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Accounting for approximately two per cent of all global reserves, as of January 2024 the Canadian dollar is the fifth-most held reserve currency in the world, behind the US dollar, euro, yen, and sterling. [5]
List of all American sovereign state currencies Present currency Country or dependency (administrating country) Currency sign Fractional unit Ref(s) Aruban florin Aruba (Netherlands)
The government fixed the value of the Canadian dollar against the pound sterling ($4.43 buying and $4.47 selling) and also against the US dollar ($1.10 (US$0.9091) buying and $1.11 (US$0.9009) selling). The government also imposed strict currency controls on exchanges with foreign currencies, particularly the United States dollar.
The United States five-thousand-dollar bill was printed from 1861 to 1945. The Bureau of Engraving and Printing continued to issue the notes until 1969. The notes did not see much circulation among the public because they were printed to facilitate transactions between banks.
Property taxes are also expressed in terms of mills per dollar assessed (a mill levy, known more widely in the US as a "mill rate"). For instance, with a millage rate of 2.8₥, a house with an assessment of $100,000 would be taxed (2.8 × 100,000) = 280,000₥, or $280.00.
On 6 May 2023, Prime Minister Justin Trudeau announced that the $20 bill would be updated to feature the new king, Charles III. [1] On December 16, 2024, it was announced that Terry Fox would be featured on the next edition of the $5 banknote, and that Wilfrid Laurier would instead be featured on the next $50 note.
The dollar sign, also known as the peso sign, is a currency symbol consisting of a capital S crossed with one or two vertical strokes ($ or depending on typeface), used to indicate the unit of various currencies around the world, including most currencies denominated "dollar" or "peso".
The most recent Canadian five-dollar note, part of the Frontier series, is predominantly blue and was introduced 7 November 2013, using the same technology found in the other notes of that series. [1]