Terms and Conditions
All Bank of Canada exchange rates are indicative rates only, obtained from averages of aggregated price quotes from financial institutions. Please read our full Terms and Conditions for details.
Conversions are based on Bank of Canada nominal noon exchange rates, which are published each business day at about 12:30 ET.
- Effective 1 January 2007, the euro replaces the Slovenian tolar.
- Effective 1 July 2007, the Ghana cedi was re-denominated and is now worth 10,000 old cedis. Therefore, as of 3 July 2007, the noon rates calculated for this currency, and published by the Bank of Canada, will refer to the new cedi, quoted to four decimal places.
- Effective 1 January 2008, the Venezuelan bolivar has been redenominated and is referred to as the bolivar fuerte, quoted to four decimal places.
- Effective 1 January 2009, the euro replaces the Slovak koruna.
- The Argentine peso (local) was terminated on 16 March 2012 and has been replaced with a new data series that provides a better representation of wholesale market quotes for the currency.
- Effective 2 April 2012, the Myanmar kyat was redenominated and moved from a fixed exchange rate to a floating exchange rate. Noon rates from 2 April 2012 to 23 August 2012 have been restated with representative rates to reflect the change in calculation methodology.
Why is the Currency I'm Looking for Not Listed Here?
The Bank currently collects data for about 55 foreign currencies. This data is intended primarily for people with a research interest in foreign exchange markets, and represents a sampling of currencies from various regions. It is not meant to be an exhaustive listing of all world currencies.
Are the Exchange Rates Shown Here Accepted by Canada Revenue Agency?
Yes. The Agency accepts Bank of Canada exchange rates as the basis for calculations involving income and expenses that are denominated in foreign currencies.