Canadian Dollar

Canada has been known as one of the safest countries in the world for so long. That's why the Canadian Dollar has become the best performing and most valuable currency in the world. The currency code of the Canadian Dollar is CAD and the value of 1 CAD is 0,79 USD and 0,69 EUR. The Canadian dollar is the 5th largest reserve currency in the world. It attracts many investors to invest in the Forex trading platform because of its stability and high market value.

The Canadian dollar is the currency of Canada. It is often abbreviated with the dollar sign $, or sometimes CA$, Can$ or C$ to distinguish it from other dollar-denominated currencies. The Canadian dollar is popular with central banks because Canada has relative economic soundness, the government's strong sovereign position, and the stability of the country's legal and political systems. The Canadian dollar accounts for approximately 2% of all global reserves and ranks as one of the largest reserve currencies in the world.

Value: 1 CAD = 0,79 USD
Currency Code: CAD
Symbol: $, C$, CAD, Can$