Dolarr Canaden — Wikipedia
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For homonymous items, see CAD.
The Canadian dollar (Monetary symbol: $; ISO 4217 code: CAD ; locally, CAN , $ Ca And $ C are used [ Note 1 ] , [ 2 ] , [ 3 ] ) is the official motto of Canada since 1858. It has been subdivided into 100 cents (¢).
In Canadian French, the dollar is popularly called “piastre” (pronounced “piasse”). The representation of the Huard on the parts of $ 1 gives the motto its popular name, the “Huard” (in English: ” the loonie », You against« loon »). The part of 2 $ calls itself in English a ” Toonie ». The one hundred is commonly called a “Cenne” or a “penny” just like the 25 cents piece is often called a “thirty sous”; This name “sou” or “thirty sous” dates back before 1858.
There are then two currencies in circulation, the British “Penny” and the “sou” used by Francophones. To facilitate exchanges with populations of French origin, the British authorities decided that a half-penny would now be equivalent to a penny (example: the coin of 1837 “Bas-Canada province”: on one side of the play It is written “1/2 Penny” and on the other side “a penny”). The Canadian currency was under the English diet, divided as follows:
- 12 pence are 1 shilling and 5 shillings make a crown. To facilitate exchanges with the United States the British authorities decided that a crown would be worth an American dollar (see the British coin of 1804 from Georges III), so there are 60 pence in a crown, multiplied by two (1 /2 Penny is worth a penny), you get the following calculation:
- 120 sous make five shillings or a crown,
- 120 sous divided by four equal thirty money,
- A dollar divided by four equal 25 cents.
Thus, a dollar is worth a crown and 25 cents are worth thirty sous. In 1858, the new Canadian government decided to adopt the dollar, subdivided into 100 cents like that of the United States, the French-speaking Canadian population continued to colloquially call the play of 25 cents a “thirty sous”. We also often hear saying “Changed four thirty sous for a piastre” .
Canadian tickets have been issued since 1935 by the Bank of Canada and coins in 1935 and the coins are the Canadian royal currency (MRC). The current series of Canadian tickets, The polymer series , Launched in 2011 is the seventh series issued by the Banque du Canada, five cuts are available: 5 $ , ten $ , 20 $ , 50 $ and 100 $ . Tickets all have the same dimension, but they have their clean color: blue for the 5th $ , purple for the 10th $ , green for the 20th $ , red for the 50 $ and finally brown for the 100 $ . The sixth series, named Canadian epic date of 2001. An old series, the 5 It is , dating from 1986 and called “the birds of Canada”, represented different Canadian birds. It is no longer in circulation. This included a 2 ticket $ which was replaced in 1996 by a coin and a ticket of 1,000 $ which is no longer in circulation. For their part, the 1 dollar tickets were replaced in 1987 by a coin ( The Huard ).
In October 2011, it was the launch of the new series of polymer tickets with the 100 $ . In March 2012, the 50 $ was issued, on the 20th $ was issued the and the 10 $ and 5 $ were finally issued the .
The figure of Queen Elisabeth II, the Sovereign of Canada, is present on the obverse of all Canadian parts as well as on tickets for 20 $ .
On March 29, 2012, Ottawa invoked in its budget that in the coming months the 1 Cent part will gradually be withdrawn from traffic for economic and ecological reasons. The production of parts of 1 Cent was definitively arrested in May 2012, distribution to financial institutions ended the . From now on, transactions not ending with a multiple of 5 cents are rounded, either upward or downward. However, the one still remains in force in scriptural currency.
On March 8, 2018, following a pan -Canadian competition to know who the emblematic woman would be that Canadians would like to see most of a new bank note, the Banque du Canada announced the creation of a new 10 ticket $ Representative Viola Desmond. This post is the first vertical print in Canada. It will be issued towards the end of 2018. They also announced that a 5 note $ Sporting another Canadian personality would be issued in the coming years. 50 tickets $ and 100 $ Prime Ministers SIR John A. Macdonald and Sir Wilfrid Laurier will be decorated. Sir Robert Borden and William Lyon Mackenzie King will not appear on the tickets for this next series [ 4 ] .
| Unit ($) | Look on the obverse | Figure on the reverse | Comments |
|---|---|---|---|
| Pieces | |||
| 0.01 $ | Elisabeth II | Maple Leaf | For economic reasons, the part of 1 Cent has ceased to be distributed on February 4, 2013. However, it retains a legal course and can be used. Traders are invited to round off the sums due to them by their customers (for example, for a purchase of 10.01 $ , the merchant is invited to charge 10 $ ). This is only applied to cash transactions. |
| 0.05 $ | Elisabeth II | Castor | |
| 0.10 $ | Elisabeth II | Bluenose | |
| 0.25 $ | Elisabeth II | Caribou | In 1999 and 2000, the Royal Canadian currency issued 0.25 parts $ emphasizing the new millennium. They sported patterns selected following a large pan-Canadian competition. There was one model per month. In 1992, to highlight the 125th birthday of the Canadian Confederation, twelve 0.25 $ Representing the twelve provinces and territories of Canada were issued. Several other collections have also been created. |
| 0.50 $ | Elisabeth II | Canada Coat of arms | This part is regularly produced, but in small quantities (around 450,000 per year). It is not used, automatic systems do not accept it and it is not currently in circulation, but it is always legal. This room is rather reserved for collectors. |
| 1.00 $ | Elisabeth II | Huard dive | |
| 2.00 $ | Elisabeth II | White Bear | |
| Tickets | |||
| 5 $ | Sir Wilfrid Laurier | Programme spatial international | |
| ten $ | Sir John Alexander Macdonald | The Canadian | A variant of this post was issued in 2017 for the 150th anniversary of Canada. There are the portraits of Sir John Alexander Macdonald, Sir George-Étienne Cartier, Agnes Macphail and James Gladstone (in) [ 5 ] . |
| ten $ | Viola Desmond | Canadian Human Rights Museum | This post is the first to be vertical. |
| 20 $ | Elisabeth II | Souvenir of the First World War: Canada’s commemorative monument to Vimy | A variant of this post was issued in 2015 to underline the reign of Queen Élisabeth II which has become the longest in the United Kingdom. An effigy of the younger queen is visible on the transparent safety strip [ 5 ] . |
| 50 $ | William Lyon Mackenzie King | North Canadian | |
| 100 $ | Sir Robert Borden | Medical innovation | |
The Canadian dollar is one of what is called “raw material currencies” (in English: ” commodities currencies ), That is to say countries currencies whose exports of raw materials represent a very large part of the economy. The Australian dollar, the Russian ruble or the Norwegian crown are also raw material currencies. The Canadian dollar is notably linked to the large quantities of oil that the country exports to the United States. If the barrel price increases, the Canadian dollar will appreciate against the US dollar [ 6 ] .
Notes [ modifier | Modifier and code ]
- The use of $ can and $ ca symbols is accepted by the translation office. Although the French terminology committee of the Order of Authorized Accountants of Quebec and the Office of the French language of Quebec prefer the code with two letters ($ CA), we consider the code to three letters as correct. Canada’s Bank and Canada Translation Bureau recommend the $ CAN symbol.
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