DASH/CAD: what to know
The DASH/CAD rate shows how much CAD you get for 1 DASH. Right now, 1 DASH buys 74.9636 CAD at the mid-market rate. In the other direction, 1 CAD is worth 0.0133 DASH.
In the short term DASH is driven mainly by crypto-market sentiment, while CAD responds to oil prices and the US economy.
“Dash” stands for “digital cash”; it focuses on fast, private payments. 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”.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.