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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 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]
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.
The template supports inflation calculation, by way of {{}}.If the second parameter is used, to specify a year, and this year is within a certain range of available inflation data (specifically, if 1688 ≤ year < 2023), the equivalent value represented in 2023 dollars will be calculated in parentheses.
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.
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 ...
The first significant sign was the creation of the two-hundred dollar gold coin. Starting in 1990, this coin was sold for a higher price than its face value. The first coin commemorated the Silver Jubilee of Canada's flag and sold for $395.00. The superstar of this collection would be the Canadian Native Cultures and Traditions coins.
If passed into law, these notes will still retain face value and may still be redeemed at banks in exchange for current banknotes. [9] The current five denominations—$5, $10, $20, $50 and $100—will not be affected at this time, but the government may decide to remove legal tender status from older series versions of these denominations in ...