$100 USD equals approximately $138.90 CAD at the current exchange rate. The exact amount changes every business day based on the Bank of Canada reference rate.
The current exchange rate is 1 USD = ~1.389 CAD. Below is a full conversion table for common US dollar amounts, plus what affects the rate and how to get the best deal when converting.
USD to CAD Conversion Table
Based on the current Bank of Canada rate. Values update automatically.
| US Dollars (USD) | Canadian Dollars (CAD) |
|---|---|
| $1 USD | $1.39 CAD |
| $5 USD | $6.95 CAD |
| $10 USD | $13.89 CAD |
| $20 USD | $27.78 CAD |
| $50 USD | $69.45 CAD |
| $100 USD | $138.90 CAD |
| $200 USD | $277.80 CAD |
| $500 USD | $694.50 CAD |
| $1,000 USD | $1,389.00 CAD |
| $5,000 USD | $6,945.00 CAD |
| $10,000 USD | $13,890.00 CAD |
How Has the USD/CAD Rate Changed?
The US dollar has been consistently stronger than the Canadian dollar, but the gap has widened and narrowed over the years.
| Period | Rate (1 USD = X CAD) | $100 USD = |
|---|---|---|
| March 2026 (now) | 1.389 | $138.90 CAD |
| November 2025 (CAD low) | 1.454 | $145.40 CAD |
| March 2025 (1 year ago) | ~1.37 | ~$137.00 CAD |
| 2021 average | 1.254 | $125.40 CAD |
| 2021 low (CAD strongest) | 1.204 | $120.40 CAD |
In short: $100 USD buys about $13 more CAD today than it did in 2021, when the Canadian dollar was at its strongest recent level. The rate hit its weakest point in November 2025, when $100 USD was worth $145 CAD.
What Affects the USD/CAD Rate?
Interest rate differential
The Bank of Canada rate is currently 2.25%, while the US Federal Reserve holds at 3.50%–3.75%. This ~1.3% gap favours the USD because investors earn more holding US dollars. When the gap narrows, the CAD typically strengthens.
Oil prices
Canada is a major oil exporter — roughly $170 billion worth of energy exports to the US in 2025 alone. When oil prices rise, the Canadian dollar tends to strengthen. When oil drops, CAD weakens.
Trade policy
US tariff threats against Canadian goods have weighed on the CAD in 2025–2026. The USMCA joint review scheduled for July 2026 is the next major risk event that could move the rate significantly.
Best Way to Convert USD to CAD
| Method | Cost on $100 USD | You Receive |
|---|---|---|
| Wise | ~$0.83 (0.6%) | ~$138.07 CAD |
| Credit card (no FX fee) | ~$3.47 (2.5%) | ~$135.43 CAD |
| Canadian bank | ~$3.47–$4.17 (2.5–3%) | ~$134.73–$135.43 CAD |
| Airport kiosk | ~$12.50 (9%) | ~$126.40 CAD |
On $100, the difference is small. But on $1,000 or $10,000, the gap between Wise (~$6 fee) and a bank (~$35–$42 fee) adds up fast. For amounts above $5,000, Norbert's Gambit saves even more.
Convert USD to CAD at the real exchange rate
Wise charges ~0.6% — no hidden spread, no surprises.
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