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
Crown (British coin) with the British trade dollar that circulated in the Orient. In 2014, a new world record price was achieved for a milled silver crown. The coin was issued as a pattern by engraver Thomas Simon in 1663 and nicknamed the "Reddite Crown". This was presented to Charles II as the new crown piece but was ultimately rejected in favour of the Roettiers Brothers' design. Auctioneers Spink & Son of London sold the coin on 27 March 2014 for £396,000 including commission. After decimalisation on 15 February 1971, a new coin known as a 25p (25 pence) piece was introduced. Whilst