About this pair
CAD/XPD: what to know
The CAD/XPD rate shows how much XPD you get for 1 CAD. Right now, 1 CAD buys 0.000553252 XPD at the mid-market rate. In the other direction, 1 XPD is worth 1,807.49 CAD.
In the short term CAD is driven mainly by oil prices and the US economy, while XPD responds to auto demand and tight supply.
The Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”. Palladium is used mainly in petrol-engine catalytic converters.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.