September 25, 2022

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Euro: Final price today May 6 in Canada

The Euro Traded at the last minute The average is $ 1.36So it represents an increase of 0.55% compared to the previous day’s price, which was an average of 1.35 Canadian dollars.

In connection with the profit of the last seven days, the Euro Records the rise 0.38%; However, in the last year it has dropped even more 8.08%. With previous dates failing to establish a clear trend in recent days, the data from the previous session fell 0.16%. Referring to last week’s fluctuations, it is in a deplorable manner lower than last year’s (6.25%), showing that its price has changed less than normal recently.

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 Is placed closer to its minimum value than its maximum value.

Canadian currency

The Canadian dollar It is the official monetary unit in Canada, abbreviated as CAD and denotes 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.

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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In economic matters, the Organization for Economic Co-operation and Development (OECD) recently confirmed it 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 a 14.5% share compared to the country’s 15 major partners.

The International Monetary Fund (IMF) predicts that Canada will grow to 4.1% in 2022 and 2.8% in 2023, after the recession of 4.7 in 2021.

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