Loading
The official currency of Canada is the Canadian Dollar (CAD).
Its international currency code is CAD.
The Canadian Dollar is the legal tender used for shopping, public payments, commercial transactions, and all financial processes throughout the country.
The Canadian Dollar was introduced in 1858, marking Canada’s transition away from the British pound sterling system to its own national currency.
The issuance and management of the currency are carried out by the Bank of Canada (Canada’s central bank).
Today, the Canadian Dollar operates under a floating exchange rate system and is among the actively traded currencies in global markets.
Abbreviation: CAD
Symbol: $ (often shown as C$ or CA$ to distinguish it from other dollar currencies)
Subunit: 1 Canadian Dollar = 100 cents
Thanks to Canada’s stable economy and strong banking system, the Canadian Dollar is considered one of the world’s reliable currencies.
The Canadian Dollar circulates in both banknotes and coins:
5, 10, 20, 50, and 100 CAD
5, 10, 25, and 50 cents;
1 CAD (Loonie) and 2 CAD (Toonie)
Canadian coins are commonly known by special nicknames based on the figures depicted on them.
Yes.
With PayPorter, sending money from Türkiye to Canada is fast, secure, and cost-effective.
Thanks to PayPorter’s international transfer infrastructure, transfers to Canadian bank accounts often reach recipients within a short time.
Low transaction fees
Fast transfer process
Secure and licensed infrastructure
Money transfers to more than 185 countries
📍 To send money from Türkiye to Canada, you can visit the relevant page on our website.
No.
The Canadian Dollar is only valid within the borders of Canada.
However, CAD can be bought and sold at many banks and exchange offices in Türkiye.
In addition, secure money transfers from Canada to Türkiye can be made via PayPorter.
The Canadian Dollar is commonly known worldwide as the “Loonie.”
Polymer banknotes make Canadian bills more durable and secure.
Canada is one of the countries where card and digital payments are widely used.
The Canadian Dollar is closely linked to global commodity markets.
The official currency of Canada is the Canadian Dollar (CAD).
Officially, no. However, US dollars may be accepted on a limited basis in some tourist areas.
Yes. Many banks and exchange offices in Türkiye offer CAD exchange services.
Yes. You can make fast and secure money transfers to Canada with PayPorter.
Transfers usually reach the recipient within a short time.
Yes. Credit cards and mobile payments are widely used across Canada.
Yes. Most international cards are accepted; transaction fees may vary by bank.
Last Uptade: December 2025
This content is provided for general informational purposes only and does not aim to cover all aspects of the topics discussed. The information herein should not be considered a substitute for advice from a qualified professional. Nothing in this publication should be interpreted as legal, tax, or professional advice provided by PayPorter or its affiliates. While we strive to keep our content accurate and up to date, we make no representations or warranties regarding the completeness, accuracy, or timeliness of the information provided.