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Canadian Dollar (CAD) Exchange Rates on 26th January 2025 (26/01/2025)

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Exchange rates for Canadian Dollar (CAD)

Updated: 2025-01-26
Convert from Convert to 1 CAD Conversion in currency Conversion
CAD CAD GBP GBP 0.5529 CAD to GBP 1.8087 GBP to CAD
CAD CAD BGN BGN 1.2873 CAD to BGN 0.7768 BGN to CAD
CAD CAD HRK HRK 5.0936 CAD to HRK 0.1963 HRK to CAD
CAD CAD CZK CZK 16.5031 CAD to CZK 0.0606 CZK to CAD
CAD CAD DKK DKK 4.9082 CAD to DKK 0.2037 DKK to CAD
CAD CAD EEK EEK 0 CAD to EEK 0 EEK to CAD
CAD CAD HUF HUF 268.3567 CAD to HUF 0.0037 HUF to CAD
CAD CAD KZT KZT 356.8291 CAD to KZT 0.0028 KZT to CAD
CAD CAD LVL LVL 0.4175 CAD to LVL 2.3951 LVL to CAD
CAD CAD LTL LTL 0 CAD to LTL 0 LTL to CAD
CAD CAD MKD MKD 40.4299 CAD to MKD 0.0247 MKD to CAD
CAD CAD MDL MDL 12.8146 CAD to MDL 0.078 MDL to CAD
CAD CAD NOK NOK 7.727 CAD to NOK 0.1294 NOK to CAD
CAD CAD PLN PLN 2.7711 CAD to PLN 0.3609 PLN to CAD
CAD CAD RON RON 3.2721 CAD to RON 0.3056 RON to CAD
CAD CAD RUB RUB 67.5091 CAD to RUB 0.0148 RUB to CAD
CAD CAD SKK SKK 0 CAD to SKK 0 SKK to CAD
CAD CAD SEK SEK 7.5404 CAD to SEK 0.1326 SEK to CAD
CAD CAD CHF CHF 0.625 CAD to CHF 1.5999 CHF to CAD
CAD CAD TRY TRY 24.5941 CAD to TRY 0.0407 TRY to CAD
CAD CAD UAH UAH 28.8762 CAD to UAH 0.0346 UAH to CAD
Updated: 2025-01-26
Convert from Convert to 1 CAD Conversion in currency Conversion
CAD CAD ARS ARS 721.3349 CAD to ARS 0.0014 ARS to CAD
CAD CAD BOB BOB 4.7608 CAD to BOB 0.21 BOB to CAD
CAD CAD BRL BRL 4.0815 CAD to BRL 0.245 BRL to CAD
CAD CAD CAD CAD 1 CAD to CAD 1 CAD to CAD
CAD CAD KYD KYD 0.5742 CAD to KYD 1.7416 KYD to CAD
CAD CAD CLP CLP 676.3919 CAD to CLP 0.0015 CLP to CAD
CAD CAD COP COP 2914.621 CAD to COP 0.0003 COP to CAD
CAD CAD CRC CRC 347.6306 CAD to CRC 0.0029 CRC to CAD
CAD CAD DOP DOP 42.4305 CAD to DOP 0.0236 DOP to CAD
CAD CAD SVC SVC 6.0282 CAD to SVC 0.1659 SVC to CAD
CAD CAD FJD FJD 1.5908 CAD to FJD 0.6286 FJD to CAD
CAD CAD HNL HNL 17.5432 CAD to HNL 0.057 HNL to CAD
CAD CAD JMD JMD 108.3827 CAD to JMD 0.0092 JMD to CAD
CAD CAD MXN MXN 13.9944 CAD to MXN 0.0715 MXN to CAD
CAD CAD ANG ANG 1.2416 CAD to ANG 0.8054 ANG to CAD
CAD CAD PYG PYG 5451.3191 CAD to PYG 0.0002 PYG to CAD
CAD CAD PEN PEN 2.5586 CAD to PEN 0.3908 PEN to CAD
CAD CAD TTD TTD 4.6852 CAD to TTD 0.2134 TTD to CAD
CAD CAD USD USD 0.6902 CAD to USD 1.4488 USD to CAD
CAD CAD UYU UYU 29.9537 CAD to UYU 0.0334 UYU to CAD
CAD CAD VEF VEF 2473721.0632 CAD to VEF 0 VEF to CAD
Updated: 2025-01-26
Convert from Convert to 1 CAD Conversion in currency Conversion
CAD CAD AUD AUD 1.093 CAD to AUD 0.9149 AUD to CAD
CAD CAD BDT BDT 84.0202 CAD to BDT 0.0119 BDT to CAD
CAD CAD BND BND 0.9288 CAD to BND 1.0766 BND to CAD
CAD CAD CNY CNY 5.0001 CAD to CNY 0.2 CNY to CAD
CAD CAD INR INR 59.5055 CAD to INR 0.0168 INR to CAD
CAD CAD IDR IDR 11161.3947 CAD to IDR 0.0001 IDR to CAD
CAD CAD JPY JPY 107.6755 CAD to JPY 0.0093 JPY to CAD
CAD CAD MYR MYR 3.0215 CAD to MYR 0.331 MYR to CAD
CAD CAD MVR MVR 10.6368 CAD to MVR 0.094 MVR to CAD
CAD CAD NPR NPR 95.0319 CAD to NPR 0.0105 NPR to CAD
CAD CAD NZD NZD 1.2085 CAD to NZD 0.8275 NZD to CAD
CAD CAD PKR PKR 192.0115 CAD to PKR 0.0052 PKR to CAD
CAD CAD PGK PGK 2.7654 CAD to PGK 0.3616 PGK to CAD
CAD CAD PHP PHP 40.2065 CAD to PHP 0.0249 PHP to CAD
CAD CAD SCR SCR 9.8882 CAD to SCR 0.1011 SCR to CAD
CAD CAD SGD SGD 0.9291 CAD to SGD 1.0763 SGD to CAD
CAD CAD KRW KRW 986.7136 CAD to KRW 0.001 KRW to CAD
CAD CAD LKR LKR 205.484 CAD to LKR 0.0049 LKR to CAD
CAD CAD TWD TWD 22.604 CAD to TWD 0.0442 TWD to CAD
CAD CAD THB THB 23.1843 CAD to THB 0.0431 THB to CAD
Updated: 2025-01-26
Convert from Convert to 1 CAD Conversion in currency Conversion
CAD CAD BHD BHD 0.2599 CAD to BHD 3.8474 BHD to CAD
CAD CAD EGP EGP 34.6803 CAD to EGP 0.0288 EGP to CAD
CAD CAD HKD HKD 5.3753 CAD to HKD 0.186 HKD to CAD
CAD CAD ILS ILS 2.4667 CAD to ILS 0.4054 ILS to CAD
CAD CAD JOD JOD 0.4897 CAD to JOD 2.042 JOD to CAD
CAD CAD KWD KWD 0.2126 CAD to KWD 4.7028 KWD to CAD
CAD CAD LBP LBP 61695.796 CAD to LBP 0 LBP to CAD
CAD CAD OMR OMR 0.2655 CAD to OMR 3.767 OMR to CAD
CAD CAD QAR QAR 2.5118 CAD to QAR 0.3981 QAR to CAD
CAD CAD SAR SAR 2.589 CAD to SAR 0.3863 SAR to CAD
CAD CAD AED AED 2.5353 CAD to AED 0.3944 AED to CAD
CAD CAD YER YER 171.9025 CAD to YER 0.0058 YER to CAD
Updated: 2025-01-26
Convert from Convert to 1 CAD Conversion in currency Conversion
CAD CAD DZD DZD 92.6401 CAD to DZD 0.0108 DZD to CAD
CAD CAD KES KES 89.1185 CAD to KES 0.0112 KES to CAD
CAD CAD MUR MUR 31.9927 CAD to MUR 0.0313 MUR to CAD
CAD CAD MAD MAD 6.8801 CAD to MAD 0.1453 MAD to CAD
CAD CAD NAD NAD 12.6538 CAD to NAD 0.079 NAD to CAD
CAD CAD NIO NIO 25.3545 CAD to NIO 0.0394 NIO to CAD
CAD CAD NGN NGN 1075.3839 CAD to NGN 0.0009 NGN to CAD
CAD CAD SLL SLL 14473.9218 CAD to SLL 0.0001 SLL to CAD
CAD CAD ZAR ZAR 12.706 CAD to ZAR 0.0787 ZAR to CAD
CAD CAD TZS TZS 1754.7767 CAD to TZS 0.0006 TZS to CAD
CAD CAD TND TND 2.1927 CAD to TND 0.4561 TND to CAD
CAD CAD UGX UGX 2541.3624 CAD to UGX 0.0004 UGX to CAD
CAD CAD XOF XOF 430.9782 CAD to XOF 0.0023 XOF to CAD
CAD CAD ZMK ZMK 6212.957 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
http://www.bankofcanada.ca
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

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