Canadian Dollar Rate Forecast

Market Commentary 9273
January, 2012 Data:

The 12 month forecast for the Canadian Dollar is in the table at the top of this
page. Forecast-Chart.com is forecasting that the exchange rate for the
Canadian Dollar will be roughly 1.01 Canadian Dollars to the USD. The table
shows a HDTFA of 0.05 which suggests that the February, 2013 currency
exchange rate could easily fall between 1.07 and 0.96 CAD/USD. Links to
Forecasts for fourteen other currencies may be found on the left side of this
page.

All data and calculations on this page are based on the average daily rate per
calendar month for CAD/USD

HISTORICAL EXCHANGE RATE SUMMARY: CAD/USD
Average (Last 12 Months)        0.99
Average (Last 10 Years)          1.19
High (Last 12 Months)             1.02   (November, 2011)
Low (Last 12 Months)              0.96   (July, 2011)
High (Since January, 1971)      1.60   (January, 2002)
Low (Since January, 1971)       0.96   (July, 2011)

The Canadian Dollar exchange rate for January, 2012 averaged 1.01 CAD to
USD. That's 1.1 basis points lower than the December, 2011 rate of 1.02, and 2
basis points higher than the January, 2011 rate of 0.99. The fall in the
CAD/USD exchange rate from December to January provides evidence that the
short term trend in CAD/USD is down. In other words, a weakening of the US
Dollar against the Canadian Dollar in the short term. If that trend continues in
the currency market, we should see an average daily rate in February, 2012
that is close to 1.00.

The average Canadian Dollar conversion rate over the last 12 months was
0.99. The average rate over the last 10 years was 1.19. A lower Canadian
Dollars to US Dollars exchange rate over the last 12 months compared to the
average currency rates over the last 10 years serve as an indicator that the
long term rate trend in CAD/USD is down (weakening US Dollar against the
Canadian Dollar).

The highest currency rate for CAD/USD over the last 12 months was 1.02. The
lowest was 0.96. The market high was attained in November, 2011. The market
low was achieved in July, 2011.

Forecast-Chart.com's historical research covers Canadian Dollar data back to
January, 1971. The average exchange value during that period of history was
1.22 CAD/USD. The highest rate was 1.60. The lowest was 0.96. The market
high was attained in January, of 2002. The market low was achieved in July of
2011. Recent rates experienced in January of 2012 are low relative to the
historical 1.22 average.

This page provides a five year chart and a forecast for the Canadian Dollar.
For links to longer term charts, look at the links under the five year chart
(above). One link opens a ten year chart. Another opens our longest term
graph on the Canadian Dollar. Just one glance at our long term charts can
provide tremendous insight into the historical trends of the financial markets.
The table above presents additional historical information on the Canadian
Dollar. Rate data is presented on an annual basis.

In this site, you may view the month, year, five & ten year appreciation rates for
15 foreign currencies in one convenient table. Click the Market Trend Research
link in the uppermost left corner of any page in this site. The table of contents
for Market Trend Research will open. In the table of contents, click the link
titled: Strength of the U.S. Dollar.

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1.20

1.40

1.60

Canadian Dollars per 1 US Dollar are shown in gray (average daily rate per calendar month). The
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the US
Dollar has weakened, causing...

Canadian Dollar to US Dollar (CAD to USD) - 5 Year History