Historical US Dollar to Canadian Dollar exchange rates for the full year 2008
| Date | Rate | Change |
|---|---|---|
| December 31, 2008 | 1.2214 | -0.643% |
| December 30, 2008 | 1.2293 | +0.771% |
| December 29, 2008 | 1.2199 | +0.594% |
| December 24, 2008 | 1.2127 | -0.525% |
| December 23, 2008 | 1.2191 | +1.600% |
| December 22, 2008 | 1.1999 | -2.185% |
| December 19, 2008 | 1.2267 | +2.851% |
| December 18, 2008 | 1.1927 | -1.389% |
| December 17, 2008 | 1.2095 | -1.627% |
| December 16, 2008 | 1.2295 | +0.335% |
| December 15, 2008 | 1.2254 | -1.511% |
| December 12, 2008 | 1.2442 | +0.363% |
| December 11, 2008 | 1.2397 | -1.666% |
| December 10, 2008 | 1.2607 | +0.087% |
| December 9, 2008 | 1.2596 | +0.768% |
| December 8, 2008 | 1.2500 | -3.198% |
| December 5, 2008 | 1.2913 | +2.184% |
| December 4, 2008 | 1.2637 | +0.621% |
| December 3, 2008 | 1.2559 | +1.209% |
| December 2, 2008 | 1.2409 | -0.505% |
| December 1, 2008 | 1.2472 | +0.621% |
| November 28, 2008 | 1.2395 | +0.332% |
| November 27, 2008 | 1.2354 | -0.032% |
| November 26, 2008 | 1.2358 | -0.507% |
| November 25, 2008 | 1.2421 | -1.663% |
| November 24, 2008 | 1.2631 | -1.444% |
| November 21, 2008 | 1.2816 | +1.642% |
| November 20, 2008 | 1.2609 | +1.891% |
| November 19, 2008 | 1.2375 | +0.667% |
| November 18, 2008 | 1.2293 | +0.392% |
| November 17, 2008 | 1.2245 | +0.106% |
| November 14, 2008 | 1.2232 | -0.931% |
| November 13, 2008 | 1.2347 | +1.831% |
| November 12, 2008 | 1.2125 | +1.899% |
| November 11, 2008 | 1.1899 | +1.519% |
| November 10, 2008 | 1.1721 | -1.793% |
| November 7, 2008 | 1.1935 | +1.800% |
| November 6, 2008 | 1.1724 | +1.550% |
| November 5, 2008 | 1.1545 | -0.995% |
| November 4, 2008 | 1.1661 | -2.533% |
| November 3, 2008 | 1.1964 | -2.668% |
| October 31, 2008 | 1.2292 | +2.076% |
| October 30, 2008 | 1.2042 | -4.337% |
| October 29, 2008 | 1.2588 | -2.267% |
| October 28, 2008 | 1.2880 | +0.499% |
| October 27, 2008 | 1.2816 | +0.929% |
| October 24, 2008 | 1.2698 | -0.118% |
| October 23, 2008 | 1.2713 | +1.485% |
| October 22, 2008 | 1.2527 | +3.692% |
| October 21, 2008 | 1.2081 | +2.001% |
| October 20, 2008 | 1.1844 | -0.379% |
| October 17, 2008 | 1.1889 | +0.017% |
| October 16, 2008 | 1.1887 | +2.289% |
| October 15, 2008 | 1.1621 | +2.118% |
| October 14, 2008 | 1.1380 | -2.401% |
| October 13, 2008 | 1.1660 | -0.034% |
| October 10, 2008 | 1.1664 | +3.643% |
| October 9, 2008 | 1.1254 | +2.300% |
| October 8, 2008 | 1.1001 | +0.036% |
| October 7, 2008 | 1.0997 | +1.392% |
| October 6, 2008 | 1.0846 | +0.706% |
| October 3, 2008 | 1.0770 | +1.146% |
| October 2, 2008 | 1.0648 | +0.548% |
| October 1, 2008 | 1.0590 | +1.243% |
| September 30, 2008 | 1.0460 | +0.538% |
| September 29, 2008 | 1.0404 | +0.551% |
| September 26, 2008 | 1.0347 | +0.029% |
| September 25, 2008 | 1.0344 | -0.068% |
| September 24, 2008 | 1.0351 | +0.097% |
| September 23, 2008 | 1.0341 | -1.552% |
| September 22, 2008 | 1.0504 | -1.325% |
| September 19, 2008 | 1.0645 | +0.311% |
| September 18, 2008 | 1.0612 | -0.534% |
| September 17, 2008 | 1.0669 | -0.401% |
| September 16, 2008 | 1.0712 | +0.122% |
| September 15, 2008 | 1.0699 | +0.084% |
| September 12, 2008 | 1.0690 | -0.364% |
| September 11, 2008 | 1.0729 | +0.205% |
| September 10, 2008 | 1.0707 | +0.762% |
| September 9, 2008 | 1.0626 | +0.085% |
| September 8, 2008 | 1.0617 | -0.450% |
| September 5, 2008 | 1.0665 | +0.699% |
| September 4, 2008 | 1.0591 | -1.323% |
| September 3, 2008 | 1.0733 | +0.628% |
| September 2, 2008 | 1.0666 | +0.066% |
| September 1, 2008 | 1.0659 | +1.264% |
| August 29, 2008 | 1.0526 | +0.593% |
| August 28, 2008 | 1.0464 | +0.230% |
| August 27, 2008 | 1.0440 | -0.902% |
| August 26, 2008 | 1.0535 | +0.862% |
| August 25, 2008 | 1.0445 | -0.229% |
| August 22, 2008 | 1.0469 | -0.570% |
| August 21, 2008 | 1.0529 | -0.810% |
| August 20, 2008 | 1.0615 | -0.366% |
| August 19, 2008 | 1.0654 | +0.690% |
| August 18, 2008 | 1.0581 | -0.639% |
| August 15, 2008 | 1.0649 | +0.633% |
| August 14, 2008 | 1.0582 | -0.918% |
| August 13, 2008 | 1.0680 | -0.094% |
| August 12, 2008 | 1.0690 | +0.216% |
| August 11, 2008 | 1.0667 | +0.028% |
| August 8, 2008 | 1.0664 | +1.833% |
| August 7, 2008 | 1.0472 | +0.307% |
| August 6, 2008 | 1.0440 | +0.000% |
| August 5, 2008 | 1.0440 | +1.349% |
| August 4, 2008 | 1.0301 | +0.390% |
| August 1, 2008 | 1.0261 | +0.303% |
| July 31, 2008 | 1.0230 | +0.020% |
| July 30, 2008 | 1.0228 | -0.146% |
| July 29, 2008 | 1.0243 | +0.254% |
| July 28, 2008 | 1.0217 | +0.670% |
| July 25, 2008 | 1.0149 | +0.495% |
| July 24, 2008 | 1.0099 | +0.179% |
| July 23, 2008 | 1.0081 | +0.659% |
| July 22, 2008 | 1.0015 | -0.249% |
| July 21, 2008 | 1.0040 | -0.139% |
| July 18, 2008 | 1.0054 | +0.470% |
| July 17, 2008 | 1.0007 | -0.130% |
| July 16, 2008 | 1.0020 | +0.269% |
| July 15, 2008 | 0.9993 | -0.990% |
| July 14, 2008 | 1.0093 | -0.669% |
| July 11, 2008 | 1.0161 | +0.524% |
| July 10, 2008 | 1.0108 | -0.424% |
| July 9, 2008 | 1.0151 | -0.304% |
| July 8, 2008 | 1.0182 | -0.323% |
| July 7, 2008 | 1.0215 | +0.492% |
| July 4, 2008 | 1.0165 | +0.187% |
| July 3, 2008 | 1.0146 | -0.656% |
| July 2, 2008 | 1.0213 | +0.295% |
| July 1, 2008 | 1.0183 | +0.692% |
| June 30, 2008 | 1.0113 | +0.477% |
| June 27, 2008 | 1.0065 | -0.416% |
| June 26, 2008 | 1.0107 | -0.128% |
| June 25, 2008 | 1.0120 | -0.433% |
| June 24, 2008 | 1.0164 | +0.049% |
| June 23, 2008 | 1.0159 | +0.336% |
| June 20, 2008 | 1.0125 | -0.236% |
| June 19, 2008 | 1.0149 | -0.461% |
| June 18, 2008 | 1.0196 | -0.225% |
| June 17, 2008 | 1.0219 | -0.574% |
| June 16, 2008 | 1.0278 | +0.097% |
| June 13, 2008 | 1.0268 | +0.156% |
| June 12, 2008 | 1.0252 | +0.816% |
| June 11, 2008 | 1.0169 | -1.195% |
| June 10, 2008 | 1.0292 | +0.675% |
| June 9, 2008 | 1.0223 | +0.245% |
| June 6, 2008 | 1.0198 | -0.127% |
| June 5, 2008 | 1.0211 | +1.169% |
| June 4, 2008 | 1.0093 | +0.759% |
| June 3, 2008 | 1.0017 | +0.565% |
| June 2, 2008 | 0.9961 | +0.422% |
| May 30, 2008 | 0.9919 | +0.802% |
| May 29, 2008 | 0.9840 | -1.109% |
| May 28, 2008 | 0.9950 | +0.710% |
| May 27, 2008 | 0.9880 | -0.102% |
| May 26, 2008 | 0.9890 | +0.233% |
| May 23, 2008 | 0.9867 | +0.335% |
| May 22, 2008 | 0.9834 | -0.110% |
| May 21, 2008 | 0.9845 | -0.679% |
| May 20, 2008 | 0.9912 | -0.300% |
| May 19, 2008 | 0.9942 | -0.373% |
| May 16, 2008 | 0.9979 | -0.346% |
| May 15, 2008 | 1.0014 | +0.348% |
| May 14, 2008 | 0.9979 | -0.782% |
| May 13, 2008 | 1.0058 | +0.070% |
| May 12, 2008 | 1.0051 | -0.357% |
| May 9, 2008 | 1.0087 | -0.434% |
| May 8, 2008 | 1.0131 | +1.098% |
| May 7, 2008 | 1.0021 | -1.008% |
| May 6, 2008 | 1.0123 | -0.423% |
| May 5, 2008 | 1.0166 | +0.000% |
| May 2, 2008 | 1.0166 | +0.693% |
| April 30, 2008 | 1.0096 | -0.395% |
| April 29, 2008 | 1.0136 | -0.079% |
| April 28, 2008 | 1.0144 | -0.256% |
| April 25, 2008 | 1.0170 | -0.029% |
| April 24, 2008 | 1.0173 | +0.385% |
| April 23, 2008 | 1.0134 | +0.656% |
| April 22, 2008 | 1.0068 | +0.449% |
| April 21, 2008 | 1.0023 | -0.880% |
| April 18, 2008 | 1.0112 | +0.969% |
| April 17, 2008 | 1.0015 | -0.753% |
| April 16, 2008 | 1.0091 | -1.214% |
| April 15, 2008 | 1.0215 | -0.078% |
| April 14, 2008 | 1.0223 | +0.294% |
| April 11, 2008 | 1.0193 | +0.098% |
| April 10, 2008 | 1.0183 | -0.049% |
| April 9, 2008 | 1.0188 | +0.493% |
| April 8, 2008 | 1.0138 | +0.665% |
| April 7, 2008 | 1.0071 | +0.070% |
| April 4, 2008 | 1.0064 | -0.612% |
| April 3, 2008 | 1.0126 | -0.423% |
| April 2, 2008 | 1.0169 | -0.897% |
| April 1, 2008 | 1.0261 | -0.010% |
| March 31, 2008 | 1.0262 | +0.806% |
| March 28, 2008 | 1.0180 | -0.088% |
| March 27, 2008 | 1.0189 | +0.364% |
| March 26, 2008 | 1.0152 | -0.402% |
| March 25, 2008 | 1.0193 | -0.605% |
| March 20, 2008 | 1.0255 | +2.924% |
| March 19, 2008 | 0.9964 | +0.254% |
| March 18, 2008 | 0.9939 | -0.102% |
| March 17, 2008 | 0.9949 | +0.013% |
| March 14, 2008 | 0.9947 | +0.865% |
| March 13, 2008 | 0.9862 | -0.252% |
| March 12, 2008 | 0.9887 | -0.367% |
| March 11, 2008 | 0.9923 | +0.187% |
| March 10, 2008 | 0.9905 | +1.335% |
| March 7, 2008 | 0.9774 | -0.820% |
| March 6, 2008 | 0.9855 | -0.717% |
| March 5, 2008 | 0.9926 | +0.392% |
| March 4, 2008 | 0.9888 | +0.561% |
| March 3, 2008 | 0.9832 | +0.118% |
| February 29, 2008 | 0.9821 | +0.480% |
| February 28, 2008 | 0.9774 | -0.260% |
| February 27, 2008 | 0.9799 | -0.995% |
| February 26, 2008 | 0.9898 | -1.475% |
| February 25, 2008 | 1.0046 | -0.525% |
| February 22, 2008 | 1.0099 | -0.286% |
| February 21, 2008 | 1.0128 | -0.374% |
| February 20, 2008 | 1.0166 | +1.014% |
| February 19, 2008 | 1.0064 | -0.020% |
| February 18, 2008 | 1.0066 | +0.928% |
| February 15, 2008 | 0.9973 | +0.186% |
| February 14, 2008 | 0.9955 | -0.286% |
| February 13, 2008 | 0.9984 | -0.076% |
| February 12, 2008 | 0.9991 | -0.048% |
| February 11, 2008 | 0.9996 | -0.211% |
| February 8, 2008 | 1.0017 | -0.939% |
| February 7, 2008 | 1.0112 | +0.547% |
| February 6, 2008 | 1.0057 | +0.694% |
| February 5, 2008 | 0.9988 | -0.089% |
| February 4, 2008 | 0.9997 | +0.249% |
| February 1, 2008 | 0.9972 | -0.121% |
| January 31, 2008 | 0.9984 | +0.422% |
| January 30, 2008 | 0.9942 | -0.486% |
| January 29, 2008 | 0.9991 | -0.691% |
| January 28, 2008 | 1.0060 | -0.179% |
| January 25, 2008 | 1.0078 | -0.778% |
| January 24, 2008 | 1.0157 | -1.225% |
| January 23, 2008 | 1.0283 | -0.330% |
| January 22, 2008 | 1.0317 | +0.078% |
| January 21, 2008 | 1.0309 | +0.684% |
| January 18, 2008 | 1.0239 | +0.235% |
| January 17, 2008 | 1.0215 | -0.078% |
| January 16, 2008 | 1.0223 | +0.809% |
| January 15, 2008 | 1.0141 | -0.442% |
| January 14, 2008 | 1.0186 | -0.098% |
| January 11, 2008 | 1.0196 | +1.101% |
| January 10, 2008 | 1.0085 | +0.448% |
| January 9, 2008 | 1.0040 | +0.270% |
| January 8, 2008 | 1.0013 | +0.191% |
| January 7, 2008 | 0.9994 | +1.134% |
| January 4, 2008 | 0.9882 | -0.596% |
| January 3, 2008 | 0.9941 | +0.595% |
| January 2, 2008 | 0.9882 | +0.683% |
| December 31, 2007 | 0.9815 | — |
The USD/CAD exchange rate averaged 1.0655 in 2008, trading between a low of 0.9774 and a high of 1.2913,a range of 32.1% over the year. The rate rose by 24.44% over the full year, from 0.9815 at the opening of 2008 to 1.2214 at year-end.
Q1 (2008): January through March averaged 1.0032, a +2.20% move from the 2008 opening rate of 0.9815.
Q2 (2008): April through June averaged 1.0093, up 0.61% from Q1.
Q3 (2008): July through September averaged 1.0410, a +3.14% change from Q2.
Q4 (2008): October through December averaged 1.2064, closing the year at 1.2214, a 24.44% gain for USD against CAD from the 2008 open.
Annualized volatility for USD/CAD in 2008 was 15.9%, calculated as the annualized standard deviation of daily log returns across 257 trading days. For reference, major currency pairs average 5–10% annualized volatility in calm years and 12–20% during significant policy or market disruptions. Volatility above 10% generally indicates conditions where hedging currency exposure was material for businesses and travelers with significant USD/CAD exposure.
| Month | Avg Rate | High | Low | vs Prior Month |
|---|---|---|---|---|
| January | 1.0098 | 1.0317 | 0.9882 | — |
| February | 0.9995 | 1.0166 | 0.9774 | -1.02% |
| March | 0.9994 | 1.0262 | 0.9774 | -0.02% |
| April | 1.0136 | 1.0261 | 1.0015 | +1.42% |
| May | 0.9984 | 1.0166 | 0.9834 | -1.50% |
| June | 1.0161 | 1.0292 | 0.9961 | +1.78% |
| July | 1.0130 | 1.0243 | 0.9993 | -0.30% |
| August | 1.0529 | 1.0690 | 1.0261 | +3.94% |
| September | 1.0581 | 1.0733 | 1.0341 | +0.49% |
| October | 1.1769 | 1.2880 | 1.0590 | +11.23% |
| November | 1.2183 | 1.2816 | 1.1545 | +3.51% |
| December | 1.2352 | 1.2913 | 1.1927 | +1.39% |
What was the USD to CAD exchange rate in 2008?
The USD/CAD rate averaged 1.0655 in 2008, ranging from a low of 0.9774 to a high of 1.2913.
What was the highest USD/CAD rate in 2008?
The highest USD to CAD rate recorded in 2008 was 1.2913. The lowest was 0.9774.
How much did the USD/CAD rate change in 2008?
The USD/CAD rate rose by 24.44% in 2008, from 0.9815 to 1.2214.
What was the USD/CAD annual trading range in 2008?
The USD/CAD pair traded in a range of 0.9774 to 1.2913 in 2008,a spread of 32.1% between the year's low and high.
Was 2008 a good year to exchange USD to CAD?
The USD/CAD rate rose 24.44% over 2008, closing at 1.2214. For those converting USD to CAD, the year-end rate was more favorable than the start of year. Historical data like this can provide useful context when planning future currency exchanges.
Where can I find USD/CAD rates for other years?
LiveRates.io provides complete daily historical rates for USD/CAD going back to 2000. Use the year navigation above to view adjacent years, or visit the main USD to CAD page for current rates, a 30-day chart, and links to all available historical years.