The Algorand (ALGO) to Canadian Dollar (CAD) exchange rate is a key metric for investors, traders, and crypto enthusiasts tracking digital asset performance in the Canadian market. As of the latest update, 1 ALGO equals $0.2395 CAD, reflecting a 5.60% decrease over the past 24 hours. This article provides real-time data, historical trends, conversion tables, and essential insights to help you make informed decisions when converting or investing in Algorand.
Whether you're evaluating portfolio value, planning a transaction, or analyzing market movements, understanding ALGO to CAD dynamics is crucial in today’s fast-moving cryptocurrency landscape.
👉 Discover how Algorand's price trends can impact your digital investments today.
Current Algorand (ALGO) to CAD Exchange Rate
As of 11:02 AM today, the live conversion rate for Algorand to Canadian Dollar stands at:
- 1 ALGO = $0.2395 CAD
- Change over 24 hours: -5.60%
- Hourly change: Slight decrease (data pending)
- 30-day trend: Down by 8.15%
This positions Algorand as a mid-tier cryptocurrency with notable volatility, influenced by broader market sentiment, network developments, and macroeconomic factors affecting fiat currencies like the Canadian Dollar.
The price has fluctuated significantly over the past week, indicating active trading and responsiveness to global crypto market shifts.
Weekly ALGO to CAD Price History
Below is a detailed look at the daily closing prices of Algorand against the Canadian Dollar over the past seven days. All values are recorded at 00:00 UTC for consistency.
| Date | 1 ALGO to CAD | 24h Change |
|---|---|---|
| Jul 02, 2025 | $0.2395 | +2.53% |
| Jul 01, 2025 | $0.2336 | -7.43% |
| Jun 30, 2025 | $0.2523 | -0.80% |
| Jun 29, 2025 | $0.2544 | +5.32% |
| Jun 28, 2025 | $0.2416 | +0.81% |
| Jun 27, 2025 | $0.2396 | +2.15% |
| Jun 26, 2025 | $0.2345 | -2.64% |
From this data, we observe that ALGO experienced its most significant drop on July 1, falling nearly 7.5%, followed by a partial recovery on July 2. The highest point in the week was on June 29, where ALGO reached $0.2544, suggesting strong buying pressure during that period.
Despite brief rallies, the overall trend remains bearish in the short term.
Real-Time ALGO to CAD Conversion Table
Use this up-to-date conversion table to quickly calculate how much your Algorand holdings are worth in Canadian Dollars.
| Amount of ALGO | Value in CAD |
|---|---|
| 0.5 ALGO | $0.1197 |
| 1 ALGO | $0.2395 |
| 5 ALGO | $1.1975 |
| 10 ALGO | $2.395 |
| 50 ALGO | $11.975 |
| 100 ALGO | $23.95 |
| 500 ALGO | $119.75 |
| 1,000 ALGO | $239.50 |
This table is updated in real time based on current market conditions and reflects accurate pricing for common transaction sizes.
👉 See how much your crypto assets could be worth with live conversion tools.
Convert CAD to ALGO: How Many Tokens Can You Buy?
If you're looking to invest in Algorand using Canadian Dollars, this table shows how many ALGO tokens you can purchase at the current exchange rate.
| Amount in CAD | Amount in ALGO |
|---|---|
| $0.50 | 2.09 ALGO |
| $1 | 4.18 ALGO |
| $5 | 20.88 ALGO |
| $10 | 41.75 ALGO |
| $50 | 208.77 ALGO |
| $100 | 417.54 ALGO |
| $500 | 2,087.71 ALGO |
| $1,000 | 4,175.42 ALGO |
With $100, you can acquire over 417 ALGO tokens, making it accessible even for small-scale investors interested in diversifying into blockchain platforms focused on speed, scalability, and sustainability.
Historical High: All-Time Peak of ALGO Against CAD
Algorand reached its all-time high against the Canadian Dollar on June 21, 2019, when 1 ALGO was valued at $4.48 CAD. This peak came during the early enthusiasm following Algorand’s mainnet launch and initial coin offering (ICO), driven by strong institutional interest and marketing momentum.
While the current price is significantly lower—representing a decline of approximately 94.6% from its peak—this context highlights both the speculative nature of cryptocurrencies and the long-term potential if network adoption increases.
Market analysts suggest that future price growth depends heavily on ecosystem expansion, decentralized application (dApp) development, and integration with financial institutions.
Key Factors Influencing ALGO/CAD Price Movement
Several elements contribute to the fluctuation of Algorand's value in Canadian Dollars:
- Market Sentiment: General investor confidence in cryptocurrencies impacts demand.
- Network Upgrades: Technical improvements on the Algorand blockchain can boost utility and attract developers.
- Regulatory Environment: Canadian financial regulations around crypto trading affect local adoption.
- Global Economic Trends: Inflation rates, interest rate decisions by the Bank of Canada, and USD/CAD movements indirectly influence crypto valuations.
- Trading Volume: Higher volume on major exchanges often precedes price volatility.
Staying informed about these drivers helps investors anticipate potential shifts in the ALGO to CAD exchange rate.
Frequently Asked Questions (FAQs)
What is the current price of 1 Algorand (ALGO) in Canadian Dollars (CAD)?
As of today’s update, 1 Algorand (ALGO) is worth $0.2395 CAD. This rate fluctuates based on real-time market trading across global exchanges.
How many Algorand tokens can I buy with $1 CAD?
With $1 CAD, you can purchase approximately 4.1754 ALGO tokens at the current market rate.
When did Algorand reach its highest value against CAD?
Algorand hit its all-time high on June 21, 2019, when 1 ALGO traded for $4.48 CAD.
Has the value of Algorand increased or decreased over the past month?
Over the last 30 days, Algorand has decreased in value by 8.15% against the Canadian Dollar, indicating a bearish trend in the short term.
Is Algorand a good investment in Canada?
Algorand offers a high-performance blockchain with low transaction fees and fast finality, appealing to developers and institutions. However, like all cryptocurrencies, it carries risk due to volatility and regulatory uncertainty. Investors should conduct thorough research before committing funds.
Where can I track live ALGO to CAD prices?
You can monitor live exchange rates through trusted financial data platforms that provide real-time cryptocurrency pricing and interactive charts.
👉 Access real-time price tracking and advanced analytics for Algorand and other digital assets.
Final Thoughts on Algorand (ALGO) and the Canadian Market
Algorand continues to position itself as a scalable and sustainable blockchain solution with growing use cases in decentralized finance (DeFi), NFTs, and enterprise applications. While its price performance against the Canadian Dollar has been subdued recently, ongoing development and strategic partnerships may reignite investor interest.
For Canadian users, tracking the ALGO to CAD exchange rate provides valuable insight into purchasing power, portfolio valuation, and timing for entry or exit points in trading strategies.
By combining historical analysis, real-time data, and market context, you're better equipped to navigate the evolving world of digital currencies with confidence.
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