Canadian Coins
2012 North American Coins Prices (North American Coins and Prices)
(Paperback) Krause Publications 2011-08-17
Price:
$19.99
Answers
I tried to look up an answer, but couldn't find one quick enough. I'm interested in hearing the outcome.
Canadian dollar coins are funny they are called a loonie and the two dollar coin is called a toonie, eh! www.canadiancoinsdollar.com
I have about 7 dollars in Canadian coins and was wondering with the new Canadian exchange rates,, can the coins be used at face value in United States Stores and restaurants without exchanging them into American money?
I think some stores near the border will accept them but are not required to do so.
Does anyone know if this actually exists. I heard a small blurb on the radio about a new Canadian three dollar coin, which is square and cost $46 if you want to get one. Anyone heard anything more about this?
Thanks
no nor would i spend 46$ on a three$ coin.
I hear that Canada is replacing their lovely blue $5 dollar note with a coin, just like they changed the $2 note with a Toonie. Are Canadians happy with this, or are they annoyed? Why do you think they are replacing the note with a coin? Is it because of a weak currency?
Quintessential: The question of why a weak economy would possibly lead to increased coinage is answered in your own response: coins stay in circulation significantly longer than bills and, thus, are less expensive in the long run. I'm not saying it's necessarily true in this case, but a possibility considering the Loonie and Toonie.
As for the CAD being at a 35-year high you're just flat wrong. Sure, the CAD is at $.90 USD which is the highest it's been since the early 70's but is that because the Canadian Dollar is worth more, or the US Dollar is worth less? When compared against the Yen or the Euro the Can. Dollar hasn't fluctuated much. However, as we all know the USD is having a hard time against the EUR and has lost value which makes the CAD look more valuable when compared. Furthermore, the fact that the CAD has remained the same value on the whole, but gained compared to the USD means American importers are less willing to purchase goods from Canada! Economics 101
No! Dammit! My wallet is already heavy enough with all the loonies and twoonies! Gaddamit I don't need another coin!!!! *screams*
On the 'heads' side of the coins where there used to be a maple leaf there is now an encircled symbol that looks like a bold M with a maple leaf top . . . anyone know what this is?
http://www.uppercanadahistory.ca/fn/fn5. html
shows one side of one coin.
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Are You Bullish On (Loonie)Canadian Dollar |
Well loonie is climbing high and it is moving closer to parity with a high against the U.S. dollar not seen since July 2008. The loonie was recently trading higher with one U.S. dollar buying C$1.0106. While this isn’t surprising many of the people as most expect the currency to remain above for years.There are various reasons working behind it.We can call as the signs of an economic recovery across Canada which includes including improving real estate prices, GDP growth and job creation numbers, the province faces several challenges for its key industries, especially with the dollar nearing parity with the U.S. greenback.
While some strategiests are thinking that the story of canadian dollar will move more further as according to Royal Bank currency strategist David Watt “We’ve taken to calling parity the new normal for the Canadian dollar,” It is now becoming a majro problem for agriculture side as Canadian dollar hovering around par with the greenback is making life all the more difficult for Alberta agriculture and energy producers who export their products. The ongoing drought is basically the main problem.According to Liberal Leader David Swann The high dollar is a sign of a strong Canadian economy, Swann said, but acts as “a double-edged sword” to agriculture producers.
...News
New Loonie Trading Range May Keep Currency Strong, BMO SaysBloomberg - Mar 19, 2010
Globe and MailThe Canadian currency traded versus the greenback in a range between C$1.0207 and C$1.0870 from Oct. 15 until the end of February, according to Canadian Dollar May Decline on #39;Crowded#39; Bets, Barclays SaysCanada Dollar Heads for Third Weekly Gain on Interest Rate Betsall 335 news articlesnbsp;raquo;
BusinessWeek - Mar 18, 2010
Globe and MailOne Canadian dollar buys 98.61 US cents. Crude oil for April delivery fell 0.9 percent to $82.14 a barrel on the New York Mercantile Exchange. High Canadian dollar here to stay, economists saySurging C$ eyes parity with US$ as economy improvesCanada Dollar Touches Highest Since July 2008 on Risk Appetiteall 587 news articlesnbsp;raquo;
Paul Fraser Collectibles - Mar 19, 2010
To deal with the problem, Canadian authorities were forced to carry on producing the 1936 George V coins. In order the distinguish the new run from the old,
BusinessWeek - Mar 16, 2010
Canada#39;s Flaherty Says Currency Is #39;Competitive#39;There are lots of encouraging signs in the Canadian economy.” --With assistance from Theophilos Argitis, Sean Pasternak and Allison Bennett in New York and and morenbsp;raquo;Before Its News - Mar 19, 2010
[Program note: We#39;ve also been conducting interviews with the world#39;s leading coin graders for a new seminar on the subject. The demand for reliable and
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