What currency is used in Canada?
Posted on Oct 21, 2025 / Finance
Canada’s currency is the Canadian dollar, written as CAD and often called the “loonie.” The nickname comes from the bird featured on the one-dollar coin. The bills are super colorful, made of durable polymer, and show national figures and landmarks. Canada’s economy is strong, and its currency is one of the world’s most traded. Cards and mobile payments are accepted everywhere, even for small purchases. The exchange rate with the U.S. dollar changes often but stays pretty close. The Canadian dollar reflects the country’s modern, multicultural spirit.
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