0
Does the American dollar have the same value as the Canadian dollar?
Wiki User
∙ 14y ago
The value is similar, with the American dollar usually being slightly stronger.
Wiki User
∙ 7y ago
Add your answer:
Earn +20 pts
A higher currency makes a country's exports more expensive?
It has to do with exchange rates. Consider the US and Canada. If one US dollar is worth $1.50 Canadian, then US dollars buy 50% more Canadian products than an equal number of Canadian dollars would. But if the value of the Canadian dollar rises, so that it is worth the same as an American dollar, then American dollars buy only the same amount of Canadian products as an equal number of Canadian dollars.
What currency does Canadian use?
Canadian Dollars. They are not at all the same as American Dollars, they just have a similar name. Funny enough, the Canadian 1-Dollar coin (not a paper bill, but a metal coin) is called a Loonie, because of the loon (a breed of bird) depicted on it. Some have come to call the Canadian Dollar in general the Loonie, like the American Dollar might be called a buck (http://en.wikipedia.org/wiki/Loonie).
How much is a Bahamians cent worth?
One cent. The Bahamian dollar is tied to the U.S. dollar so the two always have the same value.
Why is the dollar today worth about 45 cents?
The dollar is, by definition, worth 100 cents. However, the value of the dollar changes over time due to inflation (or more rarely, deflation) and there are also different dollars in different countries, for example, the US dollar and the Canadian dollar, which do not have exactly the same value. If you are refering to the value of the coin's composite metals then please state it in the question.
What was the value of a dollar in 1895?
One dollar, the same as today
What is the value of a 2001 Indian head silver dollar?
The 2001 American Buffalo silver dollar was issued as Uncirculated (D mintmark) & Proof (P mintmark). Both have the same current market value of $100.00.
How much does 1 Canadian dollar equal in us dollars?
its the same
Are the Canadian and the American currency same?
No, they're a different currency although there's not alot of difference in the actual value at the moment:Canadian $=1.0017 US $
What is the currency of Toronto?
All provinces and territories in Canada use the same currency, the Canadian Dollar.
What are the different currencies in the world?
There are many different currencies in the world. Some countries share currencies like the euro and some countries have the same name for the currency but they are not the same currency like American dollar and the Canadian dollar. the most popular currencies are dollar, euro, pound, yen, ruble ect.
What is the value of a 1995 half dollar with peacock on the rear.?
If it is a U.S. half dollar the bird on the reverse is the same as that on all other U.S. quarters, halves and dollars - the American Eagle. Unless your coin is uncirculated it is only worth face value.
What is Canada's currency?
Canada's currency is the Canadian Dollar (CAD). It has dollars and cents (one hundredth of a dollar), with prices denoted in ways such as $5.99 (5 dollars and 99 cents), and 50¢ (50 cents).Common denominations are:Coins1¢ (penny), 5¢ (nickel), 10¢ (dime), 25¢ (quarter), $1 (loonie), $2 (toonie). 50¢ coins also exist, but are extremely rare.Banknotes$5, $10, $20, $50, $100. There is also $1.1 billion worth of $1000 bills in circulation, but they have been withdrawn due to concerns surrounding money laundering. They are still legal tender.Canadian Dollar, they have the same denominations as American ie:- 100 pennies = 1 dollar, 20 nickels = 1 dollar, 10 dimes = 1 dollar, 4 quarters = 1 dollarThe dollar: $.Canadian Dollar, they have the same denominations as American ie:- 100 pennies = 1 dollar, 20 nickels = 1 dollar, 10 dimes = 1 dollar, 4 quarters = 1 dollarThe dollar: $.Canadian Dollar Abbreviated as CND
