Loonie

What Does Loonie Mean?
A slang term for a Canadian dollar. It is derived from the picture of a loon on one side of the coin.

Investopedia explains Loonie
Just like in the U.S. where the dollar is referred to as the "greenback", the loonie is a often used to refer to the Canadian dollar. For example one may hear in a news report that the loonie was up in today's trade.

Filed Under: Forex

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