Exchange Rate in Canada
Inflation edged up to 4.4% in April, following March’s 4.3% and contrasting market expectations for a decline. Inflation should move back within the Central Bank’s 1.0–3.0% target range in H2, supported by improved global supply chains and a more favorable base effect. However, inflation is only forecast to return to the midpoint of the target range in late-2024.
Canada Exchange Rate Chart
This chart displays Exchange Rate (vs USD) for Canada from 2013 to 2022.
Canada Exchange Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (CAD per USD, eop) | 1.25 | 1.37 | 1.30 | 1.27 | 1.26 |