In January of 2021, multiple denominations of official Bank of Canada paper currency were no longer recognized as legal tender. By performing some basic research into the serial numbers of paper bills, you can find out the true value of your outdated currency. With the changes in the making regarding formalizing Canadian currency, the value of what is now unrecognized currency has become a question. Because Canada has the paper bills history it does, moving to a more formal currency system has left a lot of paper money unusable but still valuable. You can tell Canadian paper money value by serial numbers by researching serial number databases. If you have old bills lying around, it’s worth learning how to tell Canadian paper money value by serial numbers. Some of it is worth much more than its assigned denomination.
Canada has a diverse history with paper currency, including many forms of bills that lack basic security features.
