Question 1

What is the 'toonie' in Canadian currency?

Accepted Answer

The toonie is the nickname for the Canadian 2 coin. It was introduced in 1996and features a polar bear on one side. The name is a playful combination oftwo and loonie the 1 coin.

Question 2

How does Canada's economy affect the value of the Canadian Dollar?

Accepted Answer

The Canadian dollar is a commodity currency meaning its value is closely linkedto the prices of Canadas major exports such as oil lumber and minerals.Other factors that influence the CAD include interest rates government policyand the overall health of the Canadian economy.

Question 3

What are some interesting security features on Canadian banknotes?

Accepted Answer

Canadian banknotes incorporate a variety of security features including  Holographic stripes Shiny stripes that change color and pattern when tilted.  Watermark portrait A faint image of the person on the banknote that is   visible when held up to the light.  Raised ink Raised ink can be felt on certain parts of the banknote such as   the large number and the portrait.  Seethrough number A number that is visible from both sides of the banknote   when held up to the light.  Metallic stripe A thin shiny stripe embedded in the banknote.

Currency	Rate	Change
EUR/USD	1.08839
GBP/EUR	1.1961
USD/VND	24,990
USD/JPY	149.442
USD/CNY	7.1156
EUR/JPY	162.653
USD/CHF	0.8639
JPY/VND	167.221

Central Bank	Interest Rate
Australian Central Bank	4.35%
British Central Bank	5%
Chilean Central Bank	5.5%
Chinese Central Bank	3.35%
Czech Central Bank	4.25%
Danish Central Bank	3.25%
Japanese Central Bank	0.25%
Mexican Central Bank	10.5%

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