Currency.Wiki
Updated 1 minute ago
 CAD =
    SAR
 Canadian Dollar =  Saudi Riyals
Trending: CA$ exchange rates for the last 24 hours
  • CAD/USD 0.696061 -0.04556215
  • CAD/EUR 0.670094 0.00374530
  • CAD/JPY 109.452437 2.12549820
  • CAD/GBP 0.555805 -0.00121361
  • CAD/CHF 0.627227 -0.00376548
  • CAD/MXN 14.027659 -0.54656889
  • CAD/INR 59.285576 -2.78111557
  • CAD/BRL 4.309382 0.24892153
  • CAD/CNY 5.078112 -0.13794508

CAD/SAR exchange rate analysis over the past 90 days

Canadian Dollar to Saudi Riyal exchange rate: Over the last 90 days, the Canadian Dollar weakened by -6.48% against the Saudi Riyal, declining from SR2.7825 to SR2.6132 per Canadian Dollar. This trend reflects the evolving economic dynamics between the Canada and the Saudi Arabia. Factors contributing to this weakening may include:

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

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.

SR

Saudi Riyal Currency

Country: Saudi Arabia

Symbol: SR

ISO Code: SAR

Bank: Saudi Arabian Monetary Agency

Interesting fact about Saudi Riyal

The Saudi Riyal (SAR) is the official currency of Saudi Arabia. It was introduced in 1925 and is subdivided into 100 halalas. As the primary currency for the Kingdom, the SAR holds significant importance in Saudi Arabia's economy and financial system. It is managed by the Saudi Arabian Monetary Authority (SAMA) and is widely used for everyday transactions and trade within the country.

Quick Conversion Guide

Frequently Asked Questions

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The Canadian Dollar to Saudi Riyal 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 SAR is SR2.61.
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Yes, our site provides historical charts that show the trends and fluctuations in the Canadian Dollar to Saudi Riyal 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.