The Canadian dollar is the national currency of Canada. To see what the exchange is with other currencies, go to Universal Currency Converter.

Our dollar is no longer a paper dollar and hasn’t been for several years. The brass/gold colour coin has been dubbed the “loonie” because the back of the coin has an image of a loon. So, if you’re in a store or restaurant, and someone mentions a loonie, they’re talking about a dollar coin.

Interesting fact about the loonie: It almost wasn’t a loonie. The original design for the new dollar coin was to have a voyageur on the back but something happened to the cast so it was replaced with the loon.

The two dollar coin, which came out a few years later, was then dubbed the “toonie,” so, not only do we have colourful paper money, our coins are loonies and toonies.