December 6, 2022

OsoyoosToday

Complete Canadian News World

The final value of the dollar in Canada on April 14 is USD to CAD

On the last day The US dollar Traded at the last minute The average is $ 1.26This represents an increase of 0.37% against the previous day’s average of $ 1.26.

Compared to last week, The US dollar Indicates elevation 0.36%So for a year it has amassed one more hike 1.09%. As for the previous days, it turned the value of the previous session upside down, marking a decrease of 0.1%, failing to establish the recently defined trend. As for the volatility of last dates, it was slightly lower than last year’s accumulation, with last dates appearing to be worth less than usual with variations.

In the annual photo, The US dollar It averaged a high of $ 1.29, while its lows averaged $ 1.25. The US dollar Is placed closer to its minimum value than its maximum value.

Canadian currency

The Canadian dollar It is the official currency of Canada, the abbreviation CAD is used to denote it and is divided into 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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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 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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