Canadian dollar

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dollar
Country: CanadaCanada Canada
Subdivision: 100 cents
ISO 4217 code : CAD
Abbreviation: $, C $, can $
Exchange rate :
(August 24, 2020)

EUR  = 1.557 CAD
1 CAD = 0.642 EUR

CHF  = 1.447 CAD
1 CAD = 0.691 CHF

Exchange rate between the euro and the Canadian dollar since 1999

The Canadian dollar (English Canadian dollar , French dollar canadien ) is the currency of Canada .

One dollar is divided into 100 cents . It is issued by the Bank of Canada .

The US dollar was introduced in Canada through the Uniform Currency Act / Loi sur l'uniformité de la monnaie in April 1871. The Canadian provinces thus all received a single currency.

The Canadian dollar was until 10 April 1933, gold covered .

In colloquial language, the Canadian dollar is called buck (eng.) (Unsafe from buck (skin) = billy goat (leather) as an early barter item ) or piastre (French). Another name is loonie (eng.) Or huard (frz.), Which means both the one-dollar coin and, metonymically, the currency as a whole. The name is derived from the image of an ice diver (English loon , French huard ) on the reverse of the coin. The coins are minted by the public company Royal Canadian Mint , banknotes are produced by the Canadian Bank Note Company and BA International Inc (formerly British American Banknote Company Ltd ). There is a special feature of the two-dollar coin (also called toonie ). Coins, which were minted in 2017, show a northern light on one side, which actually shines in the dark.

Coins

The course coins of the Canadian dollar have been minted in Winnipeg since 1973 in the two national languages ​​English and French and are issued by the Royal Canadian Mint . The Canadian head of state, Queen Elizabeth II , adorns the obverse of all coins. It should be noted that the 50-cent pieces are practically no longer in circulation.

value designation composition front back Weight diameter thickness Circulation
1 ¢ engl. (coll.) Penny
French Cent or Sou
94% St , 1.5% Ni , 4.5% Cu
(surface: Cu)
Elizabeth II Maple leaf 2.35 g 19.05 mm 1.45 mm until February 4, 2013
5 ¢ engl. nickel 94.5% St, 3.5% Cu, 2% Ni
(surface: Ni)
Elizabeth II beaver 3.95 g 21.2 mm 1.76 mm Yes
10 ¢ engl. dime 92% St, 5.5% Cu, 2.5% Ni
(surface: Ni)
Elizabeth II the bluenose 1.75 g 18.03 mm 1.22 mm Yes
25 ¢ engl. Quarter 94% St, 3.8% Cu, 2.2% Ni
(surface: Ni)
Elizabeth II caribou 4.4 g 23.88 mm 1.58 mm Yes
50 ¢ engl. Half dollar 93.15% St, 4.75% Cu, 2.1% Ni
(surface: Ni)
Elizabeth II Coat of arms of Canada 6.9 g 27.13 mm 1.95 mm Rare
$ 1 engl. Loonie
French Huard or Piasse
91.5% Ni 8.5% bronze
(surface: bronze)
Elizabeth II Loons
engl. Loon
7 g 26.5 mm 1.75 mm Yes
$ 2 engl. Toonie Ring: 99% Ni
Core: 92% Cu, 6% Al , 2% Ni
Elizabeth II Icebear 7.3 g 28 mm 1.8 mm Yes

1 cent coin:

The minting of 1 cent coins was discontinued by the budget law of March 29, 2012 in April 2012, the issue on February 4, 2013.

The colloquial term penny goes back to the English currency.

In what is now Canada, when a decimal currency was introduced in 1858, a "ONE CENT" coin (copper) was used for the first time. In Canada itself, 1-cent coins were minted from 1908, a total of 35 billion (94,000 tons), half of them in the last two decades. Its shape was gradually made smaller and lighter as inflation drove its real value down. The highest collector's value of around 1000 dollars have rare 1-cent coins that were tentatively minted in 2006 with copper plating on a zinc core (with the embossing mark “P” for plated , non-magnetic), while subsequent series received an iron core.

The production alone last cost 1.6 cents each and eleven million dollars a year (660 million pieces in 2011). The setting takes place in the course of budgetary savings and should save both retail and private customers the handling effort. Cash transactions are rounded up or down to the nearest full 5 cent amount . Charitable organizations could help collect the cents. However, the 1 cent coins will remain valid for the time being.

One million “last” 1 cent coins are offered to collectors. The very last one was minted on May 4, 2012 in Winnipeg at the push of a button by the finance minister, it goes to the Currency Museum of the Bank of Canada in Ottawa.

Banknotes

Unlike coins , the Bank of Canada is responsible for issuing banknotes that are printed in Ottawa . The notes are printed by the Canadian Bank Note Company (formerly British North American Bank Note Company). Since November 2011, the notes are made of plastic (polymer).

Series from 2011 ("Innovation")
value colour front back Hologram strips
$ 5 blue Wilfrid Laurier Canada's contributions to the International Space Station : the Remote Manipulator System known as Canadarm2 and the Special Purpose Dexterous Manipulator Dextre . West block
$ 10 violet John Macdonald The Canadian (French: Le Canadien), a transcontinental passenger train that runs between Toronto and Vancouver and which symbolizes the connection between Canada's east and west coasts, completed in 1880. Parliament Library
$ 20 green Elizabeth II Canadian War Memorial in Vimy , France, commemorating the Battle of Vimy (1917), considered one of the nation's identity-building events. Peace Tower
$ 50 red William Lyon Mackenzie King Icebreakers and Arctic research vessel CCGS Amundsen of the Canadian Coast Guard . Parliament Hill (Ottawa)
$ 100 brown Robert Borden Researcher at the microscope and insulin bottle, pointing to the discovery of insulin in humans by Frederick Banting and Charles Best . East block
Series from 2001 ("Canada trip")
value colour front back
$ 5 blue Wilfrid Laurier and West Block Children playing ice hockey and other winter sports ; Extract from the Le chandail de hockey work by Roch Carrier
$ 10 violet John Macdonald and Parliamentary Library Peacekeepers and war memorial; Excerpt from the poem In Flanders Fields by John McCrae
$ 20 green Elizabeth II and Center Block Artwork by Bill Reid ; Excerpt from the novella The Hidden Mountain by Gabrielle Roy .
$ 50 red William Lyon Mackenzie King and Peace Tower The Famous Five (historic Canadian suffragettes) and Thérèse Casgrain ; Quote from the Universal Declaration of Human Rights
$ 100 brown Robert Borden and East Block Modern and Historical Maps of Canada; Excerpt from the poem Jacques Cartier in Toronto by Miriam Waddington
Series from 1986 (" Birds of Canada")
value colour front back
$ 2 terracotta Elizabeth II American robin ( eng.robin , French merle d'Amérique )
$ 5 blue Wilfrid Laurier Belt fisherman (lat .: Ceryle alcyon , eng .: belted kingfisher , frz .: martin-pêcheur )
$ 10 violet John Macdonald Osprey (eng. Osprey , fr. Balbuzard )
$ 20 green Elizabeth II Common Loon (eng. Common loon , fr. Huard à collier )
$ 50 red William Lyon Mackenzie King Snow Owl (eng. Snowy owl , fr. Chouette harfang )
$ 100 brown Robert Borden and Center Block Canada goose ( English canada goose , French bernache du Canada )
$ 1000 * Reddish purple Elizabeth II Hakengimpel (English Pine grosbeak , French gros-bec des pins )
*$ 1,000 bills were withdrawn from circulation in 2000 at the request of the Treasury Department and the RCMP / GRC because they were widely used for money laundering and organized crime . However, like all banknotes issued by the Bank of Canada / Banque du Canada after 1935, they remain the official currency.

All notes of the series issued since 1954 have the dimensions 152.4 × 69.85 mm (6 × 2 ¾  inches ).

See also

Web links

Commons : Canadian dollar  - collection of pictures, videos, and audio files

Individual evidence

  1. http://www.takeourword.com/arc_logi.html#buck2 Take Our Word For It Archives AD, after Old Pat Dowling
  2. Phasing out the Penny (English)
  3. Archive link ( Memento from May 8, 2012 in the Internet Archive ) Last Canadian penny on its way to Ottawa currency museum, article + video, CTV News from May 4, 2012 (English)
  4. Bank of Canada Unveils Polymer Banknote Series: Celebrating Canada's Achievements at the Frontiers of Innovation (English)
  5. Bank of Canada to Stop Issuing $ 1000 Note (English)