Loonie is a derived term of toonie.
In canada informal terms the difference between toonie and loonie
is that toonie is a Canadian two-dollar coin while loonie is the Canadian dollar (both the coin and the monetary unit).
toonie
English
Alternative forms
* twonie
* twoonie
Noun
(
en noun)
(Canada, informal) A Canadian two-dollar coin.
Synonyms
* doubloonie loonie
Noun
(
en noun)
(Canada, informal) The Canadian dollar (both the coin and the monetary unit).
Derived terms
* toonie/twonie/twoonie
* doubloonie