Canadian Dollar · CAD

$ symbol · 1 country currently using this currency.

Currency info

Adopted: 1935

Currency family: Dollar

The Canadian dollar is often called the 'loonie' due to the loon bird featured on the one-dollar coin introduced in 1987.

Officially adopted in 1935, replacing the Canadian pound which had been used since Confederation in 1867
The Bank of Canada was established in 1934 and began issuing banknotes in 1935
Decimalized currency system with 100 cents per dollar, following the pattern of other North American currencies
The Canadian dollar floated freely from 1970 onwards, allowing its value to fluctuate based on market conditions
Polymer banknotes were introduced starting in 2011, making Canadian currency more durable and secure

Canadian pound