Canadian dollar
| Dollar canadien (French) Can$, C$, CA$, CDN$, CAD | |
|---|---|
2011 Frontier series (polymer notes) | |
| ISO 4217 | |
| Code | CAD (numeric: 124) |
| Subunit | 0.01 |
| Units of account | |
| Base unit | dollar |
| Plural | dollars |
| Symbol | $ |
| Nickname | Loonie, buck (in English) Huard, piastre (pronounced piasse in popular usage) (in French) |
| Subunit | |
| 1⁄100 | cent |
| Plural | |
| cent | cents |
| Symbol | |
| cent | ¢ |
| Nickname | |
| cent | In French: sou, plural is sous. |
| Denominations | |
| Banknotes | $5, $10, $20, $50, $100 |
| Coins | |
| Freq. used | 5¢, 10¢, 25¢, $1, $2 |
| Rarely used | 1¢, 50¢ |
| Demographics | |
| Date of introduction | 1858 |
| Replaced | |
| Official user(s) | Canada |
| Unofficial user | Saint Pierre and Miquelon (France) |
| Issuance | |
| Central bank | Bank of Canada |
| Website | www |
| Printer | Canadian Bank Note Company |
| Website | www |
| Mint | Royal Canadian Mint |
| Website | www |
| Valuation | |
| Inflation | 3.0% |
| Source | Statistics Canada, July 2026 |
| Method | Consumer price index |
| Part of a series on the |
| Economy of Canada |
|---|
The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the official currency of Canada. There is no standard disambiguating form, but the abbreviations Can$, CA$ and C$ are frequently used for distinction from other currencies, particularly the US dollar.
The base unit is the dollar; each is divided into 100 cents (symbol: ¢). Owing to the image of a common loon on its reverse, the country's dollar coin, and sometimes the dollar itself, may be referred to as the loonie by English-speaking Canadians and foreign exchange traders and analysts. Likewise, amongst French-speaking Canadians, the French word for loon, huard, is also commonly used.
Accounting for approximately two per cent of all global reserves, as of January 2024 the Canadian dollar is the fifth-most held reserve currency in the world, behind the US dollar, euro, yen, and sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.
- Currencies with ISO 4217 code