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Canada
Canadian Dollar (CAD)
Curiosities about the currency
The Canadian dollar (whose ISO is CAD) has been the official currency of Canada since 1858 when the then British province decided to dispense with the British pound. Canadian dollars began to be issued that same year under the management of the Bank of Canada.
Canadian dollar banknotes have values of 5, 10, 20, 50, 100, and 1000 dollars. The Central Bank decided to issue all new banknotes in Canada with a new bio-resistant polymer material to reduce costs and make counterfeiting more difficult.
The coins of Canada have denominations of 1, 2, 5, 10, 25, 50 cents and 1, 2 dollars. They are issued by the Royal Canadian Mint and are minted in Winnipeg. The 1-cent coin ceased to be issued in 2013, although it has not yet been officially withdrawn.
The symbol for the Canadian dollar is C$ to differentiate it from the US dollar. There is a 10 Canadian dollar note whose design is printed vertically. It has been considered one of the most beautiful banknotes in the world by IBNS.
Loonies is the colloquial term for the currency of one Canadian dollar. This term comes from a waterbird that appears on the obverse of that note. The term Loonies is also used to refer to the monetary unit in general.
What do the banknotes/coins look like?
Front part
*The banknotes and coins correspond to the newest issued series and are for reference. Colours may vary and there may be more designs than those shown.
