Difference between revisions of "Canadian Dollar"
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| − | The '''Canadian Dollar''' is the official currency of Canada. In October 2007, the Canadian dollar became more valuable than the [[United States of America|American]] [[dollar]] for the first time since the 1960s. | + | The '''Canadian Dollar''' is the official currency of Canada. In October 2007, the Canadian dollar became more valuable than the [[United States of America|American]] [[dollar]] for the first time since the 1960s. However, this was not so much an increase in the value of the Canadian dollar, but a decrease in the value of the American dollar. The Canadian dollar has stayed relatively steady against the Euro and other major currencies, while the US dollar ha fallen. |
[[Category: Economics]] | [[Category: Economics]] | ||
[[Category: Canada]] | [[Category: Canada]] | ||
Revision as of 18:59, November 8, 2007
The Canadian Dollar is the official currency of Canada. In October 2007, the Canadian dollar became more valuable than the American dollar for the first time since the 1960s. However, this was not so much an increase in the value of the Canadian dollar, but a decrease in the value of the American dollar. The Canadian dollar has stayed relatively steady against the Euro and other major currencies, while the US dollar ha fallen.