Canadian Dollar

Canadian Dollar

Canadian Dollar overview

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

1 CAD to USD exchange rates chart

CAD to  exchange rates chart

Canadian Dollar news

Transferring money to Philippines from Canada | Philippine Canadian Inquirer
Transferring money to Philippines from Canada | Philippine Canadian Inquirer

Transfer of funds between countries. A struggle we all know all too well, but seems like wherever we turn our head, there are more fees lurking in the...

6 days indicative neutral
Jamaican dollar dips more than $1 against US in a day

The Jamaican dollar depreciated by $1.08 against the US dollar on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It closed at $130.65 again

6 days indicative negative
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

7 days indicative negative
Jamaican dollar closes at $129.47

The Jamaican dollar devalued by 42 cents against the US dollar during Tuesday’s trading day according to the trading summary from the Bank of Jamaica (BOJ). The Jamaic

8 days indicative negative
Jamaican dollar appreciates by three cents

The Jamaican dollar appreciated by three cents against its US counterpart during Monday's trading, according to the trading summary from the Bank of Jamaica (BOJ). The

9 days indicative negative
Jamaican dollar declines 28 cents against US greenback

The Jamaican dollar depreciated by 28 cents against its US counterpart on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It close

13 days indicative negative
Jamaican dollar inching towards $129 against greenback

The Jamaican dollar depreciated by 30 cents against its US counterpart on Thursday, according to the foreign exchange trading summary from the Bank of Jamaica. The loc

20 days indicative negative

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