Canadian Dollar to Ukrainian Hryvnia

The Canadian dollar (symbol: CA$, code: CAD, number 124) is Canada's monetary unit since 1858. It is subdivided into 100 cents. The Canadian currency is among the most traded on the world currency market.

The CAD exchange rate largely depends on the state of the economy of the neighboring United States and the changing position of the US dollar. Although several generations of dollars have already been produced in the country, old issues are still accepted. All banknotes printed after 1935 remain legal tender.

The Ukrainian hryvnia (sign грн, code UAH) serves as the national currency of Ukraine. It is not printed or accepted outside it. Kopiykas are used as change for the Ukrainian hryvnia.

Every UAH has 100 kopiykas. The currency has been in circulation since 1996. Prior to that, there was the karbovantes, and even earlier there was the Soviet ruble. The word “hryvnia” comes for the term “mane”. It defined coins with strings, resembling a bright mane of a golden horse. The word became widespread in old Rus. It was used as a weight measurement.