Loonie often discuss the rate at which the "loonie" is trading against other currencies. The nickname "loonie" became so widely recognized that in 2006, the Royal Canadian Mint secured the rights to it. When the Canadian two-dollar coin was introduced in 1996, it was in turn nicknamed the "toonie" (a portmanteau of "two" and "loonie"). Canada first minted a silver dollar coin in 1935 to celebrate the 25th anniversary of George V's reign as king. The voyageur dollar, so named because it featured an Indigenous person and a French voyageur paddling a canoe on the reverse, was minted in silver until
United States $1 Coin Act of 1997 nickels, paper dimes, paper quarters, and when they have coins for one-, two-, five-, ten-, twenty-, fifty-, even one-hundred-dollar bills, then I'll be convinced that they truly believe in giving choice to the American people—when we have a choice in every single piece of currency that we have. Where is the logic as to why only the one-dollar bill should be the only choice?" Kolbe also pointed to the success of Canadian loonie, which was extremely unpopular at the time it was introduced. He said that because of the US's antiquated currency system, more and more universities and other communities