USD to CAD — 2008

1.2214CAD

for 1 US Dollar on 31 December 2008 · opened the year at 0.988222

23.59% over 2008

European Central Bank reference rate
256 trading days
Reference rate, not an offer

Today: 1 USD = 1.4119 CAD (PayerPay indicative rate, includes our margin)

2008 at a glance

1 USD in CAD
Measure	Rate	When
Opened	0.988222 CAD	2 January 2008
Closed	1.2214 CAD	31 December 2008
Highest	1.2913 CAD	5 December 2008
Lowest	0.977382 CAD	28 February 2008
Average	1.0658 CAD	256 trading days
Change	+23.59% CAD	open to close

Month by month

USD to CAD, 2008▲ 23.59%

1 USD in CAD, month by month, 2008
Month	Open	Close	High	Low	Change
January	0.988222	0.998386	1.0317	0.988185	+1.03%
February	0.997179	0.982066	1.0166	0.977382	-1.52%
March	0.983227	1.0262	1.0262	0.977428	+4.37%
April	1.0261	1.0096	1.0261	1.0015	-1.61%
May	1.0166	0.991875	1.0166	0.983434	-2.43%
June	0.996070	1.0113	1.0292	0.996070	+1.53%
July	1.0183	1.0230	1.0243	0.999312	+0.47%
August	1.0261	1.0526	1.0690	1.0261	+2.59%
September	1.0659	1.0460	1.0733	1.0341	-1.87%
October	1.0590	1.2292	1.2880	1.0590	+16.07%
November	1.1964	1.2395	1.2816	1.1545	+3.60%
December	1.2472	1.2214	1.2913	1.1927	-2.07%

← 2007 · All USD to CAD history · CAD to USD in 2008 · 2009 →

Sending, not just checking?

Send USD from the United States to Canada

We pay out in Canadian dollars. The rate above is our indicative rate — our page for this route shows the fee, the payout method and what actually lands in the account.

See this route

Common questions

How did USD to CAD change in 2008?

From 0.988222 CAD per USD on 2 January 2008 to 1.2214 on 31 December 2008: +23.59% over the year, with an average of 1.0658 across 256 trading days.

What were the high and low of USD to CAD in 2008?

High: 1.2913 on 5 December 2008. Low: 0.977382 on 28 February 2008.

About these rates

The rates on this page are European Central Bank euro reference rates, converted through the US dollar into a cross rate, one reading per trading day. Days from 28 September 2026 onward come from PayerPay's own daily record. They are reference rates published for information, not an offer to transact — PayerPay's indicative rate today is 1 USD = 1.4119 CAD, and it includes our margin. The final rate for a transfer is confirmed in your order.

Source: European Central Bank. Corrections: support@payerpay.io.

Who we are

PayerPay is operated by PAYER PAY INTERNATIONAL INC (Company ID BC1526086), registered with the Financial Transactions and Reports Analysis Centre of Canada under MSB registration C100001025 and with the Bank of Canada under the Retail Payment Activities Act. Payment details are issued through licensed banking partners.