The Yen The Yen One dollar Canadian converted to Japanese Yen would be approximately 85¥. The word Yen literally means circle. Coins come in 1 Yen, 5 Yen, 10 Yen, 50 Yen, 100 Yen and 500 Yen Bills come in 1,000 Yen, 2,000 Yen (very rare), 5,000 Yen and 10,000 Yen. The sub currency of yen is 100 sen, though sen are not used in everyday life anymore.
The Franc • The sub currency of Francs is 100 centimes • Many countries use the Communauté Financière Africaine Francs. One Canadian dollar is worth 406.361 of these francs. Some of the countries using the Communauté Financière Africaine Francs are Benin, Cameroon, Central African Republic, Chad, Congo/Brazzaville, Gabon, Ivory Coast and Togo. • Switzerland also uses the franc but the converted value of one Canadian dollar is 0.958067 francs. • Guinea- 2,271.51 francs • Djibouti- 140.371 francs
The Lira • One Canadian dollar would be 1,063,571.81 Turkey Liras. (TL) • The conversion for New Turkish Liras is 1.0637. (YTL) • Malta used pounds in the past, but is currently using the Lira. The conversion of one Canadian dollars to Maltese Liras is 0.268134 Liras
The Rupee • The sub currency for the Rupee is 100 paisa, paise or cents, depending on which version of the Rupee being used. • In India, one Canadian dollar is worth 35.5229 Indian rupees • In Mauritius the conversion is 23.3042 Mauritius rupees. • Nepal- 57.6342 Nepal rupees • Pakistan- 48.2017 Pakistan rupees • Seychelles- 4.39449 Seychelles rupees • Sri Lanka- 80.4034 Sri Lanka rupees Country Sub Currency India paise Mauritius cents Nepal paisa Pakistan paisa Seychelles cents Sri Lanka cents
The Real • In Brazil, one real is equivalent to 100 centavos. • One Canadian dollar converted into reals would be 2.09015 Brazil Reais.
TheYuan • China is the only country with the Yuan as currency. • The sub currency of 1 yuan is 10 fen • The conversion of one Canadian dollar is 6.72248 China Yuan Renminbi
The Krone Country Conversion (1 dollar Canadian) Greenland, Denmark 4.62559 Denmark Kroner Norway 5.15537 Norway Kroner • The sub currency of one krone is 100 ore
The Impact on Canada’s Economy There is a direct impact on most Canadians by the exchange rate of the Canadian dollar. It influences the products that are purchased-whether they are foreign or Canadian-made products. Since the Canadian dollar has a lessened value than some other currencies, foreign markets are attracted to Canadian goods. The negative impact is that it is more expensive for Canadian citizens and businesses to buy foreign products.
Bibliography • http://canadianeconomy.gc.ca/english/economy.html • http://www.rubicon.com/passport/currency/currency.html • http://fx.sauder.ubc.ca/currency_table.html • http://www.jjb.com/client/JJB/JJB+UW_V504_MainEngine.nsf/resources/Global+Views+2004/$file/National+Economic+Report.pdf • http://worldatlas.com/aatlas/infopage/currency.htm • http://www.japan-guide.com/e/e2196.html