Dollar: Final price today, June 2 in Canada

The US dollar Paid on completion The average is $ 1.26It was quoted at $ 1.27 on average, down 0.62% from the previous day’s price.

In the last seven days, the US dollar Decreased 1.15%For this reason, year-on-year basis, there is still a decrease 1.9%. As for the previous days, it changed the end of the previous day, where it gained 0.09% and could not establish a clear trend recently. The volatility was lower than accumulated last year, showing itself as a value with fewer changes than expected in recent times.

In the annual photo, The US dollar The average high was $ 1.30, while its lows averaged $ 1.25.

Canadian dollar

The Canadian dollar It is the official currency of Canada, the abbreviation CAD is used to denote it and is divided into 100 cents.

It should be noted that after the conversion of the Canadian dollar to the British pound sterling, the Spanish dollar and the peso were used almost throughout the history of the country.

On July 1, 1858, the authorities ordered the first Canadian dollars to be printed, which were adopted for the decimal system in subsequent years. However, that was not until 1871 Cash consolidation approved All Canadian provinces use the dollar, and finally abolished the gold standard in 1933.

Today 1, 5, 10 and 25 Canadian coins are used St., $ 1 and $ 2, supplied by the Royal Canadian Mint; On the other hand, $ 5, 10, 20, 50, 100 and $ 1,000 bills are issued by Bank of Canada and are made in Ottawa.

With regard to the economy, it was recently confirmed by the Organization for Economic Co-operation and Development (OECD). Canada has crossed its key point And SARS-CoV-2 goes into a period of moderate development, after the severe blows indicated by the infection.

Canada, on the other hand, was able to establish itself as a key trading partner of the United States by the end of 2021, with a 14.5% share compared to the country’s 15 major partners.

The International Monetary Fund (IMF) predicts that Canada will grow by 4.1% in 2022 and 2.8% in 2023, after the recession of 4.7 in 2021.

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