May 28, 2024


Complete Canadian News World

Euro: Starting price today May 16 in Canada

Euro: Starting price today May 16 in Canada

The Euro Quoted at the beginning $ 1.34 on averageThis represents an increase of 0.22% compared to the previous day’s figure of $ 1.34 on average.

Regarding last week’s profit, The Euro Decreased 2.01%Due to this it has decreased even more in the last year 8.88%. In relation to the changes of this day with respect to the previous days, it adds two consecutive days in positive statistics. The volatility representing the last week shows a higher performance than the volatility shown by the statistics for the previous year, which shows a very volatile behavior.

In the annual photo, The Euro The average high of $ 1.46 was paid, while its lows averaged $ 1.33. The Euro Is closer to its minimum than to its maximum.

Canadian currency

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 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 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 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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