answersLogoWhite

0

The currency of Canada is the Canadian Dollar, abbreviated as CAD. In the context of currency pairs, the most common pair involving the Canadian Dollar is USD/CAD, which represents the exchange rate between the US Dollar and the Canadian Dollar. Other pairs may include CAD with various currencies, but USD/CAD is the most widely traded.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

What is some information about the Canada currency?

Canada's currency is the Canadian dollar.


What is the currency of Canada and England?

The currency of Canada is the Canadian Dollar and the currency of the United Kingdom (which includes England) is the Pound Sterling (GBP) (£).


Which currency pair in Forex Trading gets most transactions?

A widely traded currency pair is the relation of the euro against the US dollar (EUR/USD).


What are the types of pairs and currencies in the Forex market?

What is a currency pair?It is a currency against another currency, forex currencies are available in pairs, you cannot sell or only buy one currency, you must buy or sell a currency in another currency and this is the reason behind trading in Forex in pairs.Example:The currency of the European euro against the currency of the US dollar, in the language of traders these two currencies are called "the euro-dollar pair" and the symbol for this pair is EUR / USDSecond: Forex Types and Pairs:Major CurrenciesMinor CurrenciesCross pairs (crosses)Exotic Pairs


What currency do Canada us?

I'll assume you mean "What currency does Canada use?". The answer is the Canadian dollar, or just dollar.


What does the term currency mean?

In forex trades, it refers to the first currency in a currency pair which has the same meaning as the term "base currnecy".


What is GBP in relation to currency exchange?

Great Britain pound. Which is used pair currency for US dollar.


In Canada is the dollar the basic unit of currency?

The dollar is the basic unit of currency in Canada. It is called the Canadian dollar. The symbol is the $ or C$.


What are pips in Forex Industry?

Pips measures the change in the exchange rate for a currency pair. For example, currency pair that displayed with four three places, one pip is equal to 0.001.


Can you use of US Currency in Canada?

In Canada they use Canadian Dollars


Is euro currency of Canada?

No. Canadian dollar.


What are the currency of Canada francophone?

The Canadian dollar.