Currency Mart provides real-time Canadian Dollar to US Dollar mid-market exchange rates updated every 5 minutes. Compare wholesale interbank rates directly against Canadian commercial bank spreads to verify the true cost before converting your money.
The CAD to USD mid-market exchange rate is the zero-markup baseline traded between institutions. While major Canadian banks (RBC, TD, Scotiabank, BMO, CIBC) charge retail spreads of 2.8% to 4.2% on US Dollars, Currency Mart publishes live interbank rates updated every 5 minutes and exchanges cash at wholesale spreads between 0.8% and 1.5%.
Real-time benchmark conversions calculated at live interbank rates.
| CAD | USD |
|---|---|
| $1 CAD | 0.70 USD |
| $5 CAD | 3.51 USD |
| $10 CAD | 7.03 USD |
| $25 CAD | 17.57 USD |
| $50 CAD | 35.15 USD |
| $100 CAD | 70.29 USD |
| $250 CAD | 175.73 USD |
| $500 CAD | 351.45 USD |
| $1,000 CAD | 702.90 USD |
| $2,500 CAD | 1,757.25 USD |
| $5,000 CAD | 3,514.50 USD |
| USD | CAD |
|---|---|
| 1 USD | $1.42 CAD |
| 5 USD | $7.11 CAD |
| 10 USD | $14.23 CAD |
| 25 USD | $35.57 CAD |
| 50 USD | $71.13 CAD |
| 100 USD | $142.26 CAD |
| 250 USD | $355.65 CAD |
| 500 USD | $711.30 CAD |
| 1,000 USD | $1,422.60 CAD |
| 2,500 USD | $3,556.50 CAD |
| 5,000 USD | $7,113.00 CAD |
Transparent comparison showing how typical bank retail margins affect your net return.
| Provider | Rate Spread Type | Estimated USD Received | Difference / Extra Cost |
|---|---|---|---|
| Currency Mart | Wholesale Spread (0.8% - 1.5%) | 694.47 USD | Best Value (Baseline) |
| RBC Royal Bank | Retail Bank Spread (3.5% - 4.5%) | 674.78 USD | -$35 to -$45 CAD |
| TD Canada Trust | Retail Bank Spread (3.5% - 4.5%) | 673.38 USD | -$38 to -$48 CAD |
| Scotiabank | Retail Bank Spread (3.6% - 4.6%) | 672.68 USD | -$40 to -$50 CAD |
| BMO Bank of Montreal | Retail Bank Spread (3.5% - 4.8%) | 671.27 USD | -$42 to -$55 CAD |
Currency Mart is a federally registered Money Services Business with FINTRAC (MSB registration M19918731 / M11267433). We adhere strictly to Canadian financial regulations and AML verification standards.
Walk in to convenient retail locations in Toronto (Downtown Financial District and North York) and Winnipeg (Downtown Portage Ave and St. Vital) for immediate physical cash fulfillment.
Unlike retail bank branches and airport kiosks that tack on administrative handling charges, the rate displayed on our screen is the exact rate applied to your exchange.
Clear answers on rates, banking spreads, and physical banknote fulfillment in Canada.
Institutional foreign exchange markets fluctuate continuously Monday through Friday. Currency Mart refreshes live mid-market benchmark rates every 5 minutes during active trading hours.
Canadian commercial banks add retail markups of 2.5% to 4.0% on electronic transfers and up to 5% to 7% on physical cash. This spread covers branch logistics, vault storage, and retail margins. For a $2,000 USD exchange, this markup can cost $50 to $120 more than wholesale providers like Currency Mart.
Compare the current quote directly against the interbank mid-market rate. Non-bank foreign exchange specialists like Currency Mart provide rates significantly closer to mid-market pricing than traditional retail bank branches, with immediate physical pickup available in Toronto and Winnipeg.
Under Canadian FINTRAC regulations, transactions of $3,000 CAD or more require valid government-issued photo identification (such as a driver's licence or passport). Currency Mart adheres strictly to Canadian anti-money laundering and compliance standards.