Currency of Canada: Canadian dollar $
The Canadian Dollar is the currency of Canada. The code of Canadian dollar is CAD. We use $ as symbol of Canadian dollar. The Canadian Dollar is divided in 100 cents. CAD is regulated by Bank of Canada.
Did you know:
- The most popular conversions of Canadian dollar are CAD/euro CAD/US dollar CAD/Cuban convertible peso CAD/Singapore dollar
- the Canadian dollar was introduced in 1 Jan 1858 (161 years ago).
- There are 7 coins for the Canadian dollar ( 1¢ , 5¢ , 10¢ , 25¢ , 50¢ , $1 and $2 ),
- the Canadian dollar has 9 banknotes ( $1 , $2 , $5 , $10 , $20 , $50 , $100 , $500 and $1000 )
The Canadian currency, the loonie
Canada is part of the Commonwealth, so although it's completely economically and politically independent, Queen Elizabeth II of England is Canada's head of state (just like Australia, New Zealand and elsewhere). It's unsurprising to find the Queen's "mug shot" on the back of all Canadian coins as well as on the twenty-dollar bill.
Besides this, banknotes usually feature busts of former prime ministers from the early 20th century, whereas coins feature some of Canada's emblematic wildlife: the beaver, the caribou, the loon and the polar bear. The maple leaf only appears as a watermark on all banknotes.
The "loonie" is also a common name Canadians give their currency. They may also call their dollar a "piastre" in French (pronounced "piasse").
The Canadian dollar was first introduced in 1857 on the markets. Its equivalent in "gold" at the time was the same as the US dollar, but since 1950, Canada has refused to peg its exchange rate to the greenback.
Converter Canadian dollar
The CAD converter is provided without any warranty. Prices might differ from those given by financial institutions as banks, brokers or money transfer companies.
Enter the amount to convert at the top and choose a second currency., You can also get the history of the price rate by clicking on the "convert" button., If you want to see the parity of the CAD currency with other currencies, go to the table " Canadian dollar exchange rate" below.
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