Find the best Canadian Dollar exchange rates:
How we can save you money on your Canadian Dollar currency
transfers
We are able to significantly beat the exchange rate offered by your
bank and other providers
- Unbeatable exchange rates On currency transactions
- Personal service
- Free currency news
- No cost or obligation
Canadian Dollar Currency Transfers
- No Transfer charges, extra fees or
commissions
- Fast, secure same day currency
transfers
- No minimum or maximum amounts
- Pay no sending or receiving fees for
amounts above £5,000
Company Information
-
Foreign Exchange experts for private
individuals and businesses
-
Help with thousands of transactions a
year
-
Established in currency for over five
years
-
Over 1000 happy repeat clients
CANADA (CAD) CANADIAN DOLLAR
The Canadian dollar came into existence on the 1st January 1858. Before that
time, the country relied on pounds, schillings and pence. The international
currency code is ‘CAD’ and prices are usually just advertised as ‘$’, although
sometimes ‘C$’ will be used to eliminate any confusion with the US dollar. The
Canadian dollar is divided into one hundred cents.
Currently in Circulation
Coins in current circulation are the 1 cent, 5 cents, 25 cents, 1 dollar and 2
dollars. There are a few 50 cents coins in existence, but these are very rarely
seen. Canada has adopted the same coinage system as the US. Banknotes, or bills
as they are better known in Canada, are in the denominations of $5, $10, $20,
$50 and $100.
Exchange facilities and traveller’s cheques
You will not encounter any problems in finding bureaux de change facilities in
Canada. Most town high streets will have them and they will be in all of the
places that you would expect, including airports and train stations etc.. If you
intend to take traveller’s cheques to Canada, you will have no problems in
purchasing and spending cheques which are in the local currency. You will also
be able to use and spend US dollar traveller’s cheques in most locations.
Using credit/debit cards
Again, Canada is completely adapted to the acceptance of both card types. All
major credit card names should be accepted in the majority of outlets and this
would even extend to some of the smaller towns and villages. ATM’s are
commonplace and you will be able to withdraw funds very conveniently across the
whole country.
Restrictions
There are no limits on the amount of money that you bring into or take out of
Canada. If you are bringing in or taking out an amount that is of C$10,000 or
more, you must ensure that you report this to customs officials. One of the
penalties for failing to do so can include the full amount of money being
seized.
Canada: an overview
In terms of land area, Canada is the second largest country in the world. It
occupies the northern part of the North American continent and stretches a good
few thousand miles, from the Pacific to the Atlantic oceans. Much of Canada can
boast absolutely breathtaking scenery and one of the most popular regions to
explore for tourists is the Rocky mountains in
British Colombia. The far north
of the country lies within the Arctic circle and the population is obviously
particularly low in these more inhospitable areas. The vast majority of
Canadians live in the far south, close to the border with the United States of
America.
It is not too difficult to visit Canada and stick to a budget. As with most
other places, you will get what you pay for. You will probably be able to find
some cheaper low budget hotel
accommodation, although these prices will increase
quite significantly in the largest cities. More luxurious 4 star hotel
equivalent rooms would start at around £200/$300 per night and this would be
based on two people sharing.
|
|
