Canadian dollar and its history. Canadian money: everything you need to know about it What the Canadian dollar looks like

The dollar (ISO 4217 standard, code - CAD) is the currency of Canada. The abbreviation is the dollar sign - $ or C$ to distinguish the Canadian dollar from other currencies designated by the dollar. A dollar is made up of 100 cents.

Story

Gold dollar

In 1841, the new province of Canada declared that its dollar was equal to the US gold dollar and was valued at 5 shillings in local currency. Silver Spanish dollars were valued at 5 shillings and 1 penny, and the British sovereign was equal to 1 pound 4 shillings and 4 pence, the exact value according to the gold content being compared with that of the US gold dollar.

Independent Canadian dollar

On January 1, 1858, the Province of Canada announced that all accounts would be kept in dollars and cents and issued a decree issuing the first official Canadian coins that same year. The dollar was artificially maintained at the nominal price of the US dollar, with a gold content standard of $1 = 23.22 granules of gold. The colonies that formed the Canadian Confederation actively adopted the decimal system over the next few years. New Brunswick, British Columbia and Prince Edward Island borrowed dollars equal to the Canadian dollar (see New Brunswick dollar, British Columbia dollar and Prince Edward Island dollar). However, Nova Scotia and Newfoundland did not borrow this dollar (see Nova Scotia dollar and Newfoundland dollar). Nova Scotia maintained its own currency until 1871, and Newfoundland issued its own currency before joining Confederation in 1949, although the value of the Newfoundland dollar was established in 1895 to make it equal to the Candian dollar.

Currencies used in Canada

The Federal Parliament passed the Currency Unification Act in April 1871, eliminating all ambiguities regarding the currencies of the various provinces and replacing them with the regular Canadian dollar. The gold standard was temporarily abandoned during the First World War and completely abolished on April 10, 1933. Just before the outbreak of the Second World War, the exchange rate of the US dollar was fixed: 1 US dollar = 1.1 Canadian dollars. The value of both dollars was equal in 1946. In 1949, sterling was devalued, and the Canadian dollar rose again: 1.1 Canadian dollars = 1 US dollar. However, Canada allowed its dollar to fluctuate in 1950, returning to a constant exchange rate only in 1962, when the dollar was artificially supported at the rate of 1 Canadian dollar = 0.925 US dollars. This artificial maintenance of the exchange rate lasted until 1970, after which the value of the currency began to fluctuate.

Terminology

Canadian English, like American English, use the slang term for the dollar "buck". Due to the appearance of the loon on the back of the coin that replaced the bill in 1987, the word "loonie" was borrowed from the Canadian language to distinguish the Canadian dollar from other currencies, since "loonie is now ubiquitous in currency markets." When two-dollar coins were introduced in 1996, the derivative word "tuni" became a common reference for these coins in Canadian English slang. In French the currency is also called the dollar; Canadian French slang terms include "piaster" or "piasse" (same as "buck", but this is the original word used in 18th century French to translate "dollar") and "ouar" (equivalent to "loonie" , since “ouar” is French for “loon” - the bird depicted on the coin). The French pronunciation of "cent" (pronunciation similar to English /sεnt/, but not pronounced like the word "hundred" /sε~/) is usually used for subdivision; "su" is another informal term. The original One Dollar coin was a copy of the original Voyageur Canoe coin. During transport to the mint (in 1986 or 1987), the plates were lost or stolen, resulting in a complete change in design to the modern loon.

Coins

In 1858, bronze 1-cent coins and silver 5-, 10- and 20-cent coins were issued by the Canadian Province. With the exception of 1 cent coins, coins were issued in 1859 and no coins were issued until 1870, when production of 5 and 10 cent coins was resumed and silver 25 and 50 cent coins were introduced. From 1908 to 1919, sovereigns (Canadian legal tender valued at $4,866) were issued in Ottawa with the mint mark "C". $5 and $10 gold coins were issued between 1912 and 1914. In 1920, the 1 cent size was reduced and the fineness of the silver coins was reduced to .800. In 1922, the silver 5-cent coin was replaced by a larger nickel coin. In 1935, a silver $1 coin was introduced. In 1942, by wartime standards, the nickel was replaced by tombak in the 5-cent coin, and the shape of the coin was changed from round to dodecagonal. Between 1944 and 1945, and between 1951 and 1954, chrome-plated steel was used for 5-cent coins while nickel was temporarily borrowed. In 1963, the 5-cent coin became round again. In 1968, coins worth 10 and 25 cents were issued in 0.500 fine silver, later silver was replaced by nickel. At the same time, the size of the 50 cent and $1 coins was reduced. In 1982, the shape of the 1-cent coin was changed to a dodecagonal one, and copper-nickel alloy was added to the 5-cent coins. In 1987, a $1 coin made of gold plated laminated nickel was introduced. Bimetallic $2 coins were introduced in 1996. In 1997, copper-plated zinc replaced bronze in 1-cent coins. In 2000, laminated steel coins were introduced for 1, 5, 10, 25 and 50 cents, the 1 cent coin was copper plated and others were cupronickel plated. The coins are produced by the Royal Canadian Mint in Winnipeg, Manitoba, and are currently issued in 1¢ (penny), 5¢ (nickel), 10¢ (dime), 25¢ (quarter), 50¢ (50 cent coin) ( although the 50 cent coin is rarely used), $1 (loonie) and $2 (tooney).

The standard set of designs uses Canadian symbols, usually wildlife, on the reverse and a three-dimensional image of Elizabeth II on the obverse. However, some pennies, nickels and dimes remain in circulation, bearing the image of George VI. Commemorative coins with differing reverses are also issued on irregular bases. 50 cent coins are rarely found in circulation, are often collected and are not often used in daily trading transactions. There is a lot of talk about retiring the penny, as it has been estimated that the Royal Canadian Mint spends up to 4 cents to produce and distribute these one-cent coins. To maintain the Canadian penny in circulation, you need to spend about 130 million Canadian dollars annually (according to estimates from a financial institution that advocates removing pennies from circulation). In 2007, a survey found that only 37% of Canadians use pennies, but the government continues to produce about 816 million pennies each year, which equates to 25 pennies for every Canadian .

Banknotes

The first paper money issued in Canada denominated in dollars was British war notes issued between 1813 and 1815, with values ranging from $1 to $400. But these were necessary issues due to the War of 1812. The first banknotes were issued in 1817 by the Bank of Montreal. A large number of banks created by the Banking Act were founded in the 1830s, 1850s, 1860s, and 1870s, although many of the paper currencies issued were short-lived. Other banks, including the Bank of Montreal (later called the Bank of Montreal), issued banknotes for several decades. Before 1858, many notes were issued in shillings/pounds and dollars (5 shillings = 1 dollar). A large number of notes were issued in various denominations, including $1, $2, $3, $4, $5, $10, $20, $25, $40, $50, $100, $500, and $1,000 notes. After 1858, only the dollar note was used. For more information, see Canadian banknotes issued by banks created under the Banking Act. After its founding in 1841, the Canadian province began issuing paper money. Banknotes were produced for the government by the Bank of Montreal between 1842 and 1862, these notes were in denominations of 4, 5, 10, 20, 50 and 100 dollars. In 1866, the Canadian Province began issuing its own paper money in denominations of $1, $2, $5, $10, $20, $50, $100, and $500. In 1870, following Confederation, the Dominion of Canada issued 25-cent notes along with new issues of $1, $2, $500, and $1,000 notes. $50 and $100 notes were issued in 1872, but most subsequent government production consisted of $1 and $2 notes, with $4 notes in 1882. Notes in denominations of $500, $1,000, $5,000 and $50,000 were issued after 1896 specifically for banking purposes. The Banking Act of 1871 limited the minimum denomination of notes that banks created under the Banking Act could issue to $4, and in 1880 the minimum denomination was increased to $5. To facilitate purchases of less than $5 without the use of Dominion notes, Molsons Bank issued $6 and $7 notes in 1871.

The government has issued $5 notes since 1912. The last 25-cent notes, known as "candy wrappers" for their small size, were issued in 1923. In 1935, when only 10 banks created by the Banking Act issued notes , the Bank of Canada was founded and began issuing banknotes in denominations of 1, 2, 5, 10, 20, 50, 100, 500 and 1000 dollars. In 1944, banks created by the Banking Act were prohibited from issuing their own currency; the Royal Bank of Canada and the Bank of Montreal were required to issue banknotes. Although the first $1 coin was introduced in 1935, notes were not withdrawn from circulation until the introduction of the loonie. The $2 note was replaced by a coin in 1996.

Currently, all banknotes are printed by the Canadian Banknote Printing Company and BA International on behalf of the Bank of Canada. In 2000, the Bank of Canada stopped issuing $1,000 notes and began removing them from circulation "as part of the fight against money laundering and organized crime." Even when banknotes are withdrawn from circulation, they remain legal tender and can be used or exchanged at banks. However, upon receipt of such banknotes, the bank must transfer them to the Central Bank for destruction.

5 dollars

10

20 dollars

50 Dollars

100 dollars

Legal tender

Canadian dollar bills, issued by the Bank of Canada, are legal tender in Canada. However, commercial transactions can be legally resolved in any way by agreement of the parties involved. Some transactions in Canada are made in US dollars, even though US currency is not legal tender. Legal tender of the Canadian Monetary System is governed by the Currency Act, which places restrictions on: *$40 if the denomination of the tender is $2 or greater but does not exceed $10; *25 dollars, if the denomination of the means of payment is 1 dollar; *$10 if the denomination of the instrument is 10 cents or more, but less than 1 dollar; *$5 if the denomination of the means of payment is 5 cents; *25 cents if the denomination of the means of payment is 1 cent. Retailers in Canada can refuse banknotes without breaking the law. In accordance with the legal directive, the method of payment must be agreed upon bilaterally by the parties involved in the transaction. For example, convenience stores may refuse $100 bills to avoid becoming victims of counterfeiters; however, official policy suggests that retailers evaluate the impact of this approach. If it is not possible to mutually determine an acceptable means of payment, the parties must find a legal means .

Price

Unlike other currencies in the Bretton Woods system, which have a fixed value, the Canadian dollar fluctuated in value from 1950 to 1960. From 1952 to 1960, the Canadian dollar traded at a slight premium to the US dollar, reaching the equal to 1.0614 US dollars. The Canadian dollar fell significantly in value after 1960, causing Prime Minister John Diefebaker to lose the 1963 election. The Canadian dollar returned to a fixed exchange rate regime in 1962, reaching a value of US$0.925, which remained until 1970. As a means of combating inflation, the Canadian dollar fluctuated in value in 1970. It was valued more than the US dollar in early 1970 -X. It reached its highest point on April 25, 1974 ($1.0443). The Canadian dollar fell in value relative to the US dollar during the US-led tech boom of the 1990s, trading for 61.79 cents on January 21, 2002, an all-time low. Since then, its value relative to all major currencies has risen due to the high prices of consumer goods, especially oil, that Canada exported. Its value relative to the US dollar rose sharply in 2007 due to the continued strength of the Canadian economy and the weakness of the US currency in world markets. For the first time since November 25, 1976, the Canadian dollar collided with US bills of the same value during stock exchange trading on September 20, 2007. Canadian dollar inflation has been fairly mild since the 1990s, but it exploded in the decades before that. In 2007, the Canadian dollar increased significantly in value, rising 23% of its value. On September 28, 2007, the Canadian dollar moved closer to the US dollar ($1.0052) for the first time in 30 years. On November 7, 2007, it reached US$1.024 during stock market trading after China announced that it would be converting its US$1.43 trillion foreign exchange reserve into a non-US dollar currency. However, by November 30, the Canadian dollar was back at par with the US dollar, and on November 4, the dollar fell again to US$0.98 through interest rate cuts by the Bank of Canada, driven by concerns about exports to the United States. The rate has remained unchanged since then (from 0.96 to 1.03 US dollars), since the beginning of 2008 the rate has been less than 1.01 US dollars (after the US temporarily lowered the gold standard on July 11, 1864, the dollar reached marks US$2.78). Since 84.2% of Canadian exports go to the US and 56.7% of US exports go to Canada, Canadians are primarily interested in the value of their currency relative to the US dollar. In global markets, historically, the Canadian dollar tends to move in parallel with the US dollar, but less dramatically. The consequence is that in those days, a rising Canadian dollar would often fall in value relative to other world currencies, and vice versa, since Canadians typically only compare their dollar to the US dollar and not to other world currencies. However, during the relatively sharp rise in the value of the Canadian dollar in 2002, it "followed" the US dollar and increased its value relative to it, while at the same time increasing its value relative to other major international currencies. While there was some concern when the Canadian dollar was selling for much less than the US dollar, there was also cause for concern among exporters when the dollar began to rise rapidly. The rapid rise in the value of the Canadian dollar increased the prices of Canadian exports to the United States, which made up a large portion of the economy. On the other hand, there are benefits to increasing the value of the dollar, such as making it cheaper for Canadian industry to purchase foreign materials and manufacturing. The Bank of Canada does not have a specific value for the Canadian dollar and has not intervened in currency markets since 1998. The Bank's position on currency is that market conditions should determine the value of the Canadian dollar. Due to its high value and record high value against the US dollar, the Canadian dollar was named the "Canadian Notable of 2007" by Times magazine.

Canada is a fairly young state, which was founded in July 1867. Despite this, the currency of the North American country is one of the most stable and in demand in the world.

History of money

The Canadian currency has a rather interesting history. Initially, the currency of the Spanish colonialists, the real, was in use on these lands.

Already in 1841, the Canadian pound was introduced into circulation, which was equivalent to the US dollar. After 16 years it was renamed

A bill adopted by the country's leadership in 1854 ensured that banknotes were linked to the gold and foreign exchange reserves. According to the law, currency was freely exchanged for gold. After the economic crisis, in 1933 the link to the precious metal was abolished by the government.

Until the early 50s of the 20th century, the exchange rate of the Canadian national currency was closely tied to the American dollar, so they were almost equal in value. But starting in 1951, a free exchange rate was established. This continued for 11 years, after which it was decided to re-peg the Canadian dollar to the US currency.

The final transition to a free exchange rate occurred in the 70s of the 20th century, after which the decision has not changed to this day.

International name for Canadian currency

The national currency of Canada has an international designation: 1C$ or CAD. The currency ranks 7th in the world in popularity, although its liquidity and demand cannot be compared with the American dollar and euro.

Canada is one of the largest suppliers of energy resources and raw materials, so the exchange rate of national money depends on the cost of these resources on the international market. Many countries, including the USA, store theirs in CAD. Canada's currency is one of the most stable in the world. This is due to the economic development of the country and the positive financial situation.

Currently, banknotes in circulation are 5, 10, 20, 50 and 100 Canadian dollars.

A cent serves. Coins come in the following denominations: 1,5,10,25, 50, as well as 1 and 2 dollars.

CAD is a currency that is especially popular during trading on the Forex exchange. Daily trading transactions with the Canadian dollar amount to several tens of billions.

The Bank of Canada is responsible for the stability of the national currency and its issue.

Cash banknotes - appearance

On one side, banknotes depict picturesque landscapes of Canada and other images related to the culture of the country. On the other hand, there are famous statesmen from different eras. Throughout its existence, the design of banknotes has undergone some changes. The colors of the money changed, as well as their size. Only special designations and identification elements remained unchanged.

It's no surprise that Queen Elizabeth II is featured on the $20 bill. After all, she is the head of state. The Queen ascended the throne on February 6, 1952 and became the monarch of the United Kingdom of Great Britain, Canada and other territories. The bulk of the powers of the monarch, during her absence, are entrusted to Governor General David Johnston.

Canadian dollar exchange rate

In 2007, the Canadian currency slightly exceeded the US dollar in value, this figure was 1.0052. Today the rate is:

1CAD is equal to 0.70 EUR.
1 CAD is equal to 0.75 USD.
1 CAD is equal to 43.45 RUB.

The Canadian dollar is a fairly stable currency. It is considered one of the most protected in the world. Japan also has the least influence on it.

CAD is a currency in which it is safe to store your savings.

If you are heading to Canada, it will be very useful to know a little about the money you will use there. Canada's currency is the Canadian dollar (CAD) and its value is not far from the leading currencies of the world. Somewhere before 2009, the American and Canadian dollars were almost on par. The Canadian dollar either rose slightly in price or fell slightly in price relative to the American one. This equivalence contrasts with the situation in the 80s and 90s, when the Canadian dollar was significantly cheaper than the American dollar, which allowed Americans to profitably shop in Canada with their own money. Today, 1 Canadian dollar is equal to 70 American cents, which is very unprofitable.

Now directly about banknotes. Canadian bills are available in the following denominations: $5, $10, $20, $50 and $100 (by the way, the $100 bill smells like maple syrup). The $1 and $2 bills were replaced by coins, which many today prefer to call "loonie" and "toonie" respectively in everyday conversation.

Banknotes in Canada are of different, bright colors. This makes it easy to distinguish denominations from each other. Not like our neighbors to the south with their green and white dollars. Canadians are even proud that their money, like beer (again, in their opinion), is an order of magnitude better than its American counterparts.

The list of denominations of Canadian coins includes 1 and 2 dollars, as well as 25, 10, 5 cents. Since 2014, prices have been rounded up to the nearest 5 cents, and the one-cent piece has been phased out, so find yourself a couple as souvenirs.

Beginning in 2011, by order of the federal government, paper banknotes in Canada began to be replaced with plastic ones in order to prevent the activities of counterfeiters. Sometimes, however, problems may arise with them in the form of sticking in a wallet or insufficient flexibility to bend, but these are minor things.

The best way to bring funds to Canada

Debit and credit cards are widely accepted in Canada, which makes it easy to find an ATM in many cities, so you don't have to carry a ton of cash. Be that as it may, it is worth having some cash in your pocket so that you have something to tip the waiter or pay for some small purchase. You can read about the details of using debit and credit cards in Canada.

Currency exchange

Foreign currencies can be easily exchanged for Canadian dollars directly at the airport, at border crossings, in major shopping centers and banks. Many places (especially those popular with tourists) near the US-Canada border accept US dollars, but the exchange rate varies markedly, making banks a much better choice. Debit and credit cards opened overseas can be used to make purchases and withdraw money (Canadian dollars) within Canada, but again, the currency price will depend on your bank.

Below is a list of some daily costs in Canada (2015):

Cup of coffee (Tim Hortons): $1.60 – $2.70
Cup of coffee (Starbucks): $2 – $7 or more
Parking in the center of a large city: about $8 - $15 per hour or $25 - $40 per day.
24-pack of beer: $40 – $60
Glass of wine at a bar/restaurant: $6 – $18

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Calculator CAD - RUB/ Reverse calculation: ruble to canadian dollar exchange rate

The Canadian dollar is the official currency of Canada. Currency code: CAD. Currency unit: Cent (1/100). Currently common denominations are 1, 2, 5, 10, 20, 50, 100 Canadian dollars and coins: 1, 5, 10, 25, 50 cents, 1, 2 dollars.

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Dynamics of changes in the exchange rate of the Canadian dollar against the ruble, per 1 CAD:

during the week
per month
for the quarter

*graph illustrates hourly rate changes over the past seven days.

max: 48.9474

during the week:

48.6683

Table of changes in the Canadian dollar exchange rate for the week: open

date	Well	+/-
11.06 12:00	48.6683	-0.0029
11.06 11:00	48.6712	-0.0651
11.06 10:00	48.7363	-0.0074
11.06 09:00	48.7437	-0.0239
11.06 08:00	48.7676	-0.0033
11.06 07:00	48.7709	-0.0183
11.06 06:00	48.7892	+0.0106
11.06 05:00	48.7786	-0.0062
11.06 04:00	48.7848	-0.0108
11.06 03:00	48.7956	+0.0015
11.06 02:00	48.7941	+0.0445
11.06 01:00	48.7496	-0.0552
11.06 00:00	48.8048	-0.004
10.06 23:00	48.8088	+0.0141
10.06 22:00	48.7947	+0.036
10.06 21:00	48.7587	-0.0264
10.06 20:00	48.7851	+0.0056
10.06 19:00	48.7795	+0.041
10.06 18:00	48.7385	-0.0509
10.06 17:00	48.7894	+0.0437
10.06 16:00	48.7457	-0.0401
10.06 15:00	48.7858	+0.0214
10.06 14:00	48.7644	+0.0096
10.06 13:00	48.7548	-0.0685
10.06 12:00	48.8233	-0.0199
10.06 11:00	48.8432	-0.0334
10.06 10:00	48.8766	+0.0235
10.06 09:00	48.8531	-0.0279
10.06 08:00	48.881	-0.0289
10.06 07:00	48.9099	+0.0058
10.06 06:00	48.9041	+0.0021
10.06 05:00	48.902	+0.0411
10.06 04:00	48.8609	-0.0095
10.06 03:00	48.8704	-0.0243
10.06 02:00	48.8947	-0.0527
10.06 01:00	48.9474	+0.0224
10.06 00:00	48.925	+0.0459
09.06 23:00	48.8791	-0.0682
09.06 22:00	48.9473	+0.1213
09.06 21:00	48.826	+0.0043
09.06 20:00	48.8217	+0.0132
09.06 19:00	48.8085	+0.0288
09.06 18:00	48.7797	+0.0554
09.06 17:00	48.7243	+0.0329
09.06 16:00	48.6914	-
09.06 15:00	48.6914	+0.0149
09.06 14:00	48.6765	-
09.06 13:00	48.6765	+0.0091
09.06 12:00	48.6674	-0.0155
09.06 11:00	48.6829	+0.0113
09.06 10:00	48.6716	+0.0036
09.06 09:00	48.668	-0.0094
09.06 08:00	48.6774	+0.0078
09.06 07:00	48.6696	-0.0176
09.06 06:00	48.6872	+0.005
09.06 05:00	48.6822	-0.018
09.06 04:00	48.7002	+0.0012
09.06 03:00	48.699	+0.0048
09.06 02:00	48.6942	-0.0184
09.06 01:00	48.7126	+0.0024
09.06 00:00	48.7102	-0.0093
08.06 23:00	48.7195	+0.0064
08.06 22:00	48.7131	+0.0066
08.06 21:00	48.7065	-0.0116
08.06 20:00	48.7181	+0.0072
08.06 19:00	48.7109	-0.0048
08.06 18:00	48.7157	+0.0019
08.06 17:00	48.7138	+0.0079
08.06 16:00	48.7059	-0.047
08.06 15:00	48.7529	-0.0436
08.06 14:00	48.7965	-0.0026
08.06 13:00	48.7991	+0.0037
08.06 12:00	48.7954	-0.0024
08.06 11:00	48.7978	+0.0006
08.06 10:00	48.7972	+0.0082
08.06 09:00	48.789	-0.0128
08.06 08:00	48.8018	+0.0061
08.06 07:00	48.7957	+0.0093
08.06 06:00	48.7864	-0.0079
08.06 05:00	48.7943	+0.0001
08.06 04:00	48.7942	-0.053
08.06 03:00	48.8472	-0.003
08.06 02:00	48.8502	+0.0367
08.06 01:00	48.8135	-0.0363
08.06 00:00	48.8498	+0.005
07.06 23:00	48.8448	-0.0178
07.06 22:00	48.8626	-0.027
07.06 21:00	48.8896	+0.0172
07.06 20:00	48.8724	+0.0486
07.06 19:00	48.8238	+0.0513
07.06 18:00	48.7725	-0.1188
07.06 17:00	48.8913	+0.0974
07.06 16:00	48.7939	+0.1009
07.06 15:00	48.693	-0.0376
07.06 14:00	48.7306	+0.0287
07.06 13:00	48.7019	-0.032
07.06 12:00	48.7339	+0.0199
07.06 11:00	48.714	-0.0354
07.06 10:00	48.7494	+0.1225
07.06 09:00	48.6269	-0.0469
07.06 08:00	48.6738	-0.0575
07.06 07:00	48.7313	-0.0131
07.06 06:00	48.7444	+0.0013
07.06 05:00	48.7431	+0.0095
07.06 04:00	48.7336	+0.0137
07.06 03:00	48.7199	-0.0061
07.06 02:00	48.726	+0.021
07.06 01:00	48.705	-0.0001
07.06 00:00	48.7051	+0.016
06.06 23:00	48.6891	+0.0312
06.06 22:00	48.6579	-0.0418
06.06 21:00	48.6997	-0.0248
06.06 20:00	48.7245	+0.033
06.06 19:00	48.6915	+0.0234
06.06 18:00	48.6681	+0.0248
06.06 17:00	48.6433	+0.0572
06.06 16:00	48.5861	-0.0222
06.06 15:00	48.6083	-0.0097
06.06 14:00	48.618	-0.0089
06.06 13:00	48.6269	+0.0336
06.06 12:00	48.5933	-0.0068
06.06 11:00	48.6001	-0.074
06.06 10:00	48.6741	-0.0159
06.06 09:00	48.69	+0.0128
06.06 08:00	48.6772	-0.0105
06.06 07:00	48.6877	-0.0096
06.06 06:00	48.6973	+0.0213
06.06 05:00	48.676	+0.004
06.06 04:00	48.672	+0.0161
06.06 03:00	48.6559	-0.0127
06.06 02:00	48.6686	+0.0381
06.06 01:00	48.6305	-0.071
06.06 00:00	48.7015	+0.0244
05.06 23:00	48.6771	+0.0324
05.06 22:00	48.6447	+0.0218
05.06 21:00	48.6229	-0.0021
05.06 20:00	48.625	-0.1058
05.06 19:00	48.7308	+0.0711
05.06 18:00	48.6597	+0.0152
05.06 17:00	48.6445	+0.0259
05.06 16:00	48.6186	-0.0414
05.06 15:00	48.66	+0.0044
05.06 14:00	48.6556	+0.0036
05.06 13:00	48.652	+0.0174
05.06 12:00	48.6346	-0.0414
05.06 11:00	48.676	-0.041
05.06 10:00	48.717	+0.0161
05.06 09:00	48.7009	-0.0308
05.06 08:00	48.7317	+0.0041
05.06 07:00	48.7276	+0.0391
05.06 06:00	48.6885	+0.0298
05.06 05:00	48.6587	-0.0261
05.06 04:00	48.6848	+0.0253
05.06 03:00	48.6595	+0.0101
05.06 02:00	48.6494	-0.009
05.06 01:00	48.6584	+0.0148
05.06 00:00	48.6436	+0.0581
04.06 23:00	48.5855	+0.0114
04.06 22:00	48.5741	-0.0639
04.06 21:00	48.638	-0.0356
04.06 20:00	48.6736	+0.0638
04.06 19:00	48.6098	+0.054
04.06 18:00	48.5558	-0.0141
04.06 17:00	48.5699	-0.0015
04.06 16:00	48.5714	+0.0111
04.06 15:00	48.5603	-0.0256
04.06 14:00	48.5859	+0.0198
04.06 13:00	48.5661	+0.06
04.06 12:00	48.5061

* The graph shows the dynamics of exchange rate changes at 12:00 GMT over the last 30 days.

max: 48.9474

per month:

48.6683

Table of changes in the Canadian dollar exchange rate for the month: open

date	Well	+/-
10.06.2019	48.7386	-0.0409
09.06.2019	48.7795	+0.0639
08.06.2019	48.7156	-0.0569
07.06.2019	48.7725	+0.1043
06.06.2019	48.6682	+0.0085
05.06.2019	48.6597	+0.1038
04.06.2019	48.5559	+0.0853
03.06.2019	48.4706	-0.0481
02.06.2019	48.5187	-0.015
01.06.2019	48.5337	+0.3261
31.05.2019	48.2076	+0.0392
30.05.2019	48.1684	-0.1354
29.05.2019	48.3038	+0.2875
28.05.2019	48.0163	+0.0895
27.05.2019	47.9268	-0.0374
26.05.2019	47.9642	+0.0087
25.05.2019	47.9555	-0.012
24.05.2019	47.9675	-0.1293
23.05.2019	48.0968	+0.1272
22.05.2019	47.9696	-0.0899
21.05.2019	48.0595	+0.0624
20.05.2019	47.9971	-0.1441
19.05.2019	48.1412	+0.0087
18.05.2019	48.1325	+0.0497
17.05.2019	48.0828	+0.0643
16.05.2019	48.0185	+0.0279
15.05.2019	47.9906	-0.298
14.05.2019	48.2886	-0.3801
13.05.2019	48.6687	+0.1162
12.05.2019	48.5525	-0.0206
11.05.2019	48.5731

* The graph shows the dynamics of exchange rate changes at 12:00 GMT over the past 3 months.

max: 49.9976

for the quarter:

48.6683

Table of changes in the Canadian dollar exchange rate for the quarter: open

date	Well	+/-
10.06.2019	48.7386	-0.0409
09.06.2019	48.7795	+0.0639
08.06.2019	48.7156	-0.0569
07.06.2019	48.7725	+0.1043
06.06.2019	48.6682	+0.0085
05.06.2019	48.6597	+0.1038
04.06.2019	48.5559	+0.0853
03.06.2019	48.4706	-0.0481
02.06.2019	48.5187	-0.015
01.06.2019	48.5337	+0.3261
31.05.2019	48.2076	+0.0392
30.05.2019	48.1684	-0.1354
29.05.2019	48.3038	+0.2875
28.05.2019	48.0163	+0.0895
27.05.2019	47.9268	-0.0374
26.05.2019	47.9642	+0.0087
25.05.2019	47.9555	-0.012
24.05.2019	47.9675	-0.1293
23.05.2019	48.0968	+0.1272
22.05.2019	47.9696	-0.0899
21.05.2019	48.0595	+0.0624
20.05.2019	47.9971	-0.1441
19.05.2019	48.1412	+0.0087
18.05.2019	48.1325	+0.0497
17.05.2019	48.0828	+0.0643
16.05.2019	48.0185	+0.0279
15.05.2019	47.9906	-0.298
14.05.2019	48.2886	-0.3801
13.05.2019	48.6687	+0.1162
12.05.2019	48.5525	-0.0206
11.05.2019	48.5731	-0.1124
10.05.2019	48.6855	+0.1457
09.05.2019	48.5398	+0.1953
08.05.2019	48.3445	-0.0297
07.05.2019	48.3742	-0.1289
06.05.2019	48.5031	-0.0105
05.05.2019	48.5136	+0.0006
04.05.2019	48.513	-0.0074
03.05.2019	48.5204	-0.1158
02.05.2019	48.6362	+0.3769
01.05.2019	48.2593	+0.2429
30.04.2019	48.0164	+0.1075
29.04.2019	47.9089	-0.227
28.04.2019	48.1359	-0.0163
27.04.2019	48.1522	+0.0436
26.04.2019	48.1086	+0.1406
25.04.2019	47.968	+0.3293
24.04.2019	47.6387	+0.0473
23.04.2019	47.5914	-0.239
22.04.2019	47.8304	+0.0211
21.04.2019	47.8093	-0.0239
20.04.2019	47.8332	-0.0099
19.04.2019	47.8431	-0.0039
18.04.2019	47.847	-0.1071
17.04.2019	47.9541	-0.1469
16.04.2019	48.101	+0.0037
15.04.2019	48.0973	-0.1637
14.04.2019	48.261	-0.0013
13.04.2019	48.2623	-0.003
12.04.2019	48.2653	+0.069
11.04.2019	48.1963	-0.1462
10.04.2019	48.3425	-0.3464
09.04.2019	48.6889	-0.2076
08.04.2019	48.8965	+0.1202
07.04.2019	48.7763	+0.0658
06.04.2019	48.7105	-0.1107
05.04.2019	48.8212	-0.2216
04.04.2019	49.0428	+0.0708
03.04.2019	48.972	-0.1092
02.04.2019	49.0812	+0.0661
01.04.2019	49.0151	-0.9825
31.03.2019	49.9976	+0.7475
30.03.2019	49.2501	+0.2776
29.03.2019	48.9725	+0.4542
28.03.2019	48.5183	+0.1579
27.03.2019	48.3604	+0.3135
26.03.2019	48.0469	+0.259
25.03.2019	47.7879	-0.3696
24.03.2019	48.1575	-0.0201
23.03.2019	48.1776	-0.0874
22.03.2019	48.265	+0.5357
21.03.2019	47.7293	-0.4712
20.03.2019	48.2005	-0.4205
19.03.2019	48.621	+0.3182
18.03.2019	48.3028	-0.3051
17.03.2019	48.6079	+0.0016
16.03.2019	48.6063	-0.2224
15.03.2019	48.8287	-0.3007
14.03.2019	49.1294	-0.0008
13.03.2019	49.1302	+0.0106
12.03.2019	49.1196

Please note that the above exchange rate between the Canadian dollar and the ruble is not the bank's buying or selling rate. We present the average market rate, which is the average value between purchase and sale. When planning your trip to any country, you can roughly predict possible expenses and calculate the amount of money needed for the trip. But it is worth keeping in mind that the real exchange rate of the Canadian dollar at exchange offices in the country will differ slightly from the one given here, because the markup when buying or selling will be set by the specific bank or exchange office you contact.

History of the Canadian dollar, useful information for tourists

The monetary unit of Canada is the Canadian dollar. The international currency letter code is CAD and the abbreviation is $/C$. The currency is fractional and is divided into 100 cents, similar to other dollars, and was introduced in 1858. It is noteworthy that unofficially the Canadian dollar is also called piastre, and cents are called sous. Most often, French Canadians call the local currency this way, as if paying tribute to the traditional names of monetary units during the period of French colonization. The first paper bills in Canada began to be printed in 1813-1815. In 1935, the Bank of Canada appeared and took over the issue of money. Over the years, four series of paper banknotes of different denominations were put into circulation. Since 2011, the country began printing polymer banknotes. In the middle of the last century, in 1950, Canada abandoned the peg of its own currency to the US dollar. Until 1976, the Canadian dollar was more expensive than the similar US currency, but in 2003 it began to weaken. In 2007, the currencies became equal, which negatively impacted the solvency of Canadian consumers. Nevertheless, it is the Canadian dollar that is considered one of the most stable currencies, and it is in it that a number of countries prefer to store their gold and foreign exchange reserves. That same year, the Canadian dollar was ranked 7th among the most actively traded currencies on the market. Current Canadian dollar bills feature a portrait of Elizabeth II, Queen of Great Britain, as well as portraits of Canadian politicians and famous scientists.

The Canadian dollar (ISO 4217 code - CAD) is the official currency of the state of Canada. In the world currency variety it is designated $ or C$.

The Canadian dollar is one of the most widespread and expensive currencies in the world, this popularity is justified by the high degree of security and stability of the currency.

In Canada, the dollar is equal to 100 cents, which corresponds to the accepted decimal currency system.

It is worth noting that the Canadian dollar is in 6-7 place in the list of the most traded currencies on the world market, having high turnover rates, this makes the currency a significant player in the modern financial arena. It is inferior to the euro, US dollar, Japanese yen, British pound and Swiss franc. The Canadian dollar has an exchange rate that directly depends on the US currency exchange rate, fluctuations in the exchange rate of the Chinese yuan, the Japanese yen, prices for non-ferrous and ferrous metals, and oil.

Who calls whom and what?

Canadian English, like its American counterpart, uses the term "buck" for slang. The reason for this was the image of an arctic loon on the coin that replaced the bill in 1987. The word “loonie” is borrowed from the Canadian language and allows you to distinguish the Canadian dollar from other currencies. In 1996, with the advent of $2 coins, the derivative word “loonie” began to refer not only to these coins, but also to Canadian dollars as such.

The French language chose the name “dollar” for the name of Canada’s currency. Well known in Canadian French slang are the words "piaster" or "piasse", the original word used to translate the word "dollar" in the 18th century. The French pronunciation of the word "cent" is used less frequently, but it is also another informal term.

Canadian dollar: history of formation

Canada's monetary system was formed in a historically short period of time. Before the formation of Canada as a separate state, colonial monetary circulation existed on the territory, which involved the use of French, Spanish, and Portuguese silver coins; among all the variety, there was a huge number of inferior banknotes. In addition, paper surrogates were also widely used. Coins were supplied from metropolitan countries to ensure the payment of local colonial administrations and military salaries.

In France, the “dollar” has been minted specifically for Canada since 1670. However, at that time he was completely different from his modern follower. The silver coin, salt, did not have a large share in domestic circulation, and part of the trade operations were carried out through direct exchange of goods. For the Indians of Canada, the “dollar” took the form of a special belt made of shells - “wampum”. A number of trading firms used their own money surrogates - “bons” - to trade with the Indians as money.

On the territory of modern Canada, the dollar had Spanish roots and was called the real. This currency was issued for all Spanish colonies, including Canada. Surrogate dollars existed in the country until the end of colonial French rule. Complete depreciation of the currency occurred at the end of the 18th century. Britain's transition to gold monometallism in 1825 led to the pound sterling becoming Canada's official currency.

Introduction of the Canadian dollar

In 1841, the new province of Canada declared that the newly introduced Canadian dollar would be equal to the US gold equivalent. Silver Spanish coins were valued at 5 shillings and 1 penny, while the British sovereign was exchanged for 1 pound 4 shillings and 4 pennies. This accuracy was dictated by comparing the gold content of the two currencies.

Already in January 1858, the province announced that accounts would be kept exclusively in dollars and cents, in addition, a decree was issued to issue the first official Canadian coins. In Canada, the dollar was artificially supported by the gold content of $1 = 23.22 granules of gold. The colonies that united to form the Canadian Confederation successfully adopted the decimal system. Prince Edward Island, New Brunswick, British Columbia borrowed notes equal to the Canadian dollar.

Newfoundland and Nova Scotia did not borrow these currencies. Nova Scotia used its own currency until 1871, and Newfoundland issued new notes that were used until joining Confederation.

In April 1871, the Federal Parliament adopted the document on the Unification of Currency, thereby eliminating the confusion regarding the currencies of the provinces and replacing them with the regular Canadian dollar. The gold standard was temporarily abandoned during World War I and abolished in 1933. The exchange rate of the US dollar before the start of World War II was fixed at $1 = C$1.1. The values of the currencies were equalized in 1946. In Canada, the dollar rose after sterling depreciated in 1949, the rate regained its 1946 value.

Before the outbreak of World War II, Canada's currency consisted of commercial bank notes, with federal government notes accounting for a small portion. The centralization of banknote issuance occurred through the creation of the Bank of Canada in 1935 and its nationalization three years later. Gold coins were issued exclusively for tourists; since 1968, it was decided to replace silver coins with nickel coins.

Canadian currency series

The first paper money to be issued in Canada was dollars in the form of army bills. They were produced from 1813 to 1815. Since 1830, banknotes have been issued by banks. Some municipalities also issued their own banknotes.

Series of Canadian banknotes were issued:

The 1935 banknotes had the same size - 152.4x73.025 mm - and design. They were released in two languages - French and English. The obverse of the first Canadian dollar currency featured a portrait of a member of the royal family or the Prime Minister of Canada. The reverse contained a number of allegorical figures that symbolized the new Canada.
The 1937 dollars had the same size - 152.4x73.025 mm. The need to issue a new series was dictated by the fact that the British throne was occupied by a new king, George VI, whose portrait was placed on the obverse of the banknotes.
The third series of Canadian dollars, issued in 1954, was timed to coincide with the accession to the throne of Elizabeth II. The size of all banknotes has been slightly increased - 152.4x69.85 mm. The Queen's portrait was moved to the right side of the banknote, thereby preventing wear and tear when folding the banknote in half. For the first time, the coat of arms of Canada appeared on the banknote, and the designation of the Canadian landscape appeared on the reverse. The new banknotes were dubbed the “Devil’s Head” due to the fact that people with a rich imagination saw the face of a grinning monster in the drawing of the queen’s hair. For the same reason, in 1956, the banknotes underwent changes - the hair on the banknotes was darkened.
In 1967, the world first saw the 1C$ banknote.
In 1969-1979, the “Views of Canada” series was introduced, the banknotes of which had a size of 152.4x69.85 mm. For the first time in Canada, banknotes became multi-colored; the series was popularly nicknamed “multi-colored”. To increase national self-awareness, portraits of past Canadian prime ministers have once again appeared on the obverse.
Banknotes of the “Birds of Canada” series, released in 1986, had a size of 152.4x69.85 mm. The obverse featured portraits of Canadian prime ministers and the Queen of Great Britain, and the reverse featured images of Canadian birds.
Dollars from 2001-2004 are part of the Canadian Journey series and are dedicated to Canadian culture and history. The banknotes have a new design and an increased security system.
In 2012, the first polymer Canadian dollar with a denomination of $50 was issued. Polymer $5 was introduced by Canadian astronaut Christopher Hadfield from the orbiting International Space Station.

Polymer banknotes 2011-2013

The Bank of Canada introduced a new 100 Canadian dollar banknote into circulation on November 14, 2011, introducing a series of polymer banknotes. The reverse side of the new $100 bill was designed with an emphasis on medical innovation. The obverse still features the portrait of the Prime Minister of Canada, Sir Robert Borden.

In Canada, the resin dollar has a high degree of security, which is provided by two transparent windows, one in the form of a maple leaf, the other equipped with a holographic image. In March 2012, the series of polymer Canadian banknotes continued with the $50 bill. It depicts the Canadian Coast Guard icebreaker Amundsen, which reflected the country's role in Arctic exploration, as well as a portrait of Canadian Prime Minister William Lyon Mackenzie King.

Other banknotes in the series were released at the end of 2013 and became easily recognizable due to the image of Canada's National Vimy Memorial and the portrait of Queen Elizabeth II. 10 dollars was dedicated to railway transport and included a portrait of the first prime minister, Sir John A. Macdonald.

In Canada, the bank dedicated the $5 polymer dollar to space exploration and depicted the Canadarm2 and Dextre equipment installed on the International Space Station.

Coinage histories of Canada

Canada's first dollar coin appeared in 1858 and consisted of bronze, had a diameter of 25.4 mm and a weight of 4.54 grams. That same year, silver coins were issued in denominations of 5, 10 and 20 cents. Coins were minted by the Royal London Mint as part of the introduction of the decimal coin system. All coins were of the same size and general composition as the corresponding American coins. With the exception of the obverse side of Canadian coins, which featured the image of Canada's reigning monarch. In 1870, silver coins in denominations of 25 and 50 cents appeared in circulation. In Canada, $5 and $10 gold coins were first issued in 1912.

The appearance of new monetary units was timed to coincide with the 25th anniversary of the reign of George V. In 1935, 1 Canadian dollar was equal to 20 grams. pure silver. These were the first silver coins issued by the Royal Mint. Designer Emanuel Khan worked on the reverse of the coin and depicted indigenous Indians against the backdrop of the northern lights. This project was used until 1986. It is worth noting the coin issued in 1967. That was the last time Canada issued $1 using silver.

On June 30, 1987, the dollar (“Loonie”), which has a gold-plated bronze coating, was introduced into Canada. The reverse side of the coin features the Arctic loon, a famous Canadian bird, and the obverse side features a portrait of Queen Elizabeth II. 1 CAD coin has a weight of 7 g, a diameter of 5.26 mm, and a thickness of 1.75 mm. In recent years, this Canadian dollar has been dubbed the "Lucky Loonie" due to Canada's victories in the Winter Olympics and hockey.

The Canadian dollar and coins have their own name, so in relation to 1 cent you can hear “penny”, 5 cents - “nickel”, 25 cents - “quarter”, $1 - “loonie”, $2 is referred to as “twonie”.