The Canadian dollar coin, widely known as the “Loonie”, is officially worth 1 Canadian dollar (CAD).
However, its value in other currencies, like the US dollar (USD), fluctuates based on the current exchange rate. For example, today, August 13, 2025, 1 CAD is worth approximately 0.726 USD.
It’s important to note that the value of the Canadian dollar can change, so checking a reliable currency converter is recommended for the most up-to-date information.
While most loonies are worth their face value, some may have a higher value due to their rarity or desirability among collectors. For instance, the first issue from 1987 can be worth up to $30 in mint condition. Additionally, older silver dollar coins can be worth more due to their silver content, although this value is also subject to the fluctuations of the silver market.
How much silver is in a Canadian $1 coin?
We guarantee that every time you buy a Canadian Silver Dollar, you are getting a Royal Canadian Mint product made at the 80% standard and containing no less than 0.6000 troy ounces of fine silver. Note that each coin will vary and that we cannot guarantee a specific year.
Are Canadian coins worth any money?
Good point! Even though their face value is only one cent, some of the rarest Canadian pennies can be worth hundreds or thousands of dollars. Before you toss those pennies in your coin jar or drive them to the bank, take a sec to look at them a little more closely.