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.

Cuban Convertible Peso

Cuban Convertible Peso

The convertible peso (sometimes given as CUC$ and informally called a cuc or a chavito) is one of two official currencies in Cuba, the other being the Cuban peso. It has been in limited use since 1994, when its value was pegged 1:1 to the United States dollar. On 8 November 2004, the U.S. dollar ceased to be accepted in Cuban retail outlets and left the convertible peso as the only currency in circulation in many Cuban businesses. Officially exchangeable only within the country, its value was increased to US$1.08 in April 2005, but reverted to US$1.00 on 15 March 2011. The convertible peso is, by the pegged rate, the twelfth-highest-valued currency unit in the world and the highest-valued "peso" unit. On 22 October 2013, it was announced that the currency is to be scrapped, with it being gradually unified with the lower-value Cuban peso, though as of August 2018, that unification has not been achieved, nor has any target date been officially announced.

1 Canadian Dollar to Cuban Convertible Peso exchange rates chart

1 CAD to CUC exchange rates graph
1 CAD to CUC 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 CUC exchange rates table

Exchange CAD to CUC
1 Canadian Dollar = 0.755 Cuban Convertible Peso
2 Canadian Dollar = 1.511 Cuban Convertible Peso
5 Canadian Dollar = 3.777 Cuban Convertible Peso
10 Canadian Dollar = 7.554 Cuban Convertible Peso
Exchange Canadian Dollar to Cuban Convertible Peso
1 Canadian Dollar to Cuban Convertible Peso 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/CUC rate at Kantor Currency Exchange in Toronto

1 CAD to CUC exchange rates at Kantor Currency Exchange in Toronto
1 Canadian Dollar = 0.699 Cuban Convertible Peso
Kantor Currency Exchange
Kantor Currency Exchange

Kantor Currency Exchange was created in 2001 as a community based company at the heart of the Ukrainian community in Toronto, Canada. Since the first days of its existence, Kantor has been striving to reach customer satisfaction, providing thorough and honest services at attractive prices. After a while, Kantor grew beyond its original community based orientation. Today it is serving thousands of customers of different nationalities and backgrounds all over Canada. Kantor is proud to be the...

1 CAD to CUC exchange rates 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...

4 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

4 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)

5 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

6 days indicative negative
Cuba Cruise Tips and What to Expect Before Your Cruise to Havana

I recently sailed on Majesty of the Seas to Key West and Cuba on a 4-night cruise out of Tampa.  I chose this itinerary simply for the fact that I wanted

about 2 months conditional positive
What Happens When Cuba Devalues Its Peso?

For the Cuban economy to keep making progress on the

about 2 months conditional positive

1 CAD to CUC currency converter