History of Canadian currency By Evan11 Jun 7, 1901 Canada uses gold standard Jun 7, 1902 Indian Emporer on canadian dollars Jun 7, 1903 British and US money legal tender in Canada Jun 7, 1904 Canada has 4$ bill Jun 7, 1905 Paper money convertible to gold standard Jun 7, 1906 American and Canadian equal British soverign worth 4.8666 Canadian dollars Jun 7, 1907 People take advantage of turning paper money into gold coins Jun 7, 1908 Ottowa mint opens Jun 7, 1908 Earl Gray strikes first coin Jun 7, 1909 Authorities can't manage exchange from paper money to gold standard Jun 7, 1910 King George V on coins Jun 7, 1911 Mint opens it's own refinery Jun 7, 1920 Large 1 cent coin changed to be smaller.Closer to their American counterpart Jun 7, 1922 Canada switches to a nickel 5 cent coin Jun 7, 1931 Canada stops use of gold standard Jun 7, 1934 Bank of Canada only place to get paper currency Jun 7, 1935 25$ and 500$ bank notes Jun 7, 1935 First silver dollar Jun 7, 1937 penny gets maple leaf detail Jun 7, 1937 nickel gets beaver detail Jun 7, 1937 Dime gets bluenose detail Jun 7, 1937 quarter gets caribou detail Jun 7, 1937 fifty cent coin gets a coat of arms Jun 7, 1943 last bank notes released Jun 7, 1943 due to nickel needed for munitions tombac used for 5 cent coin Jun 7, 1947 India gains independance emperor removed from coin Jun 7, 1948 Changes actually made to take Indian emperor off coins Jun 7, 1949 Coin to commerate Newfoundland joining Canada Jun 7, 1949 Coin to commerate WW2 Jun 7, 1951 A.F. Cronstedt on 5 cent coin Jun 7, 1953 Queen Elizabeth on coinage Jun 7, 1954 Paper currency redesigned Jun 7, 1957 Coat of Arms simplified Jun 7, 1958 Centennial of B.C silver coin with totem& Stephen Trenka Jun 7, 1959 Edward the Confessor crown on back of 50 cent coin instead of Tudor crown Jun 10, 1964 commerative dollar for the confederation conferences Jun 11, 1965 Queen Elizabeth's effigy updated Jun 11, 1967 Penny gets rock dove design Jun 11, 1967 nickel gets rabbit design Jun 11, 1967 Dime gets mackerel design Jun 11, 1967 Quarter gets bobcat design Jun 11, 1967 50 cent coin gets wolf design
