USD holds its elevated range.
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The US dollar declined against the Canadian dollar on Friday October 16 2026, falling 3bps from 1.4196 at the previous close to 1.4191. One Canadian dollar bought US$0.705, up from US$0.704 at Thursday’s close. The rate stands 97bps above its 30-day average of 1.4055, reflecting sustained USD strength. The previous close was recorded at the Bank of Canada’s official daily fix on Thursday October 15 2026.
| USD/CAD | 1.4191 |
| DoD | −3bps (−0.03%) |
| Prev. close | 1.4196 (October 15 2026) |
| 30d avg | 1.4055 |
| 30d spread | +97bps vs avg |
| Source | Bank of Canada |
| Date | October 16 2026 |
View rate data for October 16 2026 →
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