Skip to content

Loonie reaches parity with U.S. dollar

Very briefly this morning, one Canadian dollar was worth one U.S dollar. That's the first time that has happened since 1976. After reaching $1.0003 US on foreign exchange markets, the loonie quickly dropped back to 99.88 cents US.
CanUSFlags

Very briefly this morning, one Canadian dollar was worth one U.S dollar.

That's the first time that has happened since 1976.

After reaching $1.0003 US on foreign exchange markets, the loonie quickly dropped back to 99.88 cents US.

The Bank of Canada exchange rate is a nominal quote, not a buying or selling rate.

Rates available from financial institutions will differ.


What's next?


If you would like to apply to become a Verified reader Verified Commenter, please fill out this form.




David Helwig

About the Author: David Helwig

David Helwig's journalism career spans seven decades beginning in the 1960s. His work has been recognized with national and international awards.
Read more