Historic Canadian dollar United States dollar

Canadian dollar united states dollar history for August 2023. The highest quote for this month is 0.75192 (01/08/2023) and the lowest 0.75839 (01/08/2023). The difference between high and low is -0.86.

CAD USD average rate for August 2023 is 0.74419, the change between 01/08/2023 and 31/08/2023 is +2.96 %.

01 August 20231 CAD = 0.7580 USD
04 August 20231 CAD = 0.7490 USD
07 August 20231 CAD = 0.7478 USD
08 August 20231 CAD = 0.7479 USD
10 August 20231 CAD = 0.7452 USD
12 August 20231 CAD = 0.7442 USD
14 August 20231 CAD = 0.7441 USD
15 August 20231 CAD = 0.7430 USD
17 August 20231 CAD = 0.7387 USD
20 August 20231 CAD = 0.7382 USD
21 August 20231 CAD = 0.7385 USD
28 August 20231 CAD = 0.7356 USD

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.