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Best USD to CAD Exchange Rate Today: 1.2518

Compare international payments, cash buys, travel money

Live USD to CAD conversion comparision showing the best exchange rates available today

1 USD = 1.2518 CAD

1 CAD to USD = 0.7988

Provider Rate Notes Action

Best Independent Provider

Rational FX 		1.2405 Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent.

Best Bank Rate

Banks 		1.2167 Determined using data on spread charges supplied by IMTI Login to your online bank account

Worst Bank Rate

Banks 		1.2080 Determined using data on spread charges supplied by Money Mover and Accourt Login to your online bank account

Cash Delivery / Holiday Money

Travel FX 		1.2405 0% Commission

Airport Pickup

Moneycorp 		1.2330 Booking Online prior to pickup is the key to getting a good rate

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USD/CAD Live Chart and Data

Exchange Rate History For Converting US Dollar (USD) to Canadian Dollar (CAD)

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Exchange Rate Today for Converting USD To CAD
Convert USD:
To CAD:		 1
1.2518		 10
12.5180		 50
62.5900		 100
125.1800		 500
625.9000		 1,000
1,251.8000
Convert USD:
To CAD:		 2,500
3,129.5000		 5,000
6,259.0000		 7,500
9,388.5000		 10,000
12,518.0000		 50,000
62,590.0000		 1,00,000
125,180.0000

Exchange Rate History for USD To CAD: 2017

January - 2017

SunMonTueWedThuFriSat
1

Open: 1.3507

Close: 1.3425

Mid: 1.3474

2

Open: 1.3438

Close: 1.3434

Mid: 1.3431

3

Open: 1.3431

Close: 1.3425

Mid: 1.3431

4

Open: 1.3427

Close: 1.3298

Mid: 1.3348

5

Open: 1.3294

Close: 1.3223

Mid: 1.3266

6

Open: 1.3223

Close: 1.3228

Mid: 1.3232

7

Open: 1.3223

Close: 1.3228

Mid: 1.3232

8

Open: 1.3223

Close: 1.3228

Mid: 1.3232

9

Open: 1.3250

Close: 1.3216

Mid: 1.3239

10

Open: 1.3217

Close: 1.3228

Mid: 1.3210

11

Open: 1.3227

Close: 1.3177

Mid: 1.3212

12

Open: 1.3178

Close: 1.3143

Mid: 1.3116

13

Open: 1.3143

Close: 1.3112

Mid: 1.3142

14

Open: 1.3143

Close: 1.3112

Mid: 1.3142

15

Open: 1.3143

Close: 1.3112

Mid: 1.3142

16

Open: 1.3135

Close: 1.3172

Mid: 1.3145

17

Open: 1.3171

Close: 1.3044

Mid: 1.3095

18

Open: 1.3042

Close: 1.3268

Mid: 1.3164

19

Open: 1.3270

Close: 1.3316

Mid: 1.3298

20

Open: 1.3315

Close: 1.3313

Mid: 1.3339

21

Open: 1.3315

Close: 1.3313

Mid: 1.3339

22

Open: 1.3315

Close: 1.3313

Mid: 1.3339

23

Open: 1.3319

Close: 1.3234

Mid: 1.3296

24

Open: 1.3239

Close: 1.3156

Mid: 1.3206

25

Open: 1.3158

Close: 1.3068

Mid: 1.3102

26

Open: 1.3067

Close: 1.3088

Mid: 1.3091

27

Open: 1.3088

Close: 1.3146

Mid: 1.3114

28

Open: 1.3088

Close: 1.3146

Mid: 1.3114

29

Open: 1.3088

Close: 1.3146

Mid: 1.3114

30

Open: 1.3132

Close: 1.3117

Mid: 1.3137

31

Open: 1.3115

Close: 1.3027

Mid: 1.3066

February - 2017

SunMonTueWedThuFriSat
1

Open: 1.3029

Close: 1.3046

Mid: 1.3074

2

Open: 1.3047

Close: 1.3025

Mid: 1.3017

3

Open: 1.3025

Close: 1.3017

Mid: 1.3038

4

Open: 1.3025

Close: 1.3017

Mid: 1.3038

5

Open: 1.3025

Close: 1.3017

Mid: 1.3038

6

Open: 1.3028

Close: 1.3080

Mid: 1.3053

7

Open: 1.3080

Close: 1.3184

Mid: 1.3135

8

Open: 1.3182

Close: 1.3143

Mid: 1.3156

9

Open: 1.3145

Close: 1.3142

Mid: 1.3128

10

Open: 1.3139

Close: 1.3079

Mid: 1.3113

11

Open: 1.3139

Close: 1.3079

Mid: 1.3113

12

Open: 1.3139

Close: 1.3079

Mid: 1.3113

13

Open: 1.3080

Close: 1.3070

Mid: 1.3077

14

Open: 1.3072

Close: 1.3071

Mid: 1.3058

15

Open: 1.3068

Close: 1.3078

Mid: 1.3089

16

Open: 1.3079

Close: 1.3068

Mid: 1.3072

17

Open: 1.3069

Close: 1.3090

Mid: 1.3085

18

Open: 1.3069

Close: 1.3090

Mid: 1.3085

19

Open: 1.3069

Close: 1.3090

Mid: 1.3085

20

Open: 1.3092

Close: 1.3101

Mid: 1.3096

21

Open: 1.3102

Close: 1.3139

Mid: 1.3125

22

Open: 1.3139

Close: 1.3162

Mid: 1.3167

23

Open: 1.3161

Close: 1.3103

Mid: 1.3128

24

Open: 1.3102

Close: 1.3089

Mid: 1.3100

25

Open: 1.3102

Close: 1.3089

Mid: 1.3100

26

Open: 1.3102

Close: 1.3089

Mid: 1.3100

27

Open: 1.3097

Close: 1.3177

Mid: 1.3116

28

Open: 1.3177

Close: 1.3299

Mid: 1.3226

March - 2017

SunMonTueWedThuFriSat
1

Open: 1.3297

Close: 1.3323

Mid: 1.3321

2

Open: 1.3322

Close: 1.3389

Mid: 1.3364

3

Open: 1.3389

Close: 1.3370

Mid: 1.3383

4

Open: 1.3389

Close: 1.3370

Mid: 1.3383

5

Open: 1.3389

Close: 1.3370

Mid: 1.3383

6

Open: 1.3373

Close: 1.3407

Mid: 1.3393

7

Open: 1.3406

Close: 1.3412

Mid: 1.3402

8

Open: 1.3410

Close: 1.3490

Mid: 1.3452

9

Open: 1.3490

Close: 1.3510

Mid: 1.3500

10

Open: 1.3508

Close: 1.3468

Mid: 1.3480

11

Open: 1.3508

Close: 1.3468

Mid: 1.3480

12

Open: 1.3508

Close: 1.3468

Mid: 1.3480

13

Open: 1.3451

Close: 1.3445

Mid: 1.3450

14

Open: 1.3444

Close: 1.3479

Mid: 1.3471

15

Open: 1.3479

Close: 1.3303

Mid: 1.3384

16

Open: 1.3304

Close: 1.3318

Mid: 1.3327

17

Open: 1.3319

Close: 1.3347

Mid: 1.3322

18

Open: 1.3319

Close: 1.3347

Mid: 1.3322

19

Open: 1.3319

Close: 1.3347

Mid: 1.3322

20

Open: 1.3331

Close: 1.3349

Mid: 1.3340

21

Open: 1.3350

Close: 1.3351

Mid: 1.3350

22

Open: 1.3351

Close: 1.3327

Mid: 1.3366

23

Open: 1.3329

Close: 1.3348

Mid: 1.3334

24

Open: 1.3348

Close: 1.3376

Mid: 1.3368

25

Open: 1.3348

Close: 1.3376

Mid: 1.3368

26

Open: 1.3348

Close: 1.3376

Mid: 1.3368

27

Open: 1.3359

Close: 1.3376

Mid: 1.3364

28

Open: 1.3375

Close: 1.3382

Mid: 1.3382

29

Open: 1.3382

Close: 1.3324

Mid: 1.3364

30

Open: 1.3326

Close: 1.3339

Mid: 1.3323

31

Open: 1.3336

Close: 1.3307

Mid: 1.3324

April - 2017

SunMonTueWedThuFriSat
1

Open: 1.3336

Close: 1.3307

Mid: 1.3324

2

Open: 1.3336

Close: 1.3307

Mid: 1.3324

3

Open: 1.3306

Close: 1.3381

Mid: 1.3355

4

Open: 1.3379

Close: 1.3401

Mid: 1.3421

5

Open: 1.3401

Close: 1.3431

Mid: 1.3415

6

Open: 1.3432

Close: 1.3412

Mid: 1.3430

7

Open: 1.3412

Close: 1.3394

Mid: 1.3402

8

Open: 1.3412

Close: 1.3394

Mid: 1.3402

9

Open: 1.3412

Close: 1.3394

Mid: 1.3402

10

Open: 1.3396

Close: 1.3324

Mid: 1.3377

11

Open: 1.3325

Close: 1.3322

Mid: 1.3335

12

Open: 1.3321

Close: 1.3247

Mid: 1.3271

13

Open: 1.3244

Close: 1.3327

Mid: 1.3253

14

Open: 1.3326

Close: 1.3321

Mid: 1.3318

15

Open: 1.3326

Close: 1.3321

Mid: 1.3318

16

Open: 1.3326

Close: 1.3321

Mid: 1.3318

17

Open: 1.3314

Close: 1.3313

Mid: 1.3300

18

Open: 1.3316

Close: 1.3379

Mid: 1.3355

19

Open: 1.3380

Close: 1.3484

Mid: 1.3440

20

Open: 1.3485

Close: 1.3468

Mid: 1.3481

21

Open: 1.3467

Close: 1.3487

Mid: 1.3481

22

Open: 1.3467

Close: 1.3487

Mid: 1.3481

23

Open: 1.3467

Close: 1.3487

Mid: 1.3481

24

Open: 1.3474

Close: 1.3499

Mid: 1.3457

25

Open: 1.3500

Close: 1.3572

Mid: 1.3565

26

Open: 1.3567

Close: 1.3617

Mid: 1.3569

27

Open: 1.3621

Close: 1.3631

Mid: 1.3610

28

Open: 1.3631

Close: 1.3650

Mid: 1.3641

29

Open: 1.3631

Close: 1.3650

Mid: 1.3641

30

Open: 1.3631

Close: 1.3650

Mid: 1.3641

May - 2017

SunMonTueWedThuFriSat
1

Open: 1.3652

Close: 1.3679

Mid: 1.3666

2

Open: 1.3678

Close: 1.3708

Mid: 1.3701

3

Open: 1.3706

Close: 1.3727

Mid: 1.3720

4

Open: 1.3728

Close: 1.3747

Mid: 1.3745

5

Open: 1.3748

Close: 1.3650

Mid: 1.3735

6

Open: 1.3748

Close: 1.3650

Mid: 1.3735

7

Open: 1.3748

Close: 1.3650

Mid: 1.3735

8

Open: 1.3670

Close: 1.3690

Mid: 1.3680

9

Open: 1.3688

Close: 1.3719

Mid: 1.3702

10

Open: 1.3718

Close: 1.3653

Mid: 1.3692

11

Open: 1.3654

Close: 1.3695

Mid: 1.3704

12

Open: 1.3694

Close: 1.3709

Mid: 1.3708

13

Open: 1.3694

Close: 1.3709

Mid: 1.3708

14

Open: 1.3694

Close: 1.3709

Mid: 1.3708

15

Open: 1.3692

Close: 1.3630

Mid: 1.3648

16

Open: 1.3631

Close: 1.3606

Mid: 1.3619

17

Open: 1.3607

Close: 1.3599

Mid: 1.3617

18

Open: 1.3600

Close: 1.3601

Mid: 1.3619

19

Open: 1.3602

Close: 1.3508

Mid: 1.3579

20

Open: 1.3602

Close: 1.3508

Mid: 1.3579

21

Open: 1.3602

Close: 1.3508

Mid: 1.3579

22

Open: 1.3506

Close: 1.3499

Mid: 1.3510

23

Open: 1.3501

Close: 1.3513

Mid: 1.3499

24

Open: 1.3512

Close: 1.3407

Mid: 1.3470

25

Open: 1.3406

Close: 1.3483

Mid: 1.3434

26

Open: 1.3482

Close: 1.3443

Mid: 1.3458

27

Open: 1.3482

Close: 1.3443

Mid: 1.3458

28

Open: 1.3482

Close: 1.3443

Mid: 1.3458

29

Open: 1.3446

Close: 1.3448

Mid: 1.3451

30

Open: 1.3450

Close: 1.3459

Mid: 1.3477

31

Open: 1.3456

Close: 1.3498

Mid: 1.3480

June - 2017

SunMonTueWedThuFriSat
1

Open: 1.3498

Close: 1.3516

Mid: 1.3492

2

Open: 1.3513

Close: 1.3485

Mid: 1.3521

3

Open: 1.3513

Close: 1.3485

Mid: 1.3521

4

Open: 1.3513

Close: 1.3485

Mid: 1.3521

5

Open: 1.3484

Close: 1.3469

Mid: 1.3486

6

Open: 1.3468

Close: 1.3452

Mid: 1.3463

7

Open: 1.3453

Close: 1.3509

Mid: 1.3474

8

Open: 1.3513

Close: 1.3504

Mid: 1.3505

9

Open: 1.3505

Close: 1.3468

Mid: 1.3483

10

Open: 1.3505

Close: 1.3468

Mid: 1.3483

11

Open: 1.3505

Close: 1.3468

Mid: 1.3483

12

Open: 1.3460

Close: 1.3323

Mid: 1.3389

13

Open: 1.3323

Close: 1.3240

Mid: 1.3264

14

Open: 1.3243

Close: 1.3242

Mid: 1.3204

15

Open: 1.3245

Close: 1.3268

Mid: 1.3259

16

Open: 1.3270

Close: 1.3210

Mid: 1.3252

17

Open: 1.3270

Close: 1.3210

Mid: 1.3252

18

Open: 1.3270

Close: 1.3210

Mid: 1.3252

19

Open: 1.3213

Close: 1.3217

Mid: 1.3222

20

Open: 1.3218

Close: 1.3264

Mid: 1.3260

21

Open: 1.3268

Close: 1.3332

Mid: 1.3300

22

Open: 1.3333

Close: 1.3231

Mid: 1.3278

23

Open: 1.3228

Close: 1.3264

Mid: 1.3251

24

Open: 1.3228

Close: 1.3264

Mid: 1.3251

25

Open: 1.3228

Close: 1.3264

Mid: 1.3251

26

Open: 1.3263

Close: 1.3242

Mid: 1.3240

27

Open: 1.3240

Close: 1.3196

Mid: 1.3216

28

Open: 1.3196

Close: 1.3036

Mid: 1.3123

29

Open: 1.3035

Close: 1.3001

Mid: 1.3025

30

Open: 1.2998

Close: 1.2960

Mid: 1.2990

July - 2017

SunMonTueWedThuFriSat
1

Open: 1.2998

Close: 1.2960

Mid: 1.2990

2

Open: 1.2998

Close: 1.2960

Mid: 1.2990

3

Open: 1.2971

Close: 1.3004

Mid: 1.2979

4

Open: 1.3006

Close: 1.2934

Mid: 1.2962

5

Open: 1.2940

Close: 1.2955

Mid: 1.2964

6

Open: 1.2955

Close: 1.2976

Mid: 1.2965

7

Open: 1.2978

Close: 1.2876

Mid: 1.2922

8

Open: 1.2978

Close: 1.2876

Mid: 1.2922

9

Open: 1.2978

Close: 1.2876

Mid: 1.2922

10

Open: 1.2879

Close: 1.2890

Mid: 1.2889

11

Open: 1.2889

Close: 1.2912

Mid: 1.2904

12

Open: 1.2913

Close: 1.2748

Mid: 1.2810

13

Open: 1.2749

Close: 1.2719

Mid: 1.2739

14

Open: 1.2719

Close: 1.2643

Mid: 1.2716

15

Open: 1.2719

Close: 1.2643

Mid: 1.2716

16

Open: 1.2719

Close: 1.2643

Mid: 1.2716

17

Open: 1.2647

Close: 1.2696

Mid: 1.2678

18

Open: 1.2694

Close: 1.2626

Mid: 1.2669

19

Open: 1.2625

Close: 1.2603

Mid: 1.2607

20

Open: 1.2601

Close: 1.2586

Mid: 1.2604

21

Open: 1.2589

Close: 1.2536

Mid: 1.2565

22

Open: 1.2589

Close: 1.2536

Mid: 1.2565

23

Open: 1.2589

Close: 1.2536

Mid: 1.2565

24

Open: 1.2536

Close: 1.2508

Mid: 1.2516

25

Open: 1.2509

Close: 1.2507

Mid: 1.2501

26

Open: 1.2506

Close: 1.2444

Mid: 1.2490

27

Open: 1.2443

Close: 1.2549

Mid: 1.2480

28

Open: 1.2550

Close: 1.2432

Mid: 1.2500

29

Open: 1.2550

Close: 1.2432

Mid: 1.2500

30

Open: 1.2550

Close: 1.2432

Mid: 1.2500

31

Open: 1.2441

Close: 1.2476

Mid: 1.2468

August - 2017

SunMonTueWedThuFriSat
1

Open: 1.2472

Close: 1.2537

Mid: 1.2496

2

Open: 1.2537

Close: 1.2567

Mid: 1.2543

3

Open: 1.2565

Close: 1.2578

Mid: 1.2582

4

Open: 1.2579

Close: 1.2649

Mid: 1.2612

5

Open: 1.2579

Close: 1.2649

Mid: 1.2612

6

Open: 1.2579

Close: 1.2649

Mid: 1.2612

7

Open: 1.2647

Close: 1.2675

Mid: 1.2665

8

Open: 1.2673

Close: 1.2665

Mid: 1.2672

9

Open: 1.2664

Close: 1.2695

Mid: 1.2706

10

Open: 1.2697

Close: 1.2741

Mid: 1.2721

11

Open: 1.2740

Close: 1.2677

Mid: 1.2699

12

Open: 1.2740

Close: 1.2677

Mid: 1.2699

13

Open: 1.2740

Close: 1.2677

Mid: 1.2699

14

Open: 1.2670

Close: 1.2720

Mid: 1.2687

15

Open: 1.2718

Close: 1.2756

Mid: 1.2745

16

Open: 1.2756

Close: 1.2615

Mid: 1.2714

17

Open: 1.2618

Close: 1.2680

Mid: 1.2623

18

Open: 1.2680

Close: 1.2583

Mid: 1.2619

19

Open: 1.2680

Close: 1.2583

Mid: 1.2619

20

Open: 1.2680

Close: 1.2583

Mid: 1.2619

21

Open: 1.2568

Close: 1.2556

Mid: 1.2582

22

Open: 1.2556

Close: 1.2560

Mid: 1.2544

23

Open: 1.2561

Close: 1.2550

Mid: 1.2577

24

Open: 1.2551

Close: 1.2520

Mid: 1.2538

25

Open: 1.2521

Close: 1.2479

Mid: 1.2495

26

Open: 1.2521

Close: 1.2479

Mid: 1.2495

27

Open: 1.2521

Close: 1.2479

Mid: 1.2495

28

Open: 1.2473

Close: 1.2507

Mid: 1.2482

29

Open: 1.2508

Close: 1.2510

Mid: 1.2506

30

Open: 1.2511

Close: 1.2619

Mid: 1.2566

31

Open: 1.2619

Close: 1.2482

Mid: 1.2599

September - 2017

SunMonTueWedThuFriSat
1

Open: 1.2483

Close: 1.2394

Mid: 1.2409

2

Open: 1.2483

Close: 1.2394

Mid: 1.2409

3

Open: 1.2483

Close: 1.2394

Mid: 1.2409

4

Open: 1.2423

Close: 1.2412

Mid: 1.2398

5

Open: 1.2412

Close: 1.2372

Mid: 1.2377

6

Open: 1.2376

Close: 1.2224

Mid: 1.2286

7

Open: 1.2220

Close: 1.2112

Mid: 1.2183

8

Open: 1.2109

Close: 1.2156

Mid: 1.2104

9

Open: 1.2109

Close: 1.2156

Mid: 1.2104

10

Open: 1.2109

Close: 1.2156

Mid: 1.2104

11

Open: 1.2170

Close: 1.2108

Mid: 1.2132

12

Open: 1.2109

Close: 1.2185

Mid: 1.2151

13

Open: 1.2184

Close: 1.2171

Mid: 1.2173

14

Open: 1.2169

Close: 1.2162

Mid: 1.2192

15

Open: 1.2162

Close: 1.2192

Mid: 1.2177

16

Open: 1.2162

Close: 1.2192

Mid: 1.2177

17

Open: 1.2162

Close: 1.2192

Mid: 1.2177

18

Open: 1.2186

Close: 1.2288

Mid: 1.2242

19

Open: 1.2287

Close: 1.2290

Mid: 1.2292

20

Open: 1.2290

Close: 1.2321

Mid: 1.2305

21

Open: 1.2318

Close: 1.2325

Mid: 1.2336

22

Open: 1.2324

Close: 1.2337

Mid: 1.2285

23

Open: 1.2324

Close: 1.2337

Mid: 1.2285

24

Open: 1.2324

Close: 1.2337

Mid: 1.2285

25

Open: 1.2380

Close: 1.2367

Mid: 1.2348

26

Open: 1.2367

Close: 1.2346

Mid: 1.2377

27

Open: 1.2346

Close: 1.2475

Mid: 1.2400

28

Open: 1.2472

Close: 1.2424

Mid: 1.2460

29

Open: 1.2425

Close: 1.2466

Mid: 1.2473

30

Open: 1.2425

Close: 1.2466

Mid: 1.2473

October - 2017

SunMonTueWedThuFriSat
1

Open: 1.2425

Close: 1.2466

Mid: 1.2473

2

Open: 1.2484

Close: 1.2506

Mid: 1.2488

3

Open: 1.2517

Close: 1.2490

Mid: 1.2506

4

Open: 1.2489

Close: 1.2479

Mid: 1.2480

5

Open: 1.2481

Close: 1.2569

Mid: 1.2501

6

Open: 1.2568

Close: 1.2538

Mid: 1.2560

7

Open: 1.2538

Close: 1.2538

Mid: 1.2530

8

Open: 1.2538

Close: 1.2537

Mid: 1.2531

9

Open: 1.2536

Close: 1.2552

Mid: 1.2534

10

Open: 1.2554

Close: 1.2511

Mid: 1.2515

11

Open: 1.2511

Close: 1.2451

Mid: 1.2490

12

Open: 1.2448

Close: 1.2475

Mid: 1.2468

13

Open: 1.2476

Close: 1.2464

Mid: 1.2477

14

Open: 1.2464

Close: 1.2462

Mid: 1.2463

15

Open: 1.2462

Close: 1.2479

Mid: 1.2474

16

Open: 1.2478

Close: 1.2524

Mid: 1.2525

17

Open: 1.2525

Close: 1.2498

Mid: 1.2532

18

Open: 1.2498

Close: 1.2466

Mid: 1.2498

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21
22
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25
26
27
28
29
30
31

November - 2017

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December - 2017

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For full historical data please visit: USD/CAD exchange rate history pages for the past 365 days
For full historical data please visit: USD/CAD exchange rate history pages for the year 2017 | 2016 | 2015 | 2014 | 2013 | 2012

>> Click Here for Other Currency Conversions

>> Ask FX professional George Cole at RationalFX for guidance on where the market is moving in 2017

USD News and Forecasts from Pound Sterling Live's Editorial Team

5% Rise in US Dollar Forecast as Taylor Model Shows Federal Reserve Wa…

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GBP/USD: Is this a Recovery or Not?

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Pound-to-Dollar Rate Predicted to Extend Short-Term Advance, but an He…

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Pound-to-Dollar: The Fed Chair Question Is Now The Dollar’s Kingmaker

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Pound-to-Dollar Rate Advances as US Inflation, Retail Sales Surprises …

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Publications from the US Federal Reserve

The Age-Time-Cohort Problem and the Identification of Structural Param…

A standard approach to estimating structural parameters in life-cycle models imposes sufficient assumptions on the data to identify the “age profile" of outcomes, then chooses model parameters so that the...

Keynote Address

Addressing the Equitable Transit Summit in Scranton, PA, on October 17, Philadelphia Fed President Patrick Harker discussed how access to transportation is a building block for economic well-being.

Investing in America’s Workforce

Philadelphia Fed President Patrick Harker spoke at the Fed’s Investing in America’s Workforce conference in Austin, TX. His presentation covered the findings of a new Fed report on workforce development.

Welcoming Remarks

New Perspectives on Consumer Behavior in Credit & Payments Conference, Philadelphia, PA

The Increased Role of the Federal Home Loan Bank System in Funding Mar…

This note is the third part in a three part series. Part 1 provides some historical background and discusses key institutional characteristics of the Federal Home Loan Banks (FHLB) System...

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