COUNTRY MONEY GUIDE

Canada currency guide

The official currency is CAD. Payment habits vary by merchant and location, so travellers should combine a primary card, a backup method and a practical amount of local cash.

Currency converter

CAD → USD

Rate date 2026-09-15
Quick amounts
CAD 1USD 0.71973

1 CAD = 0.71973 USD

Reference rate only. Banks and payment providers may use different rates and fees.

Country/areaCanada
Official currencyCAD
RegionAmericas
ISOCA
DIRECT ANSWER

CAD is the official currency

The official currency is CAD. Payment habits vary by merchant and location, so travellers should combine a primary card, a backup method and a practical amount of local cash.

CurrencyFlow rates are for budgeting and comparison, not guaranteed bank, card or exchange-counter quotes.

PAYING LOCALLY

Cash, cards and ATMs in Canada

Cash use

Cards are widely used, though carrying some cash can help with small purchases and tips.

Card acceptance

Credit, debit and contactless payments are common.

Contactless and mobile payments

Contactless and mobile-wallet acceptance depends on the merchant, network and device.

ATM

ATMs are widely available; network and operator fees vary.

Dynamic currency conversion

If an ATM or terminal offers conversion into your home currency, compare the disclosed rate and fees with paying in the local currency before accepting.

Tipping practices

Tipping is customary in many restaurant, taxi and personal-service settings.

TRAVEL MONEY

Planning money before and after arrival

Before travel

Before travel, notify the card issuer when necessary, check foreign-transaction and ATM fees, and keep a backup payment method.

Airport exchange

Airport exchange counters can be convenient but may use wider spreads or additional charges.

EXCHANGE RATES

Major CAD reference rates

Rate date:2026-09-15
PairReference rateOpen
CAD/AUD1 CAD = 1.0093 AUDView CAD to AUD →
CAD/CNY1 CAD = 4.828 CNYView CAD to CNY →
CAD/EUR1 CAD = 0.62276 EURView CAD to EUR →
CAD/GBP1 CAD = 0.53308 GBPView CAD to GBP →
CAD/JPY1 CAD = 111.24 JPYView CAD to JPY →
CAD/SGD1 CAD = 0.9148 SGDView CAD to SGD →
CAD/USD1 CAD = 0.71973 USDView CAD to USD →
USEFUL CONVERSIONS

Useful CAD conversions

FAQ

Canada currency questions

What currency is used in Canada?

The official currency is CAD.

Should visitors carry cash in Canada?

Cards are widely used, though carrying some cash can help with small purchases and tips.

Are foreign cards accepted in Canada?

Credit, debit and contactless payments are common.

What should I check before using an ATM abroad?

Check the local operator fee, card-issuer fee, withdrawal limit and any dynamic currency conversion offer.

SOURCES & REVIEW

Official references and review

Payment practices vary by merchant, location and time. Check current monetary, customs and card-issuer guidance before travel.

Reviewer
caojingxin
Reviewed
2026-08-12
Rate date
2026-09-15