Initask FX

USD to CAD in 2008

Average: 1.0658 CAD

In 2008 the USD/CAD rate averaged 1.0658 over 256 business days. The low of the year was 0.97738 on February 28, 2008, the high 1.2913 on December 5, 2008. Between the first and the last rate of the year the pair moved from 0.98822 to 1.2214 (+23.59%).

January 2, 2008December 31, 2008

High 1.2913 CAD (December 5, 2008) Low 0.97738 CAD (February 28, 2008)

Months

MonthAverageLowHighCloseChange
January1.00980.988181.03170.99839+1.03%
February0.999530.977381.01660.98207-1.52%
March0.999380.977431.02621.0262+4.37%
April1.01361.00151.02611.0096-1.61%
May0.998360.983431.01660.99188-2.43%
June1.01610.996071.02921.0113+1.53%
July1.01300.999311.02431.0230+0.47%
August1.05291.02611.06901.0526+2.59%
September1.05801.03411.07331.0460-1.87%
October1.17691.05901.28801.2292+16.07%
November1.21821.15451.28161.2395+3.60%
December1.23521.19271.29131.2214-2.07%

The ECB publishes euro reference rates around 16:00 CET on TARGET business days. Cross rates between two non-euro currencies are calculated from their euro rates. Reference rates serve for information; a bank or card issuer applies its own rate.

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