Canadian dollar
1 EUR = 1.51 CAD 1 CAD = 0.662 EUR
1 CHF = 1.234 CAD 1 CAD = 0.81 CHF
The Canadian dollar (English Canadian dollar, French canadien dollar ) is the currency of Canada.
A dollar is divided into 100 cents. It is issued by the Bank of Canada.
By the Uniform Currency Act / Loi sur l' uniformité de la monnaie in April 1871, the dollar was introduced in Canada. The Canadian provinces were all so a single currency.
The Canadian dollar was backed by 10 April 1933 gold.
In colloquial language is called the Canadian dollar buck ( eng.) ( unsure of buck ( skin) = goat ( leather ) as early barter derived ) or piastre (French ). Another name is loonie ( eng.) or huard (French ), which both the one-dollar coin and metonymically the currency is generally meant. The name derives (English loon, French huard ) from the picture of a loon on the reverse side of the coin from. The coins are minted by the Royal Canadian Mint public companies, bank notes are from the companies Canadian Bank Note Company and BA International Inc (formerly British American Bank Note Company Ltd.).
The Coins of the Canadian dollar since 1973 are marked in Winnipeg in the two national languages of English and French and published by the Royal Canadian Mint. The Canadian head of state, Queen Elizabeth II, adorns the front of all the coins. It should be noted that the 50-cent pieces are almost impossible to find in circulation.
One cent coin
The minting of 1- cent coins was set by Finance Act of 29 March 2012 in April 2012, the issue on February 4, 2013.
The colloquial name Penny goes back to the English currency.
In today's territory of Canada a "ONE CENT" coin ( copper ) was used with the introduction of a decimal currency in 1858 for the first time. Were minted in Canada even 1 cent coins from 1908, a total of 35 billion ( 94,000 tons ), half of them in the last two decades. Your form has been gradually smaller and lighter design, while the real value decreased by inflation. The highest collector value of approximately $ 1,000 have rare 1 cent coins, which were tentatively characterized in 2006 with copper cladding on zinc core ( with embossed characters "P" for plated, non-magnetic), while episode series received an iron core.
The production alone cost last 1.6 cents each, and eleven million dollars per year (660 million units in 2011 ). The setting is made in the course of budgetary savings, and to the trade as private avoid the handling effort. Soon (only ) cash transactions are to be retrieved or rounded up to the nearest 5-cent amount. Charitable organizations can collaborate to collect the pennies. The 1- cent coins remain legal tender but until further notice.
A million "last" one - cent coins are offered collectors. The embossing of the very last made on May 4, 2012 in Winnipeg click of a button by the Minister of Finance, she goes to the Currency Museum of the Bank of Canada in Ottawa.
Bills
For the issue of banknotes that are printed in Ottawa, is - in contrast to the coin - the Bank of Canada / Banque du Canada responsible. The notes are printed by the Canadian Bank Note Company (formerly British North American Bank Note Company). Since November 2011, the notes made from plastic ( polymer ) are produced.
All the certificates issued since 1954 series have the dimensions of 152.4 x 69.85 mm (6 x 2 ¾ inches).