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What does CAD stand for in Canadian currency?

CAD, nicknamed the "loonie," is the currency abbreviation or currency symbol used to denote the Canadian dollar. One Canadian dollar is made up of 100 cents and is often presented as C$ to distinguish it from other currencies denominated in dollars, such as the U.S. dollar.

What is a Canadian dollar called?

One Canadian dollar is made up of 100 cents and is often presented as C$ to distinguish it from other currencies denominated in dollars, such as the U.S. dollar. CAD, nicknamed the "loonie," is the currency abbreviation or currency symbol used to denote the Canadian Dollar.

What is the currency code for a Canadian dollar?

The currency code for the Canadian dollar is CAD. To write an amount in Canadian dollars, begin with the dollar figure, followed by a non-breaking space, and then the currency code. For example, 350,000 CAD. Some people may wonder whether to use the abbreviation CAD or CDN when referring to Canadian dollars.

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