The latest reading, 1.4269 for 09 Oct 2026, was up 0.0023 from the previous day, the highest since Apr 2025. A year earlier it was 1.3997.
Projection
No statistical model we tested has beaten a simple no-change assumption on this series over the past 49 weeks of backtests, so gov.house does not publish a projection line here. What the history does tell us is how far the series usually moves:
| Over the next | Usual move (4 in 5 cases) | Range from today's 1.4269 |
|---|---|---|
| 4 weeks | ±0.0255 | 1.4014 to 1.4524 |
| 8 weeks | ±0.0324 | 1.3945 to 1.4593 |
| 13 weeks | ±0.0383 | 1.3886 to 1.4652 |
A statistical projection, not a prediction of policy and not investment advice. How the projections work.
Rate-implied forward
Where the exchange rate would have to be for an investor to earn the same by holding dollars or the other currency, given today's interest rates: 3m forward 1.4208; 6m forward 1.4147; 12m forward 1.4026. Shown as ◇ on the chart.
This is what the interest-rate gap prices in, not a prediction: in practice the spot rate has often moved the other way, and over a few months a simple no-change assumption is usually at least as accurate.
Inputs: US 3-month Treasury bill 4.10% (15 Oct 2026); Canada's 3-month interbank rate 2.33% (Sep 2026). Source: FRED.
About this data
Daily noon buying rate in New York for the Canadian dollar, in Canadian dollars per US dollar, from the Federal Reserve's H.10 release, via FRED.
What it measures
How many Canadian dollars one US dollar buys.
Why it matters
Canada is the largest buyer of US exports and the main foreign supplier of US energy. The rate tracks oil prices and the gap between Fed and Bank of Canada policy, and it moves with every turn in US–Canada tariff disputes and the USMCA review.
gov.house refreshes this page automatically from the official source twice a day. Figures are shown as published; recent values can be revised by the source agency.
Latest values
| Date | Canadian dollars per US dollar |
|---|---|
| 09 OCT 2026 | 1.4269 |
| 08 OCT 2026 | 1.4246 |
| 07 OCT 2026 | 1.4255 |
| 06 OCT 2026 | 1.4219 |
| 05 OCT 2026 | 1.4244 |
| 02 OCT 2026 | 1.4253 |
| 01 OCT 2026 | 1.4253 |
| 30 SEP 2026 | 1.4210 |
| 29 SEP 2026 | 1.4189 |
| 28 SEP 2026 | 1.4169 |
| 25 SEP 2026 | 1.4140 |
| 24 SEP 2026 | 1.4140 |