- Monetary unit:
- the Country code:
- Canada, Republic
- Canadian dollar
- of 9 220 970 sq. km
- English (state), French (state)
- CA (CAN) 124
National monetary unit of Canada is the dollar of Canada which makes 100 cents. In circulation there are denominations of denomination 2, 5, 10, 20, 50, and 100 Canadian dollars. A denomination of the least
Nominal value - 2 dollars - are by degrees withdrawn from circulation. The Canadian money is manufactured by a government bank
Canada which has been based in July, 1934.
The Canadian dollar has been entered into the circulation in 1858 after clearing of colonial grab by England. In it
Time Canada became a part of British Commonwealth. On some modern denominations this fact has received the
Reflexion: on them the portrait of the queen of Great Britain and the head of Commonwealth of Elizabeth II is seated. Since January, 1st, 1858 its gold content has been equal to an US dollar gold content (1,50463 g of pure gold). Till 1914 along with the Canadian token moneys and coins English sovereigns and the gold US dollars which were a lawful legal tender in the country till 1952 With 1914 on 1926 exchange of notes on gold addressed was not manufactured. In 1926 the gold bullion standard has been entered.
Since September, 30th, 1950 Canada has refused a fixed rate, has positioned freely fluctuating rate of exchange which existed till May, 2nd, 1962 Since May, 31st, 1970 Canada again began to use freely fluctuating rate of exchange of Canadian dollar. Since December, 14th, 1951 in Canada currency restrictions have been cancelled. Since March, 21st, 1956 in the country the free market of gold is reduced.
Within the country in circulation there are some different denominations of one nominal value. The exchange is better for carrying out in
Representations of the solid companies and in banks, exchange offices, large hotels, the airports,
Railway stations and road service stations. Now in Canada a series of notes of issue of 2001, but since 2011 in circulation goes, the Bank of Canada has begun production of a new series of denominations from polymer. The note of 100 Canadian dollars has been manufactured on November, 14th, 2011, 50 dollars - on March, 26th, 2012, 20 dollars leave in November, 2012, and 10 and 5 dollars - in the end of 2013.
These are the first Canadian money manufactured of polymer.
At the same time the Canadian dollar falls into with one
From the most expensive currencies in the world. The variation of a rate of Canadian dollar in many respects depends on economy of the USA, a rate
The American dollar, the Japanese yen, the Chinese yuan and euro.
It is updated 05.2012