December 5, 2022

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Canada: The final price of the dollar today is April 25 from the US dollar to the CAD

In the last session The US dollar Quoted at the end The average is $ 1.27So it was 0.02% compared to the previous day average of 1.27 Canadian dollars.

In the last seven days, the US dollar Scores rise 0.86%So on a year-on-year basis it still maintains a high 0.9%. In connection with the changes of this day with respect to the previous days, it connects four consecutive sessions of positive numbers by chain. The volatility that marked last week is apparently higher than it accumulated last year, so it is going to a point of instability.

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 the maximum than its minimum.

Canadian dollar

The Canadian dollar It is the official currency of Canada, denoted by the abbreviation CAD and denominated in 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.

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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 after a severe stroke represented by corona virus infection, goes into a period of moderate development.

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 14.5% participation among the country’s 15 key 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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