Today the euro is traded today 1.47 Canadian dollars on averageso that it represented a variation of 0.26% compared to 1.47 Canadian dollars of the previous session.

Over the past seven days, the euro recorded a decrease in 0.12% even if, on the contrary, for a year it has always maintained an increase 2.1%.

Compared to previous days, there have been three consecutive days with negative figures. The volatility figure is visibly lower than that accumulated last year, showing that it has been behaving more stable than expected lately.

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 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, 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 United States' main trading partner 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 by 2023, by 2.8%, which would mean a slowdown after the 4.7 reached in 2021.