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The Canadian dollar (symbol : $ ; code: CAD) is the currency of Canada.It is abbreviated with the dollar sign $ , or sometimes C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.he Canadian dollar's value against the U.S. dollar rose sharply in 2007 because of the continued strength of the Canadian economy and the U.S. currency's weakness on world markets. During trading on September 20, 2007 it met the U.S. dollar at parity for the first time since November 25, 1976.
The Bermudian dollar (symbol : $ ; code: BMD; also abbreviated BD$) is the official currency of the British Overseas Territory of Bermuda. It is subdivided into 100 cents.The Bermudian dollar is not normally traded outside of Bermuda, and is pegged to the United States dollar at a one-to-one ratio.Both currencies circulate in Bermuda on an equal basis.ith U.S. and Canadian coins regularly appearing in circulation in Bermuda and the possibility of the devaluation of the pound sterling, Bermuda was compelled to adopt its own decimal currency. On 6 February 1970, Bermuda introduced a new decimal currency in the form of a dollar.