Canadian Dollar Wiki
The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes CA$, 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 its back, the dollar coin, and sometimes the unit of currency itself, are sometimes referred to as the loonie by English-speaking Canadians and foreign exchange traders and analysts.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. With currencyconverts.com you can convert Canadian Dollar (CA$) to any other foreign currency. To convert a certain amount of Canadian Dollar use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for Canadian Dollar is calculated from mid-market real price and updates daily. Usually people search for CAD exchange rate before business travel to Canada, or during trip to other countries and want to check rate of Canadian Dollar in local money. On this page you can convert Canadian Dollar to main foreign currencies, get fast access to most used amounts of CAD or aether calculate any amount of Canadian Dollar in other fiat money.