October 1, 2022

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Euro: May 3 starting price today in Canada

At the beginning of the day Euro Traded in the open The average is $ 1.36The stock ended the day with an average of $ 1.35, indicating a 0.26% increase over the previous day’s price.

Last week, The Euro Scores rise 0.27%; But for a year it continued to decline 8.53%. Compared to the previous days, this puts an end to two negative trend sessions. The number of volatility is clearly higher than the number achieved last year (6.29%).

In the annual photo, The Euro The average maximum paid was $ 1.46, while its minimum amount averaged $ 1.34. The Euro Is placed closer to its minimum value than its maximum value.

Canadian dollar

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 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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At the Economic Branch, the Organization for Economic Co-operation and Development (OECD) recently confirmed this Canada has crossed its key point And after a severe stroke marked by Govit-19 infection, progresses to 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 14.5% participation among 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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