The US dollar declined against the Canadian dollar on Thursday April 16 2026, falling 26bps from 1.3746 at the previous close to 1.3710. One Canadian dollar bought US$0.729, up from US$0.727 at Wednesday’s close. The rate sits 39bps below its 30-day average of 1.3763, as the Canadian dollar recovered ground. The previous close was recorded at the Bank of Canada’s official daily fix on Wednesday April 15 2026.