Exchanging 100 USD to CAD- What Are The Current Rates?

Table of contents

1) Convert USD to CAD to find out what current rate is instantly in real time 

2) find out what institutions rates are for converting it. this will be different because they charge a fee for converting it

3)What can you buy for 100USD when you convert it? 

4) Find out what future holds for theses 2 currencies. Whats its done in the past and where it will most likely go in the next 3 months.

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So you want to convert 100 USD to CAD? Find out quickly what it is below with our converter.

1)If you are trying to find the current exchange rate today for USD to CAD use our converter below to find out quickly what it is right now in real time. 

Convert it now

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2)Find out what the different institutions rates are below. Can you exchange/convert usd at these banks? Find out below. Also find out USD to CAD with tax/fees included looks like? They all charge fees and have different rules about exchanging money. How much is $100 American in Canadian money?

a)RBC- you can find out the latest exchange rate for RBC here

b)CIBC-you can find out the latest exchange rate for CIBC here

c)TD-you can find out the latest exchange rate for TD here

d)Western Union -you can find out the latest exchange rate for WU here

e)Paypal -you can find out the latest exchange rate for PP here

f)BMO-you can find out the latest exchange rate for BMO here

3)Find out what can you buy for 100 USD when you convert it? Its called the PPP or (Purchasing Power Parity) between the 2 countries. If you are going on a trip you've likely wondered will my money be worth less, more or about the same? Is it better to save US dollars or Canadian dollars?

PPP is the most common metric. It works by comparing different countries currencies through a "basket of goods" approach.  As an example to help you understand what that looks like there is something called the "Big Mac Index" which tracks the cost of a Big Mac McDonalds meal in 118 countries. So if a Big Mac meal costed 8$USD in California and then you bought the same meal in China and it costed 6$ USD after the conversion into YEN you actually saved 2$ after exchange rate fees and taxes.

The OEDC has an updated chart showing it yearly here

4) Find out what future holds for theses 2 currencies. Whats its done in the past and where it will most likely go in the next 3 months. We'll look at future charts and historical ones. Will the CAD get stronger than the USD or possibly be go back to parity in the near future?

When looking at future forecasts you will inevitably be met with a wide variety of opinions from various institutions and governments. So who do you trust? 

The most reliable 2 ways are to 

a)look at the consensus across a dozen or more agencies or 3rd parties about the larger or macro trends in the markets

b) then for the short term complexly ignore what the market is saying and just focus on what its doing or using technical analysis.  In my opinion