Buy, Sell or Transfer Canadian Dollar (CAD) in India at the best exchange rates
The national currency of Canada is the Canadian Dollar. Very popular among traders, this Canada currency is also referred to as a loonie and as huard in French, and is abbreviated as $, Can$ or C$ to distinguish it from other dollar-denominated currencies. This currency comprises 2% of the global currency reserve and owes its soundness to an economically stable government and political domination. The Canadian dollar is the fifth most held reserve currency in the world. Up ahead is the U.S. dollar, the euro, the yen and the pound sterling.
Some facts that you ought to know about the cdn dollar:
The currency is quite popular among traders, courtesy Canada’s economic stability, sound government and a steady political system. Some businesses in the northernmost regions of the United States also accept the Canadian Dollar especially in coins.Another reason that makes the USD such a prime factor for many countries across the globe is that they consider its value as a benchmark to peg their own currency value.