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If you go to a bank, they will be trying to make a large commission on your simple exchange, You would be much better off going to a company that does that as their profession. I have recommended time and time again, check them out bendixfx.com they're in the financial district right in the heart of T.O. call them 416 366 9000

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How much money is 50 pounds in Canadian money?

1 British pound = 1.58814047 Canadian dollars (as of 2011-12-05). See related links for latest.


What is 4500 US dollars in Canadian dollars?

As of 02/2012 the US and Canadian dollars are almost "at par"; i.e. US$1 = C$1 But remember exchange rates vary, sometimes quickly. There are many websites that provide daily conversion factors so you can track rates easily.


What is the unit of money for Canada?

Canada's unit of money is the Canadian dollar (CAD). The sign is $. Visit the related links for more information.


Which currency used in Canada?

A lot of places near the border will accept a U.S. dollar for a Canadian dollar, but that's because the exchange rate is favorable. In general you need to use Canadian currency, which you can easily obtain by exchanging your U.S dollars at any bank in Canada and most in the U.S. You can also use traveler's checks and credit cards at places that accept them, but the fees for the former and sometimes poor exchange rates for the latter may make it more expensive to do so. Typically using a credit card will get you a favorable exchange rate, as the company does it in much larger quantities, reducing the overhead. Most border crossings have an money exchange.


Can you use US dollars for taxi in Vancouver BC?

American currency is not legal tender in Canada. Many (but not all) taxi drivers will accept American bills at par. You would be wise to convert to Canadian currency. Canadian banks will exchange American bills for Canadian bills at a fair exchange rate, and will do so while you wait. Besides, our bills are prettier than American bills.

Related Questions

Can I use Canadian money in the US?

Yes, Canadian money can be used in the US, but it may not be accepted everywhere. It is recommended to exchange Canadian currency for US dollars before traveling to ensure wider acceptance.


Can you spend Canadian money in the US?

Yes, Canadian money is generally not accepted as legal tender in the United States. It is recommended to exchange Canadian currency for US dollars before making purchases in the US.


Is Canadian money the same as US currency?

No, Canadian money is not the same as US currency. The Canadian dollar is the official currency of Canada, while the US dollar is the official currency of the United States. Both currencies have different exchange rates and values.


Where can one exchange Canadian money for American money?

You can exchange Canadian money for American money at any bank. There are also little places like Money Mart, or other cash advance stores that will exchange it for you as well.


Where can one exchange Canadian dollar to US dollar?

To exchange Canadian dollars to US dollars, log on to CoinMill, where you can convert your Canadian dollars to US and many more countries you would like to exchange.


How much is 10 US dollars after the Canadian exchange rate?

The exchange rate is currently at 1.01 Canadian dollars for 1 Us dollar. This means that 10 US dollars would be about 10.10 Canadian dollars after exchange.


Can you convert Canadian money to peso in Mexico?

Sure; most bank and exchange offices in Mexico would convert Canadian and US dollars as well as Euros.


Do you have to exchange American money for Canadian money?

Throw all of your American money off of a Canadian bridge. The Canadian next to you will feel so sorry for you that he will give you the equivalent value in Canadian money.


Does Canadian money have more value than US money?

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.


Is Canada money pound?

No, Canada uses the Canadian Dollar, although it's value and exchange rate is different to that of the US Dollar.


What is the current foreign rate exchange on Canadian money?

The current foreign rate exchange on Canadian money is 1.0 Canadian Dollars is equal to 1.01 U.S. Dollars at this time. The rate changes slightly every day.


Is Canadian currency accepted in the US?

Yes, Canadian currency is generally not accepted in the US. It is recommended to exchange Canadian dollars for US dollars before traveling to the US.