How to Exchange a Canadian Dollar for a USA Dollar (Photo: US and canadian dollars image by Jenny Thompson from Fotolia.com ). However, the same practice isn't as common with Canadian cash in the United States. But we don’t have comparison data for transparency or speed at the moment. © Public Works and Government Services Canada, 2020 TransferWise is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507, for the issuing of electronic money. We have updated our writing tools. The phrasing generally follows that of a check: "Thirty Thousand One Hundred and Twenty-Five Dollars and no/100 Cents ($30,125.00)" or "Thirty Thousand One Hundred and Twenty-Five Dollars and 75/100 Cents ($30,125.75)" Writing the cents as a portion of the dollar is the preferred style of many law firms as the meaning is quite clear. People also refer to the CAD as the Loonie, buck, Huard, and Piastre (in French). Simply type in the box how much you want to convert. Write the dollar figure first, followed by a non-breaking space and the code: See CANADIAN DOLLAR (SYMBOL) (LINGUISTIC RECOMMENDATION OF THE TRANSLATION BUREAU). 2. Trusted by millions of customers globally. We always have written under the amount "Payable in Canadian Dollars" or in the case of our Canadian customers, they put "Payable in US Dollars" on … In an English document, when you need to specify the type of dollar (Canadian, American, Australian, etc. And honestly, we’re not the cheapest this time. TERMIUM Plus® Convert To Result Explain 1 CAD: USD: 0.76564 USD: 1 Canadian Dollar = 0.76564 US Dollars as of 11/6/2020 If you finish up a trip to Canada with Canadian cash left over, you'll have to exchange it for U.S. dollars in order to use it in the United States. Click on the dropdown to select USD in the first dropdown as the currency that you want to convert and CAD in the second drop … The economy of … We always give you the real, mid-market exchange rate — like you’d find on Google or Reuters. Click on the dropdown to select USD in the first dropdown as the currency that you want to convert and CAD in the second drop down as the currency you want to convert to. Your best bet is to exchange your cash at a bank, since most major banks offer decent exchange rates, especially if you're exchanging only a modest amount of cash (not thousands of dollars). However, in those cases, you'll have to watch out for ATM fees. 8 ways to abbreviate Canadian Dollar. Write the code first, followed by a non-breaking space and the dollar figure: Note that the dollar sign is redundant if used with the international code USD: In a French document, when you need to specify the type of dollar (Canadian, American, Australian, etc. In the example above, Column A lists U.S. dollars. They may both be called "dollars," but U.S. and Canadian dollars have different values, so you'll have to deal with that when exchanging them. Our smart tech means we’re more efficient – which means you get a great rate. Write the country symbol (US) first, immediately followed by the dollar sign ($) and the dollar figure: Do not place the dollar sign before the country symbol: Do not put a space between US and the dollar sign: In the area of finance, especially in texts discussing currency values and exchange rates, the universal code USD is the usual symbol used. The symbol used for the Canadian Dollar is $, or C$ to distinguish it from other dollar currencies. We’re always honest with our customers. No hidden fees. Banks and other providers often set their own, unfriendly exchange rates. With our tiered pricing for large amounts, you get a lower fee on any transfers over 100,000 GBP. Swanston is an avid traveler and loves jazz, yoga and craft beer. Economy. Canadian money is generally not accepted in the U.S., even in cities near the border, leaving travelers with no choice but to exchange their Canadian dollars for U.S. dollars when moving from Canada into the U.S. In some cases, they simply use the “$” symbol, which could represent either Canadian or American dollars. Brenna Swanston is a freelance writer, editor and journalist. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Its content is produced independently of USA TODAY. The ideal goal when exchanging Canadian cash for American cash is to do so at a rate that's as close as possible to the actual exchange rate. Write the country symbol (US) first, immediately followed by the dollar sign ($) and the dollar figure: US$25.99 © 2020 USATODAY, a division of Gannett Satellite Information Network, Inc. How to Convert Canadian Money to U.S. Money, How to Exchange a Canadian Dollar for a USA Dollar, (Photo: US and canadian dollars image by Jenny Thompson from Fotolia.com ), Where to Exchange Foreign Currency in Canada, Best Way to Exchange Money While Traveling in Europe, How to Exchange Money at the Canadian Border, The Best Ways to Exchange Money in Brazil, Information on Money When You Travel to London, Privacy Notice/Your California Privacy Rights, US and canadian dollars image by Jenny Thompson from. The exact exchange rate varies from day to day, but generally speaking, one U.S. dollar is worth about 1.25 Canadian dollars. To standardize the way the symbol for the American dollar is written in English and French, the Translation Bureau makes the following recommendation. Don’t forget to update your bookmarks. Choose your currencies. Input your amount. How do we collect this data? Within a few weeks, Writing Tips will no longer be available. Every time. The Canadian Dollar is subdivided into 100 cents. To begin your search, go to the alphabetical index below and click on the first letter of the word you are searching for.