How to Convert CAD to USD in Excel (4 Easy Ways)

Method 1 – Using a General Arithmetic Formula to Convert CAD to USD

Steps:

  • Enter the following formula in cell E5:

=C5*D5

Using General Arithmetic Formula to Convert CAD to USD in Excel

  • Press ENTER to get the output.
  • Use the AutoFill tool to get the same result for the whole column.

  • The final output will look like the below picture.


Method 2 – Utilizing an External XML Source to Convert CAD to USD Automatically

Steps:

  • Go to the Data tab.
  • Select From File from the Get Data command and then pick From XML.

XML Dialog Box to Convert CAD to USD in Excel

  • You’ll see the Import Data dialog box.
  • Input any URL (e.g., http://www.floatrates.com/daily/cad.xml) in the File Name box, where the Exchange Rate is stored in XML, and click Open.

  • The following window will appear.
  • Click Transform Data.

  • The USD Power Query Editor window will appear.
  • Select the item and click Table.

  • Click on the Close and Load button from the top-left corner.

  • All the data will be loaded into the Excel file.

CAD to USD Rate

  • Find your desired exchange rate cell number and return to the previous worksheet.
  • Enter the following formula in the C5:

=C5*'CAD'!$I$2

Utilizing External XML Source to Convert CAD to USD in Excel

  • Apply the AutoFill tool to the entire column.

  • You will find your converted amount.


Method 3 – Applying the Exchange Rate by Using the Currencies Data Type

Steps:

  • Enter CAD/USD in cell B4.
  • Select Table from the Insert tab.

  • Click OK from the Create Table Dialog Box.

  • Click on cell B5 and select Currencies from the Data tab.

  • Click the B5 cell and press CTRL + SHIFT + F5.
  • A Canadian Dollar/ US Dollar FX Cross Rate window will appear.
  • Click on Price and Last trade time.

CAD to USD Automatic Rate

  • As a result, price and last trade time tables have been added.

How to Convert CAD to USD in Excel by Using Currencies Data Type

  • Enter the formula in cell D8:

=C8*Table4[Price]

  • Use the AutoFill tool for the entire column.

  • You will find the required output in the following image.


Method 4 – Using the VLOOKUP Function to Convert CAD to USD

Steps:

  • Select cell E5.
  • Enter the following formula in the cell:

=C5*VLOOKUP(D5,$G$5:$H$5,2,0)

Using VLOOKUP Function to Convert CAD to USD in Excel

  • Use the AutoFill tool to get the output for the whole column.

  • The CAD Amount will be converted to the USD Amount.


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Mehedi Hasan
Mehedi Hasan

Mehedi Hasan, a BSc graduate in Naval Architecture & Engineering from Bangladesh University of Engineering and Technology, plays a pivotal role as an Excel & VBA Content Developer at ExcelDemy. Fueled by a profound passion for research and innovation, he actively engages with Excel. In his capacity, Mehedi not only adeptly tackles intricate challenges but also showcases enthusiasm and expertise in navigating tough situations with finesse, underscoring his unwavering dedication to consistently delivering exceptional and high-quality content. He... Read Full Bio

2 Comments
  1. This was extremely helpful! Thank you!

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