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 1.3400-1.3500
Euro 1.4600-1.4700
Sterling 1.7100-1.7200
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.3600-1.3700
Euro 1.4325-1.4425
Sterling 1.6600-1.6700
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.2600-1.2700
Euro 1.3500-1.3600
Sterling 1.5850-1.5950
