What Currency Does Canada Use?
Facts last checked 9 October 2026.
Exchange rate (approximate):
1 USD ≈ 1.4151 CAD
1 GBP ≈ 1.897 CAD
Rates are indicative (July 2026) and change daily. Always check live rates before travelling. Rates by Exchange Rate API.
CAD converter
100 CAD ≈ 70.67 USD
Canadian dollar conversion table
| Amount | USD → CAD | GBP → CAD | EUR → CAD |
|---|---|---|---|
| 1 | 1.4151 | 1.897 | 1.6163 |
| 5 | 7.0755 | 9.485 | 8.0817 |
| 10 | 14.15 | 18.97 | 16.16 |
| 20 | 28.30 | 37.94 | 32.33 |
| 50 | 70.75 | 94.85 | 80.82 |
| 100 | 141.51 | 189.70 | 161.63 |
| 500 | 707.55 | 948.50 | 808.17 |
| 1,000 | 1,415 | 1,897 | 1,616 |
| CAD | → USD | → GBP | → EUR |
|---|---|---|---|
| 1 | 0.7067 | 0.5271 | 0.6187 |
| 5 | 3.5333 | 2.6357 | 3.0934 |
| 10 | 7.0666 | 5.2715 | 6.1868 |
| 20 | 14.13 | 10.54 | 12.37 |
| 50 | 35.33 | 26.36 | 30.93 |
| 100 | 70.67 | 52.71 | 61.87 |
| 500 | 353.33 | 263.57 | 309.34 |
| 1,000 | 706.66 | 527.15 | 618.68 |
Indicative rates (July 2026). Banks and card providers add their own margin and fees, so the amount you actually receive will differ slightly.
Against the US dollar, 1 CAD is worth about 0.7067 USD. Of the 141 currencies covered on this site, the Canadian dollar ranks 12th by value per unit (1st = the most US dollars per unit). A high or low number says nothing about economic strength — it simply reflects how the currency is denominated.
Travel Money Card
Travelling to Canada? Avoid poor airport exchange rates — a prepaid travel money card or multi-currency card usually gets you a far better deal on Canadian dollar spending.
What is money called in Canada?
Money in Canada is called the Canadian dollar — its ISO 4217 currency code is CAD, and its symbol is $. The Canadian dollar is the official legal tender in Canada and is used for all everyday transactions — from paying for goods and services to converting money at banks and exchange bureaus. When travelling, you may also see it referred to as the Canada currency or simply money in Canada. The Canadian dollar is subdivided into 100 cents, though small-denomination coins may not always be in everyday circulation.
Is the Canadian dollar used anywhere else?
No — Canada is the only country on this site using the Canadian dollar as its official currency.
Not to be confused with other dollar currencies
Several currencies carry the name “dollar”, but each one is separate, with its own code, value and issuing country. The Canadian dollar (CAD) is the currency of Canada.
| Currency | Code | Used in | 1 USD = |
|---|---|---|---|
| Eastern Caribbean dollar | XCD | Antigua and Barbuda +5 more | 2.7 |
| Australian dollar | AUD | Australia +3 more | 1.4387 |
| Bahamian dollar | BSD | Bahamas | 1 |
| Barbadian dollar | BBD | Barbados | 2 |
| Belize dollar | BZD | Belize | 2 |
| Brunei dollar | BND | Brunei | 1.2914 |
| United States dollar | USD | Ecuador +7 more | 1 |
| Fijian dollar | FJD | Fiji | 2.2374 |
| Guyanese dollar | GYD | Guyana | 209.26 |
| Jamaican dollar | JMD | Jamaica | 158.64 |
| Liberian dollar | LRD | Liberia | 181.37 |
| Namibian dollar | NAD | Namibia | 16.32 |
Practical money tips for Canada
Card payments are widely accepted in most cities, but it's still worth carrying some Canadian dollar in cash for smaller vendors, local transport and rural areas. Notify your bank before travelling to avoid transactions being blocked, and compare card fees — many cards charge a foreign transaction fee that a dedicated travel money card avoids.
Planning to visit Canada?
This site is a member of the CJ Affiliate and AWIN affiliate networks. We earn commission from qualifying purchases at no extra cost to you.
Rent a Car in Canada — Book Now, Pay at Pickup
Compare car hire prices and reserve with no upfront payment via Carla.
Find Cheap Flights to Canada with Ovago
Search hundreds of airlines for the best airfare.
Money essentials for Canada
As an Amazon Associate we earn from qualifying purchases. We are also a member of the CJ Affiliate and AWIN affiliate networks. Links below are affiliate links.
Canada in context
- Canada covers 9,984,670 km², making it the 2nd largest of the 196 countries on this site.
- It shares a land border with 1 country: United States.
- With 41,651,653 people, Canada holds about 8.1% of the population of North America.
- Traffic drives on the right, and calendars start the week on Sunday.
- Canada is a member state of the United Nations.
Compare Canada
Canada currency — FAQ
What is the currency of Canada?
The currency of Canada is the Canadian dollar (currency code: CAD, symbol: $).
What is the currency code for Canada?
The ISO 4217 currency code for the Canadian dollar is CAD.
What is the Canadian dollar symbol?
The symbol for the Canadian dollar is $. You will see this on price tags and receipts throughout Canada.
What currency is used in Canada?
The official currency used in Canada is the Canadian dollar (CAD).
Can I use US dollars in Canada?
The official currency of Canada is the Canadian dollar, not the US dollar. While USD may be accepted in some tourist hotels and major cities, you will generally get better rates paying in Canadian dollar and should exchange money before or on arrival.
What is the exchange rate for Canada?
As of July 2026, approximately 1 USD = 1.4151 CAD and 1 GBP = 1.897 CAD. Rates change daily — always check a live source before travelling or sending money.
What is money called in Canada?
Money in Canada is called the Canadian dollar (CAD).
Do other countries use the Canadian dollar?
No — Canada is the only country on this site using the Canadian dollar as its official currency.
What is the Canadian currency?
The Canadian currency is the Canadian dollar (CAD), the official money of Canada.
How much is 100 CAD in US dollars?
At the July 2026 indicative rate, 100 CAD is about 70.67 USD or 52.71 GBP. Use the converter above for other amounts.
How much is 100 US dollars in Canadian dollar?
At the July 2026 indicative rate, 100 USD is about 141.51 CAD.
Is the Canadian dollar the same as other dollar currencies?
No. Several currencies share the word, but each is a separate currency with its own code and value. The Canadian dollar is CAD; others include Eastern Caribbean dollar (XCD), Australian dollar (AUD), Bahamian dollar (BSD), Barbadian dollar (BBD).
This page contains affiliate links. We may earn a small commission if you purchase through our links, at no extra cost to you. Learn more.
Last updated: