Exchange Rate in Canada
Inflation dropped to 4.3% in March from February’s 5.2%, representing the lowest rate since August 2021 and in line with market expectations. Inflation should move back within the Central Bank’s 1.0–3.0% target range in H2, supported by improved global supply chains and a more favorable base effect, but is not expected to return to the central 2.0% target until late-2024.
Canada Exchange Rate Chart
Canada Exchange Rate Data
|Exchange Rate (CAD per USD, aop)||1.3||1.3||1.3||1.3||1.3|