About this pair
XPD/CAD: what to know
The XPD/CAD rate shows how much CAD you get for 1 XPD. Right now, 1 XPD buys 1,807.82 CAD at the mid-market rate. In the other direction, 1 CAD is worth 0.000553152 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while CAD responds to oil prices and the US economy.
Palladium is used mainly in petrol-engine catalytic converters. 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 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.