CRA USD/CAD Exchange Rates
Bank of Canada annual average exchange rates accepted by CRA for converting US rental income to Canadian dollars on your T1 return.
| Tax Year | 1 USD = CAD | 1 CAD = USD | |
|---|---|---|---|
| 2025 | 1.3917 | 0.7186 | Details → |
| 2024 | 1.3606 | 0.735 | Details → |
| 2023 | 1.3497 | 0.7409 | Details → |
| 2022 | 1.3013 | 0.7685 | Details → |
| 2021 | 1.2535 | 0.7978 | Details → |
| 2020 | 1.3415 | 0.7454 | Details → |
| 2019 | 1.3269 | 0.7537 | Details → |
| 2018 | 1.2957 | 0.7718 | Details → |
| 2017 | 1.2986 | 0.77 | Details → |
| 2016 | 1.3248 | 0.7548 | Details → |
| 2015 | 1.2787 | 0.782 | Details → |
| 2014 | 1.1045 | 0.9054 | Details → |
| 2013 | 1.0299 | 0.971 | Details → |
| 2012 | 0.9996 | 1.0004 | Details → |
| 2011 | 0.9891 | 1.011 | Details → |
| 2010 | 1.0299 | 0.971 | Details → |
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