Understanding the ALGO to CAD Exchange Rate
The Algorand to Canadian Dollar (ALGO/CAD) pairing is a key metric for investors and traders in the Canadian crypto market. This guide provides a detailed, real-time overview of the current exchange rate, historical performance, and essential conversion data to help you make informed decisions.
As of the latest update, the live price of 1 Algorand (ALGO) is approximately $0.2394 CAD. This represents a decrease of about 5.60% over the past 24 hours. The value of ALGO has also seen a downward trend over the last month, decreasing by roughly 8.15% against the Canadian Dollar.
Why Monitor the ALGO/CAD Pair?
Tracking the ALGO to CAD exchange rate is crucial for several reasons:
- It helps Canadian investors assess the value of their Algorand holdings in local currency.
- Traders can identify trends and potential entry or exit points.
- Users making transactions can ensure they get a fair and current conversion rate.
Our converter updates in real-time, providing you with the most accurate price data every time you use it.
Live ALGO to CAD Conversion Tables
Below are the real-time conversion rates for various amounts of Algorand to Canadian Dollars and vice versa. These tables are updated continuously to reflect the latest market price.
Convert ALGO to CAD
| Amount of ALGO | Value in CAD (Approx.) |
|---|---|
| 0.5 ALGO | $0.1197 |
| 1 ALGO | $0.2395 |
| 5 ALGO | $1.20 |
| 10 ALGO | $2.39 |
| 50 ALGO | $11.97 |
| 100 ALGO | $23.95 |
| 500 ALGO | $119.75 |
| 1000 ALGO | $239.50 |
Convert CAD to ALGO
| Amount of CAD | Amount of ALGO (Approx.) |
|---|---|
| $0.50 CAD | 2.09 ALGO |
| $1 CAD | 4.18 ALGO |
| $5 CAD | 20.88 ALGO |
| $10 CAD | 41.75 ALGO |
| $50 CAD | 208.77 ALGO |
| $100 CAD | 417.54 ALGO |
| $500 CAD | 2,087.71 ALGO |
| $1000 CAD | 4,175.42 ALGO |
For the most precise calculations tailored to your specific needs, you can always 👉 use a live currency conversion tool.
Historical ALGO to CAD Price Performance
Analyzing past price movements can provide valuable context for the current market sentiment. The table below shows the daily closing rate for ALGO/CAD over the past week.
| Date | 1 ALGO to CAD | 24h Change |
|---|---|---|
| July 02, 2025 | $0.2395 | +2.53% |
| July 01, 2025 | $0.2336 | -7.43% |
| June 30, 2025 | $0.2523 | -0.80% |
| June 29, 2025 | $0.2544 | +5.32% |
| June 28, 2025 | $0.2416 | +0.81% |
| June 27, 2025 | $0.2396 | +2.15% |
| June 26, 2025 | $0.2345 | -2.64% |
Note: Historic prices are taken at the daily closing time of 00:00 UTC.
This historical data shows significant volatility, with 24-hour changes ranging from -7.43% to +5.32%. The overall trend for the week has been a net decrease, with the rate dropping by approximately 5.60% in the last 24 hours alone.
Frequently Asked Questions (FAQs)
What is the current price of 1 Algorand (ALGO) in Canadian Dollars?
The current price of 1 Algorand (ALGO) is approximately $0.2395 CAD. This rate fluctuates constantly based on market supply and demand, so it's essential to check a live converter for the most up-to-date value before any transaction.
How much ALGO can I get for 1 Canadian Dollar?
As of the latest update, 1 Canadian Dollar ($1 CAD) can buy you approximately 4.18 ALGO. This conversion rate changes in real-time with the market, affecting how much cryptocurrency you can acquire for your fiat currency.
What was the highest price ALGO has ever reached against the CAD?
Algorand (ALGO) reached its all-time high price against the Canadian Dollar on June 21, 2019, when it hit $4.48 CAD. This historical peak is a key reference point for long-term investors analyzing the asset's potential.
How has ALGO performed against the CAD recently?
Over the past 30 days, the value of Algorand has decreased by about 8.2% against the Canadian Dollar. This short-term trend is an important factor for traders considering the market's momentum and potential future direction.
Why does the ALGO to CAD exchange rate change so frequently?
The exchange rate is determined by the global cryptocurrency market, which operates 24/7. Prices change due to a complex mix of factors including trading volume, overall market sentiment, news events, technological developments on the Algorand blockchain, and broader economic indicators.
Where is the best place to get a live ALGO/CAD conversion rate?
For the most accurate and real-time conversion rate, it is recommended to use a reputable and updated cryptocurrency converter or exchange platform that sources its data from multiple liquidity providers to ensure accuracy. To 👉 check the latest real-time exchange rates, always refer to a trusted source.