He euro was paid at the close of the 1.43 Canadian dollars on averagewhich represents a variation of 0.15% compared to the previous day’s data, where it was quoted at 1.44 Canadian dollars on average.

Concerning the last seven days, the euro notes a decrease in 0.53%therefore in interannual terms, it still maintains a decrease of 0.87%.

Compared to previous days, the situation was reversed compared to the day before, during which an increase of 0.05% was recorded, showing in recent days a lack of continuity in the result. Concerning the volatility of the last days, it is visibly lower than the data obtained for last year (6.3%), presenting itself as a value with less variations than normal in recent dates.

He Canadian dollar It is the official monetary unit in Canada, it is represented by the acronym CAD and 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, banknotes of 5, 10, 20, 50, 100 and 1,000 dollars are issued by the Bank of Canada and are produced in Ottawa.

In the economic field, 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, Canada also managed to position itself as the main trading partner of the United States at the end of 2021, with a 14.5% share among the country’s top 15 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.