Canadian dollar

Certificate of currency, Canada's economic performance, Canadian dollar quotes

Certificate of currency, history, banknotes and coins, quotes

Канадский доллар: банкноты, монеты, история, котировки

The Canadian dollar is the official currency of Canada. Code banking system-CAD. Sign- $ ((C) $). Put into circulation in 1858 year. For one dollar you can get Canadian one hundred cents.

There are banknotes in five, ten, twenty-, fifty or a hundred dollars. Coins: one and two dollars, five, ten, twenty-five and fifty cents.

History of the Canadian dollar

Money design

With 2011 year were introduced modern polymer banknotes. Now almost all banknotes are a thing of the past.

On modern banknotes depict mostly the Prime Ministers of Canada, as well as Elizabeth (II). Subject of banknotes varies: innovative developments in the field of Robotics and medicine, railways in Canada, military memorials, research in the Arctic.Canadian dollar: banknotes

On the one hand shows the current Queen of the United Kingdom. On the other side of the country's national color imprinted: Canadian beaver, Loon bird, sailing boat for fishing, reindeer, Royal Canadian coat of arms, as well as polar bear.

Because of the large costs of production with 2012 year of treatment was withdrawn in dotoinstvom one cent coin. Unfortunately, in doing so, Canada, You can say, lost and its character. At one of her parties was submitted to the Chief sign of the country-maple leaf.

Canadian dollar: history, origin

Initially the locals (Indians and Eskimos) haven't used any semblance of money at that time. They are directly exchanged right things and services. The exceptions were some tribes, used copper as currency.

In 17 century Canada has become a French colony. Conquerors in calculations used their money. Only delivery means of payment at that time was very difficult. This is evidenced by including historical fact, that in 1685 year, colonists had to use coins instead of playing cards, on which were painted inscriptions required says the extreme scarcity of official money.

Canadian dollar: coinsThis "currency" spent nearly half a century! After the official abolition of the use of substitutes for their replacement by smaller French coins-Su.

With 1763 year, When the colony was transferred to the authority of the United Kingdom, three were used in the country of the currency. In addition to French coins, in circulation were also real (Spanish dollars) and British pounds. And they were later joined by and war bills. They were issued during the war 1812 year. And only with the 1841 the year the main currency in the country was the Canadian pound. He was tied to the four United States dollars. Pound was later renamed the Canadian dollar and became the official currency of the country with a single 1871 year.

Development of national currency

Until 1933 It operated the gold standard. Two years later established the Canadian Bank, the final issue of national currency. Country several times introduced a floating exchange rate, However, the full transition was realized only in 70-ies of the last century. Also declining were observed several times it quotes. Now the Canadian dollar is freely convertible currency. Regulators had a totally insignificant impact. Among the instruments traded on the Forex market Canadian dollar occupies one of leading places.

Canadian dollar currency market

The economy of the country at the moment has become one of the strongest in the world. The Canadian dollar is regarded as the world's reserve currency. About the importation or exportation of cash Canadian money, in the case of, If you decide to visit this country, no limit. But here it's more convenient to make payment with a credit card. The banking sector is widely developed and almost all institutions accept major credit cards payment systems.

The main macroeconomic indicators for Canada and the Canadian dollar

2012 2013 2014
Population (million) 34.7 35.1 35.5
GDP per person 52,795 52,38 50,409
GDP, billion United States 1,832 1,839 1,789
Economic growth 1.9 2.0 2.5
Domestic demand (change, %) 2.5 1.5 1.6
Consumption (change, %) 1.9 2.5 2.8
Investment (change, %) 3.4 0.1 0.0
Export (change, %) 2.6 2.0 5.4
Import (change, %) 3.7 1.3 1.7
Industrial production (change, %) 1.4 1.8 4.2
Retail sales (change, %) 1.8 2.8 3.5
Unemployment 7.3 7.1 6.9
Taxes (% of GDP) -1.0 -0.9 0.0
Public debt (% of GDP) 33.7 33.0 31.7
Money (change, %) 5.5 6.9 4.7
Inflation (at the end of the period, %) 0.8 1.2 1.5
Inflation on consumer goods 1.5 0.9 1.9
Inflation on INDs. Products 1.1 0.4 2.5
Interest rate 1.00 1.00 1.00
The stock market (change over the year, %) 4.0 9.6 7.4
Exchange rate (against the United States dollar) 0.99 1.06 1.16
Course on parity PS 1.00 1.03 1.10

Trade Canadian dollar against other currencies

Trading operations with currencies, including Canadian dollar, perpetrated through Forex brokers. From our point of view, the best of them are the following:

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Buying and selling of Canadian dollars

Operations with cash and non-cash dollars Canada can be made in banks. The best ones are listed:

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