Canadian Dollar

Canadian Dollar

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.

Bahamian Dollar

Bahamian Dollar

The dollar (sign: $; code: BSD) has been the currency of The Bahamas since 1966. It is normally abbreviated with the dollar sign $, or alternatively B$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.

1 Canadian Dollar to Bahamian Dollar exchange rates chart

1 CAD to BSD exchange rates graph
1 CAD to BSD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 CAD to BSD exchange rates table

Exchange CAD to BSD
1 Canadian Dollar = 0.761 Bahamian Dollar
2 Canadian Dollar = 1.522 Bahamian Dollar
5 Canadian Dollar = 3.804 Bahamian Dollar
10 Canadian Dollar = 7.608 Bahamian Dollar
Exchange Canadian Dollar to Bahamian Dollar
1 Canadian Dollar to Bahamian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best CAD/BSD rate at Ultimate Currency Exchange in Toronto

1 CAD to BSD exchange rates at Ultimate Currency Exchange in Toronto
1 Canadian Dollar = 0.694 Bahamian Dollar
Ultimate Currency Exchange
Ultimate Currency Exchange

Ultimate Currency Exchange is a Canadian registered company that provides foreign exchange services with three branches; two in Ottawa and one in Toronto and also accepts online orders to ship foreign currency to any part of Canada. UCE buys and sells more than ninety foreign currencies with no commission fees. UCE's exchange rates are always better than Canadian banks and compete with the other exchange bureaus. Ultimate Currency Exchange is a "Money Service Business" registered with FINTRAC...

1 CAD to BSD exchange rates news

C$ steadies after hitting 4-month low on oil price slump

updates prices); Canadian dollar near flat against the greenback; Loonie touches its weakest since July 20 at 1.3264; Price of U.S. oil slumps 7.1.

indicative neutral
Canadian dollar steadies after hitting four-month low on oil price...

The Canadian dollar was little changed against the greenback on Tuesday, steadying after it touched the weakest level in nearly four months earlier in the session as a sell-off in oil accelerated.

indicative neutral
USD/CAD - Canadian Dollar Sinking in Oil

The Canadian dollar is caught between a rock and a hard place. The rock is widespread U.S. dollar demand against the major G-10 currencies, and the hard place is falling oil prices. West Texas Intermediate oil prices have dropped 11% in November, and ...

imperative negative
Waste too 'entrenched' for govt NHI savings

The Government cannot finance National Health Insurance (NHI) from internal savings because waste and inefficiency is too “entrenched” in the public sector, a Cabinet minister has admitted.Dr Duane Sands, minister of health, told Tribune Business tha

conditional neutral
INSIGHT: We need a solution to our energy crisis now – not later

AMID what has been deemed an energy crisis by some, public outcry over the increasing electricity costs has become commonplace in our society. Similarly, the lackadaisical response from our elected leaders has been disheartening. Indubitably, Bahamas Power and Light has become our nation’s greatest failure.

conditional positive
‘Disney’s go-ahead shows we need plan’

ENVIRONMENTALISTS are calling for “better national planning” in terms of economic and environmental sustainability in the wake of the Minnis administration’s decision to approve Disney Cruise Line’s proposal for Lighthouse Point, South Eleuthera.

conditional neutral
FBI sting blows open visa scam

A two-year FBI sting operation into visa fraud in the Bahamas has uncovered an alleged bribery ring between senior Bahamas immigration officials and a purported justice of the peace for fraudulent long-term work permits.

indicative neutral
Central Bank to ban 'anonymous' crypto assets

The Central Bank is proposing to ban its licensees from dealing with “anonymous” crypto currency assets, with 84 percent of local institutions saying they have no desire to enter this space.The regulator, unveiling a “discussion paper” on proposals f

conditional neutral

1 CAD to BSD currency converter