Canadian dollar exchange in Wroclaw

The official tender and currency in Canada is the dollar: symbol - the symbol C$ or Can$ is also used to distinguish it from the US dollar. Banknotes are issued by the Bank of Canada - the Bank of Canada. The exchange rate of the Canadian dollar on the stock exchange and in the currency exchange office is variable and depends on many factors, such as the economic and political situation and the prices of raw materials, especially crude oil, which is an important export commodity of Canada. It was introduced in 1858, replacing the Canadian pound, and initially the exchange rate was tied to the value of silver and later gold. Currently, the Canadian dollar is a fiat currency whose value is based on confidence in the stability of the Canadian economy. Canadas currency is one of the main reserve currencies in the world and plays a significant role in international trade in raw materials, especially crude oil and natural gas.