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
Dollar coin (United States) The coin featured a plain edge through 2008, but starting in 2009, incused lettering was applied. The year and mint mark moved from the coin's obverse (front) to its edge. As of 2019, dollar coins are not widely encountered in U.S. commerce, except in vending machines for rides on mass transit, some pay and display machines, some laundromats, and old-fashioned slot machines. On the other hand, the Sacagawea dollar has achieved popularity in El Salvador, Ecuador and Panama, where the U.S. dollar is also the official currency. With the passage of the Native American $1 Coin Act on September 20,