The dollar (currency code CAD) has been the currency of Canada since 1858. It is normally abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents. The Canadian dollar is the monetary basis for the Canadian economy, with all coins minted by the Royal Canadian Mint and all banknotes printed by the Canadian Bank Note Company and BA International Inc on behalf of the Bank of Canada.