British Columbia Canada Currency Basics and Essentials

In British Columbia, Canada, the official currency is the Canadian dollar, denoted by the symbol CAD.

The Canadian dollar is divided into 100 cents, with coins ranging from 1 cent to $2, and bills from $5 to $100.

You can exchange your money for Canadian dollars at banks, currency exchange offices, or some hotels and resorts.

Tourist-friendly places like Vancouver and Whistler often have ATMs that accept international cards, making it easy to access cash.

You might enjoy: Do You Need to Exchange Currency in Canada

Paying with foreign currency can be a challenge in British Columbia, Canada. Many places don't accept it, so it's best to exchange your money for Canadian dollars first.

You can exchange your currency at a bank or a legal currency exchange establishment for the best rates. Click HERE for a listing of places in Victoria.

It's always advisable to pay for your purchases with Canadian dollars to avoid any issues.

Broaden your view: Td Canada Trust Foreign Currency Exchange

Currency in British Columbia is a fascinating topic. The BC pound was introduced in 1866 as the official currency, and it's still used today.

You'll notice that amounts of money are written in a unique way, such as £2.6s.6d, which is two pounds, six shillings, and sixpence. This is commonly read as "two pounds six and six."

The pound is colloquially called a "quid", and a shilling is called a "bob." Two shillings is called a "florin", and 21 shillings is called a "guinea", although this term is mainly used for lawyers' fees and auctions.

Banknotes are printed in denominations of £5, £10, £25, £50, £100, £500, and £1000. Coins are minted in various denominations, including 1d (a penny), 3d (threepence), 6d, 1s, 1 florin (2s), and £1.

If you're traveling from other countries, it's essential to know the exchange rates. Here's a list of exchange rates between the BC pound and other currencies: