August 18, 2022

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The final value of the Euro in Canada on March 7 is from EUR to CAD

On the last day The Euro Paid on completion 1.39 Canadian dollarsThis is up 0.72% from the previous day’s $ 1.38.

In connection with the profit of the last seven days, the Euro Accumulates less 0.92%So on a year-over-year basis it still maintains a decline 5.29%. As for previous dates, it turned the table around compared to the previous day, where it was down 0.25% and could not establish a stable trend recently. The volatility of the last seven days showed greater performance than the volatility reflected in last year’s figures.

In the annual photo, The Euro It was paid a maximum of C $ 1.46, while its minimum was C $ 1.38. The Euro It is located closer to its minimum than 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 creation 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.

Canadian coins 1, 5, 10 and 25 are currently in use. 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 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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Agencies