What are the names of Canadian coins? Canada has a rich history and a diverse economy, which is reflected in its currency system. The Canadian coinage system includes various denominations that have been used over the years, each with its own unique design and significance. In this article, we will explore the names and characteristics of some of the most well-known Canadian coins.
Canada’s coinage system has evolved over time, with different denominations being introduced and phased out as the country’s economy and currency needs changed. The following are some of the names of Canadian coins that are currently in circulation or have been in use in the past:
1. Cents: The smallest denomination in the Canadian coinage system, cents are available in two forms: the 1-cent coin, known as the “loonie,” and the 5-cent coin, known as the “toonie.”
2. Loonie: The loonie, introduced in 1987, features a loon on one side and the Canadian maple leaf on the other. It is worth 1 cent and is commonly used as a nickname for the coin itself.
3. Toonie: The toonie, introduced in 1996, is worth 5 cents. It features a polar bear on one side and a red maple leaf on the other.
4. Quarter: The quarter, worth 25 cents, has been in circulation since 1858. It features a different design on each side, with the obverse side showing the profile of a Queen or King, and the reverse side depicting various Canadian symbols.
5. Dime: The dime, worth 10 cents, has been in circulation since 1858. It features a different design on each side, with the obverse side showing the profile of a Queen or King, and the reverse side depicting a different Canadian symbol each year.
6. Twenty: The twenty, worth 20 cents, was introduced in 1965. It features a polar bear on one side and the Canadian maple leaf on the other.
7. Fifty: The fifty, worth 50 cents, was introduced in 1965. It features a different design on each side, with the obverse side showing the profile of a Queen or King, and the reverse side depicting a different Canadian symbol each year.
8. One Dollar: The one-dollar coin, known as the “loonie,” was introduced in 1987. It features a loon on one side and the Canadian maple leaf on the other.
9. Two Dollars: The two-dollar coin, known as the “toonie,” was introduced in 1996. It features a polar bear on one side and a red maple leaf on the other.
10. Five Dollars: The five-dollar coin, introduced in 2005, features a different design on each side, with the obverse side showing the profile of a Queen or King, and the reverse side depicting a different Canadian symbol each year.
These are just a few examples of the names of Canadian coins. The country’s coinage system is a testament to its rich history, diverse culture, and evolving economy. Whether you are a coin collector or simply curious about Canada’s currency, these coins offer a fascinating glimpse into the nation’s past and present.
