Canadian dollars Buy: 321.0 / Sell: 351.0 / National Bank rate: 341.07

Introduced in 1858, one Canadian dollar is divided into 100 cents. In 2007, the Canadian dollar was the 7th most actively traded currency in the world. The US economy and the US dollar significantly influence the Canadian dollar's exchange rate, and to a lesser extent, the Japanese yen, Chinese yuan, and euro.

In 1841, the British Province of Canada introduced its own dollar, equal in value to the US gold dollar and consisting of five shillings. The Canadian dollar officially replaced the Canadian pound in 1858. Prior to this, due to a shortage of its own currency, Canada had used a rather complex quotation system, and circulated British, American, and Mexican coins, as well as paper bills and copper tokens issued by Canadian banks.

Due to its geographic proximity and Canada's significant dependence on US imports, the Canadian dollar is heavily influenced by the US economy and, more recently, by the economies of APEC countries.

The current banknote denominations are: $100, $50, $20, $10, and $5.