The commercial Canadian dollar rate with the time it was taken, a two-way converter and the amounts students and applicants actually need.
We could not load the stored rate. Use the refresh button or type a rate below to convert.
Almost nobody in Brazil follows the Canadian dollar out of curiosity. The people who look this up have a deadline attached: a language course in Vancouver, a college programme in Toronto, the proof of funds a study permit asks for, a first month of rent, immigration fees all denominated in Canadian dollars. That changes what the rate is for. You are not watching a market — you are pricing a commitment already agreed in another currency, and the only figure that matters is what it costs in reais on the day the money leaves.
What moves this currency is oil and the United States. Canada is one of the largest crude exporters in the world and sends the overwhelming majority of it to a single customer next door, so an oil price move reaches the currency within hours, and a shift in the trade relationship with Washington reaches it faster still. The Bank of Canada sets rates for an economy tied so tightly to the American one that its decisions are read against the Fed rather than on their own. And here is the part almost no conversion page mentions: the real is a commodity currency too. When raw materials rally, both tend to strengthen against the dollar at once, and the two moves partly cancel inside this cross — which does not make the pair calm, but does make it travel less violently than the dollar-to-real chart most Brazilians carry in their heads.
The value above is a stored quote refreshed every half hour, with the exact moment it was taken printed beside it. That is the commercial rate, the wholesale reference banks trade among themselves — not what you will pay. A transfer to a Canadian university, banknotes at a bureau and a card payment in Canada each add the spread of whoever converts your money, plus the IOF. Type the closed rate you were offered into the rate field and the difference stops being abstract.
From the market feed for the Canadian dollar against the real, saved here by a job that runs every 30 minutes; the date and time of that quote are printed under the value. The refresh button fetches the live one from your browser. Until you press it, the page makes no request.
Because this is the commercial rate, a wholesale reference. A transfer abroad, a card purchase and a purchase of banknotes each add a spread set by the institution, plus the IOF. Ask for the closed rate with everything included and type it into the rate field above.
Because crude is Canada's largest export by value: the oil price feeds straight into export earnings and into the market's view of the currency. It is one of the clearest commodity links among the major currencies, and it works both ways — cheap oil has historically been bad news for the Canadian dollar.
Only as an estimate, and keep a margin. The requirement is set in Canadian dollars, and what counts is the balance available when the application is assessed, converted at that day's rate. Required amounts and rules change, so confirm the current figure with the official source.
Only because of the size of the unit, which says nothing about the strength of either economy. The two have been level before: the Canadian dollar traded at and above parity with the American one in 2007 and again during the commodity boom of 2011 to 2013.
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