On the last day, the euro was traded at the close of 1.46 Canadian dollars on averageit is therefore a variation of 0.31% compared to the average of 1.46 CAD the day before.

Considering last week, the euro marks an ascent of 0.06%so that on a year-over-year basis, it still accumulates a rise of 7.87%.

Regarding the variations of this day compared to past days, it reversed the data of the previous day, when it ended with an increase of 0.01%, without being able to establish a stable trend in recent dates . The volatility for the last seven days was 6.09%, which is slightly lower than the annual volatility figure (6.58%), showing that it can be said to be going through a period of greater stability these last time.

He Canadian dollar It is the official monetary unit in Canada, to refer to it the initials CAD are used 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, the Spanish dollar and the peso.

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

Canadian coins of 1, 5, 10 and 25 are currently used pennies, 1 and 2 dollars, issued by the Royal Canadian Mint; however, $5, $10, $20, $50, $100 and $1,000 notes are issued by the Bank of Canada and are produced in Ottawa.

In economic matters, the Organization for Economic Co-operation and Development (OECD) recently confirmed that Canada has passed its tipping point and it is heading for a period of moderate growth, after the severe blow represented by the SARS-CoV-2 pandemic.

On the other hand, it is also necessary that Canada has succeeded in positioning itself as the main trading partner of the United States at the end of 2021, with a participation of 14.5% compared to the 15 main partners of the country.

He International Monetary Fund (IMF) predicts that Canada will grow by 4.1% in 2022 and 2.8% in 2024, which would mean a slowdown from the 4.7 reached in 2021.