About this pair
CAD/XPT: what to know
The CAD/XPT rate shows how much XPT you get for 1 CAD. Right now, 1 CAD buys 0.000401103 XPT at the mid-market rate. In the other direction, 1 XPT is worth 2,493.12 CAD.
In the short term CAD is driven mainly by oil prices and the US economy, while XPT responds to industrial (auto) demand and 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”. Platinum is rarer than gold and vital for 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.