MONEY

In Canada, the units of currency you will normally encounter are as follows:

Coins Amount
One Cent (a "penny"): 1/100 of a dollar.
Five Cents (a "nickel"): 1/20 of a dollar.
Ten Cents (a "dime"): 1/10 of a dollar.
Twenty Five Cents (a "quarter"): 1/4 of a dollar
One Dollar (a "loony"): one dollar
Two Dollar (a "tooney") two dollars
Bills
Two Dollars
Five Dollars
Ten Dollars
Twenty Dollars
Fifty Dollars
One Hundred Dollars

Since credit cards, personal cheques and traveler's cheques are widely accepted in Canada, it is not necessary to carry large quantities of money. Although most businesses will take U.S. dollars, banks usually offer the best exchange rate. Our staff can help you exchange money or open a bank account.

You can also use our Online Canadian Currency Converter to compare the Canadian dollar to other currencies.