Forecast of the Canadian Dollar to American Dollar (CAD/ USD) for 2023

The forecast has been updated: March 24, 2023 1:38

Inverse rate: USD to CAD.

Canadian Dollar To American Dollar Today

0.7321 + 0.07 %

The CAD - USD currency pair is currently trading at 0.7321, up 0.07 % over the past day.

Key Statistics	Today	Yesterday
open	0.7326 + 0.63 %	0.728
Today's Low	0.7321 + 1.35 %	0.7222
Today's High	0.7326 -0.83 %	0.7387

Will the CAD / USD rate fall or rise? When to sell Canadian Dollar and buy American Dollar? How will CAD / USD currency pair behave in 2023?

If you are going on a trip and you need to exchange currency at a favorable rate, then our website and our team will help you choose the best moment.

Currently CAD / USD currency pair is quoted at 0.7321 , but let's see what our site’s analysts predict for 2023.

At allforecast.com, we predict future values through daily technical and fundamental analysis for a wide selection of currency pairs, such as Canadian Dollar to American Dollar.

We use a unique mathematical model that allows us to predict the behavior of the CAD / USD currency pair.

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Canadian Dollar to Dollar (CAD/USD) Rate Prediction chart for 2023

Canadian Dollar to Dollar Forecast Table for 2023

Month	Rate Forecast	MIN Rate	MAX Rate	Changes, %
Apr	0.6796	0.6612	0.6882	3.93 %
May	0.6402	0.6277	0.6467	2.93 %
Jun	0.6033	0.5807	0.6180	6.04 %
Jul	0.6261	0.6107	0.6380	4.28 %
Aug	0.6356	0.6198	0.6594	6.01 %
Sep	0.6700	0.6507	0.6877	5.39 %
Oct	0.6578	0.6368	0.6859	7.16 %
Nov	0.6628	0.6480	0.6810	4.85 %
Dec	0.6860	0.6703	0.7050	4.93 %

Forecast of the Canadian Dollar against the Dollar for this year.

In Apr 2023, a bearish trend is expected on the CAD/USD currency pair. The average price for the period is 0.679625. Minimum prices are forecasted at the level of: 0.661201. The maximum value of quotes: 0.688231.

In May 2023, a bearish trend is expected on the CAD/USD currency pair. The average price for the period is 0.640205. Minimum prices are forecasted at the level of: 0.627707. The maximum value of quotes: 0.646663.

In Jun 2023, a bearish trend is expected on the CAD/USD currency pair. The average price for the period is 0.603318. Minimum prices are forecasted at the level of: 0.58072. The maximum value of quotes: 0.618047.

In Jul 2023, a bullish trend is expected on the CAD/USD currency pair. The average price for the period is 0.626096. Minimum prices are forecasted at the level of: 0.610724. The maximum value of quotes: 0.63804.

In Aug 2023, a bullish trend is expected on the CAD/USD currency pair. The average price for the period is 0.635607. Minimum prices are forecasted at the level of: 0.619771. The maximum value of quotes: 0.659413.

In Sep 2023, a bullish trend is expected on the CAD/USD currency pair. The average price for the period is 0.669972. Minimum prices are forecasted at the level of: 0.65066. The maximum value of quotes: 0.687711.

In Oct 2023, a bearish trend is expected on the CAD/USD currency pair. The average price for the period is 0.657808. Minimum prices are forecasted at the level of: 0.63678. The maximum value of quotes: 0.685918.

In Nov 2023, a bullish trend is expected on the CAD/USD currency pair. The average price for the period is 0.662822. Minimum prices are forecasted at the level of: 0.648004. The maximum value of quotes: 0.681013.

In Dec 2023, a bullish trend is expected on the CAD/USD currency pair. The average price for the period is 0.685965. Minimum prices are forecasted at the level of: 0.670286. The maximum value of quotes: 0.70502.

CAD to USD

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