The symbol for the Canadian dollar is C$.
Canadian dollar for short, is the Canadian Central Bank issued legal, currency code is CAD.
The current Canadian banknotes come in five denominations: $5, $10, $20, $50 and $100.
And one dollar, two dollars, and five, ten, and twenty-five cents.
All coins are minted by the Royal Canadian Mint, while banknotes are printed by the Canadian Banknote Printing Company Limited.
The Canadian dollar is based on the addition of the initials of the country’s name, which is because the model completely mimics that of the United States.
In fact, this country was once a colony of the British Empire. Besides the United States, it also has a system in which the Queen of England is the supreme head of state.
In addition, the classification of currencies can be distinguished by hot and cold, and can also be classified by other criteria.
The Canadian dollar and the New Zealand dollar are commodity currencies, safe haven currencies, and so on.
Each currency has its own unique attributes.
Therefore, to understand the name and symbol of currency is the first step to explore the mystery, only persistent research, in order to consolidate the basic skills.
Biden expands sanctions on Russia, dollar rises, gold rises to 1910, oil prices extend shock.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
