Dollar: Starting price today, June 2 in Canada

The US dollar Paid on opening The average is $ 1.26While it averaged $ 1.27, it was down 0.21% compared to the price of the previous session.

If we consider the data of the last week, the US dollar Indicates decrease 0.73%So it is still declining on a year-on-year basis 1.49%. Compared to the last days, the direction of the previous decision is changing, where it indicates an increase of 0.09%, which is not possible to establish a stable trend in recent times. The rate of volatility is 3.61%, which is much lower than the annual fluctuation rate (6.29%), which is a value with fewer changes than the general trend recently noted.

In the past year, The US dollar The average high was $ 1.30, while its lows averaged $ 1.25.

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 printing 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.

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.

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 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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