Currency: canadian dollar
Numeric code: 124
Alphabetic code: CAD
Canada, occupying the North of the continent and many surrounding Islands in the parade of the largest States is behind Russia. It is washed by three oceans. It is a highly developed and rich power.
The formation of the catalogue of the coins of Canada began in 1858, when the canadian dollar equal to 100 cents, United country market, eliminating currency confusion that prevailed in the provinces of Canada. First, as usual, there was a bronze 1 cent. Later - 5, 10 and 20 cents of silver. Gold 5 and 10 dollars coined in the early twentieth century. 1935 saw the emergence of 1 silver dollar, is dedicated to the English king. From 1968 to 1986 dollars were minted from Nickel, among them were six "commemorative" coins, commemorative Canada events. Since 1987, the design of the canadian dollar is unchanged: a portrait of the Queen (one side) and Arctic Loon. This bird is the reason the local name of the dollar – loonie.
Today Canadians use coin 1 and $ 2, and swap operations carried out 1, 5, 10, 25 and 50 cents.
However, the "half" is so loved by collectors, to meet them in the calculation is rarely possible. Buy canadian coins in denominations of 50 cents – a great success. But soon odnotonovye will become a legend. The government plans to abandon them because the intrinsic value of these canadian coins four times below their cost of production.
The canadian dollar is always slightly behind the American colleagues. But in 2007, the price of the coins of Canada have finally caught up and even surpassed the US dollar.