Cost of moneyCanada

Currency in Canada

Did that currency hold its value against the dollar this year?

Canada's currency is -0.15 % — #31 of 71 countries on the atlas (higher is better). Period 2026-10-23.

-0.15%

Checked 24 Oct 2026Period 2026-10-23

Source: Currency strength vs USD (own calculation from ECB reference-rate snapshots)

One unit buys 0.1 % fewer dollars than a year ago.

Currency in Canada over time

89 official observations, 24 July 2026 → 23 October 2026. Every point is a published value — never interpolated.

Rank: #31 of 71; higher is better
Ranked behind: 56 %; 40 of 71 countries
Latest move: ▼ 0.01 pp; since 22 October 2026
Below its peak: 1.26 pp; peak 1.11 % in 23 August 2026
Full series: ▲ 3.14 pp; since 24 July 2026

In Americas: #14 of 14vs median -2.73 %: +2.58 pp (better)

Among 71 countries

Half of all 71 countries sit between -3.25 % and 0.00 %. Canada is ahead of 56 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#	Country	Currency	vs Canada
29	El Salvador	0.00 %	+0.15 pp
30	Cuba	0.00 %	+0.15 pp
31	Canada	-0.15 %	—
32	Poland	-0.28 %	−0.13 pp
33	Hong Kong	-0.84 %	−0.69 pp

The currency’s US-dollar value now vs one year ago — positive means it strengthened. Our calculation from daily ECB reference rates.

How to read this figure

Our own calculation from daily ECB reference rates: the currency’s US-dollar value today versus one year ago. A strengthening currency makes imports and foreign travel cheaper; it is not a verdict on the economy.

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