Canadian Dollar

Canadian Dollar

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

Palladium Ounce

Palladium Ounce

Palladium is a chemical element with symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by William Hyde Wollaston. He named it after the asteroid Pallas, which was itself named after the epithet of the Greek goddess Athena, acquired by her when she slew Pallas. Palladium, platinum, rhodium, ruthenium, iridium and osmium form a group of elements referred to as the platinum group metals (PGMs). These have similar chemical properties, but palladium has the lowest melting point and is the least dense of them. More than half the supply of palladium and its congener platinum is used in catalytic converters, which convert as much as 90% of the harmful gases in automobile exhaust (hydrocarbons, carbon monoxide, and nitrogen dioxide) into less noxious substances (nitrogen, carbon dioxide and water vapor). Palladium is also used in electronics, dentistry, medicine, hydrogen purification, chemical applications, groundwater treatment, and jewelry. Palladium is a key component of fuel cells, which react hydrogen with oxygen to produce electricity, heat, and water. Ore deposits of palladium and other PGMs are rare. The most extensive deposits have been found in the norite belt of the Bushveld Igneous Complex covering the Transvaal Basin in South Africa; the Stillwater Complex in Montana, United States; the Sudbury Basin and Thunder Bay District of Ontario, Canada; and the Norilsk Complex in Russia. Recycling is also a source, mostly from scrapped catalytic converters. The numerous applications and limited supply sources result in considerable investment interest.

1484 Canadian Dollar to Palladium Ounce exchange rates chart

1484 CAD to XPD exchange rates graph
1484 CAD to XPD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1484 CAD to XPD exchange rates table

Exchange CAD to XPD
1484 Canadian Dollar = 0.997 Palladium Ounce
2968 Canadian Dollar = 1.994 Palladium Ounce
7420 Canadian Dollar = 4.984 Palladium Ounce
14840 Canadian Dollar = 9.969 Palladium Ounce
Exchange Canadian Dollar to Palladium Ounce
1484 Canadian Dollar to Palladium Ounce Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1484 CAD to XPD exchange rates news

C$ steadies after hitting 4-month low on oil price slump

updates prices); Canadian dollar near flat against the greenback; Loonie touches its weakest since July 20 at 1.3264; Price of U.S. oil slumps 7.1.

indicative neutral
Canadian dollar steadies after hitting four-month low on oil price...

The Canadian dollar was little changed against the greenback on Tuesday, steadying after it touched the weakest level in nearly four months earlier in the session as a sell-off in oil accelerated.

indicative neutral
USD/CAD - Canadian Dollar Sinking in Oil

The Canadian dollar is caught between a rock and a hard place. The rock is widespread U.S. dollar demand against the major G-10 currencies, and the hard place is falling oil prices. West Texas Intermediate oil prices have dropped 11% in November, and ...

imperative negative
Gold climbs back above $1,200/oz as dollar rally pauses

* Silver touches lowest since Sept. 11; * GRAPHIC-2018 asset returns: http://tmsnrt.rs/2jvdmXl

indicative negative
Precious metal prices decrease in Azerbaijan
Precious metal prices decrease in Azerbaijan

Prices for precious metals decreased in Azerbaijan on Nov. 12, according to the data published by the country’s Central Bank.

indicative neutral
Gold falls to one-month low as dollar rises

Silver falls to two-month low; Main support lies at $1,200 for gold-analyst

indicative neutral
Precious Metals Weekly Round-Up: Gold Dips on Fed Policy Statement
Precious Metals Weekly Round-Up: Gold Dips on Fed Policy Statement

Despite posting some gains earlier in the week, the precious metals took some hits following the Fed policy statement and were down on Friday.

conditional neutral
Gold falls to one-month low as Fed affirms rate-hiking stance

Gold set for worst week since mid August; Dollar index holds near multi-month highs; Silver on course for biggest drop since February

conditional neutral

1484 CAD to XPD currency converter