Canadian currency is called Canadian Dollar (CAD). Similar to the United States Dollar the Canadian Dollar symbol is expressed as $.
The smallest unit in Canadian currency is called a Cent, with one hundred Cents being equal to one Dollar. Dollar notes are available in the following denominations, 5 Dollars (blue note), 10 Dollars (purple note), 20 Dollars (green note), 50 Dollars (red note) and 100 Dollars (brown note). The coins used in Canada are 1 cent coin, 5 cent coin, 10 cent coin, 25 cent coin, 1 Dollar coin and 2 Dollar coin. The 1 dollar coin is often referred to as the loonie and the 2 dollar coin the toonie.
You can order Canadian currency online and have it delivered to your home or alternatively you can visit your local bank or travel agent. Typically online providers offer a more competitive rate than the high street. Visit our Comparison table to see what rates are being offered by the UK’s leading currency providers.
You will find that many hotels and restaurants accept US Dollars though the exchange rate will not be in your favour. Throughout Canada there are many ATM’s to withdrawal money but again beware of service fees. If you run out of local currency it is advisable to convert your pounds or US Dollars into Canadian Dollars at a Canadian bank or at one of the larger hotels in a big city to ensure you get a competitive rate. Rates offered in airports, train stations and tourist hot spots are likely to be worse.
