Currency.Wiki

1 Canadian Dollar to Bitcoin

Updated 2 minutes ago
Convert 1 CAD:BTC
 CAD =
    BTC
 Canadian Dollar =  Bitcoins
Trending: CA$ exchange rates for the last 24 hours
  • CAD/USD 0.725646 -0.01710269
  • CAD/EUR 0.682200 0.00106244
  • CAD/JPY 112.193614 2.16774160
  • CAD/GBP 0.583906 -0.00075203
  • CAD/CHF 0.662219 0.01728337
  • CAD/MXN 12.405614 -0.28454782
  • CAD/INR 60.650421 -1.08861451
  • CAD/BRL 3.804563 0.14206826
  • CAD/CNY 5.251865 -0.03316535

CAD/BTC exchange rate analysis over the past 90 days

Canadian Dollar to Bitcoin exchange rate: Over the last 90 days, the Canadian Dollar weakened by -54.90% against the Bitcoin, declining from ₿0.000018 to ₿0.000012 per Canadian Dollar. This trend reflects the evolving economic dynamics between the Canada and the Worldwide. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Canada and Worldwide.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Canada and Worldwide.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Canada or Worldwide.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Canada relative to the Worldwide.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

cad/btc Historical Chart

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

Bitcoin Currency

Country: Worldwide

Symbol:

ISO Code: BTC

Bank: Decentralized

Interesting fact about Bitcoin

Bitcoin (BTC) is a digital currency that was introduced in 2009 by an anonymous person or group named Satoshi Nakamoto. It operates without a central authority or government control, using a decentralized ledger called blockchain. Bitcoin allows for peer-to-peer transactions, offering security, transparency, and lower fees than traditional financial systems. Its significance lies in being the first successful cryptocurrency, inspiring the development of thousands of alternative digital currencies and sparking a revolution in financial technology.

Quick Conversion Guide

Frequently Asked Questions

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The Canadian Dollar to Bitcoin exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 CAD to BTC is ₿0.
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Yes, our site provides historical charts that show the trends and fluctuations in the Canadian Dollar to Bitcoin exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.