How are monthly FX rates different from daily exchange rates?

Monthly FX rates show how currency values are expected to trend over longer periods, offering a broader outlook compared to daily fluctuations. This can be useful for planning future transfers or payments.

What drives changes in the Canadian dollar exchange rate?

The Canadian dollar exchange rate is influenced by interest rates, inflation, oil prices, trade balances, and global economic conditions. Sudden geopolitical or financial news can also cause sharp movements.

Are the exchange rate projections guaranteed?

No, exchange rate forecasts are not guarantees. They’re estimates based on expert analysis and historical data. They provide directional guidance but should be combined with other market insights when making decisions.

What are the benefits of tracking monthly FX rates?

Tracking monthly FX rates helps you spot currency trends, plan transfers with better timing, and avoid unfavourable rates. It’s a strategic way to maximize value from your international payments.

Can businesses use these forecasts for budgeting or hedging?

Yes, businesses can use monthly exchange rates and CAD forecasts to budget for international operations, assess pricing impact, or plan hedging strategies to manage currency exposure.

Currency Updates

Canadian Dollar Monthly Exchange Rates Forecast - September 2025

Date : September 2, 2025

Access the latest CAD forecast along with major economic event listings. Track projected currency movements and key market drivers to make better-timed international transfers or hedging decisions.

Canadian Dollar Performance

Currency Pair	Sep 01, 2025	Weekly Change	Monthly Change	Yearly Change
USD / CAD	1.38	-0.50%	-0.14%	1.62%
EUR / CAD	1.61	-0.43%	0.42%	7.20%
GBP / CAD	1.86	-0.94%	0.93%	4.02%
CAD / JPY	107.01	1.20%	0.85%	0.43%
CAD / CHF	0.58	0.60%	0.14%	-6.92%
CAD / CNY	5.19	0.19%	-0.99%	-1.44%
CAD / INR	63.99	1.05%	1.12%	3.30%
AUD / CAD	0.90	-0.17%	0.48%	-1.28%
NZD / CAD	0.81	-0.48%	-1.05%	-3.65%
CAD / MXN	13.56	1.10%	-0.32%	-6.60%

Canadian Dollar Monthly Forecast

Currency Pair	Dec 2025	Mar 2026	Jun 2026	Sep 2026
USD / CAD	1.35	1.34	1.34	1.35
EUR / CAD	1.58	1.59	1.61	1.61
GBP / CAD	1.85	1.84	1.84	1.83
CAD / JPY	106.70	105.23	103.73	99.93
CAD / CHF	0.60	0.60	0.60	0.61
CAD / CNY	5.32	5.32	5.30	5.26
CAD / INR	63.95	63.81	63.85	63.19
AUD / CAD	0.87	0.87	0.87	0.85
NZD / CAD	0.81	0.81	0.81	0.78
CAD / MXN	14.84	15.02	15.19	15.23

Key Economic Events This Month

Key Economic Events This Month
USD	Sep 3, 2025	JOLTS Job Openings
USD	Sep 4, 2025	ADP Nonfarm Employment Change
USD	Sep 4, 2025	Trade Balance
USD	Sep 4, 2025	Exports + Imports
CAD	Sep 4, 2025	Trade Balance
USD	Sep 5, 2025	Nonfarm Payrolls
USD	Sep 5, 2025	Unemployment Rate
CAD	Sep 5, 2025	Employment Change
CAD	Sep 5, 2025	Unemployment Rate
USD	Sep 10, 2025	PPI
USD	Sep 11, 2025	Inflation Rate
CAD	Sep 12, 2025	Building Permits
CAD	Sep 16, 2025	Housing Starts
USD	Sep 16, 2025	Retail Sales
CAD	Sep 16, 2025	Inflation Rate
USD	Sep 17, 2025	Housing Starts
CAD	Sep 19, 2025	Retail Sales
USD	Sep 25, 2025	GDP Growth Rate
CAD	Sep 26, 2025	GDP Growth Rate
USD	Sep 26, 2025	Core PCE Price Index

Upcoming Central Bank Meetings

Country	Date	Event
Europe	Sep 11, 2025	European Central Bank Interest Rate Decision
United States	Sep 17, 2025	Federal Reserve Interest Rate Decision
Canada	Sep 17, 2025	Bank of Canada Interest Rate Decision
United Kingdom	Sep 18, 2025	Bank of England Interest Rate Decision
Japan	Sep 18, 2025	Bank of Japan Interest Rate Decision

Currency market updates

Track key currency movements and plan your transfers with confidence.

FX tools at your fingertips

Live Exchange Rates

Currency Charts

Currency Converter

Historical Exchange Rates

Daily Rate Lookup

Rate Alert

Economic Calendar

Stay ahead of the markets with daily and weekly currency updates and monthly forecasts.

Connect with us

Business professional analyzing currency market statistics using a tablet and laptop showing bar and line charts.

Stop letting banks take the biggest cut.

Switch to MTFX for better exchange rates, lower fees, and real savings on foreign currency transfers.

We make sending money simple

Smiling man working remotely at a café, talking on the phone while using a tablet and laptop.

Personal transfers

Sending money abroad? We’ve got you covered with low fees, great rates and no hassle.

Personal transfers

Two smiling businessmen in a modern office reviewing something on a smartphone while holding coffee and a laptop.

Business transfers

Global payments made easy, with fast transfers, great exchange rates and personalized service.

Business transfers

Ecommerce business owner organizing packages at a desk with a clipboard and laptop in a modern workspace.

Ecommerce transfers

Get paid, no matter where your customers are. Simple, secure payments for your online store.

E-commerce transfers

How to send money with MTFX

Open your personal or business account and start saving on international money transfers.

1
Sign up for free
Create your account in less than five minutes—no setup fees or hidden charges.
2
Get a real-time exchange rate
Instantly access competitive exchange rates for your transfer amount and destination.
3
Enter recipient information
Provide your recipient’s banking details to ensure fast and secure delivery of funds.
4
Confirm and send your transfer
Review the details, complete your transaction, and track your transfer every step of the way.

Create an account

How to read CAD forecast?

A businessman reviewing live market charts on multi-monitor setup in a professional office environment.

The forecast shows you where the Canadian dollar is expected to head over the next few months, based on key market data. Just pick the currency pair you care about (like CAD to USD), and look across the quarters to see how the rate is projected to change.

If the future rate is higher, it could mean the Canadian dollar is expected to weaken. If it’s lower, the loonie might be gaining strength. These forecasts can help you decide when to exchange, transfer, or hold off, giving you more control over your international payments.

How to read CAD forecast?

Get started

Understanding volatility and risk in FX markets

Foreign exchange markets are highly sensitive to global events, from geopolitical tensions and economic data to central bank decisions. These factors can trigger sudden shifts in currency values, especially for currencies like the Canadian dollar. As a result, the Canadian dollar exchange rate forecast can quickly change when new information impacts market sentiment.

Unexpected interest rate hikes, surprise inflation readings, or political instability can cause the Canadian dollar to strengthen or weaken rapidly. That’s why forecasts should be viewed as directional insights rather than fixed outcomes—they are based on current conditions but remain susceptible to sudden market volatility.