The Canadian dollar is the currency used on Prince Edward Island.

Many operators and retailers will accept American dollars, but not always at the official exchange rate. Businesses do not usually accept other foreign currencies. It is recommended that you convert your national currency into Canadian dollars before you leave home.

If you are visiting from another country, you may want to use our Foreign Exchange table to help you with your vacation planning.

Travellers cheques are recommended as an alternative to carrying large amounts of cash.

When making a reservation, ask the operator about the cancellation of deposits, accepted credit cards, and the establishment's policies on refunds and late arrivals.

Tax Information

The Harmonized Sales Tax (HST) for PEI is 14%. This is a combination of  the federal 5% Goods and Services Tax (GST) and the 9% Provincial Services Tax (PST). Only GST (5%) is applied to heating oil, children's clothing, children's footwear, and books.