The history of the Canadian dollar is almost as interesting as the history of Canada itself. Whether it’s the loonies and twoonies, the commemorative coins or the colourful bills, we have some very interesting money. The Canadian dollar has seen a lot of changes, as different provinces joined Canada, as the value of our currency fluctuates and as we continue to improve the anti-counterfitting measures.
Here’s a look at the history of the Canadian dollar, thanks to our friends at CreditLoan for creating this infographic for Canadian Finance Blog.
Click the image to enlarge.
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Tom Drake is the owner and head writer of Canadian Finance Blog.
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Interesting. Since I’ve grown up I was more used to the Canadian dollar being around 0.8 american. That’s why currently it seems high. In very historical terms it’s actually quite normal. I’ve made a small bet on currency fluctuation by buying heavily in U.S. dollars instead of Canadian hoping that it comes back down to what I thought was a more common exchange rate. Now that I see the longer term I realize that I might have been wrong.
This is really interesting stuff. Thanks Tom!
Jim
Thank you for spending a time on sharing such informative writings to us. I will bookmark your page and looking forward to read some more of your writings soon.