when did canada change from pounds to dollars
History of the Canadian dollar During the mid-19th century, there was a policy disagreement between the British and the colonial governments. The British wanted all the colonies to continue to use sterling, to facilitate trade within the Empire. The Canadian colonies, both in the east and British Columbia, increasingly favoured linking their currencies to the US dollar, given the strong local trade links.[26] Eventually, the local trade won out and the Canadian colonies migrated to currencies linked to the US dollar.[3]
Decimalisation India changed from the rupee, anna, pie system to decimal currency on 1 April 1957.
Canadian dollar On September 28, 2007, the Canadian dollar closed above the U.S. dollar for the first time in 30 years, at US$1.0052.[31] On November 7, 2007, it hit US$1.1024 during trading, a modern-day high[32] after China announced it would diversify its US$1.43 trillion foreign exchange reserve away from the U.S. dollar. By November 30, however, the Canadian dollar was once again at par with the U.S. dollar, and on December 4, the dollar had retreated back to US$0.98, through a cut in interest rates made by the Bank of Canada due to concerns about exports to the U.S.
Alonso Álvarez de Pineda