Market Commentary  14759
December, 2013 Data:

The 12 month forecast for the Canadian Dollar is in the table at the top of this
page. Forecast-Chart.com is forecasting that the exchange rate for the
Canadian Dollar will be roughly 1.07 Canadian Dollars to the USD. The table
shows a HDTFA of 0.06 which suggests that the January, 2015 currency
exchange rate could easily fall between 1.13 and 1.02 CAD/USD. Links to
Forecasts for fourteen other currencies may be found by clicking Currency
Exchange Forecasts at the top of this page.

All data and calculations on this page are based on the average daily rate per
calendar month for CAD/USD.

HISTORICAL EXCHANGE RATE SUMMARY: CAD/USD
Average (Last 12 Months)        1.03
Average (Last 10 Years)          1.10
High (Last 12 Months)             1.06   (December, 2013)
Low (Last 12 Months)              0.99   (January, 2013)
High (Since January, 1971)      1.60   (January, 2002)
Low (Since January, 1971)       0.96   (July, 2011)

The Canadian Dollar exchange rate for December, 2013 averaged 1.06 CAD to
USD. That's 1.5 basis points higher than the November, 2013 rate of 1.05, and
7 basis points higher than the December, 2012 rate of 0.99.  The rise in the
CAD/USD exchange rate from November to December provides evidence that
the short term trend in CAD/USD is up. In other words, a strengthening of the
US Dollar against the Canadian Dollar in the short term. If that trend continues
in the currency market, we should see an average daily rate in January, 2014
that is close to 1.08.

The average Canadian Dollar conversion rate over the last 12 months was
1.03. The average rate over the last 10 years was 1.10.  A lower Canadian
Dollars to US Dollars exchange rate over the last 12 months compared to the
average currency rates over the last 10 years serve as an indicator that the
long term rate trend in CAD/USD is down (weakening US Dollar against the
Canadian Dollar).

The highest currency rate for CAD/USD over the last 12 months was 1.06. The
lowest was 0.99. The market high was attained in December, 2013. The market
low was achieved in January, 2013.

Forecast-Chart.com's historical research covers Canadian Dollar data back to
January, 1971. The average exchange value during that period of history was
1.21 CAD/USD. The highest rate was 1.60. The lowest was 0.96.  The market
high was attained in January, of 2002. The market low was achieved in July of
2011. Recent rates experienced in December of 2013 are similar to the
historical 1.21 average.

This page provides a five year chart and a forecast for the Canadian Dollar.
For links to longer term charts, look at the links under the five year chart
(above). One link opens a ten year chart. Another opens our longest term
graph on the Canadian Dollar. Just one glance at our long term charts can
provide tremendous insight into the historical trends of the financial markets.
The table above presents additional historical information on the Canadian
Dollar. Rate data is presented on an annual basis.












































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1.20
1.40
1.60
Canadian Dollars per 1 US Dollar are shown in gray (average daily rate per calendar month). The
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the US
Dollar has weakened,
causing...
Canadian Dollar to US Dollar (CAD to USD) - 5 Year History
Canadian Dollar (CAD) Currency Exchange Forecast
Target Month
Forecast
HDTFA
Forecast for the currency exchange rate of the
Canadian Dollar for the target month indicated,
shown in Canadian Dollars per US Dollars.
January 2015
1.07
0.06
Updated Monday, January 27, 2014.
Canadian Dollar Currency Exchange Rate Forecast
1.00
.60
1.80
.80
Canadian Dollar Forecast
Recent Currency Exchange Rates
Historical Canadian Dollar Rate (CAD)
Year
CAD/USD
Year
CAD/USD
Year
CAD/USD
Year
CAD/USD
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1.01
0.99
1.00
0.98
1.02
0.99
1.06
1.14
1.17
1.17
1.20
1.23
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1.23
1.30
1.37
1.39
1.33
1.23
1.18
1.17
1.15
1.21
1.29
1.37
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
1.37
1.36
1.38
1.48
1.49
1.49
1.55
1.57
1.40
1.30
1.21
1.13
2007
2008
2009
2010
2011
2012
1.07
1.07
1.14
1.03
0.99
1.00
Average annual currency exchange rate for the Canadian Dollar (Canadian Dollars per
U.S. Dollar) is shown in this table: 1971 to present.
Forecast & Current Analysis: Canadian Dollar (CAD)
Forecasts, charts and analysis...
1/09
1/2010
1/2011
1/2012
1/2013
1/2014
1/2015
1/16