Find exchange rates, along with supporting data and background information. “However, gains in oil prices may seem limited as market participants have to digest the prospects of Russian supplies being brought back on the market amid potential Ukraine-Russia peace talks,” Yeap said. The day range on the loonie was 70.41 US cents to 70.64 US cents in early trading.
Xe currency data API
- The CEER index is a weighted average of bilateral exchange rates for the Canadian dollar against the currencies of Canada’s major trading partners.
- For exchange delays and terms of use, please read disclaimer (will open in new tab).
- And with our daily summaries, you’ll never miss out on the latest news.
- Regardless of the deals that will eventually be struck between countries, the lesson that should be learned in Canada is that there can be no guarantee against future tariff attacks.
- The bulk of the U.S. trade deficit with Canada is owing to energy.
- It is for informational and educational purposes only as of the date of writing, and may not be appropriate for other purposes.
- The Canadian dollar was up about 2 per cent against the greenback over the past month.
In other commodities, spot gold was up 0.3 per cent at US$2,936.99 an ounce. Overseas, the pan-European STOXX 600 was flat in morning trading. Britain’s FTSE 100 slid 0.29 per cent, Germany’s DAX declined 0.33 per cent and France’s CAC 40 rose 0.43 per cent.
Historical currency rates
Schedule international transfers across 130 currencies in 190+ bitbuy review countries. Deere & Co. has recorded a lower first-quarter profit, as more farmers switched to renting tractors and other equipment due to weak incomes and high borrowing rates. Telus Corp. has reported its fourth-quarter profit and revenue rose compared with a year ago. In other commodities, spot gold added 0.3 per cent to trade at US$2,913.38 an ounce. Authors and topics you follow will be added to your personal news feed in Following.
Historical Chart 1 CAD/USD
Learn about the publication of, and calculation methodology for, the foreign exchange (FX) rate data on the Bank of Canada’s website. The foreign exchange market determines how much the Canadian dollar is worth. At the Bank of Canada, we very rarely intervene to support its value. These rates were last updated in January 2018, and will Best day trading stocks not be updated in future. The Canadian-Dollar Effective Exchange Rate index (CERI) was replaced by the Canadian Effective Exchange Rate index (CEER) as of January 2018. These rates were last updated 28 April 2017 using the Bank’s old calculation methodology, and will not be updated in future.
Exchange rates
- Exporters may see the silver lining of an even weaker currency, as long as they have market access.
- The Canadian dollar was up about 2 per cent against the greenback over the past month.
- And with our daily summaries, you’ll never miss out on the latest news.
- Canadian Tire saw improved customer sentiment in the fourth quarter that helped fuel sales growth, but reported revenue that fell short of analysts’ forecasts.
- A year ago today, on this day, provided the equivalent of $1.00 us dollar for $1.35 canadian dollar, which is $0.071 less than it is now.
- In other commodities, spot gold was up 0.3 per cent at US$2,936.99 an ounce.
- But overall, the impacts of tariffs are unambiguously negative for the Canadian currency.
The Canadian dollar was up about 2 per cent against the greenback over the past month. The day range on the loonie was 69.87 US cents to 70.15 US cents in early trading. The Canadian dollar was up about 0.72 per cent against the greenback over the past month.
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At the end of January, for example, the policy interest rate was 4.50% in the U.S. and just 3.00% in Canada. The last time Canada’s yield disadvantage was that large was back in December 1997, when the loonie was trading near 70 cents. A year ago today, on this day, provided the equivalent https://www.forex-world.net/ of $1.00 us dollar for $1.35 canadian dollar, which is $0.071 less than it is now.
Updated if and when the Bank intervenes in foreign exchange markets. Compare our rate and fee with our competitors and see the difference for yourself. Lagging investment, particularly relative to the U.S., has indeed translated to weak productivity growth, and therefore diminished competitiveness over the last two decades. That, coupled with lack of diversification – more than 70% of our exports still head stateside – has arguably made exporters increasingly dependent on a depreciating Canadian dollar (versus the USD) to boost sales. Whether you need to make cross-border payments or FX risk management solutions, we’ve got you covered.