Canada: Euro opening rate today, June 26, from Euro to Canadian Dollar

The euro is the second most important currency in Canadian territory. (information)

today is euro Paid at the beginning of the day 1.46 CAD on averageThis indicates a decrease of 0.05% compared to the previous day's figure, when it reached 1.46 Canadian dollars.

If we look at last week's data,… euro represents a decrease in 0.17%%; Although it still maintains a one-year increase 0.83%.

Regarding the changes of this day in relation to previous dates, it witnessed two consecutive sessions with negative numbers. The volatility figure is 3.3%, which is obviously lower than the annual volatility figure (5.17%), so it has a more stable behavior than usual in recent days.

he Canadian dollar It is the official monetary unit of Canada, and the abbreviation CAD is used to refer to it, which is divided into 100 cents.

It should be noted that the Canadian dollar has been used for almost the entire history of the country, having replaced the British pound, the Spanish dollar and the peso.

It was on July 1, 1858, that the authorities ordered the minting of the first Canadian dollar, which was adopted on the decimal system in the following years. However, this did not happen until 1871. Monetary unification approved All Canadian provinces to use the dollar, finally abolishing the gold standard in 1933.

Canadian coins numbered 1, 5, 10 and 25 are currently used cents, 1 and 2 dollars, issued by the Royal Canadian Mint; On the other hand, banknotes in denominations of 5, 10, 20, 50, 100 and 1000 dollars are issued by the Bank of Canada and produced in Ottawa.

See also  Clemson attack coordinator Tony Elliott will miss Sugar Bowl Vs. Ohio State due to COVID-19 Protocols

In economic matters, the Organization for Economic Co-operation and Development (OECD) recently confirmed this Canada has passed the tipping point It is heading towards a period of moderate growth, after the severe blow dealt by the Covid-19 pandemic.

On the other hand, Canada was also able to position itself as a major trading partner of the United States at the end of 2021, with a 14.5% share of the country's 15 major partners.

he International Monetary Fund The International Monetary Fund expects Canada to grow by 4.1% in 2022, and by 2023 by 2.8%, which means a slowdown after the 4.7 reached in 2021.

Sacha Woodward

"Wannabe writer. Lifelong problem solver. Gamer. Incurable web guru. Professional music lover."

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top