Newfoundland 2 dollar coin that resulted in Newfoundland being a self-governing colony, free to make its own decisions on internal matters, such as coinage, independently of the UK government. Newfoundland 2 dollar coin The Newfoundland 2 dollar coin was issued in intermittent years between 1865 and 1888. It was the only circulation gold coin issued by a British colony. Although few coins were issued, it was broadly used in Newfoundland and Eastern Canada. The coin became scarce in 1894 because of hoarding following the collapse of Newfoundland's banks and monetary system. Prior to Canadian confederation in 1867, provinces and colonies had separate currencies. Having
Canadian dollar the Canadian dollar coin from the dollar bill. When the two-dollar coin was introduced in 1996, the derivative word "toonie" ("two loonies") became the common word for it in Canadian English slang. In French, the currency is also called ; Canadian French slang terms include or (the original word used in 18th-century French to translate "dollar") and (equivalent to "loonie", since is French for "loon," the bird appearing on the coin). The French pronunciation of (pronounced similarly to English as or , not like the word for hundred, or ) is generally used for the subdivision; is another, informal, term