Canadian Dollar exchange rate

CAD - Canadian Dollar

The currency that is used in Canada is the Canadian Dollar. Another name for the Canadian Dollar is 'Canadian'. The Canadian Dollar can be exchanged for all major currencies as well as some 'exotic currencies'. The Canadian Dollar is most commonly exchanged against the US dollar, but the GBP/CAD (Sterling to Canadian Dollar exchange rate) and the CAD/EUR (Canadian dollar against the euro) are also popular exchanges.

Canada does a lot of cross border trading with the US - indeed almost 90% of the population of Canada live within a hour of the USA. Canada also trades with European countries including Great Britain. Many UK residents emigrate to Canada to take advantage of its lifestyle.