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Is it legal to use Canadian coins in the US?
Is it legal, and is it acceptable to use Canadian coins in the US?
I mean, because they are the exact same size, would businesses have the right to refuse me if I tried to give them a Canadian quarter or dime instead of a US one?
Likewise, could I give a roll of dimes or quarters with a few Canadian ones mixed in and still be alright?
I ask this because many times I've gotten a Canadian coin in my chance, and even last week when I got a roll of dimes from the bank, I had two Canadian ones in it!
Thanks
3 Answers
- LibraryannaLv 78 years agoFavorite Answer
The exchange is not equal, so it would be illegal to use a Canadian quarter as if it were an American quarter. There is no requirement for a business to accept foreign money. It is legal to give it to someone who knows what it is and what it is worth, on an exchange. But if they don't know that you are doing that, it's illegal. What you are talking about is fraud.
(Right now, Canadian money is worth a tiny bit more than US, but usually it's less.)
I think what happens is people just don't pay attention to the coins and don't realize that they are getting foreign coins. Especially at the border.
- CarbonDatedLv 78 years ago
It's not illegal, but retailers don't want Canadian coins when the exchange rates between them varies a lot. Right now, the Canadian dollar and the US dollar are very close together, so a non-issue.
