The Loonie
Canadian Dollar is often referred to as "The Loonie", because of the loon bird that's featured on the $1 coin. In fact, this nickname became so popular that the Royal Canadian Mint, the coin manufacturer, trademarked it in 2006.
The Loonie was introduced in 1987 as a replacement for a paper dollar. For the most part, it was done as a cost-saving measure. The very first 11-sided Loonie coin was designed by a Canadian artist Robert-Ralph Carmichael.
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.3580-1.3740
Euro 1.4890-1.5090
Sterling 1.7800-1.8000
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.3675-1.3775
Euro 1.4900-1.5000
Sterling 1.7700-1.7800
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.3650-1.3750
Euro 1.4650-1.4750
Sterling 1.7350-1.7450
