Loonie: meaning, definitions and examples

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loonie

 

[ หˆluหni ]

Noun
Context #1 | Noun

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:

๐Ÿ‡ต๐Ÿ‡น loonie

๐Ÿ‡ฎ๐Ÿ‡ณ เคฒเฅ‹เคจเฅ€

๐Ÿ‡ฉ๐Ÿ‡ช Loonie

๐Ÿ‡ฎ๐Ÿ‡ฉ loonie

๐Ÿ‡บ๐Ÿ‡ฆ ะปัƒะฝั–

๐Ÿ‡ต๐Ÿ‡ฑ loonie

๐Ÿ‡ฏ๐Ÿ‡ต ใƒซใƒผใƒ‹ใƒผ

๐Ÿ‡ซ๐Ÿ‡ท loonie

๐Ÿ‡ช๐Ÿ‡ธ loonie

๐Ÿ‡น๐Ÿ‡ท loonie

๐Ÿ‡ฐ๐Ÿ‡ท ๋ฃจ๋‹ˆ

๐Ÿ‡ธ๐Ÿ‡ฆ ู„ูˆู†ูŠ

๐Ÿ‡จ๐Ÿ‡ฟ loonie

๐Ÿ‡ธ๐Ÿ‡ฐ loonie

๐Ÿ‡จ๐Ÿ‡ณ ้œฒๅฐผ

๐Ÿ‡ธ๐Ÿ‡ฎ loonie

๐Ÿ‡ฎ๐Ÿ‡ธ loonie

๐Ÿ‡ฐ๐Ÿ‡ฟ ะปัƒะฝะธ

๐Ÿ‡ฌ๐Ÿ‡ช แƒšแƒฃแƒœแƒ˜

๐Ÿ‡ฆ๐Ÿ‡ฟ loonie

๐Ÿ‡ฒ๐Ÿ‡ฝ 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.