May 24, 2024


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The final value of the Euro in Canada on April 18 will be the CAD from the EUR

The final value of the Euro in Canada on April 18 will be the CAD from the EUR

On the last day The Euro Traded at the last minute The average is $ 1.36This represents a decrease of 0.25% compared to the previous day’s average of 1.36 Canadian dollars.

If we consider the data of the last week, the Euro Recorded a fall 0.56%So in the last year it has accumulated one more drop 8.14%. Compared to the previous day, the price of the previous day changed, which ended with a rise of 0.04%, could not consolidate a stable trend recently. Last week’s volatility is lower than the numbers obtained last year (6.13%), so we can say that it is passing high stability in recent days.

In the annual photo, The Euro The average high was $ 1.46, while its lows averaged $ 1.36.

Canadian dollar

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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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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