SAFE to CAD Converter and calculator


Conversion rates
Convert SAFE to CAD
Convert CAD to SAFE
SAFE to CAD chart
SAFE to CAD conversion data: Volatility and price changes of Safe Token in CAD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.6361 CAD | 0.6505 CAD | 0.8488 CAD | 1.2 CAD |
Low | 0.6041 CAD | 0.5887 CAD | 0.5172 CAD | 0.4865 CAD |
Average | 0 CAD | 0 CAD | 0 CAD | 0 CAD |
Volatility | % | % | % | % |
Change | +3.44% | +2.04% | -25.03% | -45.11% |
Safe information
SAFE to CAD market statistics
Current SAFE to CAD exchange rate
Safe to Canadian Dollar is rising this week.More info about Safe on Bitget
Canadian Dollar information
About the Canadian Dollar (CAD)
What Is the Canadian Dollar (CAD)?
The Canadian dollar, symbolized as $ and often abbreviated as CAD, is the official currency of Canada. It's divided into 100 cents (¢). Unique to Canada, the dollar coin is commonly referred to as the "loonie," a nod to the image of a loon on its reverse side. The Canadian dollar is the sole legal tender in Canada. It holds a significant position in the global economy, being the sixth-most held reserve currency worldwide, favored for Canada's economic stability and strong sovereign position.
The Canadian dollar (CAD) is issued by the Bank of Canada, which is the central bank of the country. Established in 1934, the Bank of Canada is responsible for formulating Canada's monetary policy, issuing banknotes, regulating and supporting Canada's principal systems for clearing and settling payments, and promoting a safe and efficient financial system. The design and production of Canadian banknotes are overseen by the Bank of Canada, with a focus on ensuring their security and integrity as legal tender.
What Is the History of CAD?
In the early 19th century, Canada saw a mix of currencies, including British pounds, U.S. dollars, and Spanish dollars, circulating within its borders. As trade with the United States intensified, the necessity for a unified currency became clear, leading to the introduction of the Canadian dollar in 1858. This strategic move, aligning the Canadian dollar at par with the U.S. dollar, marked a significant shift from the previously dominant British pound and adopted the decimal system, simplifying transactions and distancing itself from the British pounds, shillings, and pence system. The gold standard, a mainstay of international finance, was adopted in 1853 but abandoned during World War I. Throughout the 19th and 20th centuries, the Canadian dollar underwent various changes, including pegs to the U.S. dollar during and post World War II. In 1950, Canada transitioned to a floating currency, allowing the Canadian dollar to occasionally trade above the U.S. dollar, until 1962 when it was pegged again at $0.925 USD. This peg remained until 1970, after which the Canadian dollar was allowed to float freely once more. The following decades witnessed the Canadian dollar's highs and lows, influenced by global economic trends, domestic policies, and Canada's significant exports, particularly in natural resources like oil.
Notes and Coins of CAD
The coinage includes the penny (1¢), which, although no longer produced or widely circulated, remains legal tender. The nickel (5¢), dime (10¢), quarter (25¢), and half dollar (50¢). Notably, the loonie and toonie, one and two-dollar coins, are essential for daily transactions in Canada.
Canadian banknotes, made from durable polymer, celebrate the nation's history and achievements. The $5 note pays tribute to Sir Wilfrid Laurier and space exploration, the $10 to Sir John A. Macdonald and Canada's landscapes, and the $20 to Queen Elizabeth II and the Vimy Memorial, symbolizing royal and military heritage. The $50 and $100 notes feature former Prime Ministers and themes of Arctic sovereignty and medical advancements.
Is CAD the Same Value as the USD?
No, the Canadian Dollar (CAD) is not the same value as the United States Dollar (USD). Although both currencies are called "dollars," they have different values on the foreign exchange market. As of January 2024, 1 Canadian Dollar was worth approximately 0.75 US Dollars. This exchange rate means that the Canadian Dollar is less valuable than the United States Dollar, so you would need more than one CAD to purchase one USD. However, it's important to note that exchange rates are constantly changing, so the exact value can vary from day to day.
Is CAD a Strong Currency?
The Canadian dollar, commonly referred to as the "loonie," is considered a relatively strong and stable currency, primarily due to Canada's sound economic fundamentals. While it doesn't match the supremacy of the US dollar or the Euro in global finance, it holds its own respectably. As of January 2024, 1 Canadian dollar was equivalent to approximately 0.75 US dollars, demonstrating its moderate strength in the foreign exchange market. The strength of the Canadian dollar is influenced by various factors, including Canada's political stability, a robust banking system, and a wealth of natural resources. Additionally, Canada's close trading relationship with the United States also plays a significant role in the currency's valuation. The Canadian dollar's value can fluctuate based on global oil prices, given the country's status as a major oil exporter.
Popular conversions










Hot promotions
How to convert SAFE to CAD



Buy
Sell
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|
Popular Safe Converter









Popular cryptocurrencies to CAD










SAFE to CAD Conversion tables
Amount | 21:20 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SAFE | C$0.3135 | C$0.3031 | +3.44% |
1 SAFE | C$0.6270 | C$0.6062 | +3.44% |
5 SAFE | C$3.14 | C$3.03 | +3.44% |
10 SAFE | C$6.27 | C$6.06 | +3.44% |
50 SAFE | C$31.35 | C$30.31 | +3.44% |
100 SAFE | C$62.7 | C$60.62 | +3.44% |
500 SAFE | C$313.51 | C$303.08 | +3.44% |
1000 SAFE | C$627.02 | C$606.15 | +3.44% |
SAFE to CAD FAQ
What factors influence the conversion rate of SAFE to CAD?
Purchase other cryptocurrencies with similar market cap











Other crypto price predictions










Discover more cryptocurrencies
Latest coin listings on Bitget
