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  1. Canadian dollar - Wikipedia

    The Canadian dollar's value against the U.S. dollar rose sharply in 2007 because of the continued strength of the Canadian economy and the U.S. currency's weakness on world markets. During trading on September 20, 2007, it met the U.S. dollar at parity for the first time since November 25, 1976.

    • History

      In 1841, the Province of Canada adopted a new system based...

    • Terminology

      Canadian English, like American English, used the slang term...

    • Coins

      Coins are produced by the Royal Canadian Mint's facilities...

    • Banknotes

      The first paper money issued in Canada denominated in...

    • Legal tender

      Canadian dollar banknotes issued by the Bank of Canada are...

    • Canadian Five-Dollar Note

      Current note. The current five-Canadian dollar note, part of...

  2. History of the Canadian dollar - Wikipedia

    The value of the dollar continued to be set by reference to the British sovereign and the American eagle, at the rate of 4.8666 Canadian dollars equal to £1, and ten Canadian dollars equal to the ten-dollar American eagle, the same rates as set in the 1853 Province of Canada legislation.

  3. The Canadian dollar is the national currency of Canada. It has been used since 1858. The Canadian dollar is also used in Saint Pierre and Miquelon along with the Euro. Other websites. Heiko Otto (ed.). "Banknotes of Canada" (in English, German, and French)

  4. Coins of the Canadian dollar - Wikipedia
    • Overview
    • Denominations
    • Developments in coinage
    • Production
    • Coins of the Colonies
    • Coins of Canada

    The coins of Canada are produced by the Royal Canadian Mint and denominated in Canadian dollars and the subunit of dollars, cents. An effigy of the reigning monarch always appears on the obverse of all coins. There are standard images which appear on the reverse, but there are also commemorative and numismatic issues with different images on the reverse.

    There are six denominations of Canadian circulation coinage in production: 5¢, 10¢, 25¢, 50¢, $1, and $2. Officially they are each named according to their value, but in practice only the 50-cent piece is known by that name. The three smallest coins are known by the traditional names "nickel", "dime", and "quarter", and the one-dollar and two-dollar coins are called the "loonie" and the "toonie" respectively. The production of the Canadian 1-cent piece was discontinued in 2012, as ...

    The most significant recent developments in Canadian coinage were the introduction of $1 and $2 coins and the withdrawal of the one cent piece. The $1 coin was released in 1987. The $1 banknote would remain in issue and in circulation alongside the one dollar coin for the next two years, until it was withdrawn in 1989. The coin was to be the voyageur-design silver dollar coins that had previously been in limited circulation. The dies were lost or stolen in November 1986, requiring a redesign. Th

    Canadian coins are issued by the Royal Canadian Mint and struck at their facilities in Winnipeg. All special wording on commemorative coins appears in both of Canada's languages, English and French. All of the standard wording on the reverse sides of non-commemorative coins is identical in both languages. On the obverse sides, the name and title of the Canadian Monarch appear in an abbreviated-Latin circumscription. Currently, this reads "ELIZABETH II D. G. REGINA". The initials stand for "Dei G

    Beginning in 1858, various colonies of British North America started issuing their own coins denominated in cents, featuring the likeness of Queen Victoria on the obverse. These replaced the sterling coins previously in circulation. The Province of Canada was the first to issue decimal coins. They were based on the value of the American dollar, due to an influx of American silver. Denominations issued were 1¢, 5¢, 10¢, and 20¢. The 1¢ coin was issued again in 1859, but it was very ...

    In 1867, the British parliament passed The British North America Act, 1867, uniting the Province of Canada, Nova Scotia, and New Brunswick into a single country. Coins of the three former colonies continued to circulate until 1870, with all being legal tender throughout the country. As other colonies subsequently entered confederation, they dropped their colonial coinage and adopted the national Canadian currency.

  5. Canadian dollar - Wikipedia

    The Canadian dollar (seembol: $; code: CAD) (French: Dollar canadien) is the siller o Canadae.It is abbreviatit wi the dollar sign $, or sometimes Can$ or C$ to distinguish it frae ither dollar-denominatit sillers.

  6. Canadian silver dollar - Wikipedia
    • Overview
    • Varieties
    • 1982 planchet varieties

    The Canadian silver dollar was first issued by the Royal Canadian Mint in 1935 to commemorate the Silver Jubilee of King George V. The coin's reverse design was sculpted by Emanuel Hahn and portrays a voyageur and a person of Indigenous descent paddling a birch-bark canoe. The faint lines in the background represent the Northern Lights. The voyageur design was used on the dollar until 1986. It was then replaced with the 1987 Canadian 1-dollar coin. 1967 marked the end of the silver dollar as a b

    The 1982 nickel dollar exists on a rolled thin planchet. The normal planchet has a weight of 15.62 grams, a diameter of 32.13 mm, and a thickness of 2.50 mm. The thin planchet consists of incomplete reeding. Its weight is 7.78 grams, a diameter of 31.82 mm, and a thickness of 1.50 mm. It is believed that only two exist.

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    • History: from The Canadian Pound to The Canadian Dollar
    • Terminology
    • Coins
    • Banknotes
    • Legal Tender
    • Value
    • Reserve Currency
    • See Also
    • External Links

    The 1850s were a decade of wran­gling over whether to adopt a ster­ling mon­e­tary sys­tem or a dec­i­mal mon­e­tary sys­tem based on the US dol­lar. The British North Amer­i­can provinces, for rea­sons of prac­ti­cal­ity in re­la­tion to the in­creas­ing trade with the neigh­bour­ing United States, had a de­sire to as­sim­i­late their cur­ren­cies with the Amer­i­can unit, but the im­pe­r­ial au­thor­i­ties in Lon­don still pre­ferred ster­ling as the sole cur­rency through­out the British Em­pire. The British North Amer­i­can provinces nonethe­less grad­u­ally adopted cur­ren­cies tied to the Amer­i­can dol­lar.

    Cana­dian Eng­lish, like Amer­i­can Eng­lish, used the slang term "buck" for a for­mer paper dol­lar. The Cana­dian ori­gin of this term de­rives from a coin struck by the Hud­son's Bay Com­pany dur­ing the 17th cen­tury with a value equal to the pelt of a male beaver – a "buck". Be­cause of the ap­pear­ance of the com­mon loon on the back of the $1 coin that re­placed the dol­lar bill in 1987, the word "loonie" was adopted in Cana­dian par­lance to dis­tin­guish the Cana­dian dol­lar coin from the dol­lar bill. When the two-dol­lar coin was in­tro­duced in 1996, the de­riv­a­tive word "toonie" ("two loonies") be­came the com­mon word for it in Cana­dian Eng­lish slang. In French, the cur­rency is also called le dollar; Cana­dian French slang terms in­clude piastre or piasse (the orig­i­nal word used in 18th-cen­tury French to trans­late "dol­lar") and huard (equiv­a­lent to "loonie", since huard is French for "loon," the bird ap­pear­ing on the coin). The French pro­nun­ci­a­tion o...

    Coins are pro­duced by the Royal Cana­dian Mint in Win­nipeg, Man­i­toba, and Ot­tawa, On­tario, in de­nom­i­na­tions of 5¢ (nickel), 10¢ (dime), 25¢ (quar­ter), 50¢ (50¢ piece) (though the 50¢ piece is no longer dis­trib­uted to banks and is only avail­able di­rectly from the mint, there­fore see­ing very lit­tle cir­cu­la­tion), $1 (loonie), and $2 (toonie). The last 1¢ (penny) to be minted in Canada was struck on Fri­day May 4, 2012, and ceased its dis­tri­b­u­tion on Feb­ru­ary 4, 2013.Ever since, the price for a cash trans­ac­tion may be rounded to the near­est five cents. The penny con­tin­ues to be legal ten­der, al­though they are only ac­cepted as pay­ment, and not given back as change. The stan­dard set of de­signs has Cana­dian sym­bols, usu­ally wildlife, on the re­verse, and an ef­figy of Eliz­a­beth II on the ob­verse. Some pen­nies, nick­els, and dimes re­main in cir­cu­la­tion that bear the ef­figy of George VI. It is also com­mon for Amer­i­can coinsto be found amon...

    The first paper money is­sued in Canada de­nom­i­nated in dol­lars were British Army bills, is­sued be­tween 1813 and 1815. Cana­dian dol­lar bank notes were later is­sued by the char­tered banks start­ing in the 1830s, by sev­eral pre-Con­fed­er­a­tion colo­nial gov­ern­ments (most no­tably the Province of Canada in 1866), and after con­fed­er­a­tion, by the Do­min­ion of Canada start­ing in 1870. Some mu­nic­i­pal­i­ties also is­sued notes, most no­tably de­pres­sion scripdur­ing the 1930s. On July 3, 1934, with only 10 char­tered banks still is­su­ing notes, the Bank of Canada was founded. It took over the fed­eral is­suance of notes from the Do­min­ion of Canada. It began is­su­ing notes in de­nom­i­na­tions of $1, $2, $5, $10, $20, $25, $50, $100, $500 and $1000. In 1944, the char­tered banks were pro­hib­ited from is­su­ing their own cur­rency, with the Royal Bank of Canadaand the Bank of Mon­treal among the last to issue notes. Sig­nif­i­cant de­sign changes to the notes have...

    Cana­dian dol­lar ban­knotes is­sued by the Bank of Canada are legal ten­derin Canada. How­ever, com­mer­cial trans­ac­tions may legally be set­tled in any man­ner agreed by the par­ties in­volved. Legal ten­der of Cana­dian coinage is gov­erned by the Cur­rency Act, which sets out lim­its of: 1. $40 if the denomination is $2 or greater but does not exceed $10; 2. $25 if the denomination is $1; 3. $10 if the denomination is 10¢ or greater but less than $1; 4. $5 if the denomination is 5¢; 5. 25¢ if the denomination is 1¢. Re­tail­ers in Canada may refuse bank notes with­out break­ing the law. Ac­cord­ing to legal guide­lines, the method of pay­ment has to be mu­tu­ally agreed upon by the par­ties in­volved with the trans­ac­tions. For ex­am­ple, stores may refuse $100 bank notes if they feel that would put them at risk of being coun­ter­feitvic­tims; how­ever, of­fi­cial pol­icy sug­gests that the re­tail­ers should eval­u­ate the im­pact of that ap­proach. In the case that no mu­tu...

    Since 76.7% of Canada's ex­ports go to the U.S., and 53.3% of im­ports into Canada come from the U.S.Cana­di­ans are in­ter­ested in the value of their cur­rency mainly against the U.S. dol­lar. Al­though do­mes­tic con­cerns arise when the dol­lar trades much lower than its U.S. coun­ter­part, there is also con­cern among ex­porters when the dol­lar ap­pre­ci­ates quickly. A rise in the value of the dol­lar in­creases the price of Cana­dian ex­ports to the U.S. On the other hand, there are ad­van­tages to a ris­ing dol­lar, in that it is cheaper for Cana­dian in­dus­tries to pur­chase for­eign ma­te­r­ial and busi­nesses. The Bank of Canada cur­rently has no spe­cific tar­get value for the Cana­dian dol­lar and has not in­ter­vened in for­eign ex­change mar­kets since 1998.The Bank's of­fi­cial po­si­tion is that mar­ket con­di­tions should de­ter­mine the worth of the Cana­dian dol­lar, al­though the BoC oc­ca­sion­ally makes minor at­tempts to in­flu­ence its value. On world mar­...

    A num­ber of cen­tral banks (and com­mer­cial banks) keep Cana­dian dol­lars as a re­serve cur­rency. The Cana­dian dol­lar is con­sid­ered to be a bench­mark currency. In the econ­omy of the Amer­i­cas, the Cana­dian dol­lar plays a sim­i­lar role to that of the Aus­tralian dol­lar (AUD) in the Asia-Pa­cific re­gion. The Cana­dian dol­lar (as a re­gional re­serve cur­rency for bank­ing) has been an im­por­tant part of the British, French and Dutch Caribbean states’ economies and fi­nance sys­tems since the 1950s. The Cana­dian dol­lar is held by many cen­tral banks in Cen­tral and South Amer­ica as well. By ob­serv­ing how the Cana­dian dol­lar be­haves against the U.S. dol­lar, for­eign ex­change econ­o­mists can in­di­rectly ob­serve in­ter­nal be­hav­iours and pat­terns in the U.S. econ­omy that could not be seen by di­rect ob­ser­va­tion. The Cana­dian dol­lar has fully evolved into a global re­serve cur­rency only since the 1970s, when it was floated against all other world cu...

  8. Banknotes of the Canadian dollar - Wikipedia
    • Overview
    • History
    • Counterfeiting
    • Withdrawn denominations
    • List of Bank of Canada banknote series

    Banknotes of the Canadian dollar are the banknotes or bills of Canada, denominated in Canadian dollars. Currently, they are issued in $5, $10, $20, $50, and $100 denominations. All current notes are issued by the Bank of Canada, which released its first series of notes in 1935. The Bank of Canada has contracted the Canadian Bank Note Company to produce the Canadian notes since then. The current series of polymer banknotes were introduced into circulation between November 2011 and November 2013.

    The first paper money issued in Canada denominated in dollars were British Army notes, issued between 1813 and 1815 in denominations between $1 and $400. These were emergency issues due to the War of 1812. The first banknotes were issued in 1817 by the Montreal Bank.

    Efforts to reduce counterfeiting in recent years have sharply reduced the number of counterfeit notes in circulation. The number of counterfeit notes passed annually in Canada peaked in 2004, when 553,000 counterfeit notes were passed. Counterfeiting has decreased annually since that peak, with only 53,536 notes passed in 2010. The new Frontier series of banknotes significantly improves security primarily by using a polymer substrate to make up the note instead of the previously used fabric. Eve

    The 1935 series was the only series to have included $25 and $500 denominations. Both denominations were short lived. The $25 note was withdrawn on May 18, 1937. Stacks of unissued 1935 $500 notes were destroyed in February 1938, and issued $500 notes were recalled and withdrawn from circulation five months later. Some of the most significant recent developments in Canadian currency were the withdrawal of the $1, $2, and $1,000 notes in 1989, 1996, and 2000 respectively. The $1 and $2 denominati

  9. Loonie - Wikipedia

    The loonie (French: huard), formally the Canadian one-dollar coin, is a gold-coloured coin that was introduced in 1987 and is produced by the Royal Canadian Mint at its facility in Winnipeg. The most prevalent versions of the coin show a common loon , a bird found throughout Canada, on the reverse and Queen Elizabeth II , the nation's head of ...

    • 26.5 mm
    • 1.95 mm
    • 6.27 g
    • 1 CAD
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