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1 Yemeni Rial to Canadian Dollar

Updated 3 minutes ago
Convert 1 YER:CAD
 YER =
    CAD
 Yemeni Rial =  Canadian Dollars
Trending: YR exchange rates for the last 24 hours
  • YER/USD 0.003995 0.00000050
  • YER/EUR 0.003706 -0.00002381
  • YER/JPY 0.622821 0.02076132
  • YER/GBP 0.003190 0.00001750
  • YER/CHF 0.003623 0.00007774
  • YER/MXN 0.066944 -0.00177928
  • YER/INR 0.333710 0.00191392
  • YER/BRL 0.020609 0.00082224
  • YER/CNY 0.028902 0.00018338

YER/CAD exchange rate analysis over the past 90 days

Yemeni Rial to Canadian Dollar exchange rate: Over the last 90 days, the Yemeni Rial strengthened by 0.82% against the Canadian Dollar, moving from CA$0.0054 to CA$0.0055 per Yemeni Rial. This trend reflects the evolving economic dynamics between the Yemen and the Canada. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Yemen and Canada.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Yemen and Canada.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Yemen or Canada.
  • Global Influences: Broader economic or geopolitical events that can impact both the Yemen and the Canada.

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

yer/cad Historical Chart

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.

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.

Quick Conversion Guide

Frequently Asked Questions

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The Yemeni Rial to Canadian Dollar 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 YER to CAD is CA$0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Yemeni Rial to Canadian Dollar 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.