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Why is the Canadian Dollar crap for international travel?
(piefed.social)
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this post was submitted on 11 Apr 2026
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Nobody wants Canadian money outside of Canada. It means nothing to anyone but us. A US dollar on the other hand is instantly recognizable anywhere and the value is understood. A Canadian bill would be a curiosity.
For a short time the CAD was worth MORE than the USD in exchange, going up to 1.05, and while travelling in the US at that time, we couldn't convince anyone to take CAD even on par. They just wouldn't believe that CAD was worth more.
Nobody wants a us bill outside of the us (with some exceptions)
Every place use their local currency. We're talking about exchange rates here.
Are we talking about people or governments here because many countries have to hold USD in order to buy oil.
Tell that to OP