Canadian Dollar to US Dollar (CAD/USD) forecast for 2024
Updated: March 14, 2023 3:20
Inverse rate: USD to CAD
Canadian Dollar to Dollar price online today
How much will the CAD/USD currency pair cost in 2024? What is the forecast for the CAD/USD currency pair? What is the target price of the Canadian Dollar / Dollar currency pair for 2024?
Will the Canadian Dollar rise or fall against the Dollar?
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Euro / Dollar currency pair are presented below in the form of graphs, tables and text information.
How much will the Canadian Dollar (CAD) cost against the Dollar (USD) in January, February, March, April, May, June, July, August, September, October, November, December 2024?
Historical and forecast chart of the Canadian Dollar/Dollar currency pair
The chart below shows the historical quotes of the CAD/USD pair and the forecast chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Canadian Dollar/Dollar rate can be found in the table below.
Long-term forecasts by years.
Canadian Dollar / Dollar (CAD/USD) Forecast 2024 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.7898 | 0.7714 | 0.8170 | 5.58 % |
| Feb | 0.8151 | 0.8017 | 0.8358 | 4.07 % |
| Mar | 0.8535 | 0.8289 | 0.8695 | 4.68 % |
| Apr | 0.8231 | 0.8100 | 0.8386 | 3.41 % |
| May | 0.8111 | 0.8003 | 0.8336 | 4.00 % |
| Jun | 0.7939 | 0.7687 | 0.8081 | 4.88 % |
| Jul | 0.7670 | 0.7598 | 0.7883 | 3.61 % |
| Aug | 0.7462 | 0.7349 | 0.7637 | 3.77 % |
| Sep | 0.7294 | 0.7197 | 0.7553 | 4.71 % |
| Oct | 0.7090 | 0.6853 | 0.7311 | 6.26 % |
| Nov | 0.7119 | 0.6911 | 0.7303 | 5.37 % |
| Dec | 0.7273 | 0.7078 | 0.7345 | 3.64 % |
Pes. - the level of the pessimistic forecast.
Opt. - the level of the optimistic forecast.
Vol., % - expected volatility.