FX rate to USD as implied by PPP of GDP rose 0.006% to 1.14 per USD in Canada in 2024, according to the National Statistical Office.
Historically, FX rate to USD as implied by PPP of GDP in Canada reached an all time high of 1.26 per USD in 1989 and an all time low of 1.14 per USD in 2023. When compared to Canada's main peers, FX rate to USD as implied by PPP of GDP in Australia amounted to 1.38 per USD, 10.1 per USD in Mexico, 0.679 per USD in United Kingdom and 1.00 per USD in USA in 2024.
Canada has been ranked 118th within the group of 165 countries we follow in terms of FX rate to USD as implied by PPP of GDP, 5 places above the position seen 10 years ago.
| FX Rate to USD (Implied Based on PPP of GDP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Australia | per USD | 1.47 | 1.46 | 1.43 | 1.40 | 1.36 | ||||||||||||||||
| Belgium | per USD | 0.766 | 0.736 | 0.716 | 0.720 | 0.708 | ||||||||||||||||
| Belize | per USD | 1.27 | 1.18 | 1.09 | 1.05 | 1.05 | ||||||||||||||||
| Canada | per USD | 1.21 | 1.22 | 1.20 | 1.16 | 1.15 | ||||||||||||||||
| China | per USD | 4.09 | 4.06 | 4.01 | 3.99 | 3.79 | ||||||||||||||||
| France | per USD | 0.756 | 0.706 | 0.693 | 0.704 | 0.694 | ||||||||||||||||
| Germany | per USD | 0.735 | 0.718 | 0.707 | 0.707 | 0.698 | ||||||||||||||||
| Guatemala | per USD | 3.29 | 3.23 | 3.16 | 3.21 | 3.19 | ||||||||||||||||
| Honduras | per USD | 10.5 | 10.6 | 10.5 | 10.6 | 10.8 | ||||||||||||||||
| Indonesia | per USD | 4,834 | 4,847 | 4,791 | 4,808 | 4,918 | ||||||||||||||||
| Ireland | per USD | 0.792 | 0.794 | 0.775 | 0.752 | 0.734 | ||||||||||||||||
| Japan | per USD | 104 | 103 | 101 | 99.2 | 94.5 | ||||||||||||||||
| Malaysia | per USD | 1.58 | 1.56 | 1.52 | 1.51 | 1.50 | ||||||||||||||||
| Mexico | per USD | 9.28 | 9.53 | 9.81 | 10.1 | 9.82 | ||||||||||||||||
| New Zealand | per USD | 1.47 | 1.44 | 1.42 | 1.46 | 1.43 | ||||||||||||||||
| Papua New Guinea | per USD | 2.16 | 2.15 | 2.16 | 2.30 | 2.47 | ||||||||||||||||
| USA | per USD | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||||||||||||
| United Kingdom | per USD | 0.688 | 0.670 | 0.653 | 0.669 | 0.638 |
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