He euro was traded at closing 1.48 Canadian dollars on averagewhich represents a variation of 0.03% compared to the value of the previous session, where it ended at 1.48 Canadian dollars.

Over the past seven days, the euro accumulates a promotion of 0.49% and in interannual terms it still maintains an increase of 2.93%.

Compared to previous days, there were two consecutive sessions in the red. Last week, volatility presented a significantly lower performance than the volatility reflected in last year's figures, so we can say that it is going through a period of greater stability lately.

He Canadian dollar It is the official monetary unit in Canada, the acronym CAD is used to refer to it and it is subdivided into 100 cents.

It should be noted that the Canadian dollar has been used almost throughout the country's history, having replaced the British pound sterling, the Spanish dollar and the peso.

It was on July 1, 1858 that the authorities ordered the minting of the first Canadian dollars, which were adopted by the decimal system in the following years. However, it was not until 1871 that monetary unification was approved of all Canadian provinces to use the dollar, finally abolishing the gold standard in 1933.

Currently, Canadian coins of 1, 5, 10 and 25 are used cents, 1 and 2 dollars, which are issued by the Royal Canadian Mint; On the other hand, notes of 5, 10, 20, 50, 100 and 1,000 dollars are issued by the Bank of Canada and are produced in Ottawa.

Regarding the economy, the Organization for Economic Cooperation and Development (OECD) recently confirmed that Canada has passed its tipping point and is heading towards a period of moderate growth, after the hard blow represented by the SARS-CoV-2 pandemic.

On the other hand, we also note that Canada managed to position itself as the main trading partner of the United States at the end of 2021, with a share of 14.5% of the country's 15 main partners.

He International Monetary Fund (IMF) forecasts that Canada will grow by 4.1% in 2022 and 2.8% by 2023, which would mean a slowdown after the 4.7 reached in 2021.