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In 1987, the Mint introduced a new one dollar coin. It normally features a loon on the reverse. Nicknamed the loonie, it replaced both the one dollar note issued by the Bank of Canada [18] and the Voyageur dollar. For the list of commemorative one dollar coins issued by the Mint since 1987, see: Loonie.
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.
On May 4, 1910, the Canadian government passed an amendment to the Currency Act (Bill 195) which, among other things, called for the requirement of a Canadian silver dollar. [3] James Bonar, Deputy Master of the Royal Mint, had ordered the master dies for this new dollar on November 10, 1910. Production of the dies was delayed, and they were ...
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. [54] [56]
Scenes of Canada is the fourth series of banknotes of the Canadian dollar issued by the Bank of Canada.It was first circulated in 1970 to succeed the 1954 Canadian Landscape series and was followed by the 1986 Birds of Canada banknote series.
The voyageur design was used on the dollar until 1986. [1] It was then replaced with the 1987 Canadian 1-dollar coin (colloquially known as the "loonie"). 1967 marked the end of the silver dollar as a business strike, or a coin issued for circulation. After 1967, the dollar coin was made of nickel, except for non-circulating commemorative ...
There are six denominations of Canadian circulation coinage in production: 5¢, 10¢, 25¢, 50¢, $1, and $2. Officially they are each named according to their value (e.g. "10-cent piece"), but in practice only the 50-cent piece is known by that name.
Banknotes of the Canadian dollar are the banknotes or bills (in common lexicon) of Canada, denominated in Canadian dollars (CAD, C$, or $ locally). 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.