May 17, 2022

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Canada: The final price of the euro today is May 9 from EUR to CAD

The Euro Quoted at the end $ 1.37 on averageSo it represents an increase of 0.94% compared to the previous day’s average of 1.36 Canadian dollars.

If we consider the data of the last week, the Euro Indicates elevation 1.68%; On the other hand, it maintains a further decline for a year 7.67%. As for the past few days, he has added three consecutive days to the positive digits. Over the past week, the volatility has provided a slightly lower balance than the fluctuations shown in last year’s data, showing that it has been behaving more consistently than expected in recent days.

In the annual photo, The Euro It shifted the high to an average of 1.46 Canadian dollars, while its lows averaged 1.34 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, 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 creation of the first Canadian dollar, which was 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.

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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 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 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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