March 31, 2023


Complete Canadian News World

The final value of the dollar in Canada on April 18 is USD to CAD

On the last day The US dollar Quoted at the end The average is $ 1.26While the average was $ 1.26, it was 0.01% compared to the previous day’s figure.

Compared to last week, The US dollar Record a drop 0.21%; On the other hand, year-on-year basis, it still maintains highs 1.37%. Comparing the data with the previous days, four sessions were accumulated in a row in positive digits. Last week, the volatility was 4.37%, which is lower than the annual fluctuation rate (6%), so there are fewer changes than usual in this last phase.

In the past year, The US dollar The average maximum paid was $ 1.29, while its minimum amount averaged $ 1.25. The US dollar It is placed closer to the minimum than its maximum.

Canadian dollar

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 printing 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 the 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 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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