Canadian currency

Canada uses the Canadian dollar (CAD) as its official currency. The Canadian dollar is denoted by the notation "$" or "C$" to distinguish it from other dollar currencies, such as the United States dollar, and is divided into 100 cents.

Canadian banknotes and coins are produced by the Bank of Canada. Famous Canadians, like Sir John A. Macdonald, the country's first prime minister, and civil rights leader Viola Desmond, are shown in the portraits on Canadian banknotes. The coins come in denominations of 1 cent, 5 cents, 10 cents, 25 cents, $1, and $2.

The Canadian dollar is one of the world's most traded currencies and is closely tied to the country's resource-based economy, particularly its exports of oil, natural gas, and other commodities. The value of the Canadian dollar can fluctuate based on a range of factors, including the global demand for commodities, the health of the Canadian economy, and fluctuations in global financial markets.

Overall, the Canadian dollar is a stable and widely used currency that plays an important role in Canada's economy and international trade.