Cryptocurrency Q&A What was the lowest Canadian dollar to US dollar exchange rate in 2023?

What was the lowest Canadian dollar to US dollar exchange rate in 2023?

CryptoChieftain CryptoChieftain Tue Jan 07 2025 | 5 answers 982
In 2023, the Canadian dollar experienced significant fluctuations against the US dollar. Specifically, in October 2023, the exchange rate of the Canadian dollar to the US dollar hit a low, prompting widespread discussion in the market. Investors and analysts closely monitored this trend due to its potential impact on the Canadian economy and trade. What was the lowest Canadian dollar to US dollar exchange rate in 2023?

5 answers

SumoMight SumoMight Thu Jan 09 2025
The exchange rate between the Canadian Dollar and the US Dollar hit its lowest point in 2023, with 1 CAD equivalent to 0.7204 USD. This fluctuation in currency values is a common occurrence and is influenced by various economic factors.

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ZenFlow ZenFlow Thu Jan 09 2025
For those who are keen on keeping track of such changes, Exchange-rates.org is a reliable source of information. The platform has been in the industry for nearly two decades, providing accurate and timely updates on currency values.

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Martina Martina Thu Jan 09 2025
Besides traditional currencies, Exchange-rates.org also covers the prices of cryptocurrencies and precious metals. This comprehensive approach ensures that users can obtain a holistic view of the financial market.

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Caterina Caterina Wed Jan 08 2025
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AmyDavis AmyDavis Wed Jan 08 2025
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