Our exchange rates are locked in every weekday at our branches around 8 am EST. The rate shown when you make the online reservation is the exchange rate of that day, so it is good for that day only. The exchange rate you pay will be that of the day when you actually pick up and pay for the currency. The indication rate gives you a good reference point as currency exchange rates typically move less than 3% day to day.
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Symbol:
$
Currency Code:
CAD
The Canadian dollar is the currency of Canada. Our records show the Canadian dollar is the third most traded currency with us. The banknotes are printed on polymer (plastic) material. The Bank of Canada is responsible for issuing the Canadian banknotes. The Canadian dollar is also known as the loonie and is the world’s most prominent commodity currency. It is one of the highest traded currencies in the foreign exchange market. The Bank of Canada is led by the Governing Council, the policy-making body of the Bank.
Traveling to Canada? Credit and debit cards are widely accepted, especially in major cities like Toronto, Vancouver, and Montreal. However, carrying some Canadian cash is still useful for tipping, taxis, public transit, small local shops, markets, and rural areas. Certain parking meters, food vendors, and older payment terminals may not accept foreign cards. Having Canadian dollars on hand can help you avoid card declines, foreign transaction fees, and last‑minute ATM searches—so you can spend more time enjoying your trip. Looking for expert tips on how much cash to bring, when to exchange, and how to avoid hidden fees? Our Currency Travel Guide has you covered.
Learn MoreThe amount of cash you’ll need depends on the length of your trip and how much you plan to rely on cards. Most travelers use the following general guidelines based on U.S. dollars.
$100 - $300
per person
$400 - $800
per person
$600 - $1,000
for a week (meals, transport, tips)
$800 - $2,500+
per person
Choose from over 80 currencies for your next adventure.
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Know the best time to exchange. Currency exchange rates are always moving. CXI's rate tracker keeps you one step ahead and in control. Pick a currency, set a desired rate or just track everyday changes. Like a flight tracker for currency.
Track the Exchange RateExplore our travel guides and expert currency tips.