April 13, 2024


Complete Canadian News World

Check the price of the Euro when it starts in Canada on February 25th

At the beginning of the day Euro Traded in the open 1.44 Canadian dollarsThis represents a 0.28% increase compared to the previous day’s price, when it ended with 1.43 Canadian dollars.

In connection with the profit of the last seven days, the Euro Record a drop 0.44% In the last year it has accumulated one more drop 2.26%. As for the past few days, he is cutting through the negative lines of the previous two days with this data. Last week’s volatility was lower than last year’s figure (5.73%), indicating lower-than-expected changes in recent times.

In the annual photo, The Euro It was converted to a high of C $ 1.46, while its lowest level was C $ 1.41. The Euro Is located closer to its minimum value than its maximum value.

Canadian currency

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.

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In economic matters, 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.

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