Canadian Dollar · $ · Official currency of Canada
The Canadian dollar ($) was introduced in 1858 to replace a mixed system of British pounds and US dollars in circulation. The Bank of Canada, established in 1935, has issued notes ever since, switching to polymer banknotes starting in 2011.
Five denominations circulate: $5, $10, $20, $50, and $100, all made of durable polymer. The $20 note features the British monarch (King Charles III), while the other denominations feature former prime ministers and other historical figures.
Since it borders the US, some shops near the border accept US dollars, but the exchange rate applied is often unfavorable, so it's better to pay in Canadian dollars when possible. Card and mobile payments (like Interac and Apple Pay) are extremely widespread, making it easy to get by without cash. That said, small bills can still come in handy for tipping at restaurants and cafés.
You can view the real banknote designs on the Bank of Canada's official page.
See Canadian Dollar banknotes at today's exchange rate →