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What is $1 US worth Canada?

Latest Currency Exchange Rates: 1 US Dollar = 1.3831 Canadian Dollar.



As of March 2, 2026, the exchange rate for 1 US Dollar (USD) is approximately $1.36 Canadian Dollars (CAD). This rate reflects a period of relative strength for the USD against the CAD, which provides a "built-in discount" for American travelers heading north. For every $100 USD you exchange, you receive roughly $136 CAD. However, keep in mind that "bank rates" or "currency exchange kiosk" rates will be slightly lower (often around $1.31–$1.33) because of the fees and "spread" taken by the provider. To get the best value in 2026, it is highly recommended to use a credit card with no foreign transaction fees, as these utilize the mid-market rate which is much closer to the official $1.36 exchange. This favorable rate makes dining, shopping, and lodging in Canadian cities like Vancouver, Toronto, and Montreal significantly more affordable for those holding US currency compared to the "par" (1:1) rates seen in previous decades.

People Also Ask

Carry USD to Canada Though this currency is widely accepted at retailers, hotels, and border crossings, smaller rural areas prefer the local currency and do not accept USD. Hence, you need to use the Canadian official currency for your local cab fare, laundromats and other things.

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If you are planning to rely on USD in Canada, you may like to reconsider. Although large retailers, tourist attractions, hotels and border crossings accept US currency, smaller and rural destinations may not. Travellers don't always consider the situations when the local currency is the only option.

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Use the credit card instead of cash wherever possible. Credit card issuers typically charge fees for international transactions and you may get the best exchange rate and fees lower than those associated with exchanging cash.

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Any time you enter or leave Canada, you must declare any money or monetary instruments, such as stocks, bond or cheques, you are carrying valued at $10,000 or more.

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