Northern MileUSD / CAD
The Bank of Canada publishes one USD/CAD observation per business day. It is not a continuous market rate and it is not the rate your bank will give you. It is the reference figure, and it is the one worth quoting.
A rising rate means a weaker loonie — US freight pays more in CAD, but US parts and equipment cost more. A falling rate is the reverse. Work out what a lane costs
Where today sits
Today against the past 52 weeks.
52-week range
CAD per US dollar · today is 100% of the way from the low to the high
The past year
Daily observations, with a 30-day moving average.
USD / CAD
Thin line is the daily observation · bold line is the 30-day trend
Where the year clustered
Trading days at each rate · green is today’s bucket
Recent moves
Per cent change · green stronger CAD, red weaker
How big a deal
Today’s move on the noise-to-alert scale.
Move band
Today’s change is +0.06% — a noise move
What the rate means for your money
At 1.4254, one US dollar buys 1.4254 Canadian dollars.
Why a diesel dashboard publishes a currency
A Canadian carrier running into the United States buys fuel in two currencies and gets paid in one. A cent on the exchange rate moves the cost of a US fill as surely as a cent on the pump price does, and the two rarely move together.
This page carries the Bank of Canada observation and its date. We publish the observation date rather than the fetch time because they are different things, and conflating them once put a six-week-old rate on this dashboard for thirty days. That correction is documented on the methodology page.
Diesel, the border, and the dollar
The three costs that move a Canadian carrier's week, dated and linked. One email on Wednesday mornings.
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