Currency.Wiki

1 Canadian Dollar to Dominican Peso

Updated 15 minutes ago
Convert 1 CAD:DOP
 CAD =
    DOP
 Canadian Dollar =  Dominican Pesos
Trending: CA$ exchange rates for the last 24 hours
  • CAD/USD 0.728147 -0.01478285
  • CAD/EUR 0.677743 -0.01158056
  • CAD/JPY 113.331270 2.43804381
  • CAD/GBP 0.582771 -0.00588056
  • CAD/CHF 0.661285 0.01234307
  • CAD/MXN 12.298565 -0.44155923
  • CAD/INR 60.767978 -0.88234935
  • CAD/BRL 3.708887 -0.00078212
  • CAD/CNY 5.260931 -0.02560541

CAD/DOP exchange rate analysis over the past 90 days

Canadian Dollar to Dominican Peso exchange rate: Over the last 90 days, the Canadian Dollar weakened by -2.97% against the Dominican Peso, declining from RD$43.5636 to RD$42.3053 per Canadian Dollar. This trend reflects the evolving economic dynamics between the Canada and the Dominican Republic. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Canada and Dominican Republic.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Canada and Dominican Republic.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Canada or Dominican Republic.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Canada relative to the Dominican Republic.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

cad/dop Historical Chart

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

RD$
Dominican Peso Currency

Country: Dominican Republic

Symbol: RD$

ISO Code: DOP

Bank: Central Bank of the Dominican Republic

Interesting fact about Dominican Peso

The Dominican Peso (DOP) is the official currency of the Dominican Republic. It has been in circulation since 1844 when the country gained independence. The DOP is important for trade, tourism, and daily financial transactions within the country. It is regulated by the Central Bank of the Dominican Republic and has a stable exchange rate against the US Dollar.

Quick Conversion Guide

Frequently Asked Questions

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The Canadian Dollar to Dominican Peso exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 CAD to DOP is RD$42.31.
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Yes, our site provides historical charts that show the trends and fluctuations in the Canadian Dollar to Dominican Peso exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.