2007-04-06 03:40:31 · 7 answers · asked by mississippicoolboy 1 in Politics & Government ➔ Immigration
It's still a penny. That's about how much the copper is worth.
2007-04-06 03:43:57 · answer #1 · answered by MEL T 7 · 1⤊ 1⤋
A Canadian penny is worth 1 cent (1/100th of a dollar) in Canada. Its current cost of manufacture is 0.8 cents Canadian. For pennies manufactured before 1996, the actual worth of the penny (because of its copper content) is approximately 0.02 dollars Canadian.
To put all those figures in US funds (as of today's exchange rate):
Worth = 1 penny = Cdn $0.01 = US $0.0086937
Manufacture = 0.8 cents = Cdn $0.008 = US $0.0069550
Pre-1996 coins = Cdn $0.02 = US $0.0173875
Actual cash value (presenting a Canadian penny at a US counter) ... 1 cent US.
By the way: all US current pennies (1982-present) are comprised of 97.5% zinc, with 2.5% copper plating. Current Canadian coins (2000-present) are 94% steel, 1.5% nickel, 4.5% copper plated zinc.
(percentages based on weight).
2007-04-06 04:53:16 · answer #2 · answered by CanTexan 6 · 2⤊ 0⤋
About a penny, these days. All my life the Canadian dollar was worth about 30% less than ours, but events in the last several years have changed that.
2007-04-06 03:56:41 · answer #3 · answered by DAR 7 · 1⤊ 0⤋
it's useless here in the united states. when i get a Canadian penny or dime the stores wont take it. they say they can't except it.
2007-04-06 07:41:49 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Penny if you can find someone to take it.
2007-04-06 03:47:24 · answer #5 · answered by Grand pa 7 · 0⤊ 0⤋
With today's exchange rate,
.8691 american cents
-how about giving me a best answer?...
2007-04-06 03:49:14 · answer #6 · answered by reedman 2 · 0⤊ 0⤋