Canadian Dollar Monthly Exchange Rates Forecast - October 2024

FX monthly forecasts and economic analysis for Canada, the US and key international economies.

CAD Crosses Exchange Rate Analysis

Currency
Pair

Sep 30,
2024

Weekly
Change

Monthly
Change

Yearly
Change

USD / CAD

1.350.77%0.32% -1.04%

EUR / CAD

1.51-0.04%0.49% 4.76%

GBP / CAD

1.810.05%1.59% 9.03%

CAD / JPY

106.19-0.38%-2.41% -3.04%

CAD / CHF

0.63-0.35%-0.84% -6.81%

CAD / CNY

5.19-0.79%-1.52% -2.71%

CAD / INR

61.97-0.49%-0.35% 1.84%

AUD / CAD

0.940.96%2.01% 7.39%

NZD / CAD

0.860.38%1.65% 5.09%

CAD / MXN

14.561.20%-0.91% 12.63%

Canadian Dollar Monthly Currency Forecast

Currency Pair

Oct 31, 2024

Dec 2024

Mar 2025

Jun 2025

USD / CAD

1.351.341.32 1.32

EUR / CAD

1.501.491.49 1.49

GBP / CAD

1.791.761.76 1.76

CAD / JPY

106.42107.23107.05 106.33

CAD / CHF

0.640.650.66 0.67

CAD / CNY

5.335.375.38 5.38

CAD / INR

62.2262.6663.29 63.42

AUD / CAD

0.920.910.90 0.90

NZD / CAD

0.820.820.82 0.82

CAD / MXN

14.7514.8414.86 14.94

Key Economic Events This Month

CurrencyDateEvent

CAD

Oct 1, 2024

S&P Global Manufacturing PMI

CAD

Oct 3, 2024

S&P Global Services PMI

CAD

Oct 4, 2024

Ivey PMI

CAD

Oct 8, 2024

Balance of Trade

CAD

Oct 8, 2024

Imports + Exports

CAD

Oct 11, 2024

Unemployment Rate

CAD

Oct 11, 2024

Employment Change

CAD

Oct 11, 2024

Building Permits

CAD

Oct 11, 2024

Bank of Canada Business Outlook Survey

CAD

Oct 14, 2024

Thanksgiving Day

CAD

Oct 15, 2024

Inflation Rate

CAD

Oct 16, 2024

Housing Starts

CAD

Oct 22, 2024

Raw Materials Prices

CAD

Oct 22, 2024

Producer Price Index

CAD

Oct 23, 2024

Bank of Canada Monetary Policy Report

CAD

Oct 23, 2024

Bank of Canada Interest Rate Decision

CAD

Oct 23, 2024

New Housing Price Index

CAD

Oct 25, 2024

Retail Sales

CAD

Oct 31, 2024

Gross Domestic Product

Central Bank Meetings & Interest Rate Announcements

CountryDateEvent

Europe

Oct 17, 2024

European Central Bank Interest Rate Decision

Canada

Oct 22, 2024

Bank of Canada Interest Rate Decision

Japan

Oct 29, 2024

Bank of Japan Interest Rate Decision

United States

---

None

England

---

None

Stay connected and get currency market updates delivered straight to you.

Subscribe now

Why Choose MTFX?

Bank Beating Rates

Bank Beating Rates

Lower your conversion costs and keep more of your money.

Send Money Worldwide

Send Money Worldwide

Send money in 50+ currencies to over 200 countries.

24/7 Online Money Transfers

24/7 Online Money Transfers

Check rates, view balances and transfer money online quickly and efficiently with our secure online platform.

Global Payment Experts

Global Payment Experts

Our team will help ensure your transfers get where they need to be quickly and efficiently.

The Preferred Choice

The Preferred Choice

Since 1996, we’ve been helping individuals and businesses with personalized FX solutions to meet their needs.

Transact with Confidence

Transact with Confidence

MTFX has been in business for over 25 years. We are regulated by FINTRAC.

Get bank-beating exchange rates with MTFX today.

How It Works

Open an account

Open an account

Opening an account is simple, fast and free. You can monitor live exchange rates 24/7.

Book a great rate

Book a great rate

You can send transfers in over 50 currencies to more than 200 countries. You can fund your account via bank transfer or bill payment.

We’ll do the rest

We’ll do the rest

Track your transfer online. Most transfers are delivered within 24-48 hours.

Sign Up Now

Make stress-free transfers with great rates, no transfer fees and expert support.

Copyright © 2024 MTFX Group

Registration Icon
Customer Support Icon
Chat Icon