Canadian Dollars (CAD) Betting Sites & Online Casinos

Canadian Dollars, or CAD, is officially used by the North American country of Canada. The currency is also unofficially used by the overseas "collectivity" owned by France – Saint Pierre and Miquelon – located in the Atlantic Ocean near Newfoundland.

The Canadian Dollar is widely accepted by betting sites, including many well known brands, such as Bet365, ComeOn, Betfred, Betway, BetVictor – just to name some. There's even more choice when it comes to casino with well over 20 options from which to choose, including the likes of 32Red, CasinoLuck, Guts Casino, Royal Vegas Casino, and more. For those wanting to make a deposit using Canadian dollars to play bingo or poker, there is also plenty of choice from well known and trusted companies.

About the Currency

The Canadian Dollar has been in use since 1858 when the country decided to align itself with the US dollar in attempt to assimilate with its US neighbours. Previous to this, the country had used the Canadian pound.

The symbol for the Canadian Dollar is simply: $. However, in order to distinguish it from other dollars, such as the USD, they often use C$ or Can$ to set it apart. Nicknames for the dollar include loonie, bush, huard, and piaster. CAD banknotes come in 5, 10, 20, 50 with 100s available but very rarely used. Coins include 5, 10, and 25 cents, as well as $1 and $2 coins. 50 cents are also available, but rarely used anymore.

Exchange Rates

Given that over 75% of its exports go directly to the United States, Canada is mostly interested in the exchange rate between itself and the USA. At the time of writing, $1 US dollar is worth approximately Can$1.31 Canadian dollars. For the most accurate rates, have a look on XE.

Approximate Exchange Rates
1 USD 1 EUR 1 GBP 1 AUD 1 CAD
1.31 1.47 1.62 1 -

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