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Currency.Wiki
Updated 3 minutes ago
 CAD =
    QAR
 Canadian Dollar =  Qatari Rials
Trending: CA$ exchange rates for the last 24 hours
  • CAD/USD 0.693557 -0.02337855
  • CAD/EUR 0.671058 0.00298882
  • CAD/JPY 107.684580 -2.95044604
  • CAD/GBP 0.558163 0.00163952
  • CAD/CHF 0.630231 0.00239489
  • CAD/MXN 14.130893 -0.33077067
  • CAD/INR 60.379905 -0.02296919
  • CAD/BRL 4.064870 -0.00553402
  • CAD/CNY 4.985706 -0.16038781

CAD/QAR exchange rate analysis over the past 90 days

Canadian Dollar to Qatari Rial exchange rate: Over the last 90 days, the Canadian Dollar weakened by -3.94% against the Qatari Rial, declining from QR2.6110 to QR2.5120 per Canadian Dollar. This trend reflects the evolving economic dynamics between the Canada and the Qatar. Factors contributing to this weakening may include:

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

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

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.

QR

Qatari Rial Currency

Country: Qatar

Symbol: QR

ISO Code: QAR

Bank: Qatar Central Bank

Interesting fact about Qatari Rial

The Qatari Rial (QAR) is the official currency of Qatar. It was introduced in 1973 following the independence of Qatar from the British Protectorate. The QAR is divided into 100 dirhams and is pegged to the US dollar at a fixed exchange rate of 3.64 QAR to 1 USD. The QAR holds significance in Qatar as it is widely accepted for all transactions and plays a crucial role in the country's economy.

Quick Conversion Guide

Frequently Asked Questions

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The Canadian Dollar to Qatari Rial 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 QAR is QR2.51.
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Yes, our site provides historical charts that show the trends and fluctuations in the Canadian Dollar to Qatari Rial 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.