November 27, 2022


Complete Canadian News World

Euro: Starting price today May 30 in Canada

At the beginning of the day Euro Quoted at the beginning The average is $ 1.36It was up 0.04% compared to the average of $ 1.37 in the previous session.

If we consider the data of the last week, the Euro Indicates decrease 0.83%So on a year-to-year basis it maintains a further decline 8.13%. This reverses the previous day’s close, which ended with a 0.63% increase, unable to set a clear trend in recent days compared to the previous day. The volatility is slightly higher than the number achieved last year (6.46%), which shows that the asset is more volatile than the general trend.

In the annual photo, The Euro The average high of $ 1.46 was paid, while its lows averaged $ 1.33.

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 issuance of the first Canadian dollars, 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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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 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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