» Welcome to Currency Converter Calculator

Canadian Dollar (CAD) Exchange Rates on 03rd February 2023 (03/02/2023)

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: 2023-02-03
Convert from	Convert to	1 CAD	Conversion	in currency	Conversion
CAD	GBP	0.6079	CAD to GBP	1.6451	GBP to CAD
CAD	BGN	1.352	CAD to BGN	0.7396	BGN to CAD
CAD	HRK	5.304	CAD to HRK	0.1885	HRK to CAD
CAD	CZK	16.2518	CAD to CZK	0.0615	CZK to CAD
CAD	DKK	5.0838	CAD to DKK	0.1967	DKK to CAD
CAD	EEK	0	CAD to EEK	0	EEK to CAD
CAD	HUF	266.1393	CAD to HUF	0.0038	HUF to CAD
CAD	KZT	343.0681	CAD to KZT	0.0029	KZT to CAD
CAD	LVL	0.4556	CAD to LVL	2.195	LVL to CAD
CAD	LTL	0	CAD to LTL	0	LTL to CAD
CAD	MKD	42.1364	CAD to MKD	0.0237	MKD to CAD
CAD	MDL	14.0234	CAD to MDL	0.0713	MDL to CAD
CAD	NOK	7.4413	CAD to NOK	0.1344	NOK to CAD
CAD	PLN	3.2148	CAD to PLN	0.3111	PLN to CAD
CAD	RON	3.355	CAD to RON	0.2981	RON to CAD
CAD	RUB	52.8083	CAD to RUB	0.0189	RUB to CAD
CAD	SKK	0	CAD to SKK	0	SKK to CAD
CAD	SEK	7.7553	CAD to SEK	0.1289	SEK to CAD
CAD	CHF	0.6831	CAD to CHF	1.4638	CHF to CAD
CAD	TRY	14.1738	CAD to TRY	0.0706	TRY to CAD
CAD	UAH	27.5135	CAD to UAH	0.0363	UAH to CAD

					Updated: 2023-02-03
Convert from	Convert to	1 CAD	Conversion	in currency	Conversion
CAD	ARS	141.0394	CAD to ARS	0.0071	ARS to CAD
CAD	BOB	5.204	CAD to BOB	0.1922	BOB to CAD
CAD	BRL	3.8077	CAD to BRL	0.2626	BRL to CAD
CAD	CAD	1	CAD to CAD	1	CAD to CAD
CAD	KYD	0.6208	CAD to KYD	1.6108	KYD to CAD
CAD	CLP	592.4055	CAD to CLP	0.0017	CLP to CAD
CAD	COP	3482.7998	CAD to COP	0.0003	COP to CAD
CAD	CRC	410.8685	CAD to CRC	0.0024	CRC to CAD
CAD	DOP	42.2461	CAD to DOP	0.0237	DOP to CAD
CAD	SVC	6.5179	CAD to SVC	0.1534	SVC to CAD
CAD	FJD	1.6317	CAD to FJD	0.6129	FJD to CAD
CAD	HNL	18.369	CAD to HNL	0.0544	HNL to CAD
CAD	JMD	114.1695	CAD to JMD	0.0088	JMD to CAD
CAD	MXN	13.9892	CAD to MXN	0.0715	MXN to CAD
CAD	ANG	1.3426	CAD to ANG	0.7448	ANG to CAD
CAD	PYG	5472.2172	CAD to PYG	0.0002	PYG to CAD
CAD	PEN	2.8641	CAD to PEN	0.3492	PEN to CAD
CAD	TTD	5.0553	CAD to TTD	0.1978	TTD to CAD
CAD	USD	0.7532	CAD to USD	1.3277	USD to CAD
CAD	UYU	28.8764	CAD to UYU	0.0346	UYU to CAD
CAD	VEF	1683037.9264	CAD to VEF	0	VEF to CAD

					Updated: 2023-02-03
Convert from	Convert to	1 CAD	Conversion	in currency	Conversion
CAD	AUD	1.0538	CAD to AUD	0.949	AUD to CAD
CAD	BDT	79.0191	CAD to BDT	0.0127	BDT to CAD
CAD	BND	0.9779	CAD to BND	1.0226	BND to CAD
CAD	CNY	5.0547	CAD to CNY	0.1978	CNY to CAD
CAD	INR	61.5937	CAD to INR	0.0162	INR to CAD
CAD	IDR	11191.742	CAD to IDR	0.0001	IDR to CAD
CAD	JPY	96.7399	CAD to JPY	0.0103	JPY to CAD
CAD	MYR	3.1931	CAD to MYR	0.3132	MYR to CAD
CAD	MVR	11.5687	CAD to MVR	0.0864	MVR to CAD
CAD	NPR	97.7091	CAD to NPR	0.0102	NPR to CAD
CAD	NZD	1.1525	CAD to NZD	0.8677	NZD to CAD
CAD	PKR	200.2065	CAD to PKR	0.005	PKR to CAD
CAD	PGK	2.6255	CAD to PGK	0.3809	PGK to CAD
CAD	PHP	40.5826	CAD to PHP	0.0246	PHP to CAD
CAD	SCR	10.0629	CAD to SCR	0.0994	SCR to CAD
CAD	SGD	0.9821	CAD to SGD	1.0182	SGD to CAD
CAD	KRW	917.7154	CAD to KRW	0.0011	KRW to CAD
CAD	LKR	272.6335	CAD to LKR	0.0037	LKR to CAD
CAD	TWD	22.3348	CAD to TWD	0.0448	TWD to CAD
CAD	THB	24.6475	CAD to THB	0.0406	THB to CAD

					Updated: 2023-02-03
Convert from	Convert to	1 CAD	Conversion	in currency	Conversion
CAD	BHD	0.2839	CAD to BHD	3.522	BHD to CAD
CAD	EGP	22.7503	CAD to EGP	0.044	EGP to CAD
CAD	HKD	5.906	CAD to HKD	0.1693	HKD to CAD
CAD	ILS	2.5998	CAD to ILS	0.3846	ILS to CAD
CAD	JOD	0.5343	CAD to JOD	1.8716	JOD to CAD
CAD	KWD	0.2295	CAD to KWD	4.3574	KWD to CAD
CAD	LBP	11297.5507	CAD to LBP	0.0001	LBP to CAD
CAD	OMR	0.29	CAD to OMR	3.4488	OMR to CAD
CAD	QAR	2.7425	CAD to QAR	0.3646	QAR to CAD
CAD	SAR	2.8264	CAD to SAR	0.3538	SAR to CAD
CAD	AED	2.7665	CAD to AED	0.3615	AED to CAD
CAD	YER	188.5939	CAD to YER	0.0053	YER to CAD

					Updated: 2023-02-03
Convert from	Convert to	1 CAD	Conversion	in currency	Conversion
CAD	DZD	102.0465	CAD to DZD	0.0098	DZD to CAD
CAD	KES	93.8444	CAD to KES	0.0107	KES to CAD
CAD	MUR	33.7798	CAD to MUR	0.0296	MUR to CAD
CAD	MAD	7.5792	CAD to MAD	0.1319	MAD to CAD
CAD	NAD	12.9394	CAD to NAD	0.0773	NAD to CAD
CAD	NIO	27.221	CAD to NIO	0.0367	NIO to CAD
CAD	NGN	346.8491	CAD to NGN	0.0029	NGN to CAD
CAD	SLL	14667.929	CAD to SLL	0.0001	SLL to CAD
CAD	ZAR	12.8289	CAD to ZAR	0.0779	ZAR to CAD
CAD	TZS	1760.1603	CAD to TZS	0.0006	TZS to CAD
CAD	TND	2.281	CAD to TND	0.4384	TND to CAD
CAD	UGX	2744.9792	CAD to UGX	0.0004	UGX to CAD
CAD	XOF	448.6186	CAD to XOF	0.0022	XOF to CAD
CAD	ZMK	6779.4151	CAD to ZMK	0.0001	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

Have more info on the Canadian Dollar? Please contact us