The currency of Canada is the Canadian Dollar. Its currency code is CAD and the currency symbol is $. It is used in Canada and no other countries. There are 100 Cents in a Dollar.
The currency is made up of coins and banknotes as follows:
Frequently used coins: $1, $2, 5¢, 10¢, 25¢
Frequently used banknotes: $5, $10, $20, $50, $100
The Canadian Dollar has had a fantastic month, for anyone looking to exchange pounds to CAD anyway. Starting at around $1.78/£1 it has steadily climbed all month to reach 1.9 on Saturday.
If you are heading out to Canada for skiing
, its a fantastic time to order your Canadian Dollars
. The snow is also excellent right now in Whitewater and Red Mountain.
As of this morning the Canadian Dollar was around 7% higher than it was at the start of January with todays best Canadian Dollar rate
at 1.901. This converts to you getting around $100 more Canadian Dollars for every £1000 you exchange than you would have done a month ago.
Have fun if you are going to Canada