Canadian Dollar | CAD | Canada Currency | Canada Dollar

Canadian dollar

Canadian Dollar Currency:

The official currency of Canada is Canadian dollar. It is worthwhile to mention about its corresponding name in French because the second most important language in Canada after English is French. It is called in French as dollar canadien  or  huard.  It is denoted by the symbol $. To clarify the confusion over the dollars pertaining to other countries, it is denoted by Can$ or sometimes by C$. It is further subdivided into 100 equal parts called cents.

The most used denominations in the paper currency of Canada are $5, $10, $20 and $50 and the most commonly used coins are 5ȼ, 10ȼ, 25ȼ and $1 and $2 whereas the less used denominations in paper currency notes are $100 and that of coins are 50 ȼ.

Canadian Dollar Information:

Code:

CAD

Sub unit:

 1/100 = cent

Symbol:

$ or Can$ or C$

Unofficial user countries:

Saint Pierre and Miquelon

Banknotes:

$5, $10, $20, $50, $100

Coins:

1¢, 5¢, 10¢, 25¢, 50¢, $1, $2

Central bank:

Bank of Canada

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Predecessors Currencies used in Canada:

  • Canadian pound (1841 to 1858)

  • New Brunswick dollar (1860 to 1867)

  • British Columbia dollar (1865 to 1871)

  • Prince Edward Island dollar (1871 to 1873)

  • Nova Scotian dollar (1860 to 1871)

  • Newfoundland dollar (1865 to 1949)

Canadian dollar

Most traded currencies:

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