File:Canadian_Frontier_Banknotes_faces.png · Wikimedia Commons · See Wikimedia Commons
The Canadian dollar is the official money used in Canada for buying and selling goods and services. It matters because it's essential for conducting everyday transactions within the country and plays an important role in Canada's international trade and economy.
AI-generated from the Wikipedia summary — may contain errors.
Wikidata facts
- Instance of
- dollar
- Country
- Canada
- Material used
- polymer
- Manufacturer
- Canadian Bank Note Company
- Image
- CAD 4 dollar bill.jpg
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- Commons category
- Money of Canada
- subdivision of this unit
- cent
- central bank/issuer
- Bank of Canada
- replaces
- Canadian pound
- price
- 0.685
- unit symbol
- C$
- currency sign
- dollar sign
- applies to jurisdiction
- Canada
- conversion to standard unit
- 0.8285004142502071
- short name
- CA$
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Encyclopedic overview
The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $. There is no standard disambiguating form, but the abbreviations Can$, CA$ and C$ are frequently used for distinction from other dollar-denominated currencies (though C$ remains ambiguous with the Nicaraguan córdoba). It is divided into 100 cents (¢).
Owing to the image of a common loon on its reverse, the dollar coin, and sometimes the unit of currency itself, may be referred to as the loonie by English-speaking Canadians and foreign exchange traders and analysts. Likewise, amongst French-speaking Canadians, the French word for loon, huard, is also commonly used.
Excerpted from Wikipedia’s “Canadian dollar” article, available under the CC BY-SA 4.0 licence.
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