Canadian dollar Canadian dollar The Canadian dollar (symbol: $; code: CAD; ) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the "loonie" by foreign exchange traders and analysts, as it is by Canadians in general, or in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind
Loonie original lucky loonie was donated to the Hockey Hall of Fame, and Canadians have subsequently hidden loonies at several international competitions. Loonies were buried in the foundations of facilities built for the 2010 Winter Olympics in Vancouver. Capitalizing on the tradition, the Royal Canadian Mint has released a commemorative edition "lucky loonie" for each Olympic Games since 2004. The weight of the coin was originally specified as 108 grains, equivalent to 6.998 grams. The coin's diameter is 26.5mm. When introduced, loonie coins were made of Aureate, a bronze-electroplated nickel combination. Beginning in 2007, some loonie blanks also began to be