CAD

There are five brightly-coloured banknotes, including $5, $10, $20, $50, and $100. There are six denominations of Canadian coins, including 5 cents (called a nickel), 10 cents (a dime), 25 cents (a quarter), 50 cents, one dollar (a looney), and two dollars (a toonie). Canadian dollars are often called loonies in the same way we call dollars bucks. The nickname refers to the aquatic bird, the loon, on one side of the $1 coin. The nickname for the $2 coin, tooney, comes from the combination of ‘two loonies’. Buck, Huard, and piastre are other common nicknames.

Country Canada Official Currency Canadian dollar Currency Code CAD Currency Symbol $ Banknote Denominations $5, $10, $20, $50 and $100 Coin Denominations 5¢, 10¢, 25¢, 50¢, $1, and $2 In Stock Yes Current Rate Pennies are being phased out, purchases are rounded to the nearest nickel. The $1 coin is known as a ‘loonie’ and $2 a ‘toonie’.

The Canadian dollar is the currency used in Canada. It can be represented by the $ sign and the 3 letter code is CAD. Similar to the Aussie dollar, the Canadian dollar can be subdivided into 100 cents, which locals sometimes call pennies.