About this pair
XPT/CAD: what to know
The XPT/CAD rate shows how much CAD you get for 1 XPT. Right now, 1 XPT buys 2,483.08 CAD at the mid-market rate. In the other direction, 1 CAD is worth 0.000402726 XPT.
In the short term XPT is driven mainly by industrial (auto) demand and supply, while CAD responds to oil prices and the US economy.
Platinum is rarer than gold and vital for 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.