Currency

Canadian Dollar Falls to 90-Day Low in Volatility

The Canadian Dollar (CAD/IRR) recorded its lowest volatility level in 90 days during the November 8, 2026 session. The contraction in price fluctuation marks...

Market event cover: large price move

The Canadian Dollar (CAD/IRR) recorded its lowest volatility level in 90 days during the November 8, 2026 session. The contraction in price fluctuation marks a noticeable tightening of the currency's trading range compared to previous periods over the established lookback window.

Interactive price chart

Event Details

During the session on November 8, 2026, the Canadian Dollar registered a volatility reading of 0.897725 percent across a 20-session window. This figure moves below the prior record of 0.923718 percent, establishing a new 90-day low for the metric. Price action for the day ranged between an intra-day high of 1,884,800.0 IRR and a low of 1,869,000.0 IRR, opening at 1,883,200.0 IRR and closing at 1,876,300.0 IRR.

Conclusion

The drop in the 90-day volatility metric to 0.897725 percent represents a contraction in the trading range for the Canadian Dollar against the Iranian Rial. This shift below the previous record of 0.923718 percent highlights a tightening of session-to-session fluctuations within the 20-session observation window.

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