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PRL to CAD Converter and calculator

PRL/CAD: 1 PRL = 0.0007770 CAD. The price of converting 1 The Parallel (PRL) to Canadian Dollar (CAD) is 0.0007770 CAD today.
PRL
PRL
CAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRL to CAD real-time exchange rates, making it easy to convert The Parallel (PRL) to Canadian Dollar (CAD). The conversion result is based on real-time data. The conversion result shows that 1 PRL is currently valued at 0.00 CAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRL is currently valued at 0.00 CAD, which means buying 5 PRL would cost 0.00 CAD. Similarly, C$1 CAD can be converted to 1,287.06 PRL, and C$50 CAD can be converted to 6,435.28 PRL, excluding any platform or gas fees.

Convert PRL to CAD

Convert CAD to PRL

The Parallel
Canadian Dollar
In the table above, you'll find a comprehensive PRL to CAD converter that shows the value of The Parallel in Canadian Dollar across commonly used conversion amounts. The list covers conversions from 1 PRL to CAD, all the way up to 10000 PRL, providing a clear view of their respective values.
Canadian Dollar
The Parallel
1000 CAD
1,287,055.17 PRL
2000 CAD
2,574,110.35 PRL
5000 CAD
6,435,275.87 PRL
10000 CAD
12,870,551.74 PRL
50000 CAD
64,352,758.7 PRL
100000 CAD
128,705,517.39 PRL
In the table above, you'll find a comprehensive CAD to PRL converter that shows the value of Canadian Dollar in The Parallel across commonly used conversion amounts. The list covers conversions from 1 CAD to PRL, all the way up to 100000 CAD, providing a clear view of their respective values.

PRL to CAD chart

PRL/CAD: 1 PRL = 0.0007770 CAD; 2025/04/27 03:26:53
In the past 1D, The Parallel has changed -0.19% to CAD. Based on the trend and price charts, The Parallel(PRL) has changed -0.19% to CAD while Canadian Dollar(CAD) has changed % to PRL in the last 24 hours.
1D7D1M3M1YAll

PRL to CAD conversion data: Volatility and price changes of The Parallel in CAD

The highest The Parallel price in CAD over the past 7 days was 0.0007791 CAD while the lowest The Parallel price in CAD over the past 7 days was 0.0007743 CAD. The relative change between the highs and lows in The Parallel price in CAD over the last 7 days indicates a volatility of %. You can view additional volatility data and PRL to CAD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.0007788 CAD
0.0007791 CAD
0.0007885 CAD
0.0008018 CAD
Low
0.0007765 CAD
0.0007743 CAD
0.0007743 CAD
0.0007743 CAD
Average
0 CAD
0 CAD
0 CAD
0 CAD
Volatility
%
%
%
%
Change
-0.19%
+0.01%
-1.37%
-1.21%

The Parallel information

PRL to CAD market statistics

PRL/CAD:
C$0.0007770
PRL 24h volume:
C$1.35
PRL market cap:
--
PRL circulating supply:
0 PRL

Current PRL to CAD exchange rate

The Parallel to Canadian Dollar is rising this week.
The Parallel's current market price is C$0.0007770 per PRL, with a total market cap of C$0 CAD based on a circulating supply of -- PRL. The trading volume of The Parallel has changed by 0.00% (C$0 CAD) in the last 24 hours. Last trading day, PRL's trading volume was C$1.35.

More info about The Parallel on Bitget

Canadian Dollar information

About the Canadian Dollar (CAD)

What Is the Canadian Dollar (CAD)?

The Canadian dollar, symbolized as $ and often abbreviated as CAD, is the official currency of Canada. It's divided into 100 cents (¢). Unique to Canada, the dollar coin is commonly referred to as the "loonie," a nod to the image of a loon on its reverse side. The Canadian dollar is the sole legal tender in Canada. It holds a significant position in the global economy, being the sixth-most held reserve currency worldwide, favored for Canada's economic stability and strong sovereign position.

The Canadian dollar (CAD) is issued by the Bank of Canada, which is the central bank of the country. Established in 1934, the Bank of Canada is responsible for formulating Canada's monetary policy, issuing banknotes, regulating and supporting Canada's principal systems for clearing and settling payments, and promoting a safe and efficient financial system. The design and production of Canadian banknotes are overseen by the Bank of Canada, with a focus on ensuring their security and integrity as legal tender.

What Is the History of CAD?

In the early 19th century, Canada saw a mix of currencies, including British pounds, U.S. dollars, and Spanish dollars, circulating within its borders. As trade with the United States intensified, the necessity for a unified currency became clear, leading to the introduction of the Canadian dollar in 1858. This strategic move, aligning the Canadian dollar at par with the U.S. dollar, marked a significant shift from the previously dominant British pound and adopted the decimal system, simplifying transactions and distancing itself from the British pounds, shillings, and pence system. The gold standard, a mainstay of international finance, was adopted in 1853 but abandoned during World War I. Throughout the 19th and 20th centuries, the Canadian dollar underwent various changes, including pegs to the U.S. dollar during and post World War II. In 1950, Canada transitioned to a floating currency, allowing the Canadian dollar to occasionally trade above the U.S. dollar, until 1962 when it was pegged again at $0.925 USD. This peg remained until 1970, after which the Canadian dollar was allowed to float freely once more. The following decades witnessed the Canadian dollar's highs and lows, influenced by global economic trends, domestic policies, and Canada's significant exports, particularly in natural resources like oil.

Notes and Coins of CAD

The coinage includes the penny (1¢), which, although no longer produced or widely circulated, remains legal tender. The nickel (5¢), dime (10¢), quarter (25¢), and half dollar (50¢). Notably, the loonie and toonie, one and two-dollar coins, are essential for daily transactions in Canada.

Canadian banknotes, made from durable polymer, celebrate the nation's history and achievements. The $5 note pays tribute to Sir Wilfrid Laurier and space exploration, the $10 to Sir John A. Macdonald and Canada's landscapes, and the $20 to Queen Elizabeth II and the Vimy Memorial, symbolizing royal and military heritage. The $50 and $100 notes feature former Prime Ministers and themes of Arctic sovereignty and medical advancements.

Is CAD the Same Value as the USD?

No, the Canadian Dollar (CAD) is not the same value as the United States Dollar (USD). Although both currencies are called "dollars," they have different values on the foreign exchange market. As of January 2024, 1 Canadian Dollar was worth approximately 0.75 US Dollars. This exchange rate means that the Canadian Dollar is less valuable than the United States Dollar, so you would need more than one CAD to purchase one USD. However, it's important to note that exchange rates are constantly changing, so the exact value can vary from day to day.

Is CAD a Strong Currency?

The Canadian dollar, commonly referred to as the "loonie," is considered a relatively strong and stable currency, primarily due to Canada's sound economic fundamentals. While it doesn't match the supremacy of the US dollar or the Euro in global finance, it holds its own respectably. As of January 2024, 1 Canadian dollar was equivalent to approximately 0.75 US dollars, demonstrating its moderate strength in the foreign exchange market. The strength of the Canadian dollar is influenced by various factors, including Canada's political stability, a robust banking system, and a wealth of natural resources. Additionally, Canada's close trading relationship with the United States also plays a significant role in the currency's valuation. The Canadian dollar's value can fluctuate based on global oil prices, given the country's status as a major oil exporter.

Bitget crypto-to-fiat exchange data shows that the most popular The Parallel currency pair is the PRL to CAD, with for The Parallel's currency code being PRL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for CAD.

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How to convert PRL to CAD

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PRL to CAD Conversion tables

The exchange rate of The Parallel is decreasing.
The exchange rate of 1 PRL to Canadian Dollar has changed by +0.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.19%, reaching a high of 0.0007788 CAD and a low of 0.0007765 CAD . One month ago, the value of 1 PRL was C$0.0007878 CAD , which represents a -1.37% change from its current value. Over the last year, The Parallel has changed by
-C$
0.0002188CAD
, resulting in a change of -21.96% in its value.
24 hours ago1 month ago1 year ago
Amount03:26 am today24 hours ago24h change
0.5 PRLC$0.0003885C$0.0003892
-0.19%
1 PRLC$0.0007770C$0.0007784
-0.19%
5 PRLC$0.003885C$0.003892
-0.19%
10 PRLC$0.007770C$0.007784
-0.19%
50 PRLC$0.03885C$0.03892
-0.19%
100 PRLC$0.07770C$0.07784
-0.19%
500 PRLC$0.3885C$0.3892
-0.19%
1000 PRLC$0.7770C$0.7784
-0.19%

PRL to CAD FAQ

How much is 1 The Parallel in CAD?
Right now, the price of 1 The Parallel (PRL) in Canadian Dollar (CAD) is C$0.0007770.
How much PRL can I buy for 1 CAD?
Based on the current exchange rate, you can get 1,287.06 PRL for 1 CAD.
How do I calculate or convert PRL to CAD?
You can use our PRL to CAD calculator at the top of this page to convert any amount of PRL to CAD. We've also included quick-reference tables for the most popular conversions. For example, 5 CAD is equivalent to 6,435.28 PRL, while 5 PRL will cost around 0.003885CAD.
What is the highest price of PRL/CAD in history?
The all-time high price of 1 PRL in CAD is C$1.01. It remains to be seen if the value of 1 PRL/CAD will exceed the current all-time high.
What is the price trend of The Parallel in CAD?
Over the past 7 days, the exchange rate of The Parallel (PRL) has gone up by 0.01%.   Over the last month, the exchange rate of The Parallel (PRL) has gone down by 1.37% against Canadian Dollar (CAD).

What factors influence the conversion rate of PRL to CAD?

There are many factors that affect the relationship between The Parallel and Canadian Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PRL/CAD. When there is positive news in the market about the widespread adoption of PRL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRL/CAD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRL/CAD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PRL/CAD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of The Parallel and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.