On the last day The Euro Traded at the last minute $ 1.37 on averageThis is 1% less than the previous day’s average CAD of 1.38.
Compared to last week, The Euro Record a drop 1.69%So it has dropped even more in the last year 6.3%. In connection with the changes of this day as compared to the previous days, it put an end to two sessions of the positive series. As for the volatility of the last few days, it was more disgraceful than it had accumulated in the last year, showing itself as an asset with more variations than expected.
In the annual photo, The Euro It shifted the high to an average of 1.46 Canadian dollars, while its lows averaged 1.37 Canadian dollars. The Euro It is located closer to its minimum than its maximum.
Canadian recovery
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.
At the Economic Branch, the Organization for Economic Co-operation and Development (OECD) recently confirmed this 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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