COINS ON THE WORD

Presentationby: Santiago Cabuya Sara Ordoñez Alisson Tovar

coins on the word

• The currency in Canada is the Canadian dollar
• Canada declared that all accounts would be in dollars on January 1, 1858, and ordered the issuance of the first official Canadian dollars that same year.

Canadian dolar

• Symbol C$

• There are 5, 10, 25 and 50 cent coins; one dollar and two dollars. For larger denominations there are 5, 20, 50 and 100 dollar bills.

• The Central Bank of Canada was founded in 1934.
• The Canadian 1 dollar coins are colloquially called loonies, from the English name of a water bird that appears on the reverse. Also, this name is often used to refer to the monetary unit in general as well.
• The Canadian 2 dollar coins, in which a polar bear appears, by analogy to the previous ones, are called twonies (or toonies).

• You'll find Cashiers automatic in banks, shopping centers, pharmacies, supermarkets and even in the famous "corner shops" type 7 eleven.

• One Canadian dollar is equivalent to 3,045.48 Colombian peso

Did you know

Origins and history of the Mexican peso

The beginnings of paper money in Mexico can be placed at the beginning of the 20th century. It was the Bank of Mexico, which began to function on September 1, 1925. This body was also charged with regulating monetary circulation, interest rates, and the exchange rate.

Banco de México emerged at a time when it was necessary to reactivate credit in the country and reconcile the population with the use of paper money. Between 1929 and 1930, paper money was established as the main payment instrument in the country. The first banknotes of the Bank of Mexico were printed by the American Bank Note Company of New York (ABNC) This first series (1925-1934), is made up of notes of 5, 10, 20, 50, 100, 500 and 1 000 pesos Currently, there are nine types of banknotes and nine types of coins of different values, ranging from 5 cents to 1,000 pesos.

two hundred peso banknote

Five hundred peso banknote

One thousand peso banknote

Fifty peso banknote

Twenty peso banknote

One hundred peso banknote

twenty cents

fifty cents

Five cents

ten cents

TWENTY PESOS

TEN PESOS

FIVE PESOS

two pesos

one peso

dID YOU KNOW?

• The Mexican peso was the first currency in the world to use the “$” sign, even before the US dollar. One Mexican peso is equivalent to 186.01 Colombian peso

THANKS!