Bank of Canada Exchange Rate Tools
Official exchange rates for T1135 foreign asset reporting, foreign income conversion, and tax purposes. Access daily, monthly, and year-end rates for 26+ currencies with CRA-compliant conversions.
Quick Rate Lookup
Look up a Bank of Canada historical exchange rate for any date. Perfect for tax reporting, foreign income conversion, and ACB calculations.
T1135 Year-End Rates
Get T1135 Bank of Canada exchange rates for multiple currencies at once. Bulk lookup for December 31 year-end rates required for foreign asset reporting.
Currency Effect Calculator
Calculate how currency affects your returns with Bank of Canada rates. See how exchange rate movements impact your foreign investment returns in CAD.
Data Source & Tax Guidance:
- Exchange Rates: Bank of Canada Valet API
https://www.bankofcanada.ca/valet/ - T1135 Reporting: Foreign Income Verification Statement
https://www.canada.ca/en/revenue-agency/.../t1135.html
Questions and Answers about Form T1135 - Foreign Currency Conversion: Income Tax Folio S5-F4-C1
CRA Income Tax Folio S5-F4-C1 - ACB & Capital Gains: Adjusted Cost Base Guide
https://www.canada.ca/en/revenue-agency/.../t4037.html
Why Use Our BOC Exchange Rate Tools?
CRA Compliant
All exchange rates come directly from the Bank of Canada, the official source accepted by CRA for tax reporting purposes including T1135, foreign income, and ACB calculations.
Multiple Use Cases
Whether you need a single rate lookup, bulk year-end rates for T1135, or want to analyze currency effects on returns, we have the right tool for your needs.
26+ Currencies
Access historical rates for all major currencies including USD, EUR, GBP, JPY, CNY, and many more. All rates are noon rates as published by the Bank of Canada.
Historical Data
Access exchange rates dating back to 2000 for all supported currencies. Perfect for calculating historical ACB, reviewing past transactions, or completing amended returns.
Smart Fallbacks
Weekend and holiday dates automatically use the most recent business day rate, ensuring you always get the appropriate rate for your needs.
Currency Analysis
Our ACB currency effect calculator helps you understand how much of your investment returns are due to asset performance versus currency movements.