He euro is quoted at the start of the day today 1.47 Canadian dollars on averagewhich implied a variation of 0.34% compared to 1.47 Canadian dollars the day before.

Looking at last week's data, the euro recorded a decrease in 0.14%%; although, in interannual terms, it still maintains an increase 0.76%.

Comparing this data with that of previous days gives two consecutive negative days. During the last week, the volatility is significantly lower than that accumulated over the last year, presenting itself as a value with less variations than indicated by the general trend of recent days.

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 issue 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.

In economic matters, 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.