Canadian dollar / South Korean won

The Canadian Dollar (CAD) is a global reserve currency and an important part of the global financial system. It is used by investors and traders in international markets as a safe haven asset, to hedge against currency risks, and to make investments in other currencies. It is also used as a medium of exchange for goods and services, and as a unit of account for pricing and measuring the value of goods and services domestically and internationally. The Canadian Dollar is an important part of the global financial system, and its value is closely monitored by international investors, traders, and central banks.