CADPLN (Canadian Dollar vs Polish Zloty). Exchange rate and online charts.
Currency converter
24 Mar 2025 17:29
(-0.01%)
Closing price, the previous day.
Opening price.
The highest price over the last trading day.
The lowest price over the last trading day
Price range high in the last week
Price range low in the last week
The CAD/PLN pair is not in high demand in the forex market. The pair is a cross rate against the US dollar. The Canadian dollar is the base currency, while the Polish zloty is the quoted one. The cross rate indicates how many units of PLN should be paid for one unit of CAD. The quote of the pair is based on the exchange rate of each of these currencies against the US dollar.
Features of CAD/PLN
The CAD/PLN pair hinges on world oil prices, as Canada is one of the largest oil exporters.
Therefore, the Canadian dollar strengthens when the value of the commodity rises and weakens when oil falls.
Poland is a developed European country with a relatively high level of economy. In addition to active financial support from the EU, the state's main sources of income are engineering, chemicals, coal mining, and shipbuilding, as the country has access to the Baltic Sea.
Although Poland is part of the European Union, its national currency is the Polish zloty. The exchange rate of Poland's national currency depends on such factors as the country's international credit rating, as well as the state of the major sectors of the Polish economy and the European Union.
How to trade CAD/PLN
When trading cross rates, speculators should be aware that brokers usually set higher spreads on them than on the more popular currency pairs. Therefore, you should carefully read the terms and conditions offered by the broker for this trading instrument.
The CAD/PLN pair is significantly influenced by the US dollar. This can be seen by combining USD/CAD and USD/PLN price charts. This way, we can get an estimated chart for the CAD/PLN pair. When forecasting the price movement of this financial instrument, such economic indicators as GDP, discount rate, unemployment rate, etc. must be taken into account.
See Also
- Last week, the pair moved downward and tested the 14.6% retracement level at 1.2879 (red dashed line), closing the weekly candle at 1.2915. In the upcoming week, the price may continue moving upward.
Author: Stefan Doll
14:24 2025-03-24 UTC+2
1063
Wave analysis
Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, #Ethereum, #Litecoin – March 24th
In the coming days, GBP is expected to move sideways with a flat bias. Pressure on the lower boundary of the support zone is possible, followed by stabilization and the formation of reversal conditions.Author: Isabel Clark
12:21 2025-03-24 UTC+2
748
The outcomes of the Bank of England and FOMC meetings contradicted each other.Author: Samir Klishi
12:25 2025-03-24 UTC+2
733
- Technical analysis / Video analytics
Forex forecast 24/03/2025: EUR/USD, GBP/USD, USD/JPY, Gold and Bitcoin
Technical analysis of EUR/USD, GBP/USD, USD/JPY, Gold and Bitcoin.Author: Sebastian Seliga
15:34 2025-03-24 UTC+2
733
Wave analysis
Weekly Forecast Based on Simplified Wave Analysis: EUR/USD, USD/JPY, GBP/JPY, USD/CAD, #Bitcoin, #Ripple – March 24th
A continuation of the overall sideways movement of the euro is expected in the coming week, fluctuating between the nearest opposing zones. A downward vector is more likely in the early days.Author: Isabel Clark
12:13 2025-03-24 UTC+2
718
The bulls attacked for two weeks, but now it's time for a pause.Author: Samir Klishi
13:55 2025-03-24 UTC+2
673
- Stock Markets
US stock market on March 24: SP500 and NASDAQ gathering steam in light of news on tariffs
Following Friday's regular session, US major stock indices closed with modest gains. The S&P 500 rose by 0.08%, while the Nasdaq 100 added 0.22%.Author: Jakub Novak
11:42 2025-03-24 UTC+2
628
Last week, the pair moved downward and tested the historical resistance level of 1.0948 (light blue dashed line), after which the price declined and closed the weekly candle at 1.0815. In the upcoming week, the price may continue moving upward.Author: Stefan Doll
14:22 2025-03-24 UTC+2
613
Friday's US trading session brought a welcome surprise for those betting on natural gas futures, while oil traders were left somewhat disappointed.Author: Andreeva Natalya
13:39 2025-03-24 UTC+2
613
- Last week, the pair moved downward and tested the 14.6% retracement level at 1.2879 (red dashed line), closing the weekly candle at 1.2915. In the upcoming week, the price may continue moving upward.
Author: Stefan Doll
14:24 2025-03-24 UTC+2
1063
- Wave analysis
Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, #Ethereum, #Litecoin – March 24th
In the coming days, GBP is expected to move sideways with a flat bias. Pressure on the lower boundary of the support zone is possible, followed by stabilization and the formation of reversal conditions.Author: Isabel Clark
12:21 2025-03-24 UTC+2
748
- The outcomes of the Bank of England and FOMC meetings contradicted each other.
Author: Samir Klishi
12:25 2025-03-24 UTC+2
733
- Technical analysis / Video analytics
Forex forecast 24/03/2025: EUR/USD, GBP/USD, USD/JPY, Gold and Bitcoin
Technical analysis of EUR/USD, GBP/USD, USD/JPY, Gold and Bitcoin.Author: Sebastian Seliga
15:34 2025-03-24 UTC+2
733
- Wave analysis
Weekly Forecast Based on Simplified Wave Analysis: EUR/USD, USD/JPY, GBP/JPY, USD/CAD, #Bitcoin, #Ripple – March 24th
A continuation of the overall sideways movement of the euro is expected in the coming week, fluctuating between the nearest opposing zones. A downward vector is more likely in the early days.Author: Isabel Clark
12:13 2025-03-24 UTC+2
718
- The bulls attacked for two weeks, but now it's time for a pause.
Author: Samir Klishi
13:55 2025-03-24 UTC+2
673
- Stock Markets
US stock market on March 24: SP500 and NASDAQ gathering steam in light of news on tariffs
Following Friday's regular session, US major stock indices closed with modest gains. The S&P 500 rose by 0.08%, while the Nasdaq 100 added 0.22%.Author: Jakub Novak
11:42 2025-03-24 UTC+2
628
- Last week, the pair moved downward and tested the historical resistance level of 1.0948 (light blue dashed line), after which the price declined and closed the weekly candle at 1.0815. In the upcoming week, the price may continue moving upward.
Author: Stefan Doll
14:22 2025-03-24 UTC+2
613
- Friday's US trading session brought a welcome surprise for those betting on natural gas futures, while oil traders were left somewhat disappointed.
Author: Andreeva Natalya
13:39 2025-03-24 UTC+2
613
