11 USD to CAD – Current Rate and Conversion Guide
How Much is 11 USD in CAD Today?
As of April 15, 2026, converting 11 US dollars to Canadian dollars yields approximately 15.29 CAD at the prevailing mid-market rate. This figure reflects real-time market conditions and demonstrates the ongoing relationship between the two North American currencies.
The USD/CAD exchange rate has demonstrated notable volatility throughout early 2026, with rates fluctuating between 1.37 and 1.39 Canadian dollars per US dollar. For those seeking to convert 11 USD to CAD, the exact amount received depends on the specific rate available at the moment of transaction and any applicable fees from financial service providers.
Understanding this conversion requires examining both the immediate exchange rate and the broader economic factors that influence currency valuations across the foreign exchange markets.
At the current rate of approximately 1.39 CAD per USD, 11 US dollars converts to roughly 15.29 Canadian dollars. Rates from multiple sources converge around this figure, though minor variations occur due to market dynamics and different data collection timestamps.
Key Rate Information
| Metric | Value | As of |
|---|---|---|
| 11 USD to CAD | 15.29 CAD | April 15, 2026 |
| Exchange Rate (USD/CAD) | 1.386864 | April 15, 2026 |
| Inverse Rate (CAD/USD) | 0.7210 | April 15, 2026 |
| Daily Change | +0.18% | April 15, 2026 |
| 52-Week Range | 1.3481 – 1.4141 | April 2025–2026 |
Key Insights on Current Rates
- Multiple sources confirm rates between 1.386864 and 1.39114 CAD per USD as of mid-April 2026
- The Canadian dollar strengthened 0.18% against the US dollar on April 15
- Rates have fluctuated within a 0.02 range over recent trading sessions
- The 52-week range spans from 1.3481 to 1.4141, indicating moderate volatility
- Quarter-end projections suggest rates stabilizing near 1.39
- Long-term forecasts indicate potential movement toward 1.37 within 12 months
What is the Current USD to CAD Exchange Rate?
The current USD/CAD exchange rate reflects ongoing market conditions influenced by monetary policy divergence between the United States and Canada. As of mid-April 2026, the rate sits at approximately 1.386864 CAD per USD, representing the amount of Canadian dollars required to purchase one US dollar in the interbank market.
This rate varies slightly depending on the data source and timestamp. Rate aggregators such as OFX, Revolut, and Wise report figures ranging from 1.386864 to 1.39114, with differences attributed to real-time market fluctuations and varying collection times.
Interest Rate Differentials
The Federal Reserve maintains its policy rate at 3.75%, while the Bank of Canada operates at 2.25%, creating a 150 basis point differential that traditionally supports US dollar strength. This interest rate gap means that holding US dollars typically offers higher returns, which tends to strengthen the USD relative to the CAD in international capital flows.
Economic Data Influence
Recent economic indicators show mixed signals in both economies. The Canadian dollar has gained 3.25% year-over-year despite the interest rate disadvantage, suggesting that commodity price dynamics and trade flows are playing significant roles in determining current valuations. Monthly data indicates the CAD weakened 1.77% over the past month, recovering some ground in recent trading sessions.
How Does the USD to CAD Rate Change Over Time?
The USD/CAD exchange rate has experienced substantial movement over recent months, with the pair declining from late 2025 peaks near 1.405 toward current levels around 1.39. This downward trend reflects shifting market sentiment regarding interest rate expectations and broader macroeconomic conditions in both countries.
Recent Monthly Performance
- November 30, 2025: Monthly close at 1.40505
- December 31, 2025: Rate declined to 1.3786
- January 31, 2026: Continued downward movement to 1.377931
- February 28, 2026: Reached low point of 1.365178
- March 31, 2026: Recovered to 1.372518
- April 15, 2026: Current rate at 1.386864
Weekly and Daily Fluctuations
Shorter-term data reveals considerable intraday and weekly volatility. The rate fluctuated between 1.37375 and 1.3873 over the past week, with daily changes ranging from +0.09% to +0.02% in recent sessions. This activity indicates active market participation as traders respond to economic releases and central bank communications.
The USD/CAD pair reached its all-time high of 1.62 in January 2002. Yearly averages have evolved significantly, rising from 0.73 in 2008 to approximately 0.92–0.95 in recent years. The current rate of approximately 1.39 reflects a notably stronger Canadian dollar compared to historical averages.
Performance Over Different Timeframes
| Period | Rate/Change | Notes |
|---|---|---|
| Past Week | 1.37375–1.3873 | Fluctuated, up 0.06% daily |
| Past Month | Weakened 1.77% | From approximately 1.39 |
| Past Year | -0.82% | 52-week range: 1.3481–1.4141 |
| Year-to-Date Average | 1.381 | Based on recent months |
What Factors Affect the USD to CAD Exchange Rate?
Multiple interconnected factors drive the USD/CAD exchange rate, creating a complex dynamic that reflects both countries’ economic conditions and global market forces. Understanding these drivers helps explain rate movements and provides context for currency conversions.
Commodity Price Dynamics
Canada functions as a major global exporter of crude oil, making the Canadian dollar particularly sensitive to petroleum price movements. When oil prices rise, demand for CAD typically increases as buyers require Canadian dollars to purchase Canadian exports, supporting CAD valuation. Conversely, declining oil prices tend to weaken the Canadian dollar relative to its US counterpart.
Monetary Policy Divergence
The interest rate differential between the Federal Reserve and the Bank of Canada significantly influences exchange rate behavior. Higher US interest rates attract capital inflows seeking better returns, increasing demand for US dollars. The current 150 basis point gap favoring the United States continues to underpin USD strength in the medium term.
Exchange rates fluctuate continuously in real-time foreign exchange markets. The rates referenced in this article represent mid-market quotations as of specific dates and may differ from rates offered by banks, currency exchanges, or payment services. Always verify current rates before executing transactions.
Economic Indicator Releases
Scheduled releases of economic data—including employment reports, inflation figures, and gross domestic product readings—routinely trigger short-term rate volatility. Strong Canadian economic data may support CAD appreciation, while weaker readings can prompt declines. Market participants closely monitor indicators from both nations to inform trading decisions.
Strength Comparison: USD vs. CAD
| Factor | USD Position | CAD Position | Market Impact |
|---|---|---|---|
| Interest Rates | Fed at 3.75% | BoC at 2.25% | Supports USD strength |
| Recent Performance | Stable | +0.18% daily; +3.25% yearly | Temporary CAD edge |
| 12-Month Outlook | Expected resilience | Short-term weakness projected | Possible movement to 1.37 |
| Historical Context | Historically stronger | Oil-dependent volatility | USD generally favored |
Understanding Exchange Rate Certainty
When converting currencies, understanding what information is reliably established versus what remains uncertain helps readers make informed decisions and set appropriate expectations.
Historical exchange rate data from central banks and licensed data aggregators provides reliable records of past rates. Specific closing rates on documented dates—such as the November 2025 close at 1.40505 or the February 2026 low of 1.365178—are verifiable through official sources. Current rate levels as of mid-April 2026 are consistently reported across multiple independent platforms within a narrow range of 1.386864 to 1.39114.
Established Information
- Official exchange rate data from Bank of Canada and Federal Reserve historical records
- Monthly closing rates documented through licensed financial data providers
- Interest rate levels for both central banks as of the most recent policy meetings
- Directional trends over defined periods (weekly, monthly, yearly)
- Historical peaks and troughs including the January 2002 all-time high of 1.62
Information That Remains Unclear
- Intraday rate movements between data collection timestamps
- Precise rate quotes offered by specific financial institutions or payment platforms
- Impact of unscheduled economic events or geopolitical developments
- Future rate movements beyond general directional forecasts
- Specific transfer fees or commissions applied by individual service providers
Why the USD to CAD Rate Matters for Conversions
The exchange rate between the US dollar and Canadian dollar carries particular significance due to the close economic relationship between the two nations. With extensive cross-border trade, tourism, and personal remittances flowing between the United States and Canada, understanding this rate helps individuals and businesses plan currency conversions effectively.
For someone converting 11 USD to CAD, the approximately 15.29 CAD received represents purchasing power that can be deployed in the Canadian economy. Whether for travel expenses, online purchases from Canadian vendors, or sending money to family members in Canada, the exchange rate directly affects the value received in each transaction.
Additionally, businesses engaged in cross-border commerce monitor these rates closely to price products appropriately, manage currency risk, and optimize timing for currency exchanges. The current environment—with the pair hovering near 1.39—reflects relatively stable conditions compared to the more volatile periods seen in previous decades.
Reliable Sources for USD/CAD Exchange Rate Data
Accessing accurate exchange rate information requires consulting reputable sources that derive data from regulated financial markets. The following categories of sources typically provide reliable currency data.
Central Bank Records
The Bank of Canada publishes official exchange rate data based on daily observations of currency markets. Similarly, the Federal Reserve maintains comprehensive historical records of USD/CAD rates. These central bank sources provide authoritative baselines for understanding long-term currency relationships.
Licensed Financial Data Aggregators
Platforms such as XE, TradingEconomics, and OFX compile real-time and historical exchange rate data from multiple banking and market sources. These aggregators offer convenient access to current rates, historical charts, and analytical tools for tracking currency pair movements.
Currency Conversion Platforms
Services like Wise and Revolut provide consumer-facing exchange rate information alongside fee structures. While these platforms offer user-friendly interfaces, their rates typically include service charges that differ from mid-market quotations.
“Exchange rates fluctuate continuously in response to economic data releases, central bank communications, and geopolitical events. Users should verify current rates at the time of any currency conversion.”
11 USD to CAD: Summary of Current Conditions
Converting 11 US dollars to Canadian dollars yields approximately 15.29 CAD at the prevailing mid-market rate of approximately 1.39 CAD per USD as of mid-April 2026. This rate reflects current market conditions influenced by the interest rate differential between the Federal Reserve at 3.75% and the Bank of Canada at 2.25%, as well as broader economic factors including commodity prices and trade flows.
Historical data shows the pair trading within a 52-week range of 1.3481 to 1.4141, with recent months averaging around 1.381. Medium-term forecasts suggest potential movement toward 1.37 within the next 12 months as market expectations regarding monetary policy continue to evolve. For accurate, up-to-date conversions, consulting live exchange rate tools from reputable financial sources remains essential.
For additional currency conversion guides, see our resource on 100 grams to oz conversion factors and related 8 oz to grams measurement conversions.
Frequently Asked Questions
How do I convert USD to CAD?
To convert US dollars to Canadian dollars, multiply the USD amount by the current exchange rate. For example, multiplying 11 by the current rate of approximately 1.39 yields approximately 15.29 CAD.
What is 11 CAD to USD?
The inverse conversion—11 Canadian dollars to US dollars—uses the reciprocal of the USD/CAD rate. At approximately 1.39 CAD per USD, 11 CAD equals roughly 7.91 USD.
Is the US dollar stronger than the Canadian dollar?
Currently, the USD outperforms the CAD due to the interest rate differential, with the Fed at 3.75% compared to the Bank of Canada at 2.25%. This gap typically supports USD strength, though recent performance shows the CAD gaining 3.25% over the past year.
Why do exchange rates fluctuate?
Exchange rates change continuously based on interest rate differentials, commodity prices (particularly oil for CAD), economic data releases, central bank communications, and broader market sentiment toward each currency.
Where can I find historical USD/CAD rates?
Historical exchange rate data is available through central bank websites, including the Bank of Canada and Federal Reserve, as well as financial data platforms such as OFX and TradingEconomics.
Will the USD/CAD rate continue to change?
Exchange rates fluctuate constantly in response to economic conditions and market dynamics. Projections suggest potential movement toward 1.37 within 12 months, but actual rates will depend on future economic data, central bank decisions, and global market conditions.
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