What caused the Canadian dollar to drop in 2015?

The TSX’s biggest drag has been oil prices, which this year continued the decline they started in the latter half of 2014. Since Dec. 31 last year, the price of a barrel of West Texas Intermediate has lost 38.6 per cent in 2015, far and away its worst year since the global financial crisis in 2009.

What was the average USD to CAD exchange rate in 2015?

1.2789 CAD
Welcome to the 2015 USD CAD history summary. This is the US Dollar (USD) to Canadian Dollar (CAD) exchange rate history data page for the year of 2015, covering 365 days of USD CAD historical data. Best exchange rate: 1.3955 CAD on 19 Dec 2015. Average exchange rate in 2015: 1.2789 CAD.

What happened to the Canadian dollar in 2014?

Best exchange rate: 1.1656 CAD on 15 Dec 2014. Average exchange rate in 2014: 1.1048 CAD. Worst exchange rate: 1.0633 CAD on 01 Jul 2014.

What was the US dollar rate in 2015?

Average exchange rate in 2015: 64.1324 INR. Worst exchange rate: 61.35 INR on 28 Jan 2015.

What was the Canadian dollar in 2012?

Average exchange rate in 2012: 0.9997 CAD.

When was the last time CAD was higher than USD?

On September 20, 2007, the Canadian dollar reached parity with the US dollar for the first time in close to 31 years, with a 62% rise in less than six years driven in part by record high prices for oil and other commodities.

Why did the Canadian dollar drop in 2013?

Commodity prices began to stumble in 2013-14, reflecting ebbing Chinese demand and an unwillingness by the Organization of the Petroleum Exporting Countries (OPEC) to sustain oil prices at a high level. With commodity prices falling, so did the Canadian dollar.

What was the us Dollar rate in 2015?

What was the Canadian dollar worth in 2013?

This is the Canadian Dollar (CAD) to US Dollar (USD) exchange rate history data page for the year of 2013, covering 365 days of CAD USD historical data. Best exchange rate: 1.0169 USD on 10 Jan 2013. Average exchange rate in 2013: 0.971 USD. Worst exchange rate: 0.9332 USD on 18 Dec 2013.