Compare Canadian Dollar Exchange Rates

Where can I use the Canadian dollar?

The Canadian dollar (CAD) was introduced into circulation in 1858, and, like the UK, the current notes in circulation are made of synthetic polymer and not paper. Canada is the only country to use the Canadian dollar as its official currency.

Can I order Canadian dollars online?

Canadian dollars can be ordered online from a number of providers who will give you the option of either delivery or collection. Online providers will often offer the most competitive exchange rates and lowest fees, but it's worth comparing different providers to ensure you get a good deal.

Should I buy Canadian dollars before I go on holiday?

It's common to find the best deals by buying your holiday money before you leave, and it's a good idea to avoid exchanging currency at airports, where the exchange rate is notoriously poor. Like the UK, most areas in Canada will accept debit and credit card payments and have plenty of ATMs to withdraw cash. However, this can be an expensive option, depending on your card providers foreign transaction fees and exchange rates.

If you dislike travelling with a large amount of cash, you could consider a prepaid travel card, or if you're a regular traveller, a travel credit card could be a good option too. These cards will come with a locked-in exchange rate and are designed to be used abroad, so will also often have the lowest, or even no, foreign transaction fees.

What can I do with my leftover CAD?

Knowing how much cash to take on holiday can be tough, and we've all returned from a trip with leftover foreign currency.

Many providers will now offer a buyback guarantee. This is where they promise to buy back any CAD you have left after your holiday for the same exchange rate you purchased it for.

How many Canadian dollars can I take with me?

You can carry any amount of money when crossing the border into Canada, but you must declare any currency, whether it's Canadian dollars, any other currency or a mixture totalling over Can$10,000. For the most up-to-date information about taking currency into Canada, you can visit the Canadian Border Services Agency website.

What denominations do Canadian dollars come in?

The Canadian dollar is made up of 100 cents, just like US or Australian dollars. Notes in Canada are in denominations of $5, $10, $20 ,$50 and $100; whilst coins come in denominations of 1c, 5c, 10c, 50c, $1 and $2.