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Canada Currency
When we talk about the Canada currency in the past, people there used several different types of currencies, which includes, British pounds, Spanish pesos, American dollars and much more other. In the year 1867, the new Canadian government decided to make its own currency and made CAD in this regard. It is now the official currency of Canada.
What is Canada currency?
If you are going to Canada, either for a temporary or permanent basis, you need to have detailed knowledge of Canada currency. The currency of Canada is the Canadian Dollar (CAD).
Currency of Canada
When talking about the Canada currency, there are several coins used here. Loonie is equal to one dollar. Toonie is equal to two dollars. A quarter is equal to 25 cents and Dime equals 10 cents. Nickel is basically a five cent and Penny is what we call one cent. All these coins for the Canada currency were made by the Royal Canadian Mint.
Additional Information about Canada Currency
When it comes to the Canadian paper money, these are termed here as banknotes, bills or simply notes. These are usually for larger currency utilization, as in other countries. These are basically made of very thin plastic, which is termed as Polymer so the series of paper money in Canada is also termed as Polymer series. After every 10 years, Canada currency designs are changed. When talking about the bills, the available ones are 5 dollar bill, 10 dollar bill, 20 dollar bill, 50 dollar bill, and 100 dollar bill. Canada currency to USD equals 0.77 United States Dollar.
Canada Currency to Pkr equals 95.49 Pakistani Rupees.