How Many Toonies are in a Roll in Canada?

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by Enoch Omololu

Updated

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How many toonies are in a roll? Read on to find out.

The Canadian toonie is a cash currency from Canada. You can put it in a roll and use it to buy things or to deposit it into your bank account.

Coin wrappers are easy to find and it’s far easier to manage your loose change this way. There’s a specific amount in each roll depending on the denomination.

For instance, a roll of toonies is worth more than a roll of dimes, a roll of quarters, and a roll of loonies.

You can use your roll of coins to pay for things at a cashier or give them to your bank. However, one of the strange laws in Canada restricts how many coins you can use in a single transaction.

You can only give the bank or a cashier one roll of toonies at a time.

If you happen to have a lot of loose change, this means multiple trips to get rid of them. However, they have their other uses and when it comes down to it, it’s still hard to cash.

How Many Toonies are in a Roll?

If you’re curious about how many toonies are in a roll fill it up, it’s exactly 25. This is the same as a roll of loonies but of course, it’s worth double.

If you happen to use cash and have a lot of change, it can add up pretty quickly. Once you’ve accumulated enough toonies to fit in coin wrappers, you can roll them up.

What is a Toonie?

The toonie is Canada’s two-dollar coin, which was introduced in 1996. It replaced the two-dollar note and is the highest Canadian coin value.

It has two different metals and is multi-toned. On one side is a portrait of Queen Elizabeth like every other Canadian currency bears. On the other side is the polar bear, which was designed by the artist, Brent Townsend.

In 2012, the design was changed on both the loonie and toonie to add new security features.

The coins prior to 2012 had an aluminum bronze inside with pure nickel on the outside with multi-plated brass. The 1996 design weighed 7.30g and when they revamped it, it went down to 6.92g.

The loonie predated the toonie and both are nicknames Canadians created. The loonie of course was named after the loon on the coin and the toonie picked up with a rhyming nickname.

The Royal Canadian Mint came out with a variety of commemorative coins and they are collectibles as the editions were limited.

How Many Toonies are in a Roll in Canada?

Canadian Coin Rolls, Denominations & Face Value

Canadian coins include nickel, dime, quarter, loonie, and toonie. Canadian coin roll values differ with the toonie being worth the most.

Here is a table of the worth of each Canadian coin.

CoinDenominationHow many coins fit in a rollTotal worth per rollColorDiameterThickness
Toonie$2.0025$50Purple28mm1.75mm
Loonie$1.0025$25Black25.5mm1.95mm
Quarter.25 cents40$10Orange23.88mm1.95mm
Dime.10 cents50$5Green18.03mm1.22mm
Nickel0.05 cents40$2Blue21.2mm1.76mm

Where Can I Get a Roll of Toonies in Canada?

The best place to get a roll of toonies is at your bank. They always have rolls available as they’re given to businesses that use cash exchanges.

The rolls of toonies are worth $25 and you can buy as many rolls as you want at a bank. When you go to a bank, you can use your bank card to purchase them or use cash.

In addition to toonies, you can also purchase a roll of loonies, a roll of quarters, dimes, and nickels.

Toonies can be used as cold hard cash when you’re paying for things. They are also a convenient way to pay for items in a vending machine or your bus fare.

What is The Use of a Coin Roll?

Canadian coin rolls allow you to conveniently wrap up your coins to count them. If you have a lot of change, counting it out takes time.

When you put them in a coin roll, you know exactly how much is there, and it’s far easier to transport and dispense.

Businesses that use cash transactions also utilize coin rolls. They purchase the Canadian coin rolls from their bank to use in cash registers.

When a register is low on a certain denomination, they can easily take out the cash they need to exchange it for a coin roll. This keeps the cash register properly in balance, making end of day accounting much easier.

Related: Cheapest Places To Live in Canada.

How Do You Pack Coin Rolls?

When you’re using coin wrappers, they let you know on the wrapper what the Canadian coin roll values are and how many coins you need to fill it up. There are different types of wrappers but generally, it’s all the same.

You drop the coin through the open end of the wrappers. Sometimes they fall in sideways so you have to manipulate the coin wrapper to straighten them out.

Make sure to keep a count of how many coins you’re putting in there. In fact, you may want to count out the coins first and make a few piles of 10 coins.

Once you’ve filled it up, you close the top by folding the paper. There are more deluxe plastic coin wrappers as well where you can just open it up, place the coins inside and then lock them in.

What is Coin Roll Hunting?

Coin roll hunting is a hobby that involves people seeking out and sorting coins to see if there are collectible coins in a roll of coins.

They purchase Canadian coin rolls of all denominations to find precious collector coins. They may also purchase boxed coins or bagged coins from a bank.

A roll of toonies may reveal some limited edition coins that are no longer in circulation.

How To Collect Special Coins in Canada

You can find special coins in Canada in a few different ways. Canada Post often has brand new collector coins and full collections that are limited editions.

Having access to brand new coin collections from the Royal Canadian Mint that have never been opened can become valuable later.

There is only a certain amount of these coins made. You may have to sit on them for many years for them to become valuable.

There are also stores that specialize in rare Canadian coins. They may have collections that have never been opened or loose coins that are old or collectible because they’re special editions.

The Royal Canadian Mint has five steps you can follow to begin collecting coins in Canada.

Conclusion: How Many Toonies Are in a Roll?

In conclusion, a roll of toonies includes 25 coins and is worth $50.

This is the most valuable roll of Canadian coins to date. Though it’s much shorter than a roll of dimes, it’s worth much more.

With a roll of nickels, it’s worth $2 and a roll of dimes is worth $5. Loonies are worth $25 and quarters are worth $10.

It’s worth noting that you can still use a roll of pennies despite the fact they have been discontinued. This isn’t going to last forever so if you have thousands of pennies, you may want to roll them up and start getting rid of them.

The toonie is the newest coin for Canada and has been a great addition.

FAQ

How many coins are in a roll of toonies?

There are exactly 25 coins in a roll of toonies. With so many coins, we suggest you count them out and pile them up before putting them into the roll.

How many toonies are in a 50-dollar roll?

As the toonie is worth $2, there are 25 coins in a 50-dollar roll. It is quite heavy but compact and easy to transport.

How much is a roll of toonies?

If you’re looking to purchase a roll of toonies, you’ll have to pay $50. That is how much they’re worth with 25 coins inside.

How many nickels are in a roll?

There are a total of 40 nickels in a roll. They are worth 5 cents each and a roll of nickels has a worth of $2.

How many dimes are in a roll?

There are 50 dimes in a roll. These slim coins are worth 10 cents each and when you fill up your roll, it’s worth $5.

What is a roll of quarters worth in Canada?

The total worth of a roll of quarters in Canada is $10. There are 40 coins in a roll and each coin is worth 25 cents.

If you have a bunch of Canadian toonies lying around, you can cash it in and get $50. You can also take in your other Canadian coins to get rid of them.

There is a maximum the bank will accept but you can take a roll in whenever you happen to be going to your bank. You can also use a roll of Canadian coins to pay for things at a store.

Rolling up your coins makes it easier to move them and deposit them somewhere else.

Related:

How Many Toonies are in a Roll in Canada?

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Author

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Enoch Omololu

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch has a passion for helping others win with their personal finances and has been writing about money matters for over a decade. He has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, Financial Post, Toronto Star, CTV News, Canadian Securities Exchange, Credit Canada, National Post, CIBC, and many other personal finance publications.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

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