Currency.Wiki

1 Canadian Dollar to Yemeni Rial

Updated 5 minutes ago
Convert 1 CAD:YER
 CAD =
    YER
 Canadian Dollar =  Yemeni Rials
Trending: CA$ exchange rates for the last 24 hours
  • CAD/USD 0.730914 -0.01468639
  • CAD/EUR 0.683321 -0.00485520
  • CAD/JPY 115.553850 5.58648999
  • CAD/GBP 0.578369 -0.00807148
  • CAD/CHF 0.660786 0.01848229
  • CAD/MXN 12.542557 -0.29845294
  • CAD/INR 60.960019 -1.03914816
  • CAD/BRL 3.739575 0.04743673
  • CAD/CNY 5.295911 0.00319155

CAD/YER exchange rate analysis over the past 90 days

Canadian Dollar to Yemeni Rial exchange rate: Over the last 90 days, the Canadian Dollar weakened by -2.02% against the Yemeni Rial, declining from YR186.6983 to YR183.0026 per Canadian Dollar. This trend reflects the evolving economic dynamics between the Canada and the Yemen. Factors contributing to this weakening may include:

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

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

cad/yer 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.

YR
Yemeni Rial Currency

Country: Yemen

Symbol: YR

ISO Code: YER

Bank: Central Bank of Yemen

Interesting fact about Yemeni Rial

The Yemeni Rial (YER) is the official currency of Yemen. It was introduced in 1996, replacing the North Yemeni rial and the South Yemeni dinar. With a fixed exchange rate since 2018, it has devalued significantly due to the ongoing civil war and economic crisis. The YER's significance lies in its role as the primary medium of exchange in Yemen's struggling economy, affected by inflation and a shortage of basic necessities.

Quick Conversion Guide

Frequently Asked Questions

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The Canadian Dollar to Yemeni 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 YER is YR183.
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Yes, our site provides historical charts that show the trends and fluctuations in the Canadian Dollar to Yemeni 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.