August 19, 2022

OsoyoosToday

Complete Canadian News World

Canada: The closing price of the dollar today, March 23, is from the US dollar to the CAD

The US dollar Traded at the last minute The average is $ 1.26It was down 0.09% from the previous day’s average of $ 1.26.

Last week, The US dollar Accumulates less 0.54% However, on the contrary, it has maintained a steady rise for a year 2.29%. For the past few days, he has added three sessions in a row of negative numbers. The volatility clearly reduced by the fluctuations shown in last year’s figures, showing that its price has changed less than recently expected.

In the annual photo, The US dollar It averaged a high of $ 1.29, while its lows averaged $ 1.25. The US dollar Is closer to its minimum than to its maximum.

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

Canadian coins 1, 5, 10 and 25 are currently in use. 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.

READ  The final value of the Euro in Canada on April 18 will be the CAD from the EUR

At the Economic Branch, the Organization for Economic Co-operation and Development (OECD) recently confirmed it 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.

Continue reading: