USD to CAD in August 2026: high, low, average
Updated September 26, 2026
The US dollar bought 1.3908 Canadian dollars on average in August 2026. Over the month the rate moved down: it opened at 1.4028 on August 3 and closed at 1.3886 on August 31, a fall of 1.01%. The figures come from 21 cross rates built on European Central Bank reference data.
Direction of the month
The high came right at the start, 1.4061 on August 4. The low arrived on August 21 at 1.374. Between them the range was 2.34%, one of the wider monthly ranges among the major dollar pairs this August.
The rate fell on 12 fixings and rose on 9. The largest single move was a rise of 0.8% on August 24, to 1.3849, after the low. The last week recovered part of the decline without getting back to the early levels.
USD/CAD daily table
| Date | CAD per 1 USD | Versus previous fixing |
|---|---|---|
| August 3 | 1.4028 | down |
| August 4 | 1.4061 | up |
| August 5 | 1.4047 | down |
| August 6 | 1.3998 | down |
| August 7 | 1.401 | up |
| August 10 | 1.394 | down |
| August 11 | 1.3938 | down |
| August 12 | 1.3926 | down |
| August 13 | 1.3949 | up |
| August 14 | 1.3875 | down |
| August 17 | 1.3859 | down |
| August 18 | 1.3874 | up |
| August 19 | 1.3872 | down |
| August 20 | 1.377 | down |
| August 21 | 1.374 | down |
| August 24 | 1.3849 | up |
| August 25 | 1.386 | up |
| August 26 | 1.3862 | up |
| August 27 | 1.3869 | up |
| August 28 | 1.3854 | down |
| August 31 | 1.3886 | up |
August against July and against a year earlier
| Month | Average | Change of August 2026 against it |
|---|---|---|
| July 2026 | 1.4118 | August lower by 1.49% |
| August 2025 | 1.3805 | August higher by 0.75% |
The Canadian dollar gained ground against the US dollar compared with July. Compared with August 2025, the US dollar was still a little stronger.
Who gains from these moves
- Canadians paid in US dollars, for example freelancers with US clients, received fewer Canadian dollars per US dollar as August went on. The best day to convert was August 4, at 1.4061.
- Canadians buying in US dollars, such as online purchases or cross-border trips, paid less in the second half of the month. The low of 1.374 on August 21 was the cheapest point.
- US businesses paying Canadian suppliers paid more US dollars for the same Canadian invoice as the rate fell.
At the monthly average one Canadian dollar was worth 0.71904 US dollars.
How to read a USD/CAD quote
The rate tells you how many Canadian dollars one US dollar buys. When the number goes down, the Canadian dollar is getting stronger; when it goes up, the US dollar is. People often search for the rate the other way round, as the value of one Canadian dollar in US dollars, which is why the inverse average above is useful for Canadians planning spending in the United States.
The spread between the reference rate and the rate a bank applies can easily be larger than a quiet week's movement, so the provider you use matters as much as the date.
What to do
- Look up the exact date of your transfer on the USD/CAD daily rates for August 2026 page.
- Open USD/CAD on the high day of the month if you want to see how far the rate was from the monthly peak.
- If you receive US dollars regularly, compare your conversion rates with the average of 1.3908 to judge your timing and fees.
- Check the USD to CAD exchange rate today before you convert again, and use the 100 USD to CAD converter for quick sums.
- Browse USD/CAD in 2026 to see the year so far.
Questions and answers
What was the average USD to CAD rate in August 2026?
USD/CAD averaged 1.3908 Canadian dollars per US dollar in August 2026, based on 21 ECB cross rates.
Did the Canadian dollar strengthen in August 2026?
Yes. USD/CAD fell from 1.4028 on August 3 to 1.3886 on August 31, a decline of 1.01%, which means the Canadian dollar gained.
What was the lowest USD/CAD rate in August 2026?
The lowest fixing was 1.374 on August 21, 2026.