What is a Canadian dollar banknote?

Banknotes of the Canadian dollar are the banknotes or bills (in common lexicon) of Canada, denominated in Canadian dollars (CAD, C$, or $ locally). Currently, they are issued in $5, $10, $20, $50, and $100 denominations. All current notes are issued by the Bank of Canada, which released its first series of notes in 1935.

When did the bank of Canada issue a $100 bill?

The Bank issued the new $100 bill in March, the $20 note in September, and the $50 note in November of 2004. As part of its ongoing efforts to improve the security of Canadian bank notes, the Bank of Canada issued a $10 note with upgraded security features on 18 May 2005 and completed the series with an upgraded $5 note on 15 November 2006.

What is a Canadian dollar?

A Canadian dollar is made up of 100 Canadian cents (₵). Originally tied to value of the British pound, and then the price of gold, since 1931 the Canadian dollar has been a so-called “ free-floating ” currency with a value determined by the international marketplace.