1. Canadian Dollar is the official currency of Canada. It is represented by abbreviated Dollar sign $.
2. In order to distinguish Canadian Dollars from the other dollar-denominated currencies, at times, it is also abbreviated as CA$, Can$, or C$.
3. CA$ accounts for approximately 2% of global reserves.
4. It is also the 5th-most held reserve currency globally, just after the U.S. Dollar, Euro, Yen, and Pound Sterling.
5. Issuance right of CA$ is solely held by the Bank of Canada.
6. Canadian Dollars banknotes are available in the denominations of $5, $10, $20, $50, $100.
7. The Bank of Canada has contracted the Canadian Bank Note Company to produce the Canadian notes since then.
What is the interbank exchange rate for the Canadian Dollar ?
1 GBP = 1.798250 CAD
Last update date : 11-10-2024 12:30:25
Last updated on 11-10-2024 12:30:25
The below table shows the exchange rate and inverse exchange rate
Last updated on 11-10-2024 12:30:25
Currency |
Exchange Rate |
Inverse Rate |
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