Coming from outside of Canada? Get used to Loonies and Twoonies - our names for the Canadian dollar. In 1987, Canada removed the dollar bill from circulation and introduced the dollar coin. It was designed with a Loon on it - a type of bird with a distinctive call. The name "loonie" stuck. In 1996, we got even more orginal by discontinuing the 2 dollar bill and the "Twoonie" was born.
These are slang terms but understood throughout the country, so feel free to use them.
The terms do not replace the word "dollar." We do not refer to price of things as 100 Loonies, rather we price things in Canadian dollars and cents and pay for the smaller items or receive change that may include the one and two dollar coins, called - Loonies and Twoonies!
Interestingly enough, I looked on EBay and Twoonies are available currently for US$2.49 each plus $3.50 shipping. So take my advice and come to Canada and get them at par value - and no shipping charge. They make great golf ball markers too!
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