answersLogoWhite

0

Canadian money actually has less value than the United States dollar. A United States dollar in Canada is worth about $1.11 in Canadian money as of September 15, 2014. This rate of exchange does not stay a constant value.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

What is the difference between fiat money and token money?

Token money is a type of money whose intrinsic worth is less than its nominal value eg its value as money is less than its value as metal while fiat money is a type of money which intrinsic value is more than its nominal value.


Will Mexico accept Canadian currency?

This depends what you plan to use the Canadian money for. Converted, as of recently, its worth more than the US dollar. I would expect you wouldn't have much trouble exchanging your Canadian money.


Does Mexican money have more or less value than US money?

it depends what country your in


What is the Value of a circulated 1935 Canadian 2 dollar bill?

Monetary value is $2. Some people might value it at more than that because it is unusual.


What is money illusion?

money illusion is more of adding the priority to the face value of money than the purchasing power of money.


What country has more value in money than US?

The uk ( euros)


What is the importance of time value of money in financial decision making?

The importance of time value of money in financial decision making is because money in your today is worth more than the sum at a future date. If you take the money you have today and invest it, you will have more money in the future than if you wait to take the money.


What was the value of southern money after the civil war?

No more than the paper its printed on.


What is the value of a paper Canadian dollar?

There is no more 1$ Canadian paper money printed. It's now 1$ coin, 2$ coin, 5 $ paper, 10$ paper, 20$ paper, etc. So a Canadian paper dollar might just be worth MORE than a dollar... Check with favorite local numismatist. Condition of the bill in question is a deciding factor.


What is the value of a 1727 Canadian coin?

Unfortunately you will HAVE to give more details than that. What do the legends say? What is the design on the reverse and obverse?


Why is the Canadian five dollar billworth more than the value of ink and paper?

That's not always true. The value of each depends on the exchange rates between the two countries. Sometimes the Canadian dollar is worth more than the American dollar and sometimes the opposite, depending on economic conditions.


How many Canadian dollars equal US dollars?

i think Canadian money is two dollars less than us money