Forecast of the US Dollar to Canadian Dollar (USD/ CAD) for 2024

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

Inverse rate: CAD to USD.

US Dollar To Canadian Dollar Today

1.367 + 0.29 %

The USD - CAD currency pair is currently trading at 1.367, up 0.29 % over the past day.

Key Statistics	Today	Yesterday
open	1.371 0.00 %	1.371
Today's Low	1.363 -0.37 %	1.368
Today's High	1.372 -0.51 %	1.379

Will the USD / CAD rate fall or rise? When to sell US Dollar and buy Canadian Dollar? How will USD / CAD currency pair behave in 2024?

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 USD / CAD currency pair is quoted at 1.367 , but let's see what our site’s analysts predict for 2024.

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

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

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US Dollar to Canadian Dollar (USD/CAD) Rate Prediction chart for 2024

US Dollar to Canadian Dollar Forecast Table for 2024

Month	Rate Forecast	MIN Rate	MAX Rate	Changes, %
Jan	1.5179	1.5011	1.5783	4.89 %
Feb	1.4932	1.4305	1.5445	7.38 %
Mar	1.5179	1.4694	1.5575	5.66 %
Apr	1.5820	1.5475	1.6167	4.28 %
May	1.5774	1.5435	1.5953	3.25 %
Jun	1.5472	1.5290	1.6005	4.47 %
Jul	1.5261	1.4948	1.5651	4.49 %
Aug	1.4420	1.4242	1.4682	3.00 %
Sep	1.3460	1.2801	1.3729	6.76 %
Oct	1.4128	1.3499	1.4687	8.09 %
Nov	1.4139	1.3511	1.4356	5.89 %
Dec	1.3795	1.3632	1.4121	3.46 %

Forecast of the US Dollar against the Canadian Dollar for 2024.

In Jan 2024, a bullish trend is expected on the USD/CAD currency pair. The average price for the period is 1.5179. Minimum prices are forecasted at the level of: 1.5011. The maximum value of quotes: 1.5783.

In Feb 2024, a bearish trend is expected on the USD/CAD currency pair. The average price for the period is 1.4932. Minimum prices are forecasted at the level of: 1.4305. The maximum value of quotes: 1.5445.

In Mar 2024, a bullish trend is expected on the USD/CAD currency pair. The average price for the period is 1.5179. Minimum prices are forecasted at the level of: 1.4694. The maximum value of quotes: 1.5575.

In Apr 2024, a bullish trend is expected on the USD/CAD currency pair. The average price for the period is 1.582. Minimum prices are forecasted at the level of: 1.5475. The maximum value of quotes: 1.6167.

In May 2024, a bearish trend is expected on the USD/CAD currency pair. The average price for the period is 1.5774. Minimum prices are forecasted at the level of: 1.5435. The maximum value of quotes: 1.5953.

In Jun 2024, a bearish trend is expected on the USD/CAD currency pair. The average price for the period is 1.5472. Minimum prices are forecasted at the level of: 1.529. The maximum value of quotes: 1.6005.

In Jul 2024, a bearish trend is expected on the USD/CAD currency pair. The average price for the period is 1.5261. Minimum prices are forecasted at the level of: 1.4948. The maximum value of quotes: 1.5651.

In Aug 2024, a bearish trend is expected on the USD/CAD currency pair. The average price for the period is 1.442. Minimum prices are forecasted at the level of: 1.4242. The maximum value of quotes: 1.4682.

In Sep 2024, a bearish trend is expected on the USD/CAD currency pair. The average price for the period is 1.346. Minimum prices are forecasted at the level of: 1.2801. The maximum value of quotes: 1.3729.

In Oct 2024, a bullish trend is expected on the USD/CAD currency pair. The average price for the period is 1.4128. Minimum prices are forecasted at the level of: 1.3499. The maximum value of quotes: 1.4687.

In Nov 2024, a bullish trend is expected on the USD/CAD currency pair. The average price for the period is 1.4139. Minimum prices are forecasted at the level of: 1.3511. The maximum value of quotes: 1.4356.

In Dec 2024, a bearish trend is expected on the USD/CAD currency pair. The average price for the period is 1.3795. Minimum prices are forecasted at the level of: 1.3632. The maximum value of quotes: 1.4121.

USD to CAD

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