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Canadian dollar

File:Canadian_Frontier_Banknotes_faces.png · Wikimedia Commons · See Wikimedia Commons

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Canadian dollar

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Also known as CAD, C$, $, CA$, dollar

currency of Canada

AI overview

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
Image
CAD 4 dollar bill.jpg
Show 10 more facts
Commons category
Money of Canada
subdivision of this unit
cent
central bank/issuer
Bank of Canada
price
0.685
unit symbol
C$
currency sign
dollar sign
applies to jurisdiction
Canada
conversion to standard unit
0.8285004142502071
short name
CA$
Sources (4)

via Wikidata · CC0

~26 min read

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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