Loonie: meaning, definitions and examples
๐ช
loonie
[ หluหni ]
Canadian currency
The term 'loonie' colloquially refers to the Canadian one-dollar coin. It gets its nickname from the image of a common loon, a bird that is commonly found in Canada, depicted on one side of the coin. Launched in 1987, this coin was part of Canada's transition to a more cost-effective currency system, eliminating the one-dollar banknote. The loonie is made from a bronze-plated nickel and is distinctive for its golden color. Over the years, its usage has become integral to Canadian culture and finance.
Synonyms
cad, one-dollar coin
Examples of usage
- I paid for my coffee with a loonie.
- The loonie's value fluctuates with the economy.
- He found a loonie on the sidewalk.
- They have a collection of unique loonies.
Translations
Translations of the word "loonie" in other languages:
๐ต๐น loonie
๐ฎ๐ณ เคฒเฅเคจเฅ
๐ฉ๐ช Loonie
๐ฎ๐ฉ loonie
๐บ๐ฆ ะปัะฝั
๐ต๐ฑ loonie
๐ฏ๐ต ใซใผใใผ
๐ซ๐ท loonie
๐ช๐ธ loonie
๐น๐ท loonie
๐ฐ๐ท ๋ฃจ๋
๐ธ๐ฆ ูููู
๐จ๐ฟ loonie
๐ธ๐ฐ loonie
๐จ๐ณ ้ฒๅฐผ
๐ธ๐ฎ loonie
๐ฎ๐ธ loonie
๐ฐ๐ฟ ะปัะฝะธ
๐ฌ๐ช แแฃแแ
๐ฆ๐ฟ loonie
๐ฒ๐ฝ loonie
Etymology
The term 'loonie' originated in Canada in the late 1980s when the one-dollar coin was introduced in 1987. The coin was named 'loonie' due to the image of the common loon, a bird that is prevalent in Canadian lakes, featured prominently on one side of the coin. Prior to the loonie, the Canadian one-dollar banknote was in circulation, but the government decided to produce a coin version to save money on production costs. The introduction of this coin reflected a broader trend in various countries moving from paper to coin currency to improve durability and lower replacement costs. As Canadian culture evolved, so too did the associations with currency, and the loonie became a recognizable part of everyday Canadian life and conversation.
Word Frequency Rank
At position #42,451, this word is among the less frequently used terms in English. While interesting to know, it's not crucial for most English learners unless needed for specific purposes.