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What currency is cad?
Canadian dollars.

Cad is the currency code of Canadian dollar, and the lowercase letter is: CAD. It stands for Canadian dollar. Canadian dollar, abbreviation: Canadian dollar, alias: Canadian dollar, international code: cad, its exchange rate against RMB is also called Canadian dollar price and Canadian dollar quotation. The English name of Canadiandollar is Canadian dollar, and the symbol is C$, which is the official currency of Canada.

floating rate

1before may 2, 962, Canada implemented a floating exchange rate. 1971August 15, the Canadian dollar began to adopt a floating exchange rate. The Canadian government has not stipulated that its currency must be guaranteed by minimum gold and foreign exchange.

Since the Bank of Canada 1935, Canada has issued six series of banknotes, namely 1935, 1937, 1954, Canadian Scenery, Birds and Canada Journey Series. 1935, Canada issued the first batch of bank notes, which were printed in English and French respectively, but later series of bank notes were printed in English and French. The redesigned banknote series was issued in 1937, 1954 and 1969, and the latest banknote was issued in 1986.