Figure 42.4Purchasing Power Parity Versus the Nominal Exchange Rate, 1990ā€“2013
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Purchasing Power Parity Versus the Nominal Exchange Rate, 1990ā€“2013The purchasing power parity between the United States and Canadaā€”the exchange rate at which a basket of goods and services would have cost the same amount in both countriesā€”changed very little over the period shown, staying near C$1.20 per US$1. But the nominal exchange rate fluctuated widely.
Source: OECD.
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