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Currency history

Canadian dollar

Dates in use
Still in use; introduction date not established here
Currency code
CAD
Ancestry branch
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Its place in the family

All ancestors and descendants ↗
Canadian dollar: documented and qualified family connections PARENTS THIS CURRENCY CHILDREN Canadian dollarCanadian dollar CAD Earlier ancestry is not established here. No successor is established here.

Parents 0

Earlier ancestry is not established here.

Canadian dollar

This currency

Children 0

No successor is established here.

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The story

Canada required dollar accounts from December 31, 1857 and issued decimal coins in 1858. [1]

Turning points

Authorization

Canada’s 1853 act, proclaimed August 1, 1854, recognized both pound and dollar accounts; mandatory decimal accounts and coinage followed separately. [2]

Canadian dollar returns to floating

Powell dates Canada’s return to a floating dollar to June 1970. [3]

Sources and evidence

  1. James Powell; Bank of Canada · A History of the Canadian Dollar
  2. James Powell; Bank of Canada · A History of the Canadian Dollar
  3. James Powell; Bank of Canada · A History of the Canadian Dollar

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Cite this page

“Canadian dollar.” The Family Tree of Money. © Field Technologies, Inc. Updated 2026-10-14; data version v49. https://familytreeofmoney.org/currency/T-FTM000492.html

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