, given Canada's status as a major oil exporter on the other. Its deep liquidity means tighter spreads with most brokers serving Zambian traders.

Rates shown here are indicative only. Confirm the exact rate and spread with your broker before trading.

USD/CAD Key Statistics

Latest

1.4143

25 Sep 2026

Highest on record

1.6173

21 Jan 2002

Lowest on record

0.9071

7 Nov 2007

12-month average

1.3877

1.3524 – 1.4240

30 days: +2.03% 90 days: -0.27% 1 year: +1.79% 3 years: +4.76% 5 years: +11.27% 10 years: +6.69%

Over the past year USD/CAD has risen 1.79%, meaning the USD has strengthened against the CAD. In the last 30 days it has moved up 2.03%. Across the last 12 months it traded between 1.3524 and 1.4240. Its highest level in the available history (since 1999) was 1.6173 on 21 Jan 2002, and its lowest was 0.9071 on 7 Nov 2007.

Based on daily data from 4 Jan 1999 to 25 Sep 2026. Source: ECB reference rates (via Frankfurter). A rising rate means the USD is strengthening against the CAD. Past performance does not predict future results.

What Moves USD/CAD

A pair's price is one currency's value measured against another, so the economy behind each side matters.

US Dollar (USD)

United States · Federal Reserve (Fed) · Free float

The US Dollar is the world's dominant reserve and trading currency. It sits on one side of roughly nine in ten forex trades, and most commodities, including copper, are priced in it.

Major contributors to the economy

  • Services and finance
  • Technology
  • Advanced manufacturing
  • Energy (a leading oil and gas producer)
  • Healthcare and pharmaceuticals
  • Agriculture and defence exports

Key factors

  • Federal Reserve interest-rate policy. Rate decisions, the "dot plot" and speeches by Fed officials set expectations for US interest rates, the single biggest driver of Dollar value.
  • US inflation and jobs data. CPI/PCE inflation and the monthly Non-Farm Payrolls report shift rate expectations and move the Dollar within minutes.
  • Treasury yields. Higher US bond yields relative to other countries attract capital and lift the Dollar.
  • Safe-haven demand. In global stress the Dollar usually rallies as investors seek safety and liquidity.
  • US fiscal and political developments. Government debt levels, budget standoffs, tariffs and trade policy affect confidence in US assets.

Canadian Dollar (CAD)

Canada · Bank of Canada (BoC) · Free float

The "Loonie" is a commodity currency closely tied to oil prices and to the health of the US economy, which buys the large majority of Canadian exports.

Major contributors to the economy

  • Oil and gas (Alberta oil sands)
  • Mining and metals
  • Financial services
  • Manufacturing and autos
  • Forestry and agriculture

Key factors

  • Oil prices. Higher crude prices generally support the Canadian Dollar.
  • Bank of Canada policy. Interest-rate decisions and guidance relative to the Fed drive the pair USD/CAD.
  • US economic health and trade policy. US demand and tariffs or trade-agreement talks (USMCA) matter greatly because of Canada's export reliance.
  • Housing and household debt. High household debt makes the Canadian economy sensitive to rate changes.

How USD and CAD Interact

The US Dollar is a traditional safe haven. In periods of market stress, investors tend to move money into it, which often pushes it higher against the Canadian Dollar even when local economic data is unchanged. Because the Canadian Dollar tends to do well when investors are optimistic, USD/CAD is widely watched as a barometer of global risk appetite.

Central-bank policy matters on both sides: the Federal Reserve (Fed) and the Bank of Canada (BoC). When one of them is expected to keep interest rates higher than the other, that currency usually attracts capital and strengthens; a narrowing gap tends to reverse the move.

Markets to Watch

  • US 10-year Treasury yield USD

    Typically rises with the Dollar

  • Gold USD

    Usually moves inversely to the Dollar

  • S&P 500 / risk sentiment USD

    Risk-off episodes tend to boost the Dollar

  • WTI crude oil CAD

    USD/CAD usually moves inversely to oil

  • S&P 500 CAD

    Reflects US demand for Canadian exports

Events & Data to Follow

  • USD FOMC meetings (8 per year)
  • USD Non-Farm Payrolls (first Friday of the month)
  • USD CPI and PCE inflation
  • USD Fed chair speeches and meeting minutes
  • CAD Bank of Canada meetings
  • CAD Canadian employment report
  • CAD Weekly oil inventory data

Historical Milestones

  1. 2002 CAD

    The Canadian Dollar hit an all-time low near 62 US cents.

  2. 2007 CAD

    Boosted by a commodity boom, it briefly traded above parity with the US Dollar.

  3. 2008 USD

    The global financial crisis triggered a surge in safe-haven Dollar demand.

  4. 2014–15 USD

    The Fed signalled tighter policy while other central banks eased, driving a powerful Dollar rally.

  5. 2014–16 CAD

    The oil price collapse pushed the Loonie back down towards 70 US cents.

  6. 2020 USD

    In March 2020 a global "dash for Dollars" sent the currency sharply higher before the Fed flooded markets with liquidity.

  7. 2022 USD

    The fastest Fed hiking cycle in decades pushed the Dollar to a roughly 20-year high, including parity with the Euro.

Why USD/CAD Matters to Zambian Traders

USD/CAD is one of the most liquid pairs and is offered by virtually every broker serving Zambian traders, usually with the tightest spreads. Moves in the US Dollar seen here also flow through to USD/ZMW.

Compare brokers offering these pairs →

Risks & Trading Hours

  • Surprise policy shifts or data can cause abrupt moves. (USD)
  • Political events such as tariffs or debt-ceiling standoffs can shake the Dollar. (USD)
  • Oil price shocks. (CAD)
  • Trade-policy uncertainty with the United States. (CAD)

Most active: New York session (and the London–New York overlap) • New York session

USD/CAD FAQ

What is the current USD/CAD exchange rate? +

1 USD is worth about 1.4128 CAD (indicative, updated 7 hours ago). Always confirm the exact rate with your bank or broker before you convert or trade.

What is the all-time high and low of USD/CAD? +

In the data we track (since 4 Jan 1999), USD/CAD peaked at 1.6173 on 21 Jan 2002 and bottomed at 0.9071 on 7 Nov 2007.

What moves the USD/CAD exchange rate? +

USD/CAD is influenced by the relative strength of the US Dollar and the Canadian Dollar. Key factors include: Federal Reserve interest-rate policy, US inflation and jobs data, Oil prices, Bank of Canada policy. See the sections above for the full list.

When is the best time to trade USD/CAD? +

Activity and liquidity are typically highest during: New York session (and the London–New York overlap) • New York session. Spreads are usually tighter when the relevant markets are open.

Is USD/CAD good for beginners? +

USD/CAD is a major pair with high liquidity and generally tight spreads, which many beginners find easier to follow. It still carries significant risk - practise on a demo account first.

This page is educational and is not investment advice. Rates, statistics and commentary are indicative and may contain errors or be out of date. Forex and CFD trading carries a high risk of loss.