CBC News Interactive: History of the Dollar

A very quick glance at the history of the Canadian dollar since 1950 and its value against the U.S. greenback. It's interesting to follow the historical developments that made the ups and downs of our loonie. Try clicking on some of the events and learn something new.

Here is a snippet about 1952 to 1960:

Until 2007, that was considered the modern-day peak for the Canadian dollar. The loonie did rise as high as $2.78 US in 1864 during the U.S. Civil War. But the Canadian dollar was pegged to gold, while the U.S. had abandoned the gold standard as Union finances deteriorated. So most contemporary dollar-watchers related the dollar's high and low points to post-1950 markets, when comparisons between the two currencies are more relevant.

School demos continue, riot police used

Dutchnews.nl

Mon Nov 26

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