What is the lowest the Canadian dollar has ever been?
69.13 cents
The Bank of Canada’s key interest rate reached 21.2% in 1981, and the Canadian dollar hit an all-time low of 69.13 cents (US) on February 4, 1986.
What was the Canadian dollar worth in 1994?
When $100 is equivalent to $159.21 over time, that means that the “real value” of a single Canadian dollar decreases over time….Buying power of $100 in 1994.
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1994 | $100.00 | 0.23% |
| 1995 | $101.74 | 1.74% |
| 1996 | $103.94 | 2.16% |
| 1997 | $104.75 | 0.78% |
What country is US money worth the most?
11 countries where the dollar is strong
- Argentina. Places where the dollar goes far are also the most beautiful!
- Egypt. Rent and food costs in Egypt are so low you may not believe it at first.
- Mexico. We hear this one all the time.
- Vietnam.
- Peru.
- Costa Rica.
- Canada.
- Puerto Rico.
When was the last time the Canadian dollar was worth more than the American?
As an inflation-fighting measure, the Canadian dollar was allowed to float in 1970. Its value appreciated and it was worth more than the U.S. dollar for part of the 1970s. The high point was on April 25, 1974, when it reached US$1.0443.
When was the last time the Canadian dollar was at par with the US?
2008
The last time Canada’s finances were this in the black, in 2008, the currency traded at par with the greenback. Now it’s about 20 cents shy.
How much is a 1994 dollar worth today?
$1 in 1994 is equivalent in purchasing power to about $1.85 today, an increase of $0.85 over 27 years. The dollar had an average inflation rate of 2.31% per year between 1994 and today, producing a cumulative price increase of 85.09%.
How much does a 1994 Canadian weigh?
Canadian Dollar “Remembrance” 1994 KM# 248 Weight: 7 g. Diameter: 26.5 mm.