» Welcome to Currency Converter Calculator      

Canadian Dollar (CAD) Exchange Rates on 01st April 2020 (01/04/2020)

Enter the amount you want to convert, select the second currency and hit 'Enter' or click outside the area.

Exchange rates for Canadian Dollar (CAD)

Updated: 2020-04-01
Convert from Convert to 1 CAD Conversion in currency Conversion
CAD GBP 0.5708 CAD to GBP 1.7519 GBP to CAD
CAD BGN 1.2515 CAD to BGN 0.7991 BGN to CAD
CAD HRK 4.8938 CAD to HRK 0.2043 HRK to CAD
CAD CZK 17.5924 CAD to CZK 0.0568 CZK to CAD
CAD DKK 4.7908 CAD to DKK 0.2087 DKK to CAD
CAD HUF 232.23 CAD to HUF 0.0043 HUF to CAD
CAD KZT 313.9996 CAD to KZT 0.0032 KZT to CAD
CAD LVL 0.4266 CAD to LVL 2.3442 LVL to CAD
CAD MKD 39.5545 CAD to MKD 0.0253 MKD to CAD
CAD MDL 12.8085 CAD to MDL 0.0781 MDL to CAD
CAD NOK 7.3862 CAD to NOK 0.1354 NOK to CAD
CAD PLN 2.9347 CAD to PLN 0.3407 PLN to CAD
CAD RON 3.1032 CAD to RON 0.3223 RON to CAD
CAD RUB 55.7527 CAD to RUB 0.0179 RUB to CAD
CAD SEK 7.0529 CAD to SEK 0.1418 SEK to CAD
CAD CHF 0.6793 CAD to CHF 1.472 CHF to CAD
CAD TRY 4.6756 CAD to TRY 0.2139 TRY to CAD
CAD UAH 19.4194 CAD to UAH 0.0515 UAH to CAD
Updated: 2020-04-01
Convert from Convert to 1 CAD Conversion in currency Conversion
CAD ARS 45.3647 CAD to ARS 0.022 ARS to CAD
CAD BOB 4.8259 CAD to BOB 0.2072 BOB to CAD
CAD BRL 3.6709 CAD to BRL 0.2724 BRL to CAD
CAD KYD 0.5833 CAD to KYD 1.7145 KYD to CAD
CAD CLP 605.304 CAD to CLP 0.0017 CLP to CAD
CAD COP 2862.5531 CAD to COP 0.0003 COP to CAD
CAD CRC 407.0083 CAD to CRC 0.0025 CRC to CAD
CAD DOP 37.7045 CAD to DOP 0.0265 DOP to CAD
CAD SVC 6.124 CAD to SVC 0.1633 SVC to CAD
CAD FJD 1.6131 CAD to FJD 0.6199 FJD to CAD
CAD HNL 17.3188 CAD to HNL 0.0577 HNL to CAD
CAD JMD 94.7197 CAD to JMD 0.0106 JMD to CAD
CAD MXN 16.9205 CAD to MXN 0.0591 MXN to CAD
CAD ANG 1.2529 CAD to ANG 0.7982 ANG to CAD
CAD PYG 4605.8631 CAD to PYG 0.0002 PYG to CAD
CAD PEN 2.4049 CAD to PEN 0.4158 PEN to CAD
CAD TTD 4.7291 CAD to TTD 0.2115 TTD to CAD
CAD USD 0.7052 CAD to USD 1.418 USD to CAD
CAD UYU 30.7051 CAD to UYU 0.0326 UYU to CAD
CAD VEF 7.0435 CAD to VEF 0.142 VEF to CAD
Updated: 2020-04-01
Convert from Convert to 1 CAD Conversion in currency Conversion
CAD AUD 1.1607 CAD to AUD 0.8616 AUD to CAD
CAD BDT 59.4548 CAD to BDT 0.0168 BDT to CAD
CAD BND 0.9979 CAD to BND 1.0021 BND to CAD
CAD CNY 5.0064 CAD to CNY 0.1997 CNY to CAD
CAD INR 53.5521 CAD to INR 0.0187 INR to CAD
CAD IDR 11744.9948 CAD to IDR 0.0001 IDR to CAD
CAD JPY 75.8478 CAD to JPY 0.0132 JPY to CAD
CAD MYR 3.0696 CAD to MYR 0.3258 MYR to CAD
CAD MVR 10.8612 CAD to MVR 0.0921 MVR to CAD
CAD NPR 84.4331 CAD to NPR 0.0118 NPR to CAD
CAD NZD 1.1924 CAD to NZD 0.8387 NZD to CAD
CAD PKR 116.2222 CAD to PKR 0.0086 PKR to CAD
CAD PGK 2.4287 CAD to PGK 0.4117 PGK to CAD
CAD PHP 35.8757 CAD to PHP 0.0279 PHP to CAD
CAD SCR 9.704 CAD to SCR 0.1031 SCR to CAD
CAD SGD 1.0099 CAD to SGD 0.9902 SGD to CAD
CAD KRW 867.7305 CAD to KRW 0.0012 KRW to CAD
CAD LKR 132.4588 CAD to LKR 0.0075 LKR to CAD
CAD TWD 21.368 CAD to TWD 0.0468 TWD to CAD
CAD THB 23.2726 CAD to THB 0.043 THB to CAD
Updated: 2020-04-01
Convert from Convert to 1 CAD Conversion in currency Conversion
CAD BHD 0.2659 CAD to BHD 3.7607 BHD to CAD
CAD EGP 11.107 CAD to EGP 0.09 EGP to CAD
CAD HKD 5.4665 CAD to HKD 0.1829 HKD to CAD
CAD ILS 2.5087 CAD to ILS 0.3986 ILS to CAD
CAD KWD 0.2207 CAD to KWD 4.5309 KWD to CAD
CAD LBP 1058.2778 CAD to LBP 0.0009 LBP to CAD
CAD OMR 0.2712 CAD to OMR 3.6878 OMR to CAD
CAD QAR 2.5674 CAD to QAR 0.3895 QAR to CAD
CAD SAR 2.6552 CAD to SAR 0.3766 SAR to CAD
CAD AED 2.5903 CAD to AED 0.3861 AED to CAD
CAD YER 176.5562 CAD to YER 0.0057 YER to CAD
Updated: 2020-04-01
Convert from Convert to 1 CAD Conversion in currency Conversion
CAD DZD 88.0288 CAD to DZD 0.0114 DZD to CAD
CAD KES 74.1561 CAD to KES 0.0135 KES to CAD
CAD MUR 27.6473 CAD to MUR 0.0362 MUR to CAD
CAD MAD 7.0991 CAD to MAD 0.1409 MAD to CAD
CAD NAD 12.5518 CAD to NAD 0.0797 NAD to CAD
CAD NIO 23.6126 CAD to NIO 0.0424 NIO to CAD
CAD NGN 258.8219 CAD to NGN 0.0039 NGN to CAD
CAD SLL 6858.4162 CAD to SLL 0.0001 SLL to CAD
CAD ZAR 12.7399 CAD to ZAR 0.0785 ZAR to CAD
CAD TZS 1629.5931 CAD to TZS 0.0006 TZS to CAD
CAD TND 2.0191 CAD to TND 0.4953 TND to CAD
CAD UGX 2652.7185 CAD to UGX 0.0004 UGX to CAD
CAD XOF 419.3263 CAD to XOF 0.0024 XOF to CAD
CAD ZMK 6347.9821 CAD to ZMK 0.0002 ZMK to CAD

Canadian dollar (CAD)

Sign $ or C$
1 Canadian Dollar is subdivided into 100 cents.

CAD is the currency code for the Canadian dollar (CAD) which is represented in accounting with the $ symbol or C$ when necessary contextually to delineate it from other currencies denominated in dollars. The Bank of Canada is responsible for governance and implementation of Canadian monetary policy, issuance of Canadian notes, coin, and currency as well as having a general mandate of promoting the economic and financial well being of Canada. This is in comparison to the Central Bank mandates of other nation states which are more specific toward price stability or economic growth and employment. The Bank of Canada is wholly owned and operated by the Government of Canada.

Coins used:
- frequently used: 1¢, 5¢, 10¢, 25¢
- rarely used: 50¢, $1

Banknotes used:
- frequently used: $5, $10, $20, $50
- rarely used: $100

Central Bank
Bank of Canada
The CAD is the sixth most traded currency within currency markets and it is oftentimes linked to its dominant southern neighbor in currency pairs. The CAD is also the worlds sixth largest reserve currency when being measured by value. Countries that have central banks that hold and use the CAD as a reserve currency include the Dutch, French, and British foreign territories in the Caribbean as well as many of the central banks in South and central America. This regional use of the Canadian dollar over the United States dollar is for both political and economic reasons. In some instances, due to internal politics the leadership of many countries do not wish to be seen as having ties to the United States and in others it is for economic reasons where economically their central banks feel it is prudent to spread their holdings of reserve currencies into CAD to mitigate debt exposure risks inherent in the United States dollar (USD).

The Bank of Canada has also openly stated that they have not and do not intend in any way to interfere with the CAD as it trades in foreign currency markets. While they have an interest in promoting the financial well being of Canada, as is their mandate, in defining this mandate they have not shown the interest in proactively affecting the CAD prices relative to other currencies. This is in juxtaposition to many other central banks that have an established policy, whether published or anecdotal, of pushing their currencies up or down on the world markets in order to suit an economic or political purpose.

It is worthy of note that they CAD was unique amongst many major world currencies from 1950-1962 in that it was not tied to the Bretton Woods system and as a result was a floating currency, not a fiat currency as is the USD, because it was always been pegged, anchored, or tied in one way or another to the USD until the 1970's, but a floating currency that was allowed to fluctuate on the open markets. Since the USD abandoned the gold standard and Bretton Woods it has floated against worldwide currencies freely, independent of the floating fiat currency, the USD. The value of the CAD on open markets has fluctuated more than would be expected for a major currency. It traded as low as $0.6179 against the USD in 2002, rose steadily with a large jump of 23% in 2007. This, as a result of the rise in commodity prices, namely oil of which Canada is a net exporter, the impact of the worldwide credit crises, and the devaluation of the USD through decreasing United States interest rates.

Therefore the value of the CAD is substantially affected by events and interest rates not only in Canada itself, but also by its dominant neighbor the United States. This is not only due to the USD dominance on the world scene but also because 84.2% of Canada's export trade is with the United states and 56.7% of items imported to Canada come from the Untied States. With this heavy concentration of trade with the United States, as a dominant trading partner, economic events within that the United States have a direct impact on the economy and currency of Canada. This combined with the worldwide price of oil are the two external factors with the largest impact on the CAD. Internal politics, interest rates, fiscal policy, monetary policy, and they nations economy being the largest internal factors.

The CAD as legal tender is broken into 1/100ths with the smallest denomination being one cent. An interesting fact of note with regard to its use as legal tender is that there is an actual legally defined limit as to how much a person is legally required to accept in payment with coins, as opposed to payment with bills. For example, when paying a debt greater than $40 a person is not required to accept payment if the payor is using any combination of $2-$10 coins. Other limits for maximum required acceptance as legal tender are as follows: maximum of $25 with $1 coins, maximum $10 with $0.10 - less than $1 coins, $5 with $0.05 coins, and $0.25 with $0.01 coins. While most countries leave issues of acceptance of coin to pay bills or debts up to each creditor, the Canadian legal code specifically outlines these rules making it a unique feature of the CAD as legal tender.

The history of the CAD has deep routes in its country's ties to England and the British Pound. At one time the CAD was actually called the Canadian Pound. After nearly a century of consistent changes to how the Canadian Pound was benchmarked in value the Uniform Currency Act was passed in 1871 which finalized the issue with the decision that still holds to this day, to switch from the Canadian Pound to the CAD thus binding the CAD forever to the USD. The exact ratio and ways in which it has been bound has changed over the decades, but one way or another the CAD has since 1871 been much more closely ties to the USD than any other worldwide currency. This combined with the Canadian dependence on trade with the United States makes the CAD inextricably tied to the USD with the primary mitigating factor being Canada's ability to export oil, which in the late years of the first decade of the 21st century has been increasingly important in supporting the value of the CAD in spite of the significant drop in the USD.

Other References
Wikipedia article on Canadian Dollar

Have more info on the Canadian Dollar? Please contact us