Can I use USD in Canada?

10/5/2011 7:55:25 AM

Anecdotal answer: I’ve been in Vancouver a week now, and noticed I keep being given American coins as change. Certainly the pennies, nickels, dimes and quarters seem interchangeable; the locals never even blink at accepting them.

9/6/2011 4:43:51 PM

No. I’ve lived in Montreal and Toronto and the occasional place will take US dollars, but most places will just laugh at you, perhaps in French. If they do take it, they might give you 80 cents on the dollar or so.

Just use credit for everything. There’s really no reason not to.

9/6/2011 10:02:07 AM

Usually, yes. But now that the US dollar isn’t more valuable (and is fluctuating wildly from week to week) I’ve noticed more places not taking it or taking it at a steep discount. You won’t get the value you used to out of it.

It’s always a good idea to have some local currency on hand no matter where you’re going. A credit card will also work, though there can be fees and poor exchange rates on that too depending on the card. Also if you intend to use it, call up the credit card company and tell them where you’re going so you don’t trigger an anti-fraud security check.

9/6/2011 9:12:43 AM

In most border towns you can, further away not. Sometimes they might also give you small change back in CAD, or charge you a small fee for using USD.

If you exchange the money in a bank you will get a much better rate. Try to pay with your Credit card whenever possible.

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