The currency of Canada is the Canadian Dollar. It's code is CAD. According to our data, CAD to USD is the most popular Canadian Dollar exchange rate conversion. Canadians nickname their currency, amongst others: Loonie, buck (English), Huard and piastre (French).
The most frequently used banknotes in Canada are:$5, $10, $20, $50, $100. The currency is used solely in Canada
In the 1950s Canada decided to have a floating currency; however, in 1962 the currency became a fixed exchange rate again at 0.925 USD = 1 Canadian Dollar. The peg was kept until 1970 after which it again became a floating currency.