What is The National Currency of Canada?
The Canadian Dollar is the National currency of Canada. The currency code for Dollars is CAD, and the currency symbol is $. The currency was first introduced to Canada in the early 1660s when French colonists brought coins to the area. The very first banknotes were issued in Canada in 1821 by the Montreal Bank and soon became a primary method of payment. The first Loonie coin was introduced in 1987 and the two-dollar coin (often called the Toonie) was launched in 1996.