Canadian Dollar (CAD)
About the Canadian Dollar
The Canadian “dollar” (plural: dollars) is the official currency used in the country of Canada, and one of the main currencies used in the French territory of St. Pierre and Miquelon. Its official currency code (ISO) is “CAD” and it is symbolized by “$”. The primary denominations include 1, 5, 10, 25 cent coins (sometimes represented by a cents “¢” symbol); 1 (popularly referred to as a “loonie”) and 2 (popularly referred to as a “toonie”) dollar coins (1 dollar = 100 cents); and 5, 10, 20, 50, and 100 dollar paper bank notes. In English-speaking Canada, decimal numbers are usually denoted using a point (e.g. 1.50), whereas in French-speaking Canada they are usually denoted using a comma (e.g. 1,50). The dollar has a floated exchange rate and its value is often seen as being dependent on commodity prices (Canada’s largest export).
Central Bank: Bank of Canada
News: Canadian Dollar
- Lower loonie discouraging Canadians from heading south - CTV News (27 August 2015, 4:56 pm)
- Trade Idea: USD/CAD - Stand aside - ActionForex (27 August 2015, 2:58 pm)
- CANADA FX DEBT-C$ extends gains as oil, global equities rally - Reuters (27 August 2015, 2:07 pm)
Reports & Events: Canadian Dollar
- The Long-Term Evolution of House Prices: An International Perspective (25 August 2015, 12:25 pm)
- Bank of Canada Announces the Recipient of its 2015 Law Enforcement Award of Excellence for Counterfeit Deterrence (18 August 2015, 11:47 am)
- Bank of Canada Publishes 2016 Schedule for Policy Interest Rate Announcements and Release of the Monetary Policy Report (27 July 2015, 10:00 am)
Discussions: Canadian Dollar
- Colombia, destino cada vez más barato para extranjeros - DailyFX (27 August 2015, 7:02 pm)
Videos: Canadian Dollar
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