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Dollar canadien (French)
|ISO 4217 code||
$, C$, CAD$
|Also known as|
The Canadian dollar (sign: $; code:
CAD) is the official currency of Canada, and is also circulated alongside the euro in Saint Pierre and Miquelon, an overseas collectivity of France located south of the island of Newfoundland. It has been used in Canada since 1858. The dollar is divided into 100 cents, colloquially known as "sous" in French. To distinguish the Canadian dollar from other dollar-denominated currencies, it is often abbreviated as C$ or CAD$. As of 2011, the currency is the world's seventh most traded currency, accounting for about 5.3% of the global daily share.