Search results
Results from the WOW.Com Content Network
Scenes of Canada is the fourth series of banknotes of the Canadian dollar issued by ... although both the $1 bill and the loonie were ... 1973–1984: $1, $2, $5 ...
This was the last series to feature a $1 banknote, with the banknote replaced by a dollar coin – known as a loonie for its design of a loon on the obverse – in 1987; printing of the $1 banknote ceased in 1989. However, there was a 21-month period where both the $1 bill and coin were produced concurrently, from June 1987 to April 1989. [17]
As of December 31, 2016, the total value of provincial, Dominion, chartered bank, and discontinued Bank of Canada denominations still outstanding is $1.139 billion, of which more than $765 million is in $1,000 notes. [8] The liability for this amount remains on the Bank of Canada's books up to the present day.
One interesting thing about money is that although paper notes usually have a higher currency value than coins, you'll make a lot more money from coins on the collectibles market. The most valuable...
As such, it seems you'll get the most value in trade if you find the weird serial number on a lower denomination -- getting $200 for a dollar bill is a lot more profitable than the same amount for ...
The government fixed the value of the Canadian dollar against the pound sterling ($4.43 buying and $4.47 selling) and also against the US dollar ($1.10 (US$0.9091) buying and $1.11 (US$0.9009) selling). The government also imposed strict currency controls on exchanges with foreign currencies, particularly the United States dollar.
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 (the "loonie") was released in 1987. The $1 banknote remained in issue and in circulation alongside the one-dollar coin for the next two years, until it was withdrawn in 1989.
The high point was on April 25, 1974, when it reached US$1.0443. [39] The Canadian dollar fell in value against its American counterpart during the technological boom of the 1990s that was centred in the United States, and was traded for as little as US$0.6179 on January 21, 2002, which was an all-time low. [40]