loon·​ie | \ ˈlü-nē How to pronounce loonie (audio) \

Definition of loonie

: a coin worth one Canadian dollar

Examples of loonie in a Sentence

Recent Examples on the Web

But the cost to protect against loonie losses has skyrocketed after reports the U.S. would withdraw from the North American Free Trade Agreement gave investors pause and thrust the prospect of a stand-pat BOC into the spotlight. Alexandria Arnold, Bloomberg.com, "Currency Traders Brace for Possible ‘Hawkish Hold’ by Bank of Canada," 16 Jan. 2018 Nothing blunts the effects of ideology like a few loonies and toonies in the pocket. David Roberts, Vox, "Canadian premier Justin Trudeau is betting his reelection on a carbon tax," 24 Oct. 2018 And the greenback dropped on Friday against most G-10 peers, led by the loonie and kiwi. Dana Pardini, Bloomberg.com, "Everything You Need to Know This Morning From Daybreak (Podcast)," 3 Dec. 2017 The Aussie and loonie also retreated against the greenback, while the pound rose on hawkish comments from the BOE’s chief economist. Erin Roman, Bloomberg.com, "Everything You Need to Know This Morning From Daybreak (Podcast)," 21 June 2017 The greenback strengthened, with the kiwi, loonie and Aussie dollar lagging the most of G-10 peers. Erin Roman, Bloomberg.com, "Everything You Need to Know This Morning From Daybreak (Podcast)," 7 Nov. 2017 For now, sentiment on the loonie remains gloomy among fast-money investors. Saumya Vaishampayan, WSJ, "Investors Gloomy on the Loonie After G-7 Summit," 11 June 2018 How much has the Trump family made, and where, and who has paid them, right down to the last ruble, renminbi, manat, shekel, peso, and loonie? Kevin Baker, The New Republic, "Why America needs truth and reconciliation after Trump," 17 May 2018 Traders aren’t quite buying it yet, with the loonie weakening about 0.8 percent Wednesday to 1.2980 per dollar. Bloomberg.com, "This FX Guru Expects the Loonie to Weaken 20% by the End of Next Year," 7 Mar. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'loonie.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of loonie

1987, in the meaning defined above

History and Etymology for loonie

from the image of a loon on the obverse of the coin

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Dictionary Entries near loonie


loom large




loony bin

loony tune

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Last Updated

26 Jul 2019

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The first known use of loonie was in 1987

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English Language Learners Definition of loonie

Canada : a coin that is worth one Canadian dollar

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Comments on loonie

What made you want to look up loonie? Please tell us where you read or heard it (including the quote, if possible).


readily or continually undergoing change

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